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.
Category: Investments
Tagged: 401(k), 401-keg, AIG, bloomberg, Cosco, Delta, Investment, Lehman brothers, Planning, recession, Retirement, straits-times-index, Web Hosting
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Lol. This is very funny. But you have to include all the investments that have gone up right?! Otherwise it seem like buying beer really is the wisest financial investment for you, which can;t be true.