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