With all the bad news in the market place, and the pain that real estate investors are experiencing that do not use our leveraged investing strategies, here is something to laugh at...
My New Investment Strategy-
Take up drinking
If you had purchased $1,000 of Lehman Bros. stock one year ago, you would have $49 left.
With Wachovia, you would have $16.50 left.
With AIG, 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.
It's called the 401-Keg plan.
