Sunday, September 06, 2009

New terminology in financial services

BULL MARKET

A random market movement causing an investor to mistake himself for a financial genius.

BEAR MARKET

Another random market movement causing months where the children get no allowance, the wife gets no jewellery, 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

How much broker my broker has made me.

STANDARD & POOR

Your life in a nutshell.

STOCK ANALYST

The idiot who just downgraded your stock.

STOCK SPLIT

When your ex-wife and her lawyer split your assets equally between themselves.

FINANCIAL PLANNER

A guy whose phone has been disconnected.

MARKET CORRECTION

The day after you buy stocks.

CASH FLOW

The movement your money makes as it disappears down the toilet.

PROFIT

An archaic word no longer in use.

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