NEW ASPECTS OF THE WORLDWIDE FINANCIAL CRISIS
Bahía de Caráquez, Ecuador, Saturday, 11 October 2008
For those of you watching your portfolios head down the drain, this is a reminder that there may be other ways of looking at statistics.
If, for example, you had purchased $1,000 of shares in Delta Airlines one year ago, you would of course have only $49.00 today. If you had purchased $1,000 of shares in AIG one year ago, you have about $33.00 today. If you purchased $1,000 of shares in Lehman Brothers one year ago, you would have $0.00 today. Not good, we can agree.
On the other hand, if you had purchased $1,000 worth of beer a year ago, drunk all the beer, then turned in the aluminium cans for a recycling refund, you would have received $214.00. Based upon the above, the best current investment plan is to drink heavily & recycle. It is called the 401-Keg.
A recent study also determined that, almost unbelievably, the average American walks about 900 miles a year, while another study found that Americans drink on the average 22 gallons of alcohol a year. That means that Americans are getting about 41 miles to the gallon!
Makes you proud to be an American, doesn’t it?
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