A little mid-day humor. If your 401 looks like mine, you could probably use it.
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RETIREMENT PLAN INVESTMENT TIP
If you had purchased $1000.00 of Fannie Mae one year ago, it would now be worth $31.00.
With Freddie Mac, you would have $37.25 left of the original $1000.
With Lehman Brothers, you would have less than $5.00 left.
If you had purchased $1000.00 of AIG stock you would have $44.00 left.
If you had purchased Bear Stearns, you would have nothing left
But, if you had purchased $1000.00 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling refund you would have $214.00. Based on the above, the best current investment advice is to drink heavily and recycle.
This is called the 401-Keg Plan.
Tuesday, October 7, 2008
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2 comments:
If you invested $1000 in roulette and kept betting red you would have $490 on average.
Or if you invested in a 3% CD you would have $1030.
Well, shared this with some friends and the verdict is in. We should start buying some beer....
Thanks for some levity.
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