Monday, August 12, 2002

Investment Advice

A friend writes:

If you had bought $1,000.00 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 of it and turned in each can for the 10 cent deposit, you'd have $214.00.

Based on the above, my current investment advice is to drink heavily and recycle.