Escape Artists

The Lounge at the End of the Universe => Gallimaufry => Topic started by: lowky on February 18, 2010, 02:49:24 PM

Title: Australian Investment Advice
Post by: lowky on February 18, 2010, 02:49:24 PM
As seen elsewhere

Quote
Australian Investment Advice

In 2001, if you had bought $1,000 of One-Tel stock, it would now be worth about $9 to you as an unsecured creditor if you are lucky.

In 2002, if you had bought HIH stock, you would have about $6.50 left of the original $1,000 investment.

In 2003, if you had gone overseas and bought ENRON, you would have less than $5 left.

But, If you had purchased $1,000 worth of beer in early 2009 - one year ago, drank all the beer, then turned the aluminum cans in for the recycling price, you would have $24!

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