The true value of money

Forwarded from a co-worker:

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 $1,000.00. With Worldcom, you would have less than $5.00 left.

If you had bought $1,000.00 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.

Of course, the math is dependent on the beer you choose. If you take Guinness in a can instead of Bud (about $8 for a four-pack), you’d have $50 when you got your deposit back. But it’s still a better outcome than buying any of these stinkers. 🙂

UPDATE: As usual, my fellow bloggers are ahead of the curve. Others who have already told this joke (in different currencies with different beers): Nick at BootBlog, Jake of Jake’s Jive, “Wally Street” in the guestbook of… and others, I’m sure.