Good Investment?
We have been asked
I believe that if I have invested $1000 in Lehman Brothers a year ago it would now be worth less that $30. The same would be true of AAG. However if I had bought beer in returnable bottles, the bottles could be sold for over $100. Would you say drinking beer is a better investment than putting money in the stock markets?
October 29th, 2008 at 11:11 am
No.
October 29th, 2008 at 12:03 pm
Drinking beer is never a good financial investment unless you are being paid to drink it (a rare job, but one that I have enjoyed).
Drinking vast amounts of beer to get a small return on bottles is small beer (sorry, couldn’t resist) when it comes to income, as the return is so poor. Collecting and scavenging returnable beer bottles may make sound financial sense IF you can collect enough to cover the cost of your time.
Why not nip down the bookies and put a monkey on a horse? You’ll be able to take some amusing photo’s and sell them to some unwitting pop-art poster company and retire on the procedes.