Beer and the Stock Market
From a post by “Edzwick” at http://community.marketwatch.com/edzwick:
If you had purchased $1,000 of AIG stock one year ago, you would have $42 left.
With Lehman, you would have $6.60 left.
With Fannie or Freddie, you would have less than $5 left.
But if you had purchased $1,000 worth of beer one year ago, drank all of the beer, then turned in the cans for the aluminum recycling REFUND, you would have had $214.
So, I guess it turns out that beer (or aluminum, at least), is a good investment after all!
The markets are down another 600 points as I write this, and the global tumble continues. I wonder, will people be jumping out of Wall Street windows again in a few weeks, or are we “modern” now and beyond a great depression?