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Pass this around all of Fooldom. Priceless!

16 Meaningless Market Phrases That Will Make You Sound Smart On CNBC
http://www.businessinsider.com/meaningless-phrases-that-soun...

Here is just one:

"The easy money has been made"

When to use it: When you are asked whether investors should buy a market or stock that has already gone up a lot.
Why it's smart-sounding: It implies wise, prudent caution. It implies that you bought or recommended the stock a long time ago, before the easy money was made (and are therefore smart). It suggests that there might be further upside but that there might also be future downside, because the stock is "due for a correction" (another smart-sounding meaningless phrase that you can use all the time). It does not commit you to any specific recommendation or prediction. It protects you from all possible outcomes: If the stock drops, you can say "as I said..." If the stock goes up, you can say "as I said..."
Why it's meaningless: It's a statement of the obvious. It's a description of what has happened, not what will happen. It requires no special insights or powers of analysis. It tells you nothing that you don't already know. Also, it's not true: The money that has been made was likely in no way "easy." Buying stocks that are rising steadily is a lot "easier" than buying stocks that the market has abandoned for dead (because everyone thinks you're stupid to buy stocks that no one else wants to buy.)


Happy Friday and Enjoy!
Mark
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