New 401K Plan
Posted: Sun Aug 27, 2006 10:55 am
If you had purchased $1,000 worth of Nortel stock three years ago, it would now be worth $49.
If you had purchased $1,000 worth of Enron three years ago, it would be worth $16.50.
If you had purchased $1,000 worth of WorldCom three years ago, it would be worth less than $5.
However, had you purchased $1000 worth of beer years ago, drank all the beer, then turned in the
empty cans for aluminum recycling, you would have $614.
Based on the above, the best currently available investment advice for retirement planning is to drink a lot of beer and recycle.
This is known as the 401Keg plan
If you had purchased $1,000 worth of Enron three years ago, it would be worth $16.50.
If you had purchased $1,000 worth of WorldCom three years ago, it would be worth less than $5.
However, had you purchased $1000 worth of beer years ago, drank all the beer, then turned in the
empty cans for aluminum recycling, you would have $614.
Based on the above, the best currently available investment advice for retirement planning is to drink a lot of beer and recycle.
This is known as the 401Keg plan