MOBILEMERCMAN
Founding Member / Competitor
I friend shared this with me:
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 $120.36 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.
If you had purchased RH Donelley, you would have $45.69 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.
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 $120.36 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.
If you had purchased RH Donelley, you would have $45.69 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.
