A slang term for an uneducated or unsophisticated investor. The term is considered a derogatory remark in the financial sector, often used to refer to poor investment choices.
Financial professionals might recommend an "Aunt Millie" investment to clients who are unfamiliar with investing. Because the professional tries to match the investment to the customer, he or she will typically offer "Aunt Millie" a simple, low-risk investment.
Analysts may use the term to berate a stock or other security. For example, one may say that investing in a certain stock is so foolish, only Aunt Millie would buy it
Analysts may use the term to berate a stock or other security. For example, one may say that investing in a certain stock is so foolish, only Aunt Millie would buy it
We tend to invest in a lot of stocks, which Aunt Millie would as well. We feel this semester as we are uneducated and unsophisticated when we are investing. The investing we do seem to be random and we aren’t sticking to familiar companies. We are trying to be open to different stocks and going on a whim picking them.
A financial market of a group of securities in which prices are rising or are expected to rise. The term "bull market" is most often used to refer to the stock market, but can be applied to anything that is traded, such as bonds, currencies and commodities.
We have a propensity to invest in stocks that are in the bull market expecting to make some great profits fast. As we have found out that always isn’t the case. When we think we will make money quick we end up losing money. Bull markets and our group aren’t have a successful time so far into this game.
Momo Play
A slang term used to describe an investment purely as a momentum play, not worrying about the company's fundamentals.
Our team has been known to Momo Play. We haven’t been too worried about the company’s fundamentals at all lately. We are having our random walk test and we think the markets can’t be predicted so we are testing that theory out. We kind of just buy for the symbols or name of the stock and just go with it.
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