We all know that we should be putting money aside for a rainy day and retirement, right?
And we've been told that the stock market is a good place to get a good return on our investment, right? With that in mind, let's look at a few numbers.
Let's say you invested in the following stocks 1 year ago, what would they now be worth?
| Company | Original Investment | Current Value |
|---|---|---|
| Nortel | $1,000 | $49 |
| Enron | $1,000 | $16.50 |
| WorldCom | $1,000 | <$5 |
| Lucent | $1,000 | $3.50 |
But, if you had used your $1,000.00 to buy beer one year ago, then drank all the beer, then turned the aluminum cans in for recycling, you would have had $214 left!
(Source: ForgetFoo)