Rome Is Burning, So Invest In The 401-keg

by Stanely Stuyvesant · September 30, 2008

    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.