Joe Veler
“I just try to concentrate on concentrating.”
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401-Keg Plan
Posted on September 26th, 2008 No commentsRetirement plans have been run amuck a bit lately with all the economic crises going on…. here’s an interesting take:
- 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 Airlines stock you would have $49.00 left.
- If you had purchased United Airlines, you would have nothing left.
BUT
- But, if you had purchased $1000.00 worth of beer one year ago, drank all the beer, then turned in the cans for recycling, you would have $214.
Conclusion:
The best current investment advice is to drink heavily and recycle.
This is called the 401-Keg Plan.
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