Saturday, October 18, 2008

401-Keg Investment Plan

I'm sensitive to incredible losses people are taking but laughter is often some of tbe best medicine. So, take a few minutes to laugh at a timely joke.

Based on the current financial crisis, perhaps everyone needs to reconsider their investment strategies. Retirement plans compared...

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

This is called the 401-Keg Plan. (If you live outside of the US, a 401-K is an employer sponsored investment vehicle.)
posted by TimingLogic at 10:27 AM