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Monday, October 27, 2008

A Better 401-K Plan



Every thought I had for a post today was thrown out the window when I opened this forwarded email from my younger brother... Jim would have appreciated it the most... with the way the prices have gone this year I'm not sure how much validity is in the actual numbers... but you get the idea...

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 it all, then turned in the cans for recycling, you would have $214.00.

Based on the above, the best current investment advice might be to drink heavily and save your cans.

This is called the 401-Keg Plan.

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Out of habit, still, I hit forward in my email program to forward the email to Jim... god this sucks...

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