Retirement plans compared....
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 $16.50 left and with WorldCom, you would have less than $5.00 left of the original $1,000.
Had you purchased $1000.00 of Delta Air Lines stock you would have $49.00 left and had it been United Airlines, you would have nothing left.
But, if you had purchased $1,000.00 worth of beer one year ago, drank all the beer, then returned the cans for your 5 cent recycling deposit, you would have $214.00.
Based on the above analysis, the best current investment advice is to drink heavily and recycle. This is called the 401-Keg Plan.
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