This was passed on through a friend of mine and sounds like pretty sound advice:
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, drank 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.
(Hat Tip Drew Meyers and Michigan Green)
Let’s call Justin, tell him to bring over a case! 🙂
@Ricardo — I pitched this savings plan to Tammy and am still waiting for approval to invest our 401k into this plan. Stay tuned, I might be over with a couple of cases soon.