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Current DateTime: 07:32:19 02 Dec 2008
LinksList Documentid: 27475809
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Oct.01
5:19 PM ET
Wednesday, 1 Oct 2008
Why Beer Was the Best Investment

Here's an e-mail doing the rounds of the financial community that gives an interesting perpsective on the latest market turmoil -- and where some might wish they had invested given a second change.

"If you had purchased $1,000 of United Airlines parent UAL stock one year ago, you would have $200 left.

With Fannie Mae, you would have $2.50 left of the original $1,000. With AIG, you would have less than $15 left.

But, if you had purchased $1,000 worth of beer one year ago, drunk all of the beer, then turned in the cans for the aluminum recycling REFUND, you would have $214 cash. Based on the above, the best current investment advice is to drink heavily and recycle."

Lots of investors might need a cold beer nowadays. Check out our slideshow of Top 20 Beer Drinking Countries to see who knocks back the most per year.

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