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Old 09-26-2008, 07:54 AM
hermco hermco is offline
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Join Date: Mar 2002
Location: Jensen Beach, FL
Posts: 827
Default Re: Stock market/banking sector insanity

Retirement plans compared...

If you had purchased $1000.00 of Nortel stock one year ago, it would now be worth $49.00.

With Enron, you would have $16.50 left of the original $1000.

With WorldCom, you would have less than $5.00 left.

If you had purchased $1000.00 of Delta Airlines stock you would have $49.00 left.

If you had purchased United Airlines, you would have nothing left.


But ... if you had purchased $1000.00 worth of beer one year ago, drank all the beer, then turned in the cans for recycling, you would have $214.

Based on the above, the best current investment advice is to drink heavily and recycle. (Go green!)


This is called the 401-Keg Plan.
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