Legal advice on college savings?

I have a large amount of money saved for my son’s college and our financial planner is telling us that we should move that money to a life insurance policy so that financial aid boards would not see it as money saved for college but as life insurance. Would that be considered fraud? Thanks, the […]

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Do you agree with these revised definitions of financial 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 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex. VALUE INVESTING — The […]

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Are these new investing terms accurate?

New Market Definitions that you need to learn soon: 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 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and […]

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My 9th joke funny or not?

New Wall street terms New Wall street terms, arising from the financial meltdown: CEO- Chief embezzlement officer. CFO- Corporate fraud officer. Broker- What my broker has made me. Standard & poor- your life in a nutshell. Cash flow- The movement your money makes as it disappears down the toilet. Profit- an archaic woord no longer […]

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Are these good new stock market terms?

Due to today’s rapidly changing stock market and the financial conditions in industry, the following terms have had to be revised for investors in order to more clearly reflect today’s economic market place: CEO — chief embezzlement officer. CFO — corporate fraud officer. BULL MARKET — A random market movement causing an investor to mistake […]

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