If you have been investing in stock market, you probably are already painfully familiar with the new financial terms and definitions, but if you are just thinking about investing in stock market for the first time, it is critical that you familiarize yourself with the new financial terms that have changed their original meaning in light of recent stock market downturn. These definitions have been floating about and I have compiled what looks like a pretty complete stock market glossary.
AUDITOR – Person who arrives after a battle to finish off the wounded
BROKER -- What my broker has made me
CASH FLOW -- The movement your money makes as it disappears down the toilet
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
Momentum Investing – The art of buying high and selling low
P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing
EBIT – Earnings before irregularities and tampering
EBITDA – Earnings before I tricked the dumb auditor
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
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 is now locked up in a mental institution
PROFIT -- An archaic word no longer in use
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