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October 03, 2008
A little financial advice
Like some US banks, there are banks in Britain (and in continental Europe) that are also having problems. But I wasn't expecting to see this old joke in the pages of The Spectator.
How to make money out of turmoil
Michael Millar
Friday, 19th September 2008This is the best financial advice I've heard all week:
If you had purchased £1000 of Northern Rock shares one year ago it would now be worth £4.95, with HBOS, earlier this week your £1000 would have been worth £16.50, £1000 invested in XL Leisure would now be worth less than £5, but if you bought £1000 worth of Tennents Lager one year ago, drank it all, then took the empty cans to an aluminium re-cycling plant, you would get £214. So based on the above statistics the best current investment advice is to drink heavily and re-cycle.
Posted by joke du jour at October 3, 2008 05:45 PM
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