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The Economy and what to do... :: Archived
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Joined: Jan 20, 2005
Posts: 6944
Location: Central Illinois, USA
PostPosted: Sat Oct 11, 2008 9:11 am
Post subject: The Economy and what to do...


Since the economy is uncertain at best, here's something to consider... Wink

If you had purchased $1,000.00 of Nortel stock one year ago, it would now be worth $49.00.

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

If you purchased Delta Airline stock you would have $48.00 left.

If you purchased United Airlines, you would have nothing left.

But, if you purchased $1,000.00 worth of beer one year ago, drank all the beer, then turned the cans for aluminum recycling refund, you would have $214.00.

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

This is called...


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Forum Tree-Rat

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Joined: Mar 06, 2005
Posts: 6404
Location: 3rd Branch up, 'Ye Olde Oak', Green Wood.
PostPosted: Sat Oct 11, 2008 10:09 am
Post subject: Re: The Economy and what to do...

I've arranged to make some quick investments in some of the U.K. Banks stock on Monday morning. Not all, just two I feel are more protected than the others but have still taken a beating this year.

If they go up, although it may take some time yet, there will be a considerable return on the investment.

If things continue to get worse, recession will be the last of my worries. With the amount of capital being guranteed by governments around the world, currencies could begin devaluing and any cash lying around won't be worth diddly anyway.

Fingers crossed.

*tosses coin


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Power User

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Joined: Mar 12, 2005
Posts: 1519
Location: Los Angeles
PostPosted: Sat Oct 11, 2008 9:27 pm
Post subject: Re: The Economy and what to do...

Or, if you would have bought $1000 worth of Anheuser-Busch stock (BUD) a year ago it would be worth $1106 today. Wink

Like I've always said, you can't go wrong with Beer.

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Power User

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Joined: Jan 29, 2006
Posts: 778
Location: Alabama, USA
PostPosted: Mon Oct 13, 2008 10:19 am
Post subject: Re: The Economy and what to do...

Buy guns and ammo. Always a good investment. Great for shootin them pesky tree rats to eat for supper too! Twisted Evil
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