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Aunt Millie

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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.


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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.
The same goes for the young bride when Aunt Millie must know when babies are due.
My Aunt Millie (I always worried that I should probably call her Mrs.
 
 
 
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