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. BUT... If you had bought $1,000.00 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, then turned in the cans for the 10 cent deposit, you would now have $214.00. Based on the above, my current investment advice is to drink heavily and recycle!
This email seems to make it around every time there is a bear market. I've seen this thing circulating for years. Time to go buy some Bud-wei-ser!
