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It's investment humor. My coworker told me one of our brokers called to enter a sell order, but he first wanted to know about the cost basis. So we got the account up and asked him which investment he needed the basis for, and he said, "the money market fund."

Does that make anyone but me laugh?
https://www.youtube.com/watch?v=yX27AfOEYGc
http://www.azquotes.com/picture-quotes/quote-i-have-no-idea-what-you-just-said-child-breeze-said-so-i-m-simply-going-to-pretend-it-brandon-sanderson-50-40-17.jpg
That was the funniest joke I've ever read, had me laughing non-stop for five minutes. Might actually be dangerous, like that funniest joke ever in that Monty Python sketch.
That one was great. I won't ask you, "How does it smell" because I don't want to cause a problem.

Some of these brokers...I wonder sometimes how they got licensed without knowing basic things. Sometimes I wonder how they finished grade school.
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Gerin: Some of these brokers...I wonder sometimes how they got licensed without knowing basic things. Sometimes I wonder how they finished grade school.
Oh. Kinda like the customer's safety manager who was trying to give me crap today.
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Gerin: It's investment humor. My coworker told me one of our brokers called to enter a sell order, but he first wanted to know about the cost basis. So we got the account up and asked him which investment he needed the basis for, and he said, "the money market fund."

Does that make anyone but me laugh?
I have a strange feeling that, since i didn't take an accounting course, i'm missing something insanely basic and fundamental, but i'm going to go out on a limb here and say he was talking about "currency investment," you know, where people try to make money by betting on the value of a certain currency either going up or down?
https://www.youtube.com/watch?v=Ccoj5lhLmSQ
Yeah, 'money market fund' sounds like the pool of all money of all people and organisations in the entire world.
Remind me to never step in a star trek convention.
Think of it this way - I've heard worse...
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These two ducks were walking along and one of them says 'Old Age Pension'.

You get it?

You will when you're 65.
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ChainsawGenie: Think of it this way - I've heard worse...
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These two ducks were walking along and one of them says 'Old Age Pension'.

You get it?

You will when you're 65.
Depends on how old you are now. They're always talking about upping the age.
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Gerin: It's investment humor. My coworker told me one of our brokers called to enter a sell order, but he first wanted to know about the cost basis. So we got the account up and asked him which investment he needed the basis for, and he said, "the money market fund."

Does that make anyone but me laugh?
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kohlrak: I have a strange feeling that, since i didn't take an accounting course, i'm missing something insanely basic and fundamental, but i'm going to go out on a limb here and say he was talking about "currency investment," you know, where people try to make money by betting on the value of a certain currency either going up or down?
It's just that every investment account has a portion that is uninvested cash, just money sitting there waiting to be either invested or sent out somewhere, like in a parking space. Since it is not invested in anything, it does not go up or down in value with the fluctuations of the stock market, bond market, etc.
The cost basis of an investment is the value that was placed it, not counting interest received or any appreciation of its value. A money market fund does not fluctuate, and therefore it is meaningless to ask its cost basis.
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kohlrak: I have a strange feeling that, since i didn't take an accounting course, i'm missing something insanely basic and fundamental, but i'm going to go out on a limb here and say he was talking about "currency investment," you know, where people try to make money by betting on the value of a certain currency either going up or down?
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Gerin: It's just that every investment account has a portion that is uninvested cash, just money sitting there waiting to be either invested or sent out somewhere, like in a parking space. Since it is not invested in anything, it does not go up or down in value with the fluctuations of the stock market, bond market, etc.
The cost basis of an investment is the value that was placed it, not counting interest received or any appreciation of its value. A money market fund does not fluctuate, and therefore it is meaningless to ask its cost basis.
"money market" is a really funny name for money just sitting there. No wonder some people complain accounting is confusing. XD
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Gerin: Does that make anyone but me laugh?
A guy storms into an office at Wall Street and puts a gun at neck of one of the workers.

"You piece of shit! I lost all my savings because of you! I am all broke! What have you got to say for yourself, huh?!?"

- "Calm down! What the heck did you expect anyway? I am a broker, for christ sake!".


Sorry, I couldn't come up with any better investment joke in such a short notice. I first tried to come up with some kind of "an investor went into a bar"-kind of joke, but came up empty. This is all I could muster, sorry.