Retirement Plan

Quoted post said:

Originally posted by Cipher
If you had bought $1000.00 of Nortel stock one year ago, it would now be worth $49.00. With Enron, you would have $16.50 of the original $1,000.00. With Worldcom, you would have less than $5.00 left. If you had bought $1,000. Worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, then turned in the cans for the 10 cent Deposit, you would have $214.00. Based on the above, my current investment advice is to drink heavily and Recycle. This is my new retirement program; I call it my 401Keg. 😄

🙄

Glad you are not my broker, $1K a year ago would have bought you 529 shares on NT. Today it would have been worth $5.6K.

Quoted post said:

Originally posted by Charles Schwab
🙄

Glad you are not my broker, $1K a year ago would have bought you 529 shares on NT. Today it would have been worth $5.6K.

Chill Out 'Mr. Schwab' (It was just a joke!). 🙄

My advice is to spend all your money on your bike and enjoy the ride.

Quoted post said:

Originally posted by Cipher
If you had bought $1000.00 of Nortel stock one year ago, it would now be worth $49.00. With Enron, you would have $16.50 of the original $1,000.00. With Worldcom, you would have less than $5.00 left. If you had bought $1,000. Worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, then turned in the cans for the 10 cent Deposit, you would have $214.00. Based on the above, my current investment advice is to drink heavily and Recycle. This is my new retirement program; I call it my 401Keg. 😄

Hah!! Good one!!

Mel

Lol that's funny. I could think of a few people who would get a kick out of that one. It's ridiculous to think that this is probably true though. The recycle people who walk around with the cart will retire with more than the average. Probably they collect as much as they can from assistance. If they put away there recycle money it will be like this.