MWilding's Guide To Understanding The Market

GasX

Lifer
Feb 8, 2001
29,033
6
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Stock

A magical piece of paper that is worth $33.75 until the moment you buy it at which point it will be worth $8.50.

Bond

What you had with your spouse until she pawned your golf clubs to invest in a dot bomb stock.

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.
 

GasX

Lifer
Feb 8, 2001
29,033
6
81
Due to underwhelming response, part II will not be seen anytime soon.

Screw you guys! :p
 

Coquito

Diamond Member
Nov 30, 2003
8,559
1
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Broker

What you will eventually become if you don't choose the right one. :)
 

vi edit

Elite Member
Super Moderator
Oct 28, 1999
62,484
8,345
126
Options
Ways your are given to lose money

Warrant
What is issued in your name after not paying up on a short sell

Call
What you'll be making to your lawyer after receiving a Warrant

 

GasX

Lifer
Feb 8, 2001
29,033
6
81
Originally posted by: JS80
So your telling me you suck at trading/picking stocks?
No, I am telling you what you need to know before getting into the market. Geesh! :roll: