On the Lighter Side

A New Retirement Plan:

(Prices are as of 2001)

If you had purchased $1000 of Nortel stock in 2000, one year later it would have been worth $49.

With Enron, you would have $16 left of the original $1,000. With WorldCom, you would have less than $5.00 left.

But if you had purchased $1,000 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.

Current investment advice: drink heavily and recycle.

It's called the 401-Keg Plan.

Will Hepburn, CFP is a private investment manager who specializes in active investment strategies. He owns the Prescott Center for Adaptive Market Strategies, and is President of Hepburn Capital Management, LLC, a Registered Investment Advisor. He may be reached at 2069 Willow Creek Road in Prescott, AZ, or by calling (928) 778-4000 or emailing This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Copyright 2004. Permission to copy granted given the above attribution is included. The information contained in this newsletter is derived from sources believed to be accurate. You should discuss any legal, tax, or financial matters with the appropriate professional. Neither the information presented nor any opinion expressed constitutes a solicitation for purchase or sale or any security.