Aunt Millie
(redirected from Aunt Millies)Aunt Millie
An unsophisticated investor.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved