investorism

investorism
n.
The movement of money away from purchasing goods and services ("consumerism") towards investing in mutual funds, stocks, and other financial assets.
Example Citation:
"In 'The Overspent American,' Juliet B. Schor...has identified a more recent variation of our materialism, an insidiously ruinous form of 'competitive spending' and 'competitive acquisition' that she calls 'the new consumerism.'...[However,] Schor's new consumerism may soon become subsumed by a new investorism. The big baby boom generation, of which Schor takes little account, has spurred much of the rise in spending by simply acting its age. For two decades baby boomers have been starting families and buying and furnishing homes. Now they're...investing for retirement."
— Peter T. Kilborn, "Splurge," The New York Times
Related Words: Category:

New words. 2013.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Stock Market and Investing — angel investor bear tack black swan Bull Market Babies capitulation bottom carve out casino culture …   New words

  • affluenza — (AF.loo.en.zuh) n. An extreme form of materialism in which consumers overwork and accumulate high levels of debt to purchase more goods (affluence + influenza). Example Citation: Our society is more troubled by problems of overabundance. We are… …   New words

  • day trading — n. Internet based stock market trading in which individual investors quickly buy and sell equities to take advantage of short term trends, and then sell most if not all of their holdings before the end of the day. day trading adj. day trade v.… …   New words

  • inconspicuous consumption — n. Purchasing goods or services that convey a lower socioeconomic status. Example Citation: Nobody wants to entertain in a restaurant or a public place, said Serena Bass, the owner of a catering company. They want to be huddled around their… …   New words

  • investment pornography — n. Articles and stories that focus on investment success. Also: investment porn. Example Citation: You know the stories: The Top Ten Mutual Funds to Buy Now, How to Double Your Money This Year, personality profiles that read like fan magazines.… …   New words

  • investomer — n. A business customer who is also a shareholder (i.e., an investor) in the business. Example Citation: Old Kent is in the process of producing deposit statement inserts introducing the service to over 600,000 household customers. Our aim, says… …   New words

  • maffluent — n. The mass affluent; the relatively large group of people who can now make some claim to affluence because of the increased value of their stock portfolios. Example Citation: The ownership of shares seems to be taking off again, building on… …   New words

  • sudden loss of wealth syndrome — n. Stress and anxiety caused by an abrupt loss of wealth. Example Citation: Joan Indursky DiFuria, co founder of the Money, Meaning and Choices Institute in San Francisco the folks who put the phrase Sudden Wealth Syndrome into the lexicon said… …   New words

  • sudden wealth syndrome — n. Stress and anxiety caused by the sudden accumulation of unaccustomed wealth. Example Citation: Even the winners on the [Antiques Roadshow] those who make it on air, tell and receive stories, discover sudden wealth are not delivered. On… …   New words

  • ticker shock — n. The anguish experienced by an investor who owns equities and who sees the value of their portfolio diminish when the stock market goes down (cf. sticker shock). Example Citation: Maybe it was cool headed professionalism or perhaps it was some… …   New words

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”