Look On The Bright Side, There Were Worse Investments Than Real Estate This Year!
August 25th, 2022 by MG
Things could be worse!
If you had purchased $1000 of Nortel stock one year ago, it would now be worth $49.
With Enron, you would have had $16.50 left of the original $1000.
With WorldCom, you would have had less than $5.00 left.
If you had purchased $1000 of Delta Air Lines stock you would have $49.00 left.
But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling REFUND, you would have had $214.
Based on the above, the best current investment advice is to drink heavily and recycle.
It’s called the 401-Keg Plan.
Check Out Some Related Posts
- Can You Remember How Many Homes You Own? How About How Many Homes You Have That Are Going Through Foreclosure?
- So… Does The World Even Need Realtors Anymore?
- Arizona Breaks Into The Top 3 Foreclosure States
- Who Is Countrywide, Why Are They In Trouble – What Went Wrong And What’s Next
- In July Almost As Many Homes Went Into Foreclosure As Were Sold – Is Arizona’s Economy About To Take A Major Hit?
- Mortgage Lending Evolves: PMI Now Becomes Deductible As Well
- If You Bunched All The Foreclosed Homes Fannie Mae Has Taken Over It Would Be A ‘Top 100′ Municipality Bigger Than Dayton, Ohio And Almost Bigger Than Richmond, Virginia
- On The Lighter Side: A Few Old School Investment Strategies
- 5 Signs That The Worst Is Yet To Come With The Housing Bubble
- The Housing Bubble Also Hurts The People That CAN Make Their Payments – Especially Condo Owners
No comments yet.