Following Ernie’s lead on his video posts, I too decided to rely on the writings of some clever unknown individual. The following email joke ended up in my inbox, so be aware I only gave the math and figures a quick glance. This does seem like a typical redneck retirement plan, though:
If you purchased $1000.00 of Nortel stock a while back, it would now be worth $49.00.
With Enron stocks, you would have $16.50 left of your original $1000.00.
With WorldCom stocks, you might have less than $5.00 left.
If you purchased $1000 of Delta Air Lines stock you would have $49.00 left of your investment.
But, if you had purchased $1,000.00 worth of Blue Beaver Beer or cheap wine one year ago, drank all the beer/wine, then turned in the cans/bottles for the aluminium and bottle recycling REFUND, you would have around $45.00 in your hands.
Based on the above, the best current investment advice is to Drink heavily and recycle. This way you get some entertainment value for your money.
I’m pretty sure Ernie and I are heavily invested in this redneck retirement plan already. How about the rest of you?