24th Jul 2002
Investing in Stocks vs. Beer
Can’t attest that this is absolutely accurate, but it sounds about right:
If you had bought $1000.00 worth of Nortel stock one year ago,it would
now be worth $49.00.With Enron, you would have $16.50 of the original $1000.00.
With WorldCom, you would have less than $5.00 left.
If you bought $1000.00 worth of Budweiser (the beer, not the stock) one year
ago, drank all the beer, then turned in the cans for the 10 cent deposit, you
would have $214.00.Based on the above, my current investment advice is to drink heavily and
recycle.
The only problem with this logic is that even on the beer you’re losing money, just less than on those stock picks, and meanwhile according to those calculations, that’s roughly a six-pack of Bud a day, which means you’d be a fat alcoholic, to boot.
[Via Haas]
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I was reading blogs on investing and came across your article. That is too funny. I actually wanted to comment on how you can make money from your investment in Budweiser. Once you’ve emptied the cans, then you crush each one and paint and decorate them like angels, using the opening as their mouth (as if they’re singing) and make Christmas ornaments out of them that can be sold for around $5.00 each. After paying $1.00 for supplies for each, you’d make $4.00 profit off of each item. That would give you a ROI of $4,000. Not bad. I know this can be done cause I know someone who made lots of money selling these types of ornaments. I just thought this would amuse you and your readers and help you make your funny point. Thanks for the laugh.