Economic Perspective
Friday, November 21st, 2008If you had purchased $1,000.00 of Delta Air Lines stock one year ago, you would have $49.00 left. With Enron, you would have had $16.50 left of the original $1,000.00. With WorldCom, you would have had less than $5.00 left.
But if you had purchased $1,000.00 worth of beer one year ago, drank all of the beer, then turned in the cans for the aluminum recycling REFUND, you would have $214.00 in cash.
Based on the above, the best current investment advice is to drink heavily and recycle. It’s called the 401-Keg. A recent study found that the average American walks about 900 miles a year. Another study found Americans drink, on the average, 22 gallons of alcohol a year.
That means, on average, Americans get about 41 miles to the gallon. Makes You Proud To Be An American!
-Dan
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