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Best Tech Stock Advise Ever

Written By Abe Olandres
Published • December 3rd, 2005
[ Daily Dose ]
1

Some words of wisdom from Stanch.

If you had purchased $1000.00PHP 58,686INR 84,750EUR 952CNY 7,278 of Nortel stock one year ago, it would now be worth $49.00PHP 2,876INR 4,153EUR 47CNY 357.
With Enron, you would have $16.50PHP 968INR 1,398EUR 16CNY 120 left of the original $1,000.00PHP 58,686INR 84,750EUR 952CNY 7,278.
With WorldCom, you would have less than $5.00PHP 293INR 424EUR 5CNY 36 left.
But, if you had purchased $1,000.00PHP 58,686INR 84,750EUR 952CNY 7,278 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling price, you would have $214.00PHP 12,559INR 18,136EUR 204CNY 1,558.

Based on the above, current investment advice is to drink heavily and recycle.

It’s called the 401-Keg Plan.

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Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

https://www.yugatech.com

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One Comment

kzap says:

19 years ago

If you bought Google and sold you would be a rich bastard by now :)
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