RETIREMENT PLANNING FOR 2008
This was sent to me by a reader. It sounds like investment advise a lot of people will be employing soon, if for no other reason than to forget about losses in other areas of their portfolios.
Vern
RETIREMENT PLANNING FOR 2008
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.
If you had purchased $1000 of Delta Air Lines stock you would have$49.00 left.
But, if you had purchased $1,000.00 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling - -REFUND, You would have had $214.00.
So, based on the above, the best current investment advice is to drink heavily and recycle.
It's called the 401-Keg Plan.
Vern
RETIREMENT PLANNING FOR 2008
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.
If you had purchased $1000 of Delta Air Lines stock you would have$49.00 left.
But, if you had purchased $1,000.00 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling - -REFUND, You would have had $214.00.
So, based on the above, the best current investment advice is to drink heavily and recycle.
It's called the 401-Keg Plan.
posted by Vern Wichers at 9:54 AM
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