Tuesday, October 29, 2013
Investor, Small & Nervous
WIPSO’d
“If we act today, I can get you into this WIPSO which is,
like, totally hot!”
Did, and it shot up.
Next time he looked, had fallen precipitously.
He got another accountant on the phone, his
vacationing in Fiji.
Older voice assured, “WIPSOs volatile, but
has started inching up again.”
WSJ asks
WHAT’S SKY LIMIT FOR WIPSOs?
Business Week counters
WHICH SUB CELLAR FOR THOSE WHIPPED BY WIPSOs?
I was all too much and he dropped in again, got to see
Prodigious Drunk Accountant.
Red faced and brusque. “Get you outa it? No fuckin
problem-o! A penalty of course.”
“Hey!” protested our beset hero. “Waive it!
I've been through enough shit without that!”
“Done! You’re in luck I’m rushed. Bingo, and all
back into your bank! Well, gotta a tee time, so...?”
He walked to his bank to totally affirm the
money transferred.
“It’s here,” counseled quiet Mr Andrews. “We'll talk of
some sedate vehicles someday when you’ve a mind.”
“Well-put. I don't have one now. Been completely
WIPSO'd!”
“If you don't mind my saying so, they're for
insane persons.”
Labels: investing, victim, volatile fund
