Reply With Quotelessons learned
Retirement Planning:
>
> If you had purchased $1000.00 of Nortel stock one
> year go, it would now be worth $49.00.
>
> With Enron, you would have had $16.50 left of the
> original $1,000.
>
> With WorldCom, you would have had less than $5.00
> 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 REFUND, you would
> have had $214.00.
>
> Based on the above, the best current investment
> advice is to drink heavily and recycle.
>
> It's called the 401-Keg Plan,
lessons learned
Yet if u reduced beer consumption, whick may not be a realistic option, and purchased $100 in Fidelity International stock, you would have over $140 today. Forty percent a year...
Yet if u reduced beer consumption, whick may not be a realistic option, and purchased $100 in Fidelity International stock, you would have over $140 today. Forty percent a year...
some things you cant reduce.......... they are priceless, however with a 40% return thats more beer and more aluminium recycle........ now thats a win win
I'd better start planning now!
CORRECTION: 41.08% as of the market close today, and 6.85% in the LAST 30 DAYS! Not figuring compounding of a stock that makes additional purchases which may have a net of 50% in the past 12 months.
Sonething to think about..and a Russell 2000 index fund is about 33%.
One word, planning.
Planning= no more beer in bottles
About 16 months ago I purchased $20,000 worth of 1 oz. silver coins. Today they are worth $40,000 since silver has doubled in price in that time. Many experts are predicting a major shortage of silver in the world and prices exploding to triple digits. If $100 an oz. ever happens my $20,000 will be worth $275,000!!
Sold some AMGEN stock at $3 a share to buy a Surbuban.
The stock floundered st this price forever.
The stcoks worth today is that the Surburban cost $500.000.
I just wish I had bought some star bucks stock when they 1st went public...~23 month stock price has risen 1738%
Posting Permissions