12/10/2008

Financial Crisis explained…

Business, Insight

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Financial Crisis
Financial Crisis explained

Adversity and wry humour are never far apart….

CEO – Chief Embezzlement Officer

CFO – Corporate Fraud Officer.

BULL MARKET – A random market movement causing an investor to mistake him/her self for some kind of financial genius.

BEAR MARKET – a 6 to 18 month period when the kids 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 – What my broker 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.

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.

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 @ $240 per share.

INSTITUTIONAL INVESTOR – Past year investor who’s now locked up in a nuthouse.

PROFIT – An archaic word no longer in use.

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