This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Reasons Buying Beer on St. Patrick's Day Is Dumb

4. You're being gouged

According to IbisWorld, St. Patrick's day beer consumption in the U.S. amounted to $245 million. They also estimated 2.1% growth within two years, which would bring this year's take to $255 million. That's great for bars and packaged goods stores, which make 1% of their beer sales on that day alone, but it's not great for the rest of you who are paying whatever holiday price a bar chooses to charge.

It's hard to blame them. Considering that 30.6% of consumers surveyed said they planned to hit a bar on St. Patrick's Day, any increase in price could be considered combat pay for dealing with the abrasive, slow-ordering, second-guessing, non-tipping amateurs who opt to play publicans for a day.

Oh, and those St. Patrick's Day pubgoers tend to be these folks ...

3 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $128.70 -0.19%
FB $78.81 -0.23%
GOOG $540.78 0.54%
TSLA $230.51 1.98%
YHOO $42.04 -1.11%

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs