RETIREMENT PLAN INVESTMENT TIP

[vdat100]

If you had purchased $1000 of Nortel stock one year ago, it would now be worth $49.

With Enron, you would have $16.50 left of the original $1000.


With WorldCom, you would have less than $5 left.



If you had purchased $1000 of Delta Air Lines stock you would have $49 left.



If you had purchased United Airlines, you would have nothing left.



But, if you had purchased $1000 worth of beer 1 year ago, drank all the beer, then turned in the cans for the aluminum recycling refund you
would have $214.



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

[azsapphire387]

I'm so glad aluminum can recycling became a habit for me in my younger years. I've got a couple friends that only buy glass bottles, but there are a couple of my friends whose whole families consume enough cans of soda and beer that I literally get about $20 a month from each household.

[echoes]

gold & silver are the better of the metal investments...

[spike70]

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

I'll drink to that

[lineback]

If you had purchased $1000 of Nortel stock one year ago, it would now be worth $49.

With Enron, you would have $16.50 left of the original $1000.


With WorldCom, you would have less than $5 left.



If you had purchased $1000 of Delta Air Lines stock you would have $49 left.



If you had purchased United Airlines, you would have nothing left.



But, if you had purchased $1000 worth of beer 1 year ago, drank all the beer, then turned in the cans for the aluminum recycling refund you
would have $214.



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

Unfortunately, I bought the predecessor to Bay Networks that merged with Wellfleet to become Nortel and it's in my IRA. What used to be valued at $90,000 is now worth a few hundred dollars and of course you can't deduct losses in an IRA. When my father died a year ago, I inherited shares in Enron that he was given as a retiree that were once valued at $250,000 and now worthless. So goes investing. Sometime you're the bug and sometimes you're the windshield!

[echoes]

now-a-days most ppl just don't understand the value of hard assets versus paper bullshit.

[rust]

If you had purchased $1000 of Nortel stock one year ago, it would now be worth $49.

With Enron, you would have $16.50 left of the original $1000.


With WorldCom, you would have less than $5 left.



If you had purchased $1000 of Delta Air Lines stock you would have $49 left.



If you had purchased United Airlines, you would have nothing left.



But, if you had purchased $1000 worth of beer 1 year ago, drank all the beer, then turned in the cans for the aluminum recycling refund you
would have $214.



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

Love it ! =D> =D> =D> I suppose that is they mean by liquid assets ? Twenty four hours in a day, twenty four beers in a crate - coincidence? I think not!

[lineback]

But always remember you only rent beer!

[rust]

But always remember you only rent beer!

Quite true, but we must think of the very important part that we are playing in the recycling process. When thought of like this it becomes almost a civic duty!