OT OT -- Tax and investments

OT OT -- Tax and investments

Post by L » Thu, 06 Mar 2008 06:07:05



I found this on a message board, from clicking a link from MSN money. Enjoy.

RETIREMENT PLANNING FOR 2008

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 $1000.00.

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

If you had purchased $1000 of Delta Air Lines stock you would have $49.00
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, you would have
had $214.00.

So, based on the above, the best current investment advice is to drink
heavily and recycle.

It's called the 401-KEG Plan.

 
 
 

OT OT -- Tax and investments

Post by Polly Esthe » Fri, 07 Mar 2008 02:01:23


I printed this to take to our tax man along with the statement that we have
some stock now worth 15 per share.  My little savings account at the bank,
we call it my 'mad money', earned $ 1.43 last year in interest.  Yes,
indeed.  We need a KEG plan.  Polly


Quote:
>I found this on a message board, from clicking a link from MSN money.
>Enjoy.

> RETIREMENT PLANNING FOR 2008

> 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 $1000.00.

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

> If you had purchased $1000 of Delta Air Lines stock you would have $49.00
> 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, you would
> have had $214.00.

> So, based on the above, the best current investment advice is to drink
> heavily and recycle.

> It's called the 401-KEG Plan.