If you had bought $1,000.00 of Nortel stock one year ago, it would now be worth $49.00.
With Enron, you would have $16.50 of the original $1,000.00.
With WorldCom, you would have less than $5.00 left.
If you had bought $1,000.00 worth of beer (the beer, not the stock) one year ago, drunk all the beer, then turned in the cans for the 5 cent deposit, you would have $107.00.
Based on the above, my current investment advice is to drink heavily and recycle.
This is a new retirement program, call it the 401Keg .
With Enron, you would have $16.50 of the original $1,000.00.
With WorldCom, you would have less than $5.00 left.
If you had bought $1,000.00 worth of beer (the beer, not the stock) one year ago, drunk all the beer, then turned in the cans for the 5 cent deposit, you would have $107.00.
Based on the above, my current investment advice is to drink heavily and recycle.
This is a new retirement program, call it the 401Keg .
