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papafrog
10-08-2008, 09:31 PM
If you had purchased $1,000 of shares in Delta Airlines one year ago,
you will have $49.00 today.

If you had purchased $1,000 of shares in AIG one year ago, you will have $33.00 today.

If you had purchased $1,000 of shares in Lehman Brothers one year ago, you will have $0.00 today.

But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for a recycling refund, you will have received $214.00.

Based on the above, the best current investment plan is to drink heavily & recycle. It is called the 401-K eg.

Michelino
10-08-2008, 09:59 PM
If you had purchased $1,000 of shares in Delta Airlines one year ago,
you will have $49.00 today.

If you had purchased $1,000 of shares in AIG one year ago, you will have $33.00 today.

If you had purchased $1,000 of shares in Lehman Brothers one year ago, you will have $0.00 today.

But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for a recycling refund, you will have received $214.00.

Based on the above, the best current investment plan is to drink heavily & recycle. It is called the 401-K eg.

Well the math is off...I get more like $70 for the recycling. Still that's more than anything that Wall Street is offering.

Plus if recycling = socialism, I guess the unregulated free market comes up a cropper yet again.

ohio
10-09-2008, 12:13 AM
but what if it was Milwaukee's Best????

freebo
10-09-2008, 10:29 AM
Or Hamm's?

My favorite Hamm's story is when our beer-league after-work softball team wanted beer, but all we could scrounge up was ~ $6...

Being low man on the totem pole I was selected to make the beer run.

With what I had, it was either a six pack of 'good' beer, or a twelve pack of Hamm's.... What the heck, I figured, there's nine players on the team, I better get the Hamm's.

They never sent me on a beer run again.

(With apologies to all yall Hamm's lovers out there.) :p

Headless Hornman
10-09-2008, 11:03 AM
Sorry for the drift but that reminds me of my favorite beer-money scrounge story. Headed out to Ft. Desoto with a buddy one Sunday morning to go fishing in the late '70s. We were 3rd in line at the bait shop waiting our turn to get all the shrimp we could afford that day--4 dozen. First guy buys a six-pack, which wasn't legal at 7am on a Sunday. A buzz of whispers went up and down the line (he's selling BEER!); the next guy gets his bait and some Budweiser. John and I turn our pockets inside out and quickly calculate we could afford 2 dozen shrimp and a sixer of Busch (priorities!). We place our order and the kid running the register decides to call his dad to ask if it was ok to sell beer. We were SOL; can't remember how the fishing went.

swag
10-09-2008, 11:45 AM
I drank Piels in my poor college days until I discovered Hamms, even cheaper and equally drinkable, at least that's what I thought when I was younger.

The local market sold the Hamms for $1.99/6-pack, and $3.99/12-pack. Naturally, I used to buy two sixes to save the penny.

I remember going with my beer snob housemate to the market one time. He bought a 2-pack of Grolsch (with the fancy ceramic tops); I bought my two 6-packs of Hamms, and he paid more for his two beers than I did for twelve. :D

Uncle Slayton
10-09-2008, 01:27 PM
A recent study found that the average American walks about 900 miles a year.

Another study found that Americans drink, on average, 22 gallons of alcohol a year.

That means that, on average, Americans get about 41 miles to the gallon!

Makes you proud to be an American!

ohio
10-09-2008, 01:32 PM
Or Hamm's?

My favorite Hamm's story is when our beer-league after-work softball team wanted beer, but all we could scrounge up was ~ $6...

Being low man on the totem pole I was selected to make the beer run.

With what I had, it was either a six pack of 'good' beer, or a twelve pack of Hamm's.... What the heck, I figured, there's nine players on the team, I better get the Hamm's.

They never sent me on a beer run again.

(With apologies to all yall Hamm's lovers out there.) :p
Ah, the (crappy) memories!

From the Land of Sky Blue Waters,
From the land of pines' lofty balsams,
Comes the beer refreshing,
Hamm's the beer refreshing.

Phatpapa
10-09-2008, 07:49 PM
but what if it was Milwaukee's Best????

:eek: Oh no, not "The Beast":eek:

I just found out the Old Milwaukee is back on the shelves in my area.:)

Azeater
10-10-2008, 05:41 PM
Pretty decent advice from the Motley Fool



It's grim out there. The market is down 24% since the beginning of September. The financial contagion that started with the U.S. subprime mortgage defaults has spread to Europe and Asia. Fully 60% of Americans now believe that a depression -- replete with 25% unemployment and widespread homelessness and hunger -- is "likely." And just 9% of Americans, an all-time low, are satisfied with the way things are going in the country.

It's gotten so bad, in fact, that the Booyah Bull himself, Jim Cramer, told investors on Monday to pull any money they need for the next five years out of the market.

Now, that's not necessarily bad advice
Of course, you should never be investing the hard-earned dollars that you need to pay your bills over the next few years. But if you heed the wisdom of the late Sir John Templeton -- whom we recently eulogized as the world's most important investor -- you should always be ready, willing, and able to invest some of your long-term savings in common stocks at -- and this is crucial -- the point of maximum pessimism.

What can happen when you buy at the point of maximum pessimism? Well, as Sir John proved when he famously purchased 100 shares of 104 companies trading for $1 per share or less in 1939, as the market panicked at the outset of World War II, you can make a lot of money.

The good news for you today is that given that data presented above, we're getting pretty darn close to that point -- only 9% of Americans are left to be convinced.