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.
With Enron, you would have $16.50 of the original $1,000.00.
With 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, 401KegPlan.com'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.