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Life After Brown
Heard Any Good Ones: Archive
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<blockquote data-quote="vic" data-source="post: 60678"><p>STOCK: A magical piece of paper that is worth $33.75 until the moment you </p><p>buy it. It will then be worth $8.50. </p><p> </p><p>BOND: What you had with your spouse until you pawned his/her golf clubs to </p><p>invest in Amazon.com. </p><p> </p><p>BROKER: The person you trust to help you make major financial decisions. </p><p> </p><p>Please note the first five letters of this word spell "Broke". </p><p> </p><p>BEAR: What your trade account and wallet will be when you take a flyer on </p><p>that hot stock tip your secretary gave you. </p><p> </p><p>BULL: What your broker uses to explain why your mutual funds tanked </p><p>during the last quarter. </p><p> </p><p>MARGIN: Where you scribble the latest quotes when you're supposed to be </p><p>listening to your manager's presentation. </p><p> </p><p>SHORT POSITION: A type of trade where, in theory, a person sells stocks </p><p>he doesn't actually own. Since this also only ever works in theory, a short </p><p>position is what a person usually ends up being in (i.e. "The rent, sir? </p><p>Hahaha, well, I'm a little short this month."). </p><p> </p><p>COMMISSION: The only reliable way to make money on the stock market, </p><p>which is why your broker charges you one. </p><p> </p><p>YAK: What you do into a pail when you discover your stocks have plunged </p><p>and your broker is making a margin call.</p></blockquote><p></p>
[QUOTE="vic, post: 60678"] STOCK: A magical piece of paper that is worth $33.75 until the moment you buy it. It will then be worth $8.50. BOND: What you had with your spouse until you pawned his/her golf clubs to invest in Amazon.com. BROKER: The person you trust to help you make major financial decisions. Please note the first five letters of this word spell "Broke". BEAR: What your trade account and wallet will be when you take a flyer on that hot stock tip your secretary gave you. BULL: What your broker uses to explain why your mutual funds tanked during the last quarter. MARGIN: Where you scribble the latest quotes when you're supposed to be listening to your manager's presentation. SHORT POSITION: A type of trade where, in theory, a person sells stocks he doesn't actually own. Since this also only ever works in theory, a short position is what a person usually ends up being in (i.e. "The rent, sir? Hahaha, well, I'm a little short this month."). COMMISSION: The only reliable way to make money on the stock market, which is why your broker charges you one. YAK: What you do into a pail when you discover your stocks have plunged and your broker is making a margin call. [/QUOTE]
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