Investors now have a 201K plan - Len Smith
The best commentary I've heard lately was on TV where the guy said he was diversifying: he's putting half his money under his mattress and the other half in a can buried in the back yard. - MarketWatch comment poster unclejohn
Banking problem explained (from rightontheright.com)
Young Chuck moved to Texas and bought a donkey from a farmer for $100.00. The farmer agreed to deliver the donkey the next day.
The next day he drove up and said, 'Sorry son, but I have some bad news, the donkey
Chuck replied, 'Well, then just give me my money back.'
The farmer said, 'Can't do that. I went and spent it already.'
Chuck said, 'OK, then,just bring me the dead donkey.'
The farmer asked, 'What ya gonna do with him?
Chuck said, 'I'm going to raffle him off.'
The farmer said 'You can't raffle off a dead donkey!'
Chuck said, 'Sure I can Watch me. I just won't tell anybody he's dead.'
A month later, the farmer met up with Chuck and asked, 'What happened with that dead
Chuck said, 'I raffled him off. I sold 500 tickets at two dollars apiece and made a profit
The farmer said, 'Didn't anyone complain?'
Chuck said, 'Just the guy who won. So I gave him his two dollars back.'
Chuck now works for Goldman Sachs.