Retirement Plan Investment Tip:
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 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.
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*GROAN* I like this, though. At least someone isn't lamenting and popping Paxils. It's hard to get into a conversation that isn't about either the stock market, the election, the cost of the upcoming winter or what prescription drugs are making it all go away. The election is starting to look a little brighter, at least.
"Immersion in the life of the world, a willingness to be inhabited by and to speak for others, including those beyond the realm of the human, these are the practices not just of the bodhisattva but of the writer." --Jane Hirshfield
Tuesday, October 7, 2008
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