Guest of a Guest reminds readers that college students are sometimes the wisest investors:
If you had purchased $1,000.00 of AIG stock one year ago you would have $44.34 left.
With Wachovia, you would have had $54.74 left of the original $1,000.00.
With Lehman, you would have had $0.00 left.
But, if you had purchased $1,000.00 worth of beer one year ago…drank all of the beer, then turned in the cans for the aluminum recycling REFUND, you would have $214.00 cash.
Amen to that.
Haha, can you see all of the Finance majors in frats reading this and turning around and buying 50+ cases of beer with the excuse that its a wise investment? haha