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tkline01

Retirement Planning

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RETIREMENT PLANNING FOR 2008

If you had purchased $1,000.00 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 $1,000.00.

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

If you had purchased $1,000 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

REFUND, You would have had $214.00.

Based on the above, the best current investment advice is to drink

heavily and recycle.

The plan is called the 401-Keg.

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I seem to recall from the dot-com bust days the concept of the "bud" which is basically as described above. If your stock could buy X amount of Budweiser and now was only worth the recycled cans it was a "bud".

This measure was, of course, inadequate.

So if you took the money from recycling, bought more Bud, and those recycled cans approximated your stock value it was a double-bud.

Among dot-coms that actually survived, triple-buds and worse were not unheard of.

I recall one of our vendors having a price in the upper $100s and within a few months hitting the 30s and dropping.

30s as in $0.30.....

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