...so keep that in mind when reading these).
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 the 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.
LIQUIDITY - When you look at your investments and wet your pants.
# # # # # # # #
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 (even less now.)
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 a 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.
