I think the can refund amount is a bit high.
I can get cheap Natural Light for about
$15/30 can case including the can deposit and
tax. So that's 50 cents per beer. $1000 buys
me 2000 beers. Calif pays 5 cents per can at
recycling center to that only comes to $100
for my 2000 cans. Maybe other states pay more
for recycling. Still, i'm ahead of the
stocks.
Look at the stocks you picked try: Pico,
Schw, MKL and WFC you'd be on your way with
the dividends. I don't know ann idiot that
picked those stocks and if they did they
deserve to lose it. Do your homework. It's
your money!
That's a 6-pack a day every day of the cheap
sh*t. 1189 lbs of cans @ .18 cents/lb in my
area (Indiana). I don't know how many cans
it takes to equal a lb but I'm sure my garage
would be busting at the seams if I collected
that many. The people that did have $1000 of
stock a year ago are probably drinking the
cheap sh*t now trying to forget that they had
a $1000 of stock a year ago.
I agree with MathHippy - buying gold is a
pretty safe investment. However I think, the
best thing to do is to work out how to earn
some money that doesn't involve a J.O.B.
(just over broke) - I can tell you how to do
this at my site, www.ricklomas.com
And Phil Gramm wrote McCain's entire Economic
Policy. Mr. Deregulation himself who says
you're all a Nation of Whiners and stated
that it's just a "mental
recession".
Some people will chose to believe whatever
they have to in order to protect their own
bias and willful ignorance. Hence,
Republicanism.
actually, an aluminum can weighs 14 grams.
There are 453 grams per pound. Meaning, it
takes approximately 32 beers to make a pound.
Aluminum is worth 70 cents per pound. Now I
just bought an 18 pack at Circle K of Bud
Light for 15 bucks. Meaning one beer costs
approximately 80 cents.
$1,000 dollars will buy 1250 beers (or 39
pounds of aluminum) 39 lbs X .70 cents per lb = $27.30
NOT $214.00
even if you got a 5 cent recycle return in
one of the states that did that, it would
only come up to $62.50.
at most places you can get a case (24 pack)
of natty for 10 bucks. that is 1 natty per
41.67 cents. assuming 10 cents back per can
like michigan does, that's getting 23.99%
back. That means getting $1000 bucks of natty
nets you $239.99 in a can recycling refund.
That's more than the image!
A recent study found that the average
American walks about 900 miles a year.
Another study found that Americans drink, on
average 22 gallons of alcohol a year. That
means, on average, Americans get about 41
miles to the gallon!
Living in the land of Michigan the part that
is missing from the 10 cent return (that I
know WAY to well) is that you have to deduct
the $214 from the initial $1000 because you
have to pay the deposit up front.
So if you have $1000 and want to be able to
have $214 of returnables.
$214 @ $0.10 /can return = 2,140 cans $1000- $214 = $786 of actual beer money after
subtracting the deposit $786 - 6% sales tax = ~$741.5 of beer money
left before taxes $741.5 / 2140 cans = ~34.6 cents per can or
$8.30/case of 24.
Somebody's drinking some really, really
crappy beer (if my numbers are right).
If you hadn't invested earlier then invest
now! This is the time when most millionaires
are made, proof to that is the great
depression in which the most millionaires
were made in history!
Buy cheap sell High, that is the essence of
"merchanting" stocks!
Your still out due to inflation, you now have
$1000 in your pocket and it's only worth
$943.36, everybody loses on cash stick to
precious metals, beer. www.bls.gov/data/inflation_calculator.htm
INDUSIND BNK TRADING ANALYSIS REPORT FOR BUY
CALL ON 4-Mar-11
INDUSIND BNK - BSE CODE - 532187 - LAST CLOSE
- 232.5 - BUY - 227.3 - SL - 216.5 - FOR TG1
- 235.6 - STOCK OPENED AT Rs. 233.6 HIT
INTRADAY HIGH - 240 STOCK WAS DURING TRADING
UP 3.2 % FROM PREVIOUS CLOSE ,bseindia trading tips performance report
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Comments and faves
skoop, uncultured, Tanner Powell, the_munificent_sasquatch, and 118 other people added this photo to their favorites.
pangicide (44 months ago | reply)
lmao.
you can't sum up the financial crisis any better.
bravo.
