If you had purchased $1,000 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.
With WorldCom, you would have less than $5 left.
If you had purchased $1,000 of Delta Air Lines stock you would have $49 left.
With United Airlines, you would have nothing left.
If you had purchased $1000 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling refund 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.
(Editor’s Note: Yes, I do have my flashes of brilliant hilarity but this was not one of them. My mom emailed this to me hahaha.)