The market leaving you speechless? Here's a new market vocabulary making the rounds. My favorite is the new definition of "profit."
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 broker has made me.
CEO -- Chief Embezzlement Officer.
CFO -- Chief Fraud Officer.
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.
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.
INSTITUTIONAL INVESTOR -- investor who's now locked up in a nuthouse.
PROFIT -- An archaic word no longer in use.
Questions? Comments? Funny Stories? Email firstname.lastname@example.org