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 ?
4 BLIZZARD (2003) BRENDA Blethyn stars as Aunt Millie in this family comedy about a young ice skater and a magical reindeer.
Grace flees to Florida to meet her deceased mother's estranged Aunt Millie.
Although Cammie and Aunt Millie grate on each other, Best makes it clear that their contentious relationship is because they are two peas in a pod.
Given cloud computing's prevalence, it's hard to believe that CRM's affordability is a big issue, which leads me to believe that some businesses will never convert to CRM because it just isn't right for them, just as your aunt Millie still goes into the bank lobby once a week.
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.
they probably don't want to hear about your mortgage, your migraines or Aunt Millie in the guestroom.
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.