If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left. <\/p>\n
With Fannie Mae, you would have $2.50 left of the original $1,000.<\/p>\n
With AIG, you would have less than $15 left. <\/p>\n
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. <\/p>\n
Based on the above, the best current investment advice is to drink heavily and recycle. <\/p>\n
It’s called the 401-Keg<\/p><\/blockquote>\n
Works for me. <\/p>\n
And sort of gives a whole new meaning to the concept of “Joe Six-Pack.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Worried about these perilous times? A brother deacon sent me the following financial tip: If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 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…<\/p>\n","protected":false},"author":204,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-2729","post","type-post","status-publish","format-standard","hentry","category-this-and-that"],"yoast_head":"\n
Some brilliant financial advice - The Deacon's Bench<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/2008\/10\/some-brilliant-financial-advice.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Some brilliant financial advice - The Deacon's Bench\" \/>\n<meta property=\"og:description\" content=\"Worried about these perilous times? A brother deacon sent me the following financial tip: If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left. With Fannie Mae, you would have $2.50 left of the original $1,000. With AIG, you would have less than $15 left. 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A brother deacon sent me the following financial tip: If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 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…","og_url":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/2008\/10\/some-brilliant-financial-advice.html","og_site_name":"The Deacon's Bench","article_published_time":"2008-10-07T17:59:00+00:00","author":"Deacon Greg Kandra","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/2008\/10\/some-brilliant-financial-advice.html","url":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/2008\/10\/some-brilliant-financial-advice.html","name":"Some brilliant financial advice - The Deacon's Bench","isPartOf":{"@id":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/#website"},"datePublished":"2008-10-07T17:59:00+00:00","dateModified":"2008-10-07T17:59:00+00:00","author":{"@id":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/#\/schema\/person\/5a7b3c6e9d155e382842aa310ff9b1ee"},"breadcrumb":{"@id":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/2008\/10\/some-brilliant-financial-advice.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/2008\/10\/some-brilliant-financial-advice.html"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/2008\/10\/some-brilliant-financial-advice.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench"},{"@type":"ListItem","position":2,"name":"Some brilliant financial advice"}]},{"@type":"WebSite","@id":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/#website","url":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/","name":"The Deacon's Bench","description":"Where a Roman Catholic Deacon Ponders the World","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/#\/schema\/person\/5a7b3c6e9d155e382842aa310ff9b1ee","name":"Deacon Greg Kandra","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/#\/schema\/person\/image\/","url":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/wp-content\/wphb-cache\/gravatar\/114\/1144d939be636f641ea021e1d347f9fdx96.jpg","contentUrl":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/wp-content\/wphb-cache\/gravatar\/114\/1144d939be636f641ea021e1d347f9fdx96.jpg","caption":"Deacon Greg Kandra"},"description":"A Roman Catholic deacon serving the Diocese of Brooklyn, New York, Greg Kandra is News Director for the diocese's cable channel, NET (New Evangelization Television.) Prior to that, Deacon Greg worked for 26 years as a writer and producer for CBS News, where he contributed to \"The CBS Evening News with Katie Couric,\" \"60 Minutes II,\" \"48 Hours,\" (Emmy Award, Writers Guild of America Award) and \"Sunday Morning.\" He was co-writer for the acclaimed documentary \"9\/11,\" hosted by Robert DeNiro. (Emmy Award, Christopher Award, Peabody Award, Writers Guild of America Award.) His radio essays were featured in the bestselling book \"Deadlines and Datelines\" by Dan Rather. He's also a two-time winner of the Catholic Press Association Award. Other places you may find him: AMERICA, U.S. CATHOLIC, CATHOLIC DIGEST, REALITY (Redemptorist Communications) and THE BROOKLYN TABLET. He also contributes homiletic reflections to the parish resource CONNECT!, published by Liturgical Publications. In November 2009, he began serving a three-year term as a consultant to the Communications Committee of the United States Conference of Catholic Bishops (USCCB). Deacon Greg grew up in Maryland (Go Terps!) but he and his wife today live in the beautiful borough of Queens, New York. You can contact Deacon Greg at dcngreg@gmail.com.","url":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/author\/gkandra"}]}},"_links":{"self":[{"href":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/wp-json\/wp\/v2\/posts\/2729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/wp-json\/wp\/v2\/users\/204"}],"replies":[{"embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/wp-json\/wp\/v2\/comments?post=2729"}],"version-history":[{"count":0,"href":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/wp-json\/wp\/v2\/posts\/2729\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/wp-json\/wp\/v2\/media?parent=2729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/wp-json\/wp\/v2\/categories?post=2729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.beliefnet.com\/columnists\/deaconsbench\/wp-json\/wp\/v2\/tags?post=2729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}