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        New Message Board Archives >> 2004 Posts >> Retirement Plan
        
(Message started by: echo on Apr 8^th, 2004, 9:43am)

Title: Retirement Plan
Post by echo on Apr 8^th, 2004, 9:43am

An investment easy to swallow... 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 $16.50 left of the original $1,000.00.
With WorldCom, you would have less than $5.00 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 price, you would have $214.00.

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

It's called the 401-Keg Plan.

Title: Re: Retirement Plan
Post by Pegase on Apr 8^th, 2004, 9:48am

hahahaha...n1... :D ;;D [smiley=laugh.gif]

Pegase

Title: Re: Retirement Plan
Post by floridian on Apr 8^th, 2004, 10:10am

I asked my broker about this, and he said that might work - if I can buy beers for a nickel.

The aluminum scrap in a beer can is worth 1.184 cents (assuming a price of 37 cents per pound, and 31.25 cans per pound of aluminum). To recoup $214 dollars by recycling, you would need to drink approximately 18,000 adult beverages.

Maybe I need to put up ten thousand dollars??

Title: Re: Retirement Plan
Post by Gena on Apr 8^th, 2004, 10:58am

[smiley=beer.gif]

Title: Re: Retirement Plan
Post by echo on Apr 8^th, 2004, 11:05am

[smiley=me&mb.gif]

Title: Re: Retirement Plan
Post by Charlie on Apr 8^th, 2004, 3:22pm

Looks like time-travel is my only option.

Ah the 1950s with Polio, TB, pneumonia, McCarthy witch hunts, Montgomery race riots, Korea, Suez, French Indo-China, (at the time) Castro.

Still, there was the Brooklyn Dodgers and you might want to make a few investments. :o

Charlie

Title: Re: Retirement Plan
Post by Woobie on Apr 9^th, 2004, 3:34pm

on 04/08/04 at 10:10:06, floridian wrote:

I think that the joke is referring to the NICKEL deposit per can we get in Iowa.... i think it's 10 cents in michigan.

I dont think it's referring to selling it for scrap metal. I could be wrong tho - it's happened before

Did you REALLY ask your broker about it?? [smiley=laugh.gif]

LMAO

tina

Title: Re: Retirement Plan
Post by Luke63 on Apr 9^th, 2004, 5:08pm

You're a hell of a mathematician echo!!! Better start investing..Immediately..... [smiley=laugh.gif]

Title: Re: Retirement Plan
Post by floridian on Apr 9^th, 2004, 8:33pm

Quote:

Did you REALLY ask your broker about it??

Nah, got no broker - just a little broke. How could I forgot that some of you get 5 cents a can ... there was a Seinfeld episode about that.

Title: Re: Retirement Plan
Post by Kirk on Apr 11^th, 2004, 3:07am

I'll drink to that

Title: Re: Retirement Plan
Post by Cerberus on Apr 12^th, 2004, 5:42pm

There is no deposit in Illinois for the can return....I think its something like 5 cents a pound here for the aluminum.....gonna have ta drink till I [smiley=hurl.gif] to make a profit. :)

Ramon

Title: Re: Retirement Plan
Post by Gator on Apr 13^th, 2004, 3:07am

In the words of the imortal Tom T. Hall: [smiley=me&mb.gif]

I like beer. It makes me a jolly good fellow.
I like beer. It helps me unwind and sometimes makes me feel mellow.

Whiskey's too rough. Champagne costs too much.
Vodka puts my mouth in gear.

This little refrain may help to explain as a matter of fact
I like beer!

[smiley=beer.gif]Gator
God I feel old. Bad enough to know who Tom T. Hall is, let alone know all the words to his songs.