View Full Version : The Retirement Plan
SDsalsaguy
08-26-2004, 02:05 PM
The Retirement Plan
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 $1,000.00.
With WorldCom, you would have less than $5.00 left.
But, if you had purchased $1,000.00 worth of Beer one year ago, drunk all the beer, then turned in the cans for the aluminum recycling price, you would have $214.00.
Based on the above, current investment advice is to drink heavily and recycle.
It's called the 401-Keg Plan. :wink:
peachexploration
08-26-2004, 03:01 PM
:lol: :lol: :lol:
The Retirement Plan
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 $1,000.00.
With WorldCom, you would have less than $5.00 left.
But, if you had purchased $1,000.00 worth of Beer one year ago, drunk all the beer, then turned in the cans for the aluminum recycling price, you would have $214.00.
Based on the above, current investment advice is to drink heavily and recycle.
It's called the 401-Keg Plan. :wink:
Or you could have shorted those stocks and bought yourself 50x as much beer afterwards, and still recycle the empties for more than your original $1k!
(talk about getting a beer belly!)
DancePoet
08-26-2004, 07:57 PM
This is awfully familiar.
Let's hope everyone's portfolio is better then either of these options. ;)
SDsalsaguy
08-26-2004, 08:02 PM
Well, my portfolio is one that I can carry around with some of my photos in it... :?
DancePoet
08-26-2004, 08:17 PM
If your "portfolio" is your business, then you are heading in the correct direction. If not, then maybe it should be? I bet you could make a "killing" from your photos.
SDsalsaguy
08-26-2004, 08:20 PM
Last I checked they typically throw you in jail for doing so... besides which, I'm not a violent person by nature.
DancePoet
08-26-2004, 08:30 PM
:) ... ok, I went back and put killing in quotes, and followed by "from your photos". ;)
SDsalsaguy
08-26-2004, 08:49 PM
:) ... ok, I went back and put killing in quotes, and followed by "from your photos. ;)
Oh, well in that case... alas, photography is just something I do on the side. Funny how expensive both my "hobbies" are (photography and dance), huh?
Aside from taking out student loans I actually work as a TA to help pay the bills. I'd love to get a few photo gigs for some (much needed) additional revenue, but A) would need to have a bit more in the way of back up equipment (which = $ I don't have), and B) I don't have the time to pursue any leads... :( :(
thanks for the implicit compliment however! :D
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