View Full Version : Speaking of 401K's...

10-02-2008, 03:20 PM
If you purchased $1,000.00 of Delta Air Lines stock one year ago you would have $49.00 left.

With Enron, you would have had $16.00 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 of the beer, then turned in the cans for the aluminum recycling REFUND, you would have $214.00 cash.

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

It's called the 401-Keg.

A recent study found the average American walks about 900 miles a year.

Another study found Americans drink, on the average, 22 gallons of alcohol a year.
That means, on average, Americans get about 41 miles to the gallon.

Makes You Proud To Be An American!

10-02-2008, 07:17 PM
Math no one can argue with :laughing4:.

Medsen Fey
10-02-2008, 07:37 PM
That's the best ingestment advice I've gotten this year - Thanks! :tongue3:

10-02-2008, 09:21 PM
Hey, not only am I MPG-efficient, I'm making good investments by making mead!! Gosh knows its doing better than our 401K.....LOL

10-03-2008, 01:17 AM
I put my entire 401K into a stable asset fund about 8 months ago, one fund that I sold at $13.64 a share is now trading at $10.81, I have been making weekly buys with my contributions as the price declines, but the majority of my $$$ is in tact... waiting for the economy to stabilize before I move back in. Sell High/Buy Low ~ I'm looking at about 20-25% more shares if I jump back into the funds I sold. :laughing7: I expect it to drop further in the coming year (yes even if the bailout passes).

But hey, what do I know... I've been listening to Ron Paul, Peter Schiff, and Mike Shedlock for the last year. ;)

Jered Talbot