Thursday, October 09, 2008

Joe Six-Pack's Economic Plan






















Just a little current info to get you through the day.

If you had purchased $1000.00 of Nortel stock one year ago, it would nowbe 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 Air Lines stock you would have$49.00 remaining.

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 the aluminum recyclingrefund, you would have $214.00.

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

2 comments:

AnonymousBlogger said...

I hope people don't see all their stocks tank, and instinctively sell to get some money from them.

If they're willing to hold onto those stocks for a while, they'll bounce back, and they're going to end up making money again.

Some people are going to buy low and make lots of dough off this. Of course, those people are probably rich to begin with.

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