If you had bought $1000.00 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 Budweiser (the beer,
not the stock) one year ago, drank all the beer, then
turned in the cans for the 10 cent deposit, you would
have $214.00.
Based on the above, my current investment advice is to
drink heavily and recycle. This is my new retirement
program, I call it my 401Keg program.
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 Budweiser (the beer,
not the stock) one year ago, drank all the beer, then
turned in the cans for the 10 cent deposit, you would
have $214.00.
Based on the above, my current investment advice is to
drink heavily and recycle. This is my new retirement
program, I call it my 401Keg program.
