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Recent stock advice ...

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Old 07-23-2002, 12:59 PM
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Default Recent stock advice ...

Thought I'd pass this on to you high flyers!!!!

If you had bought $1000.00 worth of Nortel stock one year ago, it would now be worth $49.00. With Enron, you would have $16.50 of the original $1,000.00. With Worldcom, you would have less than $5.00 left.

If you had bought $1,000.00 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, then turned in the cans for the 10 cent deposit, you would have $214.00.

Based on the above, my current investment advice is to drink heavily and recycle.
Old 07-23-2002, 01:05 PM
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one way to look at it Bob
Old 07-23-2002, 01:14 PM
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Default In other words, it pays to keep your assets liquid....>

sorry, couldn't help myself.....it was too easy :-))
Old 07-23-2002, 04:41 PM
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;-) good one
Old 07-23-2002, 05:34 PM
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Very insightful.
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