Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Wednesday, April 29, 2009

The blame game - it's always others' fault but ourselves or the real culprits'









Source : chain email received from a friend's American friend

Saturday, April 25, 2009

New Dictionary : Current Stock Market Terms

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 six to 18 month period when the kids get no allowance, the wife gets no jewelry.

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 broker 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.

FINANCIAL PLANNER -- A guy whose phone has been disconnected.

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 Yahoo @ $240 per share.

INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.

PROFIT -- An archaic word no longer in use.

Source : business contacts

FAQ - Q&A - Life in the USA - meaning of economic downturn

1. The US has made a new weapon that destroys people but keeps the building standing. It's called the stock market.

2. Do you have any idea how cheap stocks are? Wall Street is now being called Wal Mart Street.

3. The difference between a pigeon and a investment broker ... The pigeon can still make a deposit on a BMW.

4. What's the difference between a guy who lost everything in Las Vegas and an investment broker? A tie.

5. The problem with investment bank balance sheets is that on the leftside nothing's right and on the right side nothing's left.

6. I want to warn people from Nigeria who might be reading this -- ifyou get any emails from Washington asking for money, it's a scam.Don't fall for it.

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

Source : Email from a friend