Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

Investment advice

Reply
Not applicable
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 Budweiser (the beer, not the stock) one year ago, drank all the beer, then turned in the cans for the 10 cent deposit, you would have $214.00. Based on the above, my current investment advice is to drink heavily and recycle.
0 Kudos
3 REPLIES 3
bangbul
Regular Contributor
lol & you don't have to worry about retirement, your liver won't last anyway.
0 Kudos
samoa
Super Contributor
LOL.And your exit strategy will be?
0 Kudos
Not applicable
I am a long term investor - so its a buy, hold, evaluate & then sell policy. Maybe a hold on the tins & stockpile if the price of aluminum is rising... Sure beats this market right now :)
0 Kudos