Turn on the news or open up any newspaper or magazine and the headlines are filled with financial doom and gloom. Whole countries teeter on the edge of economic collapse. With that in mind, I thought it might be important to share some important new changes to the economic lingo we hear and use daily.
1. CEO — Chief Embezzlement Officer.
2. CFO — Corporate Fraud Officer.
3. BULL MARKET — A random market movement causing an investor to mistake himself for a financial genius.
4. 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.
5. VALUE INVESTING — The art of buying low and selling lower.
6. P/E RATIO — The percentage of investors wetting their pants as the market keeps crashing.
7. BROKER — What my broker has made me.
8. STANDARD & POOR — Your life in a nutshell.
9. STOCK ANALYST — Idiot who just downgraded your stock.
10. STOCK SPLIT — When your ex-wife and her lawyer split your assets equally between themselves.
11. FINANCIAL PLANNER — A guy whose phone has been disconnected.
12. MARKET CORRECTION — The day after you buy stocks.
13. CASH FLOW — The movement your money makes as it disappears down the toilet.
14. YAHOO — What you yell after selling it to some poor sucker for $240 per share.
15. WINDOWS — What you jump out of when you’re the sucker who bought Yahoo @ $240 per share.
16. INSTITUTIONAL INVESTOR — Last year investor who’s now locked up in a nuthouse.
17. PROFIT — An archaic word no longer in use.
- Work Humor: 12/7/2011 (mikes-take.com)
- 20111210-Humor Time (thebloggingpath.com)
- Your work may be serious, but your business doesn’t have to be (cbsnews.com)