Our new investment advice!

This is a discussion on Our new investment advice! within the Psychology, Risk & Money Management forums, part of the Methods category; Just got this e-mail "If you had bought £1000.00 worth of Nortel stock one year ago, it would now be ...

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Old Jul 17, 2002, 3:18pm   #1
Joined Jun 2002
Our new investment advice!

Just got this e-mail


"If you had bought £1000.00 worth of Nortel stock one year ago, it would now be worth £49.00.

With Enron, you would have £16.50 of the original £1,000.00.

With Worldcom, you would have less than £5.00 left.

If you had bought £1,000.00 worth of Stella one year ago, drank all the beer, then turned in the bottles for a 5p deposit, you would now have £107.00.

Based on the above, current investment advice is to drink heavily and recycle."
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Old Jul 17, 2002, 7:24pm   #2
 
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That's the best bit of investment advice anyone is gonna get for a long time
It's free, it's unbiased,100% true and the proposer is a tee totaller so no chance of an inside job.
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The views expressed here are my personal views and for your information only. Any expression of likely movement of a share is merely guesswork and is to be treated as such.This information must NOT be used as a basis for making any investment decision.
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Old Jul 17, 2002, 9:36pm   #3
 
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Who on earth works this stuff out , and what happens if you drink Wine, surely you get more for a bottle.
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Old Jul 18, 2002, 8:41am   #4
Joined Jun 2002
dc10 started this thread Errm ... revising the "model" somewhat...

£107.00 at 5p per bottle implies 2140 bottles of stella for £1000, or 46.73p per stella.

If you had bought £1,000.00 worth of Stella one year ago, sold it to the dodgy folks at my late night "off license" at their asking price of £2 per bottle you could have made £3280.

Based on the aboce, current investment advice is to open a late night "off license".
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Old Jul 20, 2002, 3:52pm   #5
 
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Mmmmm, beer ......
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