I read a blog today, and I learnt something new.
If you had purchased $1000 of shares in Delta Airlines one year ago, you will have $49.00 today.
If you had purchased $1000 of shares in AIG one year ago, you will have $33.00 today.
If you had purchased $1000 of shares in Lehman Brothers one year ago, you will have $0.00 today.
But—- if you had purchased $1000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for recycling refund, you will have received $214.00.
Based on the above, the best current investment plan is to drink heavily & recycle. It’s called the 401-Keg.
I find it rather true. Thats why we should always invest the right way. It’s easy to say, but what’s right?
If you bought stocks of Cosco Corp (COS:SP[bloomberg]/F83.SI) for some long term investments, you wouldn’t want to just retire so soon.In the past 1 year, Cosco has performed weaker than the Straits Times Index.
I’m still trying to learn a lot about the stock market, and different instruments to make more money. Share with me your comments and let’s learn together.