Monday, May 11, 2009

New way to invest $50,000

Seems like someone has found a new way to invest money, by building a nickel pyramid. On my Google home page, I have a selection that is the "How To" of the day. Actually, there are three entries and they sometimes change more than once a day, so it's just the "How To" section. Today, they had an article on "How To Coin Stack a Nickel Pyramid."

Seems you take eleven nickels and make a stack. Then you build a base that is 2x2, that is four stacks close together. This is followed by a fifth stack on top of the four. That gives you a pyramid of two levels.

Now to make it a pyramid of 3 levels, you need 9 at the bottom, 4 at the second level and one on the top. It doesn't take an Egyptian to see that this pyramid can quickly start costing some money.

See the complete "How To" here. It shows a pyramid that it says is over 1,000 nickels. That's a little over $50. I think somehow they cheated, it looks like it has 15 levels to me and would be like the pyramid in the video, over 13,000 nickels and about $682.

But the guy in the video has a goal of over 1million nickels. That would be 65 rows. And about $50thousand. So if this guy is successful, he'll have $50thousand tied up in nickels on his dining room table. That would be about 25thousand rolls on nickels. I don't think you can get that at the drive thru of your local bank.

Of course any time we talk about investing, you're going to want to know the return. How much money will you get back when you cash in all those nickels? Well, it's not hard to figure. And the return isn't that great. But it's a lot better than most stocks have done the last year or so...

Enjoy making your nickel pyramid.


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