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Investing in the US stock market?

Xterminator · 2002-07-12 16:26:02

OK If you had bought $1000.00 worth of Nortel stock one year ago, it would now be worth $49.00. With Enron, you would have $16.50 of the original $1,000.00. With Worldcom, you would have less than $5.00 left. If you had bought $1,000.00 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, then…

12-07-2002 4:26pm

#1

Xterminator

Registered Users, Registered Users 2 Posts: 4,782 ✭✭✭

Join Date: January 2001

Posts: 4518

OK

If you had bought $1000.00 worth of Nortel stock one year ago, it
would now be worth $49.00.

With Enron, you would have $16.50 of the original $1,000.00.

With Worldcom, you would have less than $5.00 left.

If you had bought $1,000.00 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, then turned in the cans for the 10 cent deposit, you would have $214.00.

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

X

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