Tom Poje Posted July 26, 2002 Posted July 26, 2002 If you had bought $1000.00 worth of Nortel stock one year ago, it would now be worth $49.00. With Enron, you would have $16.50 of the original $1,000.00. With WorldCom, you would have less than $5.00 left. If you had bought $1,000.00 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, then turned in the cans for the 10 cent deposit, you would have $214.00. Based on the above, my current investment advice is to drink lots of Bud and recycle.
Archimage Posted July 26, 2002 Posted July 26, 2002 I wish they would make that an investment election in my company 401k Plan.
Steve72 Posted July 31, 2002 Posted July 31, 2002 It sure would make minimum distributions more painless.
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