NF...Retirement Planning for 2008

[Beans]

If you had purchased $1,000.00 of Nortel stock one year ago, today it would be worth $49.00.

 

With Enron, you would have $16.50 left of the original $1,000.00.

 

With WorldCom, you would have less than $5.00 left.

 

If you had purchased $1,000.00 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 of it, then turned-in the cans for the aluminum recycling refund, you would have $214.00.

 

Based on the above information, the best current investment advice is to drink heavily and recycle.

[JeffBornFishin]

Couldn't agree more.

 

Especially after the kick in the financial pants in the last couple days.

 

Seems like every time you regain your losses your dealt another blow.

[keram]

If you had purchased $1,000.00 of Nortel stock one year ago, today it would be worth $49.00.

 

With Enron, you would have $16.50 left of the original $1,000.00.

 

With WorldCom, you would have less than $5.00 left.

 

If you had purchased $1,000.00 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 of it, then turned-in the cans for the aluminum recycling refund, you would have $214.00.

 

Based on the above information, the best current investment advice is to drink heavily and recycle.

 

 

I think your numbers (for stocks) are pretty high Did you include brokerage commision in your calculations ????

[Canuck2fan]

Somedays having absolutely nothing to lose is a good thing..... I would have went liquid about 6 months ago the writing was on the wall.

[jwl]

right on now my wife can't bug me about all the empties in my shed at camp thanks to your genious investment plan there

Edited September 15, 2008 by jwl

[Radnine]

Yes, it's a good time to buy.

[sturgman]

Hilarious! Suds up everyone...