Financial Opinion and Insights

The Non-Investment Issue – Almost

Jim Lorenzen, CFP®, AIF®This is the time of year when most people like to head-off to Wally World or some other vacation spot; so, rather than post my usual economic pontifications, I thought you might like something a little lighter – and more fun!

First, whether or not you like Frank Sinatra, I’ll bet you’ll really enjoy Andre Rieu’s tribute.  Take a look:  http://www.youtube.com/embed/e-y581HdWfY?rel=0.

My thanks to Harold Evensky for these two: 

First,  THE 401-KEG… a hot investment for you during this financial turmoil:

If you had purchased $1,000 of shares one year ago in:

1. Delta Airlines, you will have $49.00 today

2. AIG, you will have $33.00 today

3. Lehman Brothers, you will have $0.00 today

But if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for recycling refund, you will have received $214.00.

Based on the above, the best current investment plan is to drink heavily & recycle.   It is called the 401-Keg.

Even better, 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!   Now that’s fuel efficiency!

And, second, on May 2, 2011, the Copenhagen Philharmonic amazed commuters at the Copenhagen Central Train Station, as they created a kind of orchestral “flash mob” – performing Ravel’s famed Bolero, with the musicians gradually assembling in place as the work progresses. The video – which shows not only the assembling orchestra, but also the delighted faces of the commuters – has generated overwhelming interest, and indeed has exceeded the orchestra’s expectations.  http://www.classicalarchives.com/feature/dont_miss_this.html

Now, wasn’t that better than reading about all that dull investment stuff? 



IFG BlogJim Lorenzen is a Certified Financial Planner® and An Accredited Investment Fiduciary® in his 21st year of private practice as Founding Principal of The Independent Financial Group, a fee-only registered investment advisor with clients located in New York, Florida, and California.  IFG does not sell products, earn commissions, or accept any third-party compensation or incentives of any description.  Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment to the individual reader.  The general information provided should not be acted upon without obtaining specific legal, tax, and investment advice from an appropriate licensed professional.

Written by Jim Lorenzen, CFP®, AIF®

July 31, 2012 at 8:10 am

Posted in Holidays