How to Invest $1,000 in the Stock Market
If I had $1000.00 worth of stock with Enron, I would have $16.50 left of the original $1000.
With WorldCom, I would have less than $5.00 left.
With Delta Air Lines stock I would only have $49.00 left.
If I had purchased United Airlines, I would have nothing left.
If I had purchased WaMu I would probably owe someone money
But, if I had purchased $1000.00 worth of wine one year ago, drank all the wine, then turned in the bottles for the glass recycling for a refund I would have about $200.00.
Based on the above, the best current investment advice is to drink heavily and recycle.
This is called the 401-(V)ino Plan
Gambling, legal or otherwise
It is all a gamble; options, stocks, real-estate, even holding dollars. The dollar value fluctuates against the Euro and other currencies.
Originally Posted by exactlymypoint
Commodities, even gold, price fluctuates. There is a reason there are companies actively advertising on TV trying to sell gold--they don't have much faith in its future and know there is a bubble here.
Oil? Oil futures? A bunch of airlines just lost a bundle by locking themselves into futures contracts for their fuel supplies.
The perpetually unstable value of our currency, and much of everything else around us, makes long term financial planning a fool's game. So, buy that wine, preferably in a designer decanter, and hope that 75 years from now your great grand kid can sell it as an antique on the Antique Road Show. Or, invest in Mustangs like JD does.