DOW is down almost 700, again. And...

... I just have to post this. Especially when almost everything (besides devaluation of the safe currency) has already been done.

If you had bought $1,000.00 of Nortel stock one year ago, it would now be worth $49.00.

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

MCI/Worldcom, you would have less than $5.00 left.

If you had bought $1,000.00 worth of
Miller Genuine Draft (the beer, not the stock) one year ago, drunk all the beer then turned in the cans for the 10-cent deposit, you would have $214.00.

Based on the above,'s current investment advice is to take that $5.00 you have left over and
drink lots and lots of beer and recycle.


We are going over the edge. We as a world economy.

And yea, I opened a keg of Guinness.

Categories:  Personal
Thursday, October 9, 2008 9:29:37 PM (Central Europe Standard Time, UTC+01:00)  #    Comments


Friday, October 10, 2008 6:58:56 AM (Central Europe Standard Time, UTC+01:00)
It could be worse. Imagine living in Islandia these days.
Monday, October 20, 2008 8:00:36 AM (Central Europe Standard Time, UTC+01:00)
solution ?
Monday, October 20, 2008 8:53:07 AM (Central Europe Standard Time, UTC+01:00)
If you're long, and don't need the money, stand still. If you're short, stay that way. :)
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