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December 05, 2007

When a Single French Fry Was A Good Investment

by John Darer CLU ChFC CSSC

Some investors make huge amounts of money trading scrap metal. How about food scraps?

An astute sports fan, who was unafraid to get his hands dirty, noticed that David Beckham dropped a french fry (a/k/a "chip" in Kiwi/Brit/Aussie speak) at this Nando's Wellington, New Zealand restaurant. He picked it up and promptly placed it and a half drunk bottle of coke in a listing on the New Zealand auction site Trade me. Click here for David Beckham french fry listing. Click here for the David Beckham Coke listing

The French fry attracted an initial bid of one NZ dollar (75 US cents), rising to four NZ dollars and fifty cents at the time of this writing, with over a week still left.  Consider this...in  just a few hours, a salty cholesterol laden no nutritional value morsel with David Beckham's DNA has had greater appreciation than the stock market this year!

The bidding on the coke is up to $159 at the time of this writing with 5 days still left.

Beckham was in the New Zealand capital for three days last week with his LA Galaxy soccer team to play an exhibition match against local team Wellington Phoenix.

Now don't go do something silly like cashing in your structured settlement to bid on the fry.

Posted at 09:22 AM in David Beckham's French Fry, Financial Literacy, Nutty Financial Stories, Soccer-But There's A Point To It |

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Guide to Structured Settlements 2024

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  • What Are Structured Settlement Annuities?
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  • History of Structured Settlements
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