An old pal of mine from the days of yore at The Bird has come up with some sound financial advice in this uncertain time, which I would like to share, because it is awesome:
“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.
Based on the above, the best current investment advice is to drink heavily and recycle.”