Showing posts with label depression. Show all posts
Showing posts with label depression. Show all posts

Wednesday, March 4, 2009

So you have money to invest...

Here's your investment guide for 2009:

1. Theres a new weapon of mass destruction that destroys people but keeps the building standing. Its called the stock market.

2. The difference between a pigeon and an investment banker. The pigeon can still make a deposit on a BMW.

3. Whats the difference between a guy who lost everything in Las Vegas and an investment banker? A tie!

4. What worries me most about the credit crunch is that if one of my cheques is returned stamped "insufficient funds" I won't know whether that refers to mine or the bank's.


New stock market terms:
1. CEO - Chief Embezzlement Officer
2. CFO - Chief Fraud Officer
3. Bull Market - a random market movement causing an investment banker to mistake himself for a financial genius.
4. Bear Market - a 6 to 18 month period when the kids get no allowance and the wife no jewellery.
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. Stock Analyst - idiot who just downgraded your stock.
9. Financial Planner - a guy whose phone has been disconnected.
10. Market correction - the day after you buy stocks.
11. Yahoo - what you yell after selling it to some poor sucker for $240 a share.
12. Windows - what you jump out of when you are the sucker who bought Yahoo for $240 a share.
13. Institutional Investor - past year investor who should now be locked up in a nut house.
14. Profit - an archaic word no longer in use.