Moonrise
Showing posts with label Wise Investments in a Fluctuating Economy. Show all posts
Showing posts with label Wise Investments in a Fluctuating Economy. Show all posts

Wednesday, October 22, 2008

Wise Investing...put simply.......

I had heard or read this a week or so ago, and tried to express it to the Dragn....it fell flat, because I didn't remember the numbers....big surprise.

Thanks to my little baby Brother Cub Scottie for sending it to me.
The Stock Market and wise investing.........

If you had purchased $1000.00 of Nortel stock one year ago, it would now be worth $49.00.

With Enron, 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 United Airlines, you would have nothing left.

But, if you had purchased $1000.00 worth of beer one year ago, drank all the beer,
and then turned in the cans for recycling, you would have $214.00.
Based on the above, the best current investment advice is to drink heavily and recycle.


This is called the 401-Keg Plan.
*sorry*
Wollf