If you had purchased $1,000.00 of Nortel stock one year ago, it would now be worth $49.00.
With Enron, you would have had $16.50 left of the original $1,000.00.
With WorldCom, you would have had less than $5.00 left.
If you had purchased $1000 of Delta Air Lines stock you would have $49.00 left
But, if you had purchased $1,000.00 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminum recycling REFUND, You would have had $214.00.
Based on the above, the best current investment advice is to drink heavily and recycle.
It's called the 401-Keg Plan.
