If you had purchased $1,000 of shares in Delta Airlines one year ago, you would have $49.00 today. If you had purchased $1,000 of shares in AIG one year ago, you would have $33.00 today. If you had purchased $1,000 of shares in Lehman Brothers one year ago, you would have $0.00 today.
But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for recycling refund, you would have received $214.00. Based on the above, the best current investment plan is to drink heavily & recycle. It is called the 401-Keg. A recent study found that the average American walks about 900 miles a year. Another study found that Americans drink, on average, 22 gallons of alcohol a year. That means, on average, Americans get about 41 miles to the gallon! Makes you damned proud to be an American!!
"Dream as if you'll live forever. Live as if you'll die today."James Dean
Actually, Delta Airlines stock was trading at $12.59 a year ago and now it is trading at $10.48, so your $1,000 would be worth $850.
ReplyDeleteAIG stock was trading at $25.78 a year ago and currently trading at $36.25, so your $1,000 would be $1,406.
Aluminum scrap prices are currently $1.14/lb and if each 12 oz can weighs 0.03 lb, it would take 32.5 cans to make one pound or you could find a state that gives you $0.05/can and get $1.62 for the 32.5 cans. If a 30 pack of Keystone light costs $15, you could buy 1,995 cans of Keystone light for the $1,000 and get $99.75 back if you received the $0.05 refund. If you did it by the pound, you would only get $69.97.
And this is why you don't manage our money. Smooches. :)
ReplyDeleteBrian - Whoah.