Friday, March 24, 2006

Retirement

INVESTING FOR YOUR RETIREMENT:

If you had purchased $1000.00 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.

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, current investment advice is to drink heavily and recycle.

I call it the: 401-Keg Plan

12 Comments:

Blogger nelle Opined...

Brilliant planning!! Sounds much more fun as well...

March 24, 2006 11:08 AM  
Blogger Jinsane Opined...

EJ: You said it girlie!!!

March 24, 2006 11:17 AM  
Blogger TwistedPain Opined...

Nice, um can we do a Mostly-nekkid Friday????

March 24, 2006 11:42 AM  
Blogger Jinsane Opined...

Twisty: Down boy! Down! J/K - I'd run out of pictures real fast if I did that! You just have to be patient! LOL ;o)

March 24, 2006 11:44 AM  
Blogger SquirmsteR Opined...

I agree with Ellen Jay....screw the 401-k - bring on the booze!!

March 24, 2006 12:21 PM  
Blogger Ellen Opined...

I have friends who were wiped clean on the Enron stock... so sad!

I had another friend who had a friend that worked for Enron, quit, then went to work for Worldcom. After the Worldcom fiasco, he doubted that he would ever get a job anywhere based on his resume. (He was like the kiss of death to any company due to his record... although none of it was his fault.)

401-keg at least sounds like a lot more fun, if nothing else. Investing is so risky. I spoke with my broker the other day, and told him to keep me in the slow growing stuff... I had a better chance of seeing it IF I ever retired. He said that my stocks have grwon 10% over what he expected, even though the market wasn't doing so good. I was one of the luckier ones. (Yay!!)

March 24, 2006 12:55 PM  
Blogger Jinsane Opined...

Squirm: LOL

Ellen: You are soooo right! Investing scares the hell out of me. Even though my personality is extremely risk-taking...I invest much more conservatively. ;o)

March 24, 2006 1:35 PM  
Blogger Scott Opined...

Love the plan! I think I may start on that this evening.

Thanks for stopping by my blog. I appreciate the comment.

Look for my Friday question day... it requires reader response.

Cheers,

Scott

March 24, 2006 1:40 PM  
Blogger Neo Opined...

Jen - I'll drink to that!

Cheers!

Have a great weekend.

Peace & Hugs,

- Neo

March 24, 2006 6:32 PM  
Blogger SkyeBlue2U Opined...

My kind of plan.

March 25, 2006 2:18 AM  
Blogger Snaggle Tooth Opined...

Ya know, investing in beer companies doesn't sound like a bad suggestion at all!

Wonder what Budweiser's doin lately...

March 26, 2006 1:25 AM  
Blogger Jinsane Opined...

Scott: Thanks for stopping by. I'll definitely check it out!

Neo: Drink one for me!

Sag Sis: LOL

Snags: I'm sure they're doing pretty good. That's the only beer I drink, so maybe I should invest! ;o)

March 27, 2006 10:06 AM  

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