Thursday, June 11, 2009

Some new Financial Terms.

It is for fun only.

  • Standard and Poor (S&P):  Good times and bad
  • Broker:  Poorer than you were last year.
  • Broker:  What my financial planner has helped me become
  • Brokee:  Someone who buys stocks on the advice of a stock broker.
  • Stock Broker:  End of day market report
  • Bond Broker:  That guy who puts up court money to get you out of jail.
  • Buy High, Sell Low:  Market advice for the little guy
  • Value Investing:   The art of buying low and selling lower.
  • Momentum Investing:  The fine art of buying high and selling low.
  • Bull Market:  A random market movement causing investors to mistake themselves for financial geniuses.
  • 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.
  • Bull:  What your broker uses to explain why your mutual funds tanked during the last quarter.
  • Cash Flow:   The movement your money makes as it disappears down the toilet.
  • P/E Ratio:  The percentage of investors wetting their pants as the market keeps crashing.
  • Recession:  A mild downturn in the economy where some friends and neighbors become jobless.
  • Depression:  A mild downturn in the economy when you are jobless along with friends and neighbors.
  • 201/K:  What used to be your 401/K.
  • Poison Pill:  What investors want to take when they see their 201/K balance.
  • Discounted Stock:  A stock that is less expensive than last month and more expensive than it will be next month.
  • Financial Adviser:  Bookie.
  • Hedge Fund:  The money, jewelry, and silver coins you buried in your back yard under the hedge
  • Analyst:  Your proctologist’s trainee.
  • Pension plan:  A plan to keep you working because the market crashed.
  • Economist:  An expert who will know tomorrow why the things he predicted yesterday didn’t happen today.
  • Financial Planner  A person whose phone has been disconnected.
  • Social Security:  A federally mandated pyramid scheme.
  • 52-Week Low:  How you feel each new day when you get home.
  • TARP:  What you sleep under after you lost your job, car, and house.
  • Foreclosure:  The time that the stock market stops dropping each day.
  • CEO:  Chief embezzlement officer.
  • CFO:  Chief fraud officer.
  • EBIT:  Earnings before irregularities and tampering.
  • EBITDA:  Earnings before I tricked the dumb auditor.
  • EPS:  Eventual prison sentence.
  • FRS:  Fantasy reporting standards.
  • IRS:  I’m really sexy
  • Fair Value:  What you give up when you buy stock
  • Unfair Value:  What you receive when you sell stock.

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