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My Best Investment Advice
Topic Started: Apr 2 2016, 02:26 AM (188 Views)
Brewster
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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
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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
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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
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Do we now have an inside track to why Nortel is devastated? lol
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Thumper
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I see neut is about as confused as a baby in a topless bar.
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Neutral
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You brought up those two working for Nortel, not me.
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