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New Post 10/16/2008 4:36 PM
User is offline struggling artist
13 posts
9th Level Poster




Better than 401K 

 

I got this in an email from a friend today:

If you had purchased $1,000 of AIG stock one year ago, you would 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 the aluminum recycling REFUND, you
would have had $214.


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


It's called the 401-Keg Plan!
 
 
New Post 11/4/2008 10:08 AM
User is offline host
18 posts
www.lawtoninfo.com
8th Level Poster


Re: Better than 401K 

The following is from http://ibankerjokes.blogspot.com/

A first year investment banking analyst, employed at a relatively modest salary by a Wall Street bank, began conspicuously to lead a rather lavish life, dressing flashily, buying a German sports car, and otherwise giving evidence of sudden wealth.

Finally, the HR manager felt called upon to speak about the matter and asked, "How is it that you, whose salary computes to only $3,000 a week, can spend what must certainly be $5,000 or more dollars a week?"

"Why, it's simple," the investment banking analyst replied unabashed, " there are more than 3,000 employees here and every payday I raffle off my salary at $10 a ticket."

 
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