The new 401K ( Archived) (3)

Sep 29, 2008 9:52 PM CST The new 401K
JimNastics
JimNasticsJimNasticsKingston, New Jersey USA116 Threads 1 Polls 731 Posts
Given how the stock market has been responding lately,
I figure some people may enjoy this one;

If you had purchased $1000.00 of Nortel stock one year ago,
it would now be worth about $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 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 the aluminum recycling refund you would have $214.00. applause

Based on the above, the best current investment advice is to drink heavily and recycle. This is called the 401-Keg Plan. beer

Happy investing ! wave
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Sep 29, 2008 9:59 PM CST The new 401K
gentlepaws
gentlepawsgentlepawsAny town, Ontario Canada1,019 Threads 13 Polls 9,583 Posts
Or every time that you have a drink at home, put $4.00 in a container, which is still cheaper than bar prices. You'd be surprised how much $ there'd be in that bowl at the end of a year.
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Sep 29, 2008 10:03 PM CST The new 401K
desmond
desmonddesmondkissimmee, Florida USA375 Threads 10,888 Posts
Jim thank for the info I will that my new 401K now opening up my first beer laugh laugh thumbs up
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