Tuesday, November 04, 2008

Bookings Discounted by US Dollar

Skiers from the U.S. are getting a 20% discount on their bookings currently due to the difference in the value of the US and Canadian dollar. It also means that Canadian skiers can go catskiing at Wildhorse for about the same price as a skiing at a major resort in the U.S.

Some further investment advice: If you had purchased $1000.00 of Nortel stock one year ago, it would now be worth $49.00.With Enron, you would have $16.50 left of the original $1000. With WorldCom, you would have less than $5.00 left. If you had purchased $1000.00 of Delta Air Lines stock you would have $49.00 left.If you had purchased United Airlines, you would have nothing left. If you had purchased $1000.00 worth of beer one year ago, drank all the beer,then turned in the cans for recycling, you would have $214.00. Based on the above, the best current investment advice is to drink heavily and recycle. This is called the 401-Keg Plan. If you had invested your dollars in a cat skiing vacation with Wildhorse you would have powder smiles stretching across your face and memories to last a lifetime. See you soon.