Investment Advice

I received the following investment advice from a friend who moved from Alaska to Sydney several years ago. Pretty sound advice. A return on your investment AND saving the planet.

If you had purchased $1,000.00 of AIG stock one year ago, it would now be worth $56.91.

With Washington Mutual, you would have $120.36 left of the original $1,000.00

With 'Fannie Mae' (FNM), you would have $11.34 left.

If you had purchased $1,000.00 of Lehman Bros one year ago it would now be almost worthless: less than $0.86.

If you had purchased RH Donelley, you would have $45.69 left.

But, if you had purchased $1000.00 worth of beer one year ago, drank all the beer, then turned in the cans for the aluminium recycling refund you would have around $125.

Based on the above, the best current investment advice is to drink excessively and then recycle.