SimplyJ (44 months ago | reply)
also known as the 401keg plan
Sam Hale (44 months ago | reply)
Do you really get 21 cents for every doller in cans?
I extremely doubt it.
thinking.blissful (44 months ago | reply)
Puts it all in perspective!
I heard if you find the end of a rainbow, screw a pot of gold, $1 gas baby!
ahawks81 (44 months ago | reply)
And this is why I'm going to buy stock in breweries and cigarette companies.
When times get rough, people drink & smoke.
knowncitizen (44 months ago | reply)
More specifically, people always drink and smoke.
joaobambu (44 months ago | reply)
God Bless
endolith (44 months ago | reply)
Link to beer can car, plz.
chrisisageek (44 months ago | reply)
@Sam Hale With a deposit of $0.10 per can, $0.21 per dollar actually sounds just right.
°Florian (44 months ago | reply)
I think the can refund amount is a bit high. I can get cheap Natural Light for about $15/30 can case including the can deposit and tax. So that's 50 cents per beer. $1000 buys me 2000 beers. Calif pays 5 cents per can at recycling center to that only comes to $100 for my 2000 cans. Maybe other states pay more for recycling. Still, i'm ahead of the stocks.
abaekeland (44 months ago | reply)
Look at the stocks you picked try: Pico, Schw, MKL and WFC you'd be on your way with the dividends. I don't know ann idiot that picked those stocks and if they did they deserve to lose it. Do your homework. It's your money!
Still a neat little jab -- ouch!
MathHippy (44 months ago | reply)
$1000 of gold a year ago is now worth $1224!!!
EasyEJL (44 months ago | reply)
And only 2 of those 4 company's ex ceos are Obama advisors! of course its the 2 with the lowest value
undagrndbeatz (44 months ago | reply)
That's a 6-pack a day every day of the cheap sh*t. 1189 lbs of cans @ .18 cents/lb in my area (Indiana). I don't know how many cans it takes to equal a lb but I'm sure my garage would be busting at the seams if I collected that many. The people that did have $1000 of stock a year ago are probably drinking the cheap sh*t now trying to forget that they had a $1000 of stock a year ago.
Rick Lomas (44 months ago | reply)
I agree with MathHippy - buying gold is a pretty safe investment. However I think, the best thing to do is to work out how to earn some money that doesn't involve a J.O.B. (just over broke) - I can tell you how to do this at my site, www.ricklomas.com
JasonRobertJensen (44 months ago | reply)
And Phil Gramm wrote McCain's entire Economic Policy. Mr. Deregulation himself who says you're all a Nation of Whiners and stated that it's just a "mental recession".
Some people will chose to believe whatever they have to in order to protect their own bias and willful ignorance. Hence, Republicanism.
The Masked Unit (44 months ago | reply)
I love the Freddie logo. It looks just like their stock price.
michaelb1 (44 months ago | reply)
I'll take the car. I'm big on safety so I really appreciate those crumple zones.
veryvegetarianveal (44 months ago | reply)
michigan pays 10 cents for every can. at 50 cents per beer, you're getting 20% (.20 per dollar) back
Tektum (44 months ago | reply)
omfg lol
punkgardener (44 months ago | reply)
win~!
cjeacker (44 months ago | reply)
actually, an aluminum can weighs 14 grams. There are 453 grams per pound. Meaning, it takes approximately 32 beers to make a pound. Aluminum is worth 70 cents per pound. Now I just bought an 18 pack at Circle K of Bud Light for 15 bucks. Meaning one beer costs approximately 80 cents.
$1,000 dollars will buy 1250 beers (or 39 pounds of aluminum)
39 lbs X .70 cents per lb = $27.30
NOT $214.00
even if you got a 5 cent recycle return in one of the states that did that, it would only come up to $62.50.
chrisisageek (44 months ago | reply)
Argghhh! The digg geeks are one-upping each others math skills!
Wait, I actually love that! Aluminum, gold, weight per can, what about market value, vs. scrap value of aluminum?
And yes! Let's fight about democrats vs. republicans too. Because that's really at the heart of the matter.
**Crumple Zones? LOL! michaelb1, you made my day!
efitz11 (44 months ago | reply)
at most places you can get a case (24 pack) of natty for 10 bucks. that is 1 natty per 41.67 cents. assuming 10 cents back per can like michigan does, that's getting 23.99% back. That means getting $1000 bucks of natty nets you $239.99 in a can recycling refund. That's more than the image!
dmpetti (44 months ago | reply)
A recent study found that the average American walks about 900 miles a year. Another study found that Americans drink, on average 22 gallons of alcohol a year. That means, on average, Americans get about 41 miles to the gallon!
