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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. 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. :D
Originally posted by Cipher
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. 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. :D :rolleyes:
Glad you are not my broker, $1K a year ago would have bought you 529 shares on NT. Today it would have been worth $5.6K.
Originally posted by Charles Schwab
:rolleyes:
Glad you are not my broker, $1K a year ago would have bought you 529 shares on NT. Today it would have been worth $5.6K.
Chill Out 'Mr. Schwab' (It was just a joke!). :rolleyes:
Spider1977
Retirement Plan
My advice is to spend all your money on your bike and enjoy the ride.
Originally posted by Cipher
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. 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. :D
Hah!! Good one!!
Mel
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