Look On The Bright Side, There Were Worst Investments Than Real Estate This Year!Got this in my email box this morning and couldn’t help but giggle. I’ve written about depreciation in the housing market, job layoffs, people being stuck in houses they can’t afford, facing foreclosure, but at the end of the day…

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.

Tags: , , , , , ,

Check Out Some Related Posts

RSS feed | Trackback URI

Comments »

No comments yet.

Name (required)
E-mail (required - never shown publicly)
URI
Your Comment (smaller size | larger size)
**If you haven't posted before, your comment may require approval before it's displayed**
You may use <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong> in your comment.