Sunday, January 16, 2011

Sound Financial Advise

At dinners and other occasions we've been serving wine from Tenuta Tre Cancelli, a vineyard that I visited back in November on a day long tour of vine producers here in the Lazio region. This one particular vintner struck me as having a very good white, a fine rose and an exceptional red. So I ordered a case of each. So far my initial judgment has proved right they are very fine wines at reasonable prices. And according to a financial plan sent me by my old friend Charlie it looks like this may be prove to be a wise investment move.

Charlie tells me that:

If I had purchased $1000.00 of Nortel stock one year ago, it would now be worth $49.00.

With Enron, I would have had $16.50 left of the original $1000.00.

With WorldCom, I would have had less than $5.00 left.

If I had purchased $1000 of Delta Air Lines stock I would have $49.00 left.

But, if I had purchased $1,000.00 worth of wine one year ago, drank all the
wine, then turned in the bottles for the recycling REFUND, I would have had $214.00.

Based on the above, the best current investment advice is to Drink heavily and recycle.

Now that's financial planning I like! Charlie you have a second career ahead of you - or is this a third or fourth I don't remember?

16 gennaio - San Furseo
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Anonymous said...

And no income tax implications! Good luck with maintaining your drinking - er I mean your financial planning - strategies for 2011.

Debra She Who Seeks said...

Best financial advice I've heard in a long time!


I think I shouldn't have quit drinking..can you imagine how much money I would have made recycling them beer cans?

Blake said...

Alas I don't drink enough for that kind of return in 10 years. Love the new colour scheme and wallpaper if that is what it is called. Say hi to the kids (HFH) from Uncle Purvy.