Twin Peaks approach n.— «It was influenced by what is known in regulatory circles as the Twin Peaks approach, used in Australia and the Netherlands. The idea is to create two financial regulators that are given separate responsibilities not based...
gunning for the stops n.— «SmartStocks.net monitors nearly 5,000 listed stocks and ETFs that trade at more than $5 per share and average at least 40,000 shares in daily trading volume. After the close, it sends subscribers an email, giving both...
diworsification n.—Gloss: Diversifying one’s investments too much. «Diworsification refers to the fact that you can diversify too much. For example, if you own one company’s stock you could potentially hit it big, but you could also lose it all. If...
wrap fee n.— «It allows broker-dealers to charge fees based on assets under management (sometimes referred to as a “wrap fee”) rather than product commissions—just as the registered investment advisers do. If the client’s portfolio goes up in...
chuppy n.— «Take the “Chuppies” into account when rounding out your investment portfolio, advises investment strategist Dr. Bob Froehlich. Chuppies, Froehlich explains in his new book “Investment Megatrends,” are the Chinese version of America’s...
dreck
n.— «Dreck. Cheapest quality leather. (Dreck is Yiddish for filth.)» —“Leather Workers’ Slang and Jargon” by Members of Suitcase, Bag, and Portfolio Union in Mass., N.J. Lexicon of Trade Jargon , 1938-39. (source: Double-Tongued Dictionary)