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If you had purchased $1000.00 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 $1000.00.
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/wine one year ago, drank all the beer/wine, then turned-in the cans/bottles 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.
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Brother Gallagher I hear you 