Some recent investment advice came over the wire and we just had to share. In the current state of the markets, this seems to be the most prudent strategy, and it happens to also be good fun! So it goes like this:
If you had purchased $1,000.00 of AIG stock one year ago you would have $44.34 left.
With Wachovia, you would have had $54.74 left of the original $1,000.00.
With Lehman, you would have had $0.00 left.
But, if you had purchased $1,000.00 worth of beer one year ago...drank all of the beer, then turned in the cans for the aluminum recycling REFUND, you would have $214.00 cash.
Based on the above, the best current investment advice is to drink heavily and recycle. It's called the 401-keg.
Interview With Creative Time's Anne Pasternak Who Is Changing The Way We View Our Public Art
We sat down with Anne Pasternak for a few questions about Creative Time's past and future, as well as the importance of having an awareness about public art in the city.
Jon
October 1, 2008
1:51am
You get a nickel back per can. If you get $214 back for $1000 worth of beer, you're drinking 4280 cans. The best service you will ever be able to provide your readers is to tell us where they sell beer for 23 cents a can.
Sal
October 1, 2008
2:53pm
closer to 115.50... PBR 30 packs... $13x77cases = $1,001 30beers x 77 cases = 2,310 beers 2310 x .05 = $115.50
Matt
October 10, 2008
2:53pm
Don't you get $.15 in some states? I'm recalling a Seinfeld episode about just the same conclusion.
CHRISTOPHER CONFESSORE
October 10, 2008
4:41pm
Okay you guys are right. Lucky I wasn't in finance with my math skills, or we would be in even worse trouble. Matt, love the iphone/beer mashup.
Roger Langley
October 12, 2008
4:58am
10 cents in Michigan