Matt McGurn (44 months ago | reply)
the math there is frightening
larrydevincenzi (44 months ago | reply)
Drink beer. Save the economy. I hear a marketing theme here.
mttcdz (44 months ago | reply)
FTW !
InsaneGeek (44 months ago | reply)
Living in the land of Michigan the part that is missing from the 10 cent return (that I know WAY to well) is that you have to deduct the $214 from the initial $1000 because you have to pay the deposit up front.
So if you have $1000 and want to be able to have $214 of returnables.
$214 @ $0.10 /can return = 2,140 cans
$1000- $214 = $786 of actual beer money after subtracting the deposit
$786 - 6% sales tax = ~$741.5 of beer money left before taxes
$741.5 / 2140 cans = ~34.6 cents per can or $8.30/case of 24.
Somebody's drinking some really, really crappy beer (if my numbers are right).
sarcle (44 months ago | reply)
That is crazy. I might as well go to SLEEP!
palrich (44 months ago | reply)
yeah, pick four of the worst stocks of a year, and yeah, you will get huge losses. this says absolutely nothing.
of course most stocks would have burned you. investing in beer cans is good, but you could get a much better return by investing in zippos
courtneymcentire (44 months ago | reply)
If you hadn't invested earlier then invest now! This is the time when most millionaires are made, proof to that is the great depression in which the most millionaires were made in history!
Buy cheap sell High, that is the essence of "merchanting" stocks!
skrump (44 months ago | reply)
Awesome!! Pass another beer brother!
jordan.willms (44 months ago | reply)
I've never commented on flickr before EVER.
But I had to comment. Great post. Puts everything in perspective.
J, www.sumolabs.com
AmazingAaron (44 months ago | reply)
LOL, life's strange isn't it!
mbching (44 months ago | reply)
right on!
--
http://digg.com/all/popular/24hours (?)
rustcat07 (44 months ago | reply)
i got $72 dollars filling the trunk of an '84 civic with uncrushed cans so i believe the recycling figures vary
au.himalayacrafts (44 months ago | reply)
Guys invest in the Middle East... its rocking..
Alexandre Duarte (44 months ago | reply)
I had 1000 dollars one year ago. I kept the money on my pocket for one year and now I have 1000 dollars. Great.
undagrndbeatz (44 months ago | reply)
Your still out due to inflation, you now have $1000 in your pocket and it's only worth $943.36, everybody loses on cash stick to precious metals, beer. www.bls.gov/data/inflation_calculator.htm
nail knows (44 months ago | reply)
Another sign of the financial times
Mike and Rachael (44 months ago | reply)
are there any stocks out there that would still be worth $1000 or more if purchased a year ago? Always with you what can not be done.
obamunism [deleted] (44 months ago | reply)
garone (44 months ago | reply)
40.1k
johnson.edward57 (43 months ago | reply)
So true!
rustedlight (35 months ago | reply)
Or you could have invested in this awesome flammable urine solution...
galtwill (17 months ago | reply)
Ha! Is that Heineken? I love that beer~
Live Stockmarket Watch (15 months ago | reply)
INDUSIND BNK TRADING ANALYSIS REPORT FOR BUY CALL ON 4-Mar-11
INDUSIND BNK - BSE CODE - 532187 - LAST CLOSE - 232.5 - BUY - 227.3 - SL - 216.5 - FOR TG1 - 235.6 - STOCK OPENED AT Rs. 233.6 HIT INTRADAY HIGH - 240 STOCK WAS DURING TRADING UP 3.2 % FROM PREVIOUS CLOSE ,bseindia trading tips performance report
prediction_trade@yahoo.com (5 months ago | reply)
www.junctiononeforty.com
Junctiononeforty.com provides latest Stock Market Quotes, Stock Market News, Current Events,
Live latest Stock Market Prices of Stock Market Companies listed at New York Stock Exchange (NYSE),
The NASDAQ, Dow Jones, Business News and latest Financial Market News, Forex market news, Technical Analysis,
Fundamental Analysis, Forex forecasts, ,Signals, Projections, forex exchange rates and much more.