Tuesday, August 9, 2011

Maybe it pays to be financially irresponsible...?

I don't know much about the stock market. My uncle has explained it in theory but without actual money to invest, I was unable to relate. I don't even come close to having money to pay off my debt let alone invest. I have been jealous of those that can use their money to make more money but as of the stock market downfall yesterday, I'm thankful.

"If you had bought $1000 of shares in Delta one year ago, you would have $49 today! If you had bought $1000 of shares in AIG one year ago, you would have $33 today. If you had bought $1000 of shares in Lehman Brothers one year ago, you would have $0 today. But, if you had bought $1000 worth of beer one year ago, drank it all, then turned in your cans for a recycling refund, you would have $214! Based on the above, the best plan is to drink heavily and recycle! It is called the 401-Keg!" --Found this on someone's Facebook yesterday. I'm not an advocate for spending that much money on beer but of course recycling is great!


Sorry, stock marketers, for your huge losses yesterday :( I have a feeling things are only going to get tougher for the economy for a while. Not sure what that means for my big life plans.

1 comment:

  1. Now is the time to buy buy buy! Then when the stock market goes back up (it always does) you make money. I love it!!

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