Silver Post Medal for All Time! 263 Posts
September 26, 2006
If you had purchased $1000.00 of Nortel stock one year ago, it would now be worth $49.00.
With Enron, you would have had $16.50 left of the original $1000.00.
With WorldCom, you would have had less than $5.00 left.
But, if you had purchased $1000.00 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling refund, you would have had $214.50.
Based on the above, current investment advice is to drink heavily and recycle.
It's called the 401-Keg Plan.