A little humor to start off the week stolen from the forums:
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 $1,000.00.
With WorldCom, you would have less than $5.00 left.
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 price, you would have $54.00.
Based on the above, current Milwaukee investment advice is to drink heavily and recycle.
Which appears to be derived from (or the other way around – can’t seem to figure out whether the email or the website came first) 401 Keg Plan website:
If you had bought $1,000.00 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 MCI/Worldcom, you would have less than $5.00 left.
If you had bought $1,000.00 worth of Miller Genuine Draft (the beer, not the stock) one year ago,
drunk all the beer then turned in the cans for the 10-cent deposit, you would have $214.00.
Based on the above, 401KegPlan.com’s current investment advice is to take that $5.00 you have left over
And drink lots and lots of beer and recycle.
Obviously these were written awhile ago when these stocks were high fliers – Nortel stock was $3.27 a year ago and and $2.14 as of last Friday meaning that $1000 worth of the stock a year ago would be worth $654 today. Still a rather humorous comparison that I bet could be done with other high flying stocks that tank each year…