Robert McGregor
07-28-2005, 10:33 PM
If you had purchased $1000.00 of Nortel stock one year ago, it would
now be worth $49.00.
With Enron, you would have $16.50 left of the original $1,000.00.
With World Com, you would have less than $5.00 left.
But, if you had purchased $1,000.00 worth of O'Douls (the NA beer,
not the stock) one year ago, drank all the beer, then turned in the
cans for the aluminium recycling price, you would have $214.00.
Based on the above, current investment advice is to drink O'Douls and
recycle.
It's called the Rule 63 Plan.
Bob
now be worth $49.00.
With Enron, you would have $16.50 left of the original $1,000.00.
With World Com, you would have less than $5.00 left.
But, if you had purchased $1,000.00 worth of O'Douls (the NA beer,
not the stock) one year ago, drank all the beer, then turned in the
cans for the aluminium recycling price, you would have $214.00.
Based on the above, current investment advice is to drink O'Douls and
recycle.
It's called the Rule 63 Plan.
Bob