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 ?
* Aunt Millie's Bakeries site: With no plans included in October's purchase announcement, Fort Wayne-based music and pro audio retailer Sweetwater Sound and Sweetwater founder Chuck Surack intends to buy the Aunt Millie's Bakeries' former downtown bakery, which ceased baking bread earlier in 2018.
"It all began when I used to spend time with my Aunt Millie as a child," Joanie Cecola says.
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. In a refreshing twist, the eighty-one-year-old pillar of the island reveals vulnerabilities of her own, instead of playing the role of a fairy godmother.
As the other girls in the dormitory find a place in Cammie's life and the mystery begins to unfold, Cammie learns the true meaning of family and finally escapes Aunt Millie's grasp.
Aunt Millie's Bakehouse is a division of Aunt Millie's Bakeries, which has been family owned since 1901.
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.
"At the mercy of transcribers my great uncle Willie becomes great aunt Millie; my great-great grandfather Patrick becomes Louisa and, low and behold, in the newly released 1939 register, my English great grandmother Martha Anne Fawcett is transcribed as Arthur and becomes my great grandfather.
While growing up, David loved spending time at his Aunt Millie's camp, hanging out with his cousin of the same age Ritchie, those many family vacations with his sister and parents (especially to Michigan), fun times at Dean Park in Shrewsbury, playing basketball on the church team, bowling at Lincoln Lanes, his little sports car and those holidays where all the family would gather.
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.
Made from germinated whole grain that has begun to sprout, resulting in higher protein and vitamin content, Aunt Millie's Hearth Organic Sprouted Wheat Bread offers a whopping 5 grams of fiber per serving.