Thursday, October 2, 2008
401-Keg Plan
Retirement plans compared...
If you had purchased $1000.00 of Nortel stock one year ago, it would now be worth $49.00.
With Countrywide Financial, you would have $16.50 left of the original $1000.
With WorldCom, you would have less than $5.00 left.
If you had purchased $1000.00 of Delta Air Lines stock you would have $49.00 left.
If you had purchased Fannie Mae or Freddie Mac stock, you would have nothing left (except more taxes).
But, if you had purchased $1000.00 worth of beer one year ago, drank all the
beer, then turned in the cans for recycling, you would have $ approximately $50.00.
Based on the above, the best current investment advice is to drink heavily and recycle.
This is called the 401-Keg Plan.
(from a friend)
Happy Oktoberfest
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