Thoughts & Ideas

Liquid assets

14 October, 2008 (10:00) | Thoughts & Ideas

From an email forward I got:

If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
 
With Fannie Mae, you would have $2.50 left of the original $1,000.
 
With AIG, you would have less than $15 left.
 
But, if you had purchased $1,000 worth of beer one year ago, drunk all of the beer, then turned in the cans for the aluminum recycling REFUND, you would have $214 cash.
 
Based on the above, the best current investment advice is to drink heavily and recycle.
 
It’s called the 401-Keg

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