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 $16.50 left of the original $1,000.00.
With WorldCom, you would have less than $5.00 left.
If you had purchased $1,000.00 of Delta Air Lines stock you would have $44.00 left.
If you had purchased United Airlines, you would have nothing left.
But, if you had purchased $1,000.00 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling refund, you would have $214.00.
Based on the above, the best current investment advice is to drink heavily and recycle.
This is called the 401-Keg Plan...BUT
If you had invested $1000 in Camelot, it would now be worth $1060. We are offering better rates of return on investment than the stock market (and not just these humorous examples*) and can still find ways to make your money useful to us, your friends, and you, the investor.
*Examples may not actually be correct and I am not actually a financial advisor. Current Mood: mischievous