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Picture of weinerdog
Posted
INVEST TODAY

If you had purchased $1,000 of shares in Delta Airlines one year ago, you would have $49.00 today.

If you had purchased $1,000 of shares in AIG one year ago, you would have $33.00 today.

If you had purchased $1,000 of shares in Lehman Brothers one year ago, you would have $0.00 today.

But, if you had purchased $1,000 worth of beer one year ago, drank all the
beer, then turned in the aluminum cans for recycling refund, you will have
received a $214.00 fee.

Based on the above, the best current investment plan is to drink heavily & recycle. It is called the 401-Keg.

A recent study found that the average American walks about 900 miles a year. Another study found that Americans drink, on average, 22 gallons of alcohol a year.

That means that, on average, Americans get about 41 miles to the gallon!

Makes you proud to be an American!
 
Posts: 2819 | Registered: September 10, 2006Reply With QuoteEdit or Delete MessageReport This Post
Picture of DavidFuzznut
Posted Hide Post
Hahaha! That's great! 401-Keg.

I thought you were going to say that now that stocks are so low we should start buying them up. I'm thinking of getting some stock in a couple of weeks. Market won't correct itself if we don't invest and I know some of those companies aren't going to go bankrupt, so might as well get in now while the stock is cheap.


-----
Purge these days, will we accept the things we must?
The world will now learn of change to come... or no world
 
Posts: 2410 | Location: Kent State University | Registered: October 02, 2006Reply With QuoteEdit or Delete MessageReport This Post
Picture of weinerdog
Posted Hide Post
I've actually heard to wait cause it may get even cheaper.
 
Posts: 2819 | Registered: September 10, 2006Reply With QuoteEdit or Delete MessageReport This Post
Picture of DavidFuzznut
Posted Hide Post
quote:
Originally posted by weinerdog:
I've actually heard to wait cause it may get even cheaper.
Yeah it's going to keep dropping before it gets any better. Plus you never know who won't bounce back.


-----
Purge these days, will we accept the things we must?
The world will now learn of change to come... or no world
 
Posts: 2410 | Location: Kent State University | Registered: October 02, 2006Reply With QuoteEdit or Delete MessageReport This Post
Picture of weinerdog
Posted Hide Post
quote:
Originally posted by DavidFuzznut:
quote:
Originally posted by weinerdog:
I've actually heard to wait cause it may get even cheaper.
Yeah it's going to keep dropping before it gets any better. Plus you never know who won't bounce back.
It makes you wonder if those Belgians who bought Budweiser knew something. Maybe now's the time to invest in alcohol! Big Grin
 
Posts: 2819 | Registered: September 10, 2006Reply With QuoteEdit or Delete MessageReport This Post
Posted Hide Post
Great theory,but I've got a 33 year old V-8.I get about 10 miles to the gallon,so I have to keep filling up.


Hey Fuzznut,seriously though,I invest,and got out in time (though I still have my 401k,and 401keg).I don't think we've hit bottom yet either.I'm waiting to get back in.If you're looking to invest right now,go gold.Just my $.02.
 
Posts: 312 | Registered: September 05, 2006Reply With QuoteEdit or Delete MessageReport This Post
Picture of DON QUIXOTE
Posted Hide Post
Buy in small increments on the way down.

A little today, a little tomorrow, and so on, until it starts going back up, then sell in increments on the way up.

That's what I'd do IF I had money...
 
Posts: 2038 | Location: 10 miles from the next Super Bowl | Registered: September 09, 2006Reply With QuoteEdit or Delete MessageReport This Post
Posted Hide Post
usngunz75 wrote:
quote:
Just my $.02.


Hey can I buy 10,000 shares of your 2 cents? I sense a great deal!
 
Posts: 77 | Registered: September 11, 2006Reply With QuoteEdit or Delete MessageReport This Post
Posted Hide Post
You couldn't afford it buddy
 
Posts: 312 | Registered: September 05, 2006Reply With QuoteEdit or Delete MessageReport This Post
Picture of SnowDawg88
Posted Hide Post
I started my IRA in 2000. When I got in, the market was at about 8400. Last year it was up to 14000. Today it closed at 8579. My earnings are gone and I'm about to start losing my investment. I'm glad I'm relatively young. I feel horrible for my parents.

My wife was about to land a new job and had already told her bosses she intends to leave her current company. A couple days ago the new company initiated a hiring freeze. That pretty much blows. Several states also ordered a hiring freeze. Some are cutting wages, postponing needed construction projects, laying off workers by the hunderds, and STILL having record budget shortfalls. Remember, these are state governments I'm talking about. It's about to get real ugly folks.



-Leading the pack since 1977.
 
Posts: 2960 | Location: Blooming Valley, PA | Registered: September 14, 2007Reply With QuoteEdit or Delete MessageReport This Post
Posted Hide Post
Wow that is all I can say. Wow.

But just wait, we hire a president that will create a war we can actually win, and get us out of the economic doldrums.

NEW WORLD ORDER, search it on Google.
 
Posts: 671 | Location: Outer Banks, North Carolina | Registered: August 20, 2007Reply With QuoteEdit or Delete MessageReport This Post
Picture of browndawg
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I believe Warren Buffett's quote goes something like this..."Be fearful when everyone else is greedy, and be greedy when everyone else if fearful."


"Those who prepare hardest in peace, bleed the least in wrath."
 
Posts: 180 | Location: Believeland | Registered: November 03, 2007Reply With QuoteEdit or Delete MessageReport This Post
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