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Fri 17 Jun, 2005 07:11 pm
INVESTING FOR YOUR RETIREMENT
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If you had purchased $1000.00 of Nortel stock one year ago, it would now
be worth
$49.00.
-O-O-O-O-O-O-O-O-O
With Enron,
you would have had
$16.50
left of the original $1,000.00.
-O-O-O-O-O-O-O-O-O-O
With WorldCom,
you would have had less than
$5.00 left.
-0-0-0-0-0-0-0-0-0-0-0-
But, if you had purchased $1,000.00
worth of Beer one year ago,
drank all the beer,
then turned in the cans for the aluminum recycling REFUND,
you would have had
$214.00.
-0-0-0-0-0-0-0-0-0-0-0
Based on the above,
current investment advice is to
drink heavily and
recycle.
It's called the 401 Keg Plan
:wink:
j'adore you, Lady Trosel.
Yes, it just goes to show that there are so many companies out there just waiting to screw us. And they don't even bother to take us out to dinner and buy us a drink first.
I have already forwarded this one.
ladytrosel, I'm not sure what Bush is trying to sell with his "personal investment accounts," but it's for people that have not heard of Nortel, Enron, WorldCom, and beer. The yunguns think they're gonna have lot'sa money for beer on Bush's retirment plan, but the fact is his plan reduces social security benefits and the personal investment accounts might return zilch (as in your example). I betcha these same yunguns don't know that the DOW and Nasdaq are both down for the year, and most people have lost money in the stock market. At least if they bought beer, they would have gotten some enjoyment and the recycle 401k plan.
If Bush was smart, he'd be pushing the beer investment plan. It's a sure winner for the yung and the old folks.
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