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2009 investment strategy: 401-keg plan


Posted on December 02, 2008 by Denis

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I came across this when doing my daily due diligence.

It's pretty funny... unless you actually invested in any of the mentioned entities of course.

Thinking about it, those derelicts (or derelict charlatans) rummaging around cities collecting cans may have made more than some on Wall Street recently!

Here is the latest investment strategy:

If you had purchased $1000.00 of AIG stock one year ago, it would now be worth $49.00.

With Fannie Mac, you would have $16.50 left of the original $1000.

With Freddie Mac, you would have less than $5.00 left.

If you had purchased $1000.00 of WaMu stock you would have $49.00 left.

If you had purchased Lehman Brothers, you would have nothing left.

But, if you had purchased $1000 worth of beer one year ago, drank all the beer, then turned in the cans for recycling, you would have $114.

Based on the above, the best current investment advice is to drink heavily and recycle.

Call it a 401-Keg Plan.