Thursday, March 26, 2009

Prudent Investing

Retirement Plan Investment Tip:


If you had purchased $1000.00 of AIG stock one year ago, it
would now be worth $56.91.
With Washington Mutual, you would have $4.58 left of the
original $1000.
With 'Fannie Mae'(FNM), you would have $11.34 left.
If you had purchased $1000.00 of Lehman Bros one year ago
it would now be almost worthless; less than $0.86.

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.

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

Make it a Guiness and I am in.

1 comment:

Dave-CostaRicaDailyPhoto.com said...

That is a sad, and funny, commentary on our economy. I guess the homeless people who push shopping carts around picking up aluminum cans are both shrewd commodities traders and have avoided the real estate crash.