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got this fwd'ed to me and thought you guys might want to have a look at some retirement tips:






Retirement Planning



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 $1000.00.

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

If you had purchased $1000 of Delta Air Lines stock you would have $49.00 left.

But, if you had purchased $1,000.00 worth of beer/wine one year ago, drank all the beer/wine, then turned in the cans/bottles for the recycling REFUND, you would have had $214.00.

Based on the above, the best current investment advice is to Drink heavily and recycle.

Looks like that was written in 2001 or so...

(11-19-2008 09:13 AM)wobblycat Wrote: [ -> ]Looks like that was written in 2001 or so...

Yep, but even today:

NT (Nortel) 17.42 (11/19/07) -> 0.54 (today) $1000 then, $30.78 now
DAL (Delta) 19.01 (11/19/07)-> 7.25 (today) $1000 then, $381.37 now

if you would've bought Exxon (XOM)

buy: October 2002: 33.66
sell: May 2008: 88.76

I think then that short period would've been one of the best investments.

can't give you figures never got into stock market jargon.

If you spent $399 on Apple stock instead of an iPod in 2001, it'd be worth $10,000

(11-19-2008 11:55 AM)Lightcycle Wrote: [ -> ]Yep, but even today:

NT (Nortel) 17.42 (11/19/07) -> 0.54 (today) $1000 then, $30.78 now

. . .and even further, RBC's target price for NT: $0.00.

If you had bought $1000 worth of platinum in Nov 2001 ($420/oz) and sold it in March 2008 ($2280/oz) you would have made $4428 after expenses of initial investment were recouped.

$1000 of gold in May 2001 ($260/oz) and sold it in March 2008 ($1010/oz) you would have made $2884 after expenses of initial investment were recouped.

If you bought $1000 worth of Rhodium in Dec 2003 ($444/oz) and sold it in June 2008 ($9745/oz) you would have made $20948 after expenses of initial investment were recouped. (Please note this mades Apple stock look like a leathered up gimp who needs punishment).

The moral of the story is: screw stocks, buy metal.

(11-20-2008 04:30 PM)matt90210 Wrote: [ -> ]The moral of the story is: screw stocks, buy metal.

I have. But the metal I buy is attached to rubber wheels and engines and stuff, and it all it does is depreciate. WTF?

Though not as bad as the markets lately. Another bloodbath today. FRCK.

whoo hoo another loosing stock day.

(11-20-2008 04:41 PM)Lightcycle Wrote: [ -> ]

(11-20-2008 04:30 PM)matt90210 Wrote: [ -> ]The moral of the story is: screw stocks, buy metal.

I have. But the metal I buy is attached to rubber wheels and engines and stuff, and it all it does is depreciate. WTF?

Though not as bad as the markets lately. Another bloodbath today. FRCK.

hahaha same thing