If you had purchased $1,000.00 of Nortel stock three years go, it would now be worth $49.00.
With Enron, you would have had $16.50 left of the original $1,000.00.
With WorldCom, you would have had less than $5.00 left.
But, if you had purchased $1,000.00 worth of beer three years ago, drank all the beer, then turned in the cans for the aluminum recycling
REFUND, you would have had $614.00.
Based on the above, the best current investment advice is to drink heavily and recycle.
It is called the 401-Keg Plan.
Advise your friends and clients accordingly.
