BILL CHERRY'S GREATEST DALLAS PARK CITIES REAL ESTATE BLOG: March 2009

Definitions That Are Passing Around...

 

 

  One of my friends, Ken Lanyon, sent me these definitions:

 

CEO - Chief Embezzlement Officer

 CFO - Corporate Fraud Officer   

 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 financial planner 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.

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 at $240 per share.

  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 s*x.  

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

PROFIT - an archaic word no longer in use.

For some reason, CASH FLOW has turned out to be my favorite

 

BILL CHERRY, REALTORS

DALLAS - HIGHLAND PARK

214 503-8563

4 commentsBILL CHERRY • March 16 2009 08:21AM
THEY'RE SOMETIMES CALLED MC MANSIONS: WHY TODAY THEY AREN'T SELLING…
share
The most evil thing has infected the million dollar + market of Dallas. Commercial lenders have gotten into the act. 1. They quote "hard money" rates if they'll even entertain a mortgage for in excess of, say, $750, 000. So we're talking about an… more
HOW MANY SELLERS AND THEIR AGENTS SIMPLY DON'T GET IT?
share
For a few weeks, maybe two months, I've been showing for-sale homes to a young client of mine. She's an advanced-degreed professional, single, and this will be the first home she'll own. The criteria is this: 2 to 3 bedrooms, 2 baths, not too far… more