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  1. TopTop #1
    Sara S's Avatar
    Sara S
    Auntie Wacco

    Current thinking on the market

    If you had purchased $1000.00 of Nortel stock one year
    ago, it would now be worth $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.

    Based on the above, the best current investment advice is
    to drink heavily
    and recycle.

    This is called the 401-Keg Plan.

    Please consider the environment before printing this e-mail
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  2. TopTop #2
    Zeno Swijtink's Avatar
    Zeno Swijtink
     

    Re: Current thinking on the market

    A good joke but are the numbers correct? 60 cents a pound for aluminum cans is a good deal. So $214 would require over 350 pounds of the metal. If we accept that 34 beer cans make a pound of aluminum $1000 would buy us 11900 cans of beer, that is less than ten cent for a can of beer.

    Where do you buy your beer?


    Quote Posted in reply to the post by Sara S: View Post
    If you had purchased $1000.00 of Nortel stock one year
    ago, it would now be worth $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.

    Based on the above, the best current investment advice is
    to drink heavily
    and recycle.

    This is called the 401-Keg Plan.

    Please consider the environment before printing this e-mail
    | Login or Register (free) to reply publicly or privately   Email

  3. TopTop #3
    RichT
     

    Re: Current thinking on the market

    Quote Posted in reply to the post by Zeno Swijtink: View Post
    A good joke but are the numbers correct? 60 cents a pound for aluminum cans is a good deal. So $214 would require over 350 pounds of the metal. If we accept that 34 beer cans make a pound of aluminum $1000 would buy us 11900 cans of beer, that is less than ten cent for a can of beer.

    Where do you buy your beer?
    You can find some pretty cheap beer in the South (Red, White & Blue, Lone Star). I would not call it an investment, though.
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