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| My Best Investment Advice | |
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| Tweet Topic Started: Apr 2 2016, 02:26 AM (188 Views) | |
| Brewster | Apr 2 2016, 02:26 AM Post #1 |
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Fire & Ice Senior Diplomat
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Retirement Planning: 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 wine one year ago, drunk all of the wine, then turned in the bottles for the recycling REFUND. you would have had $214.00. Based on the above, the best current investment advice I can give is to drink heavily and recycle. |
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| Thumper | Apr 2 2016, 02:52 AM Post #2 |
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Fire & Ice Senior Diplomat
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Wow, there are approx a half a billion of Nortel outstanding shares. Current value is less than 19 cents. Ouch. Didn't you and telco work for Nortel? |
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| Brewster | Apr 2 2016, 03:06 AM Post #3 |
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Fire & Ice Senior Diplomat
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Nope, we worked for TELUS, one of many telephone companies that USED TO use Nortel products. |
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| Neutral | Apr 2 2016, 03:23 AM Post #4 |
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Fire & Ice Senior Diplomat
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Do we now have an inside track to why Nortel is devastated? lol |
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| Thumper | Apr 2 2016, 11:15 AM Post #5 |
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Fire & Ice Senior Diplomat
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I see neut is about as confused as a baby in a topless bar. |
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| Neutral | Apr 2 2016, 11:16 AM Post #6 |
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Fire & Ice Senior Diplomat
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You brought up those two working for Nortel, not me. |
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