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