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Thursday, October 09, 2008

From the Internets

I cannot account for the accuracy of the following, but it's amusing enough to pass along:
If you had purchased $1,000 of shares in Delta Airlines one year ago, you will have $49.00 today. If you had purchased $1,000 of shares in AIG one year ago, you will have $33.00 today. If you had purchased $1,000 of shares in Lehman Brothers one year ago, you will 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 will have received a $214.00. Based on the above, the best current investment plan is to drink heavily & recycle. It is called the 401-Keg.
Moral: invest in beer!


Nate Currie said...

I got that the other day, and when I noticed it was talking about "cans" I wondered how much I would save with bottles of decent beer.

Figuring about $15 for a 12-pack (actually $14.40 before deposit), means you really only get $40 back (67 12-packs, or 800 beers).

To arrive at $214, they must've used beer that cost less than a quarter per can (after deposit). Actually, $2.20 per half-rack (also before deposit). I don't know where one gets beer that cheap, but it really can't be good.

[Note: I believe Michigan has a $.10 deposit so you can double your savings there.]

Anonymous said...

Based on my rudimentary math - as of 10/12/07...

$1000 of LEH = $0 now.
$1000 of AIG = $34 now.
$1000 of DEL = $291 now.

$1000 of Widmer Bros. + deposits = $43 now. Plus 800-some beers.

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