Drink heavily and recycle :)
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.
At the risk of being really nerdy (then again, look at what blog I’m on), I don’t think the math works out here. In order for the return on the beer to be $214, assuming 5 cents/can, you’d need to have purchased 4280 cans. Now, with $1,000, that means each can would have cost you slightly over 23 cents. Beer tends to cost about $1/can, and that’s not including the ridiculous alchohol taxes imposed in many states or the money NY charges you for the deposit on the cans they are assuming you are going to recycle. Even if it was really cheap beer and on sale, and even if you were getting 10 cents a can in MI, it still seems really sketchy that you’re making a 21% return on recycling the cans . . .
Lol I actually thought about this when publishing the blog post, but it was too funny not to post 🙂
[…] just found this post on Fabrice Grinda’s blog. I usually don’t like to comment on my blog about other blogs, but I found this post […]
Very good advice…So I have been investing since years ago…regretably I threw away the cans !!!
regards,
Gabriel
Here in China we have an equivalent version lol:
If you had purchased RMB 1,000 of Merchants Bank stock one year ago, you would have RMB 250 left.
With Jiangxi Copper, you would have RMB 166 left of the original RMB 1,000.
With China Shippery, you would have less than RMB 120 left.
But, if you had purchased RMB 1,000 worth of Sanlu Milk Powder one year ago, drunk all of the powder, then turned in the cans to the producer, you would have RMB 1,000 cash.