Monday, February 18, 2008

Retirement Planning

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

With Enron, you would have had US$16.50 left of the original US$1000.00.

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

If you had purchased US$1000 of Delta Air Lines stock you would have US$49.00 left.

But, if you had purchased US$1,000.00 worth of beer/wine one year ago, drank all the beer/wine, then turned in the cans/bottles for the aluminium recycling REFUND, you would have had US$121.00.

Based on the above, my best current investment advice is to drink heavily and recycle!



Anonymous Anonymous said...

When I joined Yahoo! I was given stock options - unfortunately the grant price was $47! Even with the Microsoft bid fallout, I'd still lose money :(

I should have held out for beer!

23/2/08 04:06  

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