This bit of wisdom has been flying around the internet . . .
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.
The part I like best is the follow-up comment on this blog . . .
You get a nickel back per can. If you get $214 back for $1000 worth of beer, you’re drinking 4280 cans.
The best service you will ever be able to provide your readers is to tell us where they sell beer for 23 cents a can.
And this one . . .
closer to 115.50…
PBR 30 packs… $13×77cases = $1,001
30beers x 77 cases = 2,310 beers
2310 x .05 = $115.50
Where were these math geniuses when we needed them?
To which my friend Bob said . . .
Ah Kevin, I’m disappointed in you. In most (if not all) states the 5 cent refund is the chump play. Those retail facilities turn around and sell back to the aluminum centers for a much better fee. The smart people cut out the middle man and go direct to the recyclers. You see this at big NASCAR and sporting events where they police their grounds, collect the cans and go direct for their refunds. My good friend used to manage Great Woods performing arts center in Boston and tipped me off to this scam.
Tags: Wachovia, AIG, 401(k), Recession, decision making
