Wednesday, October 15, 2008

We have come to the point of the candidates promising practically anything and everything to anyone who could possibly vote: vote-buying at it's grossest. I teach CCD tonight, but should be able to catch most of the debate on the radio on the way home, (or we could say the rosary...)

I am sure this has appeared everywhere already, but I received it in an email from my sister-in-law last night and realized it contains honest-to-goodness simple living philosophy-which comes close to my investment profile for the last few years, and thus reproduce it here:

If you had purchased $1,000.00 of Delta Air Lines stock one year ago, you would have $49.00 left.

With Enron, you'd have had $16.50 left of the original $1,000.00.

With WorldCom, you'd have had less than $5.00 left.

But...if you had purchased $1,000.00 worth of beer one year ago, drank all the beer and then turned in the cans for the aluminum recycling REFUND, you'd have $214.00.

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

Oremus pro invicem!

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