Monday, February 27, 2006

An Effective Investment/Retirement Plan

If you had purchased $1,000 of Nortel stock one year ago, it would now be worth $49. With Enron, you would have $16.50 left of the original $1,000. With WorldCom, you would have less than $5 left.

But if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling price, you would have $214. Based on the above, current investment advice is to drink heavily and recycle.

It's called the 401 Keg Plan.

Sounds almost as good as the retirement plan that calls for paying your social security payments to get a permanent cabin on a cruise ship.

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