Thursday, October 16, 2008

Nonsense Terms (part 1)

If your Financial Advisor or a CNBC pundit says any of the following nonsense words, run for the hills.

If your Financial Advisor is a CNBC pundit, cyanide capsules.



"market bottom"
"oversold"
"overbought"
"price to book"
"price to earnings"
"diversification"
"mutual fund"
"standard deviation"
"efficient markets"
"long-term investing"
"modern portfolio theory"
"Monte Carlo simulation"
"annuity"
"good as cash"
"variance"
"bell curve"
"don't panic"