Wednesday, October 15, 2008

Maybe You Don't Need a Financial Planner

Someone passed along this sage investment advice to me:

If you had purchased $1,000 of AIG stock one year ago, youwould have $42 left. With Lehman, you would have $6.60 left. With Fannie or Freddie, you would have less than $5 left. But if you had purchased $1,000 worth of beer one year ago,drank all of the beer, then turned in the cans for thealuminum recycling REFUND, you would have had $214.Based on the above, the best current investment advice isto drink heavily and recycle. It's called the 401-Keg.....

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