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.