Aunt Millie

Aunt Millie

An unsophisticated investor.

Aunt Millie

1. Derogatory; an uneducated investor who knows little or nothing about investment strategies. Investment advisors often recommend simple investments that carry little risk to Aunt Millies.

2. Derogatory; a security thought to be a bad risk. The term derives from the idea that the security or strategy is so bad that only an "Aunt Millie" investor would buy it.
References in periodicals archive ?
It's unlikely that Aunt Millie will do any better, and she may not be very happy when she soon discovers that the crowd-funded investments she's made have all turned to dust.
SALLY Harper-Kenn's love of hats came from her glamorous great aunt Millie, who always went out beautifully attired.
I know there are a lot of the Johnson family I have not seen since I was a child such as my uncle Carl Johnson, Aunt Millie and cousins Kathleen, David, Peter, Barbara and Brenda.
He lived to be 90, and whenever you saw him and Aunt Millie, they were holding hands.
Josh's aunt Millie Robinson, aged 17, who broke a leg in the same incident, added: "I'm just overwhelmed that we have got justice because we never thought we would.
The same goes for the young bride when Aunt Millie must know when babies are due.
Though in her 90s, Aunt Millie was quite able-bodied and very able-minded.
IF YOU'RE CALLING AUNT MILLIE IN PARIS, FRANKLY HEH
Joshua had just popped out with aunt Millie Robinson to buy his favourite sweets when they were mown down in Burney Lane, Alum Rock, Birmingham.
One morning Aunt Millie arrived to take Ashley to the city.
Josh was walking along Burney Lane, Alum Rock, with his 13-year-old aunt Millie Robinson and her friend when they were both struck by the car in August 2004.
David Jones, prosecuting, said at the time of the incident on August 25, 2004, Joshua had been with his 13-year-old aunt Millie Robinson and her friend.