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  1. #1
    Join Date
    Oct 2003
    Location
    Romsey Victoria
    Age
    63
    Posts
    2,102

    Default Investment advice

    Subject: Investing in your retirement

    If you had purchased $1000.00 of Nortel stock one year ago, it would
    now be worth $49.00.

    With Enron, you would have had $16.50 left of the original $1,000.00.

    With WorldCom, you would have had less than $5.00 left.

    But, if you had purchased $1,000.00 worth of beer one year ago, drank
    all the beer, then turned in the cans for the aluminum recycling REFUND,
    you would have had $214.00.

    Based on the above, current investment advice is to drink heavily and
    recycle.
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  2. #2
    Join Date
    Oct 2005
    Location
    Adelaide
    Posts
    329

    Default

    And if you'd put the money in the bank and paid the tax, you'd have nearly all of it left...

    Beer will get dearer in your retirement, bet the government won't buy it for you.

  3. #3
    Join Date
    Nov 2003
    Location
    Sydney
    Age
    54
    Posts
    891

    Default

    Like my mother used to say “you ate it and it is yours” . In your case “you drank it and it is yours”

    My mother is a wise woman.
    Visit my website at www.myFineWoodWork.com

  4. #4
    Join Date
    Jul 2004
    Location
    Adelaide Hills
    Age
    66
    Posts
    0

    Default

    Quote Originally Posted by Grunt
    Subject:

    But, if you had purchased $1,000.00 worth of beer one year ago, drank
    all the beer, then turned in the cans for the aluminum recycling REFUND,
    you would have had $214.00.

    Based on the above, current investment advice is to drink heavily and
    recycle.
    The $1000 would have been better invested in Fosters Group....capital gain plus fully franked dividends.
    Whatever note you blow youre never more than a semitone away from the correct one....(Miles Davis)

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