beer and buy and hold

Discussion in 'Trading' started by andrasnm, Sep 21, 2001.

  1. If you bought $1000 worth of Nortel stock one year ago, it would now be worth $72.

    If you bought $1000 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, and traded in the cans for the nickel deposit, you

    would have $79.
  2. I dont know whether to laugh or cry.
  3. dozu888


    andrasnm, you the man ! :D
  4. sallyboy

    sallyboy Guest

    It'll come back.................:eek:
  5. honus


    That's what you call putting your money where your mouth is.
  6. Where's Pretorian2? This post is his since he is the heavy drinker on the board. LOL


    helps put things into perspective.

  7. Rigel


    Oh god that's funny! Joe Sixpack beats the market.
  8. tharp, i crack up every time they run that on cnbc..... Hey andrasnm.... If I bought 1k worth of natty light, that's 22 kegs, I get 220 back when I go for my keg rebate.... You're investing in the wrong beers man....
  9. dozu888


    Wait a minute... aren't the cans already priced in when you purchase the beer?

    In other words, you only get $921 worth of the beer liquid when you pay $1000.

    So I think stocks are still the better investment. :cool:
  10. Natty Light?? Yech

    Budweiser isn't that great either.

    I think I'll stick to the microbrews I can get around here


    The price is figured into the beer yes but what about commissions for the stock? Beer is catching up again....

    #10     Sep 26, 2001