{"id":4333,"date":"2024-09-17T21:04:15","date_gmt":"2024-09-17T21:04:15","guid":{"rendered":"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/?p=4333"},"modified":"2024-09-17T21:04:15","modified_gmt":"2024-09-17T21:04:15","slug":"the-globe-and-mail-when-dumb-money-chases-a-dead-cat-bounce-and-other-investment-jargon","status":"publish","type":"post","link":"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/the-globe-and-mail-when-dumb-money-chases-a-dead-cat-bounce-and-other-investment-jargon\/","title":{"rendered":"The Globe and Mail: When Dumb Money Chases a Dead Cat Bounce, and Other Investment Jargon"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-4334\" src=\"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2024\/09\/when-dumb-money-globe-and-mail.jpg\" alt=\"When dumb money chases a dead cat bounce, and other investment jargon explained\" width=\"1200\" height=\"800\" srcset=\"https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2024\/09\/when-dumb-money-globe-and-mail.jpg 1200w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2024\/09\/when-dumb-money-globe-and-mail-300x200.jpg 300w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2024\/09\/when-dumb-money-globe-and-mail-1024x683.jpg 1024w, https:\/\/advisor.wellington-altus.ca\/thewonggroup\/wp-content\/uploads\/sites\/31\/2024\/09\/when-dumb-money-globe-and-mail-768x512.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p style=\"font-weight: 400\"><span style=\"font-weight: 400\">The investment industry is no stranger to using a variety of jargon that can leave investors wondering what these terms mean. Our Senior\u00a0Wealth Advisor and Portfolio Manager <\/span>Maili Wong recently contributed to this article in The Globe and Mail which elaborates on what some of this jargon means.<\/p>\n<p style=\"font-weight: 400\"><a href=\"https:\/\/www.theglobeandmail.com\/investing\/globe-advisor\/advisor-news\/article-when-dumb-money-chases-a-dead-cat-bounce-and-other-investment-jargon\/\" target=\"_blank\" rel=\"noopener\">Read the whole article here<\/a>. Here&#8217;s a bit from the article:<\/p>\n<p>&nbsp;<\/p>\n<blockquote><p>9. Dead cat bounce<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Animal lovers may wish to skip this one. A \u201cdead cat bounce\u201d is an especially morbid way to describe an investment\u2019s short-lived recovery. The term appears to date back to a 1985 quote from two Financial Times journalists describing the brief bounce-back of the Singaporean and Malaysian stock markets. It refers to the saying, \u201cEven a dead cat will bounce if it\u2019s dropped from high enough.\u201d Another term for this is a \u201csucker\u2019s rally,\u201d which most cats prefer.<\/p>\n<p>&nbsp;<\/p><\/blockquote>\n<p class=\"p1\"><i>If you have any questions about how this relates to you or your investment portfolio and financial plan, please give us a call at <\/i><a href=\"tel:7786552410\"><span class=\"s1\"><i>778 655 2410<\/i><\/span><\/a><i>\u00a0or email us at\u00a0<\/i><a href=\"mailto:thewonggroup@wellington-altus.ca\"><span class=\"s1\"><i>thewonggroup@<\/i><\/span><\/a><a href=\"http:\/\/wellington-altus.ca\/\"><span class=\"s1\"><i>wellington-altus.ca<\/i><\/span><\/a><\/p>\n<p class=\"p1\">Sincerely,<br \/>\n<b>Maili Wong<\/b>, CFA, CFP, FEA<br \/>\nSenior Portfolio Manager &amp; Senior Wealth Advisor<\/p>\n<p class=\"p1\">Wellington-Altus Private Wealth Inc.<\/p>\n<p class=\"p1\">Board Director<\/p>\n<p class=\"p1\">Wellington-Altus Financial Inc.<\/p>\n<p><strong><em>Maili Wong is a senior portfolio manager and senior wealth advisor at The Wong Group at Wellington-Altus Private Wealth and the Amazon best-selling <\/em><\/strong><strong><em>author of \u2018Smart Risk.\u2019 She has over two decades of experience in the finance industry and was named a Top Wealth Advisor and one of the Best in Province in the 2022 rankings produced by The Globe and Mail and SHOOK Research.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The investment industry is no stranger to using a variety of jargon that can leave investors wondering what these terms mean. Our Senior\u00a0Wealth Advisor and Portfolio Manager Maili Wong recently contributed to this article in The Globe and Mail which elaborates on what some of this jargon means. Read the whole article here. Here&#8217;s a [&hellip;]<\/p>\n","protected":false},"author":85,"featured_media":4334,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","footnotes":""},"categories":[421],"tags":[491,67,486],"class_list":["post-4333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press","tag-globe-and-mail","tag-maili-wong","tag-press"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Globe and Mail: When Dumb Money Chases a Dead Cat Bounce, and Other Investment Jargon | The Wong Group<\/title>\n<meta name=\"description\" content=\"The investment industry is no stranger to using a variety of jargon that can leave investors wondering what these terms mean.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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