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Join Date: Oct 2002
10-23-2008, 4:15 PM
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I took money out of the stock market at this time last year, bought the boat cash, and now it's my best performing asset
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Join Date: Nov 2005
10-23-2008, 6:04 PM
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Retirement Planning If you had purchased $1000.00 of Nortel stock one year ago, it would now be worth $49.00. With Enron, you would have had $16.50 left of the original $1000.00 With WorldCom, you would have had less than $5.00 left. If you had purchased $1000 of Delta Air Lines stock you would have $49.00 left. But, if you had purchased $1,000.00 worth of beer/wine one year ago, drank all the beer/wine, then turned in the cans/bottles for the recycling REFUND, you would have had $214.00. Based on the above, the best current investment advice is to Drink heavily and recycle.
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10-23-2008, 6:17 PM
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Tim that is funny... Very true too.... I wish I would have taken it all out last year and re-invested it right now.... someone had to see it coming and made the gamble...
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Join Date: Aug 2006
10-23-2008, 6:52 PM
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Right now that might be true but ultimately in the long term I'm afraid it won't be so. That is of course unless you were invested heavily in some of the banks that were taken down. I'm just stoked about cost averaging down!
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Join Date: Apr 2007
10-23-2008, 6:53 PM
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I like Greg's scenario also.
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Join Date: Apr 2005
10-23-2008, 9:07 PM
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Hate, Deflation is scary too... (Message edited by bulletlines on October 23, 2008)
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Join Date: Sep 2002
10-24-2008, 5:31 AM
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That beer can story has been doing the rounds for a while. Trouble is its totally wrong. Whoever done the inital math based it on the weight of the cans full of beer. Infact all of the stocks listed would have been a better investment then the empties. (Message edited by jayc on October 24, 2008)
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Join Date: Jul 2001
10-24-2008, 5:40 AM
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A case of keystone is $13 28 empty cans is about 1lb. That would net you about $0.35-0.50 $1000/13 = 77 cases of beer. = 1848 cans of beer = 66lb of aluminum 66 lb of aluminum gets you $33 at $0.50/lb $33<<$214
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Join Date: Sep 2008
10-24-2008, 5:48 AM
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^^^^^ Turn in those same 1848 cans of beer in Michigan and you get $.10 per can, or about $184.
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Join Date: Jul 2001
10-24-2008, 6:17 AM
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Yes, but if you buy them in MI, then you pay $184 more for them up front. I think it would cost most people more to travel to and from MI than $184.
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Join Date: Sep 2002
10-24-2008, 7:02 AM
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wow you get 10 cents back on empties? Here in the UK we get nothing and the value of scrap aluminium is also a lot lower than in the US. When I done the math based on UK prices £1000 worth of empty beer cans would get you about £2.50 but thats assuming you flattened each can. Unflatten cans would get you about half that. Not that any of the above is stopping me drinking beer though!
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Join Date: Jul 2001
10-24-2008, 7:05 AM
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Jay, the 10 cents it a deposit that you get back. i.e. you pay 10 cents per can extra when you buy the beer.
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Join Date: Dec 2003
10-24-2008, 7:22 AM
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You will have to find a mail truck to haul them there free.
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Join Date: Mar 2007
10-24-2008, 8:04 AM
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or find Kramer and Newman - they'll take care of it for you...
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Join Date: Apr 2001
10-24-2008, 8:16 AM
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$0.50/lb? Its about $2.05/lb here in cali? So that would make 66lbs of aluminum worth $135.50.
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Join Date: May 2004
Location: Tyler
10-24-2008, 8:24 AM
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wow. I can't believe we're actually debating the points in that email... Must be a slow friday. hate, nice going. shares are cheap. time to buy. It's buy low, sell high. not the other way around. not sure why most ppl can't figure that out.
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Join Date: Aug 2007
10-24-2008, 9:12 AM
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Yea but with the $1000 worth of beer you also get hammered for a month. You are sure to have some great stories that will last a lifetime. I think the beer is the way to go.
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Join Date: Oct 2002
10-24-2008, 10:33 AM
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Beer is good, but by my current calculations, wakeboarding boats are outperforming the market indices by roughly 35% per year, based on historical data going back and entire year. That makes this one of the safest places to put your money:
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Join Date: Nov 2006
10-24-2008, 10:45 AM
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GREGG- you are genious!
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Join Date: Nov 2005
10-24-2008, 5:26 PM
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Up here is Canada we get money back on Beer bottles and liquor/wine bottles also. Some beer cans such as Stella Tall boys you get a return also. For beer bottles we get 5 cents and 20 cents for a liquor or wine bottle.. We are big on recyling/green up here.. not to mention beer, wine, liquor is government controled.
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