SMC Discussion Areas

New Stock Market Terms

CEO – Chief Embezzlement Officer
     
CFO -  Corporate Fraud Officer
     
BULL MARKET – A random market movement causing an investor to mistake himself for a financial genius
 
BEAR MARKET – a 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex.
     
VALUE INVESTING – The art of buying low and selling lower.
     
P/E RATIO – The percentage of investors wetting their pants as the market keeps crashing.
     
BROKER – What my financial planner has made me.
     
STANDARD & POOR – Your life in a nutshell.
     
STOCK ANALYST – Idiot who just downgraded your stock.
     
STOCK SPLIT – When your ex-wife and her lawyer split your assets equally between themselves.
     
MARKET CORRECTION – The day after you buy stocks.
     
CASH FLOW – The movement your money makes as it disappears down the toilet.
     
YAHOO – What you yell after selling it to some poor sucker for $240 per share.
     
WINDOWS – What you jump out of when you're the sucker who bought Yahoo at $240 per share.
     
INSTITUTIONAL INVESTOR – Past year investor who's now locked up in a nuthouse.
   
PROFIT – an archaic word no longer in use.
 
If you had purchased $1000 of shares in Delta Airlines
one year ago, you will have $49.00 today.
 
If you had purchased $1000 of shares in AIG
one year ago, you will have $33.00 today.
 
If you had purchased $1000 of shares in Lehman Brothers
one year ago, you will have $0.00 today.
 
But---- if you had purchased $1000 worth of beer
one year ago, drank all the beer,
then turned in the aluminum cans for recycling refund,
you will have received $214.00.
     
Based on the above, the best current investment plan
is to drink heavily & recycle.   
It's called the   401-Keg.

    Thanks for the chuckle Tom  :biggrin:  :biggrin:

Real good Tom :laugh:  :laugh:  :laugh:.