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Advice for these turbulent times!
19th September 2008
This has been doing the rounds in the city no claims to any originality, but there is some sage advice here during this perfect storm!
If you had purchased £1000 of Northern Rock shares a year ago they would be worth £4.95 now!!!! If you had purchased £1000 of HBOS shares a week ago they would be worth £16.50 now!!!! If you had invested £1000 in XL Leisure they would be worth less than £5 now!!!! If you had bought £1000 worth of Tennents Lager one year ago, drank it all, saved all the empty aluminium cans and sent them to a recycling plant, you would get £214!!!! It is a relief to know that the best current investment ADVICE is to DRINK HEAVILY AND RECYCLE.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.