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 Airlines stock you would have $49.00 left.
If you had purchased United Airlines, you would have nothing left.
If you had purchased Lehman Brothers, you would have nothing left.
If you had purchased Merrill Lynch, you would have $2.00 left.
If you had purchased AIG, you would have $5.00 left.
If you had purchased Washington Mutual, 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 recycling, you would have $214.
Based on the above, the best current investment advice is to drink heavily and recycle.
This is called the 401-Keg Plan
Pillars of the J6P economy: Booze, Cars, Guns and Broads.
“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 Airlines stock you would have $49.00 left.
If you had purchased United Airlines, you would have nothing left.
If you had purchased Lehman Brothers, you would have nothing left.
If you had purchased Merrill Lynch, you would have $2.00 left.
If you had purchased AIG, you would have $5.00 left.
If you had purchased Washington Mutual, 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 recycling, you would have $214.
Based on the above, the best current investment advice is to drink heavily and recycle.
This is called the 401-Keg Plan”
Now who was the first to compute the real Dow?
http://www.google.com/search?hl=en&q=%22There+will+be+no+stock+market+crash%22
Hint: begin by checking the human cattle.