Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Bagel Land

What it is:

"Bagel land" is a slang term that describes where investments go when their prices approach zero.

How it works (Example):

For example, let's assume that Company XYZ's stock falls from $10 per share to $0.50 per share due to a series of internal scandals and product failures. A bankruptcy filing seems imminent. In this situation, we would say that Company XYZ stock is, "Heading to bagel land."

Why it Matters:

The financial world has its own language. In this case, the slang term evolved from the fact that bagels look like the number zero.