This 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 recycle.
For more from Michael Millar, head over to Trading Floor.
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