Showing posts with label Invest. Show all posts
Showing posts with label Invest. Show all posts

Thursday, 16 October 2008

Invest, invest, invest

In this current financial crisis, which has seen the Dow-Jones Index take its biggest one week drop in history, it is rather a worry that if you had invested in shares in some of the major American companies one year ago you would have lost a lot of money by now:-
$1,000 invested in Delta Airlines would today only be worth $49
$1,000 invested in the insurance company AIG would now yield only $33;
and $1,000 put into Lehman Bros. Global Investment Bank would now be worth zilch – they went bankrupt!

However, there is some good news as next month’s American election approaches. If you had invested your $1,000 in beer and drunk it, then turned in the aluminium cans for recycling refund you would have received $214. Based on the above, one of the best current investments for Americans is to drink beer and recycle.

By the way, a recent study showed that the average American walks 900 miles a year. Another study showed that Americans drink, on average, 22 gallons of alcohol a year. On that basis, the average American gets about 41 miles to the gallon!

(Thanks to .highgrowthstock.com for this super piece of information! Good to see a sense of humour – or should that be humor – still survives.)

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