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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, then turned in the cans/bottles for the aluminum recycling refund,you would have had $214.00.



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

 

Haha. Sounds a little like my experience with AMD stock. Okay, not quite that bad.



The more I play with the market, the more I'm convinced that my parents were right--put your money in the bank in Certificates of Deposit. It might not earn a whole lot of interest, but it's not going to be worthless either.



I've done okay with stocks, but there always seems to be a big stinker that offsets your winners.

 

$1000 of Google a year ago.....

 

I actually made money off of my Delta stock...



not many else though.

 

About 2 years ago my parents turned in their beer/soda cans from the previous 2 years. They'd been crushing/bagging them and putting them in the garage... This included my alcoholic brothers cans.



They got refunded like 1300 ******* dollars. It was like 4 vans full of crushed cans.



And they didn't even buy beer with it the bastids - the bought a goddamn countertop.

 

ive been riding the google wave since a little after the stock was released, cant wait to cash out. im so broke right now ive been considering it.



kevin.

 

If I could get back all the money I've blown at casinos and on booze - I'd ******* buy the internet.

 

damn, phins you saved my day. after this post i went and cashed out my google **** figuring, hey now that i said that thought out loud watch the stock go down to a dollar, couple days later boom google experiences it first real decline in price, woo me.



kevin.

 

I had a fun few years. Bought Ford stock when it was 7 a share and sold at 14.



Then dropped most of that into Sprint before it launched its 2 way radio capacity knowing it was coming again at 7. Nextel bought it up and it went to 24 overnight.



Cashed out wayyyyyy up and happpyyy got greedy and bought into a risky "hot tip" at 8 a share and its now hovering a 1.



Now I sit on it.



I had a friend invest in Valero oil and Exxon the same time I bought my Ford stock about 3 years ago. His money has more than tripled and is still rising.





My next investment is Big Oil Companies.