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Housewife's definition of retirement: "Retirement is half as much money and twice as much husband!
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Stock Investments: A magical piece of paper that is worth $33.75 until the moment you buy it. It will then be worth $8.50.
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Bond: What you had with your spouse until you pawned his/her golf clubs to invest in Enron Corporation!
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Broker: The person you trust to help you make major financial decisions. Please note the first five letters of this word spell "Broke!"
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Bear: What your trade account and wallet will be when you take a flyer on that hot stock tip your secretary gave you.
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Bull: What your broker uses to explain why your mutual funds tanked during the last quarter!
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Margin: Where you scribble your latest stock quotes when you're suppose to be listening to your manager's presentation.
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Short Position: A type of trade where, in theory, a person sells stocks he doesn't actually own. Since this also hardly ever works in theory, a short position is what a person usually end up being in.
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Commission: The only reliable way to make money on the stock market, which is why your broker charges you commissions!
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Every time one person sells stock, another one buys, and they both think they are smart.
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Stock Analyst: The idiot who just downgraded your stock.
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Stock Split: When your ex-wife and her lawyer split all your assets equally between themselves.
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Stock Broker: A person who says to his client: I've reviewed your portfolio, and if we manage your stocks properly, there should be plenty of money for both of us.
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Bull Market: A random market movement causing an investor to mistake himself/herself for a financial genius.
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Bear Market: A down market period when the kids get no allowance, the spouse gets no jewelry and the husband gets no sex.
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Long-Term Investment: A short-term investment that failed.
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Economics: An extremely useful method fo employment for econmists.
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Money: The safest way to double your money is to fold it and put it in your pocket.
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Beer Investment: 12 months ago if you bought 1,000 shares of ABC stock you would now have 35 shares - counting losses. If you had bought 1000 cans of beer you would now have 1000 empty cans to sell. Invest in beer.
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Investments: Your best stock investment may be the one you don't make.