investment advice...you'd be wise to follow

[tribalwind]

For Your Info: If
you had purchased $1,000.00 of Wachovia stock one year ago
youwould have $35 left. With Fannie Mae, you would
have had $23 left of the original $1,000.00. With AIG,
you would have $36 left.

But, if you had purchased $1,000.00 worth of beer one year ago,
drank all of the beer, then turned in the cans for the aluminum recycling
REFUND, you would have $214.00 cash.

Based on the above, the best current investment advice is to drink
heavily and recycle. It's called the 401-Keg

[MilDoc]

Now that's some advice i can live with!

[crokett]

This joke keeps showing up, they just change the company names. A few years ago it was Enron and Worldcom.

[KLF]

Ummm... not to be a grouch, but I hate it when un-truths like this get tossed around the 'net. The math just doesn't work.

Let's take Wachovia, for instance. On 11/26/07, they closed at $39.00 per share. So, $1,000 would get you 25.64 shares. They closed today at $5.65. So your shares would now be worth $144.87. Still not a shrewd investment, but not as bad as it looked.

Now, to the beer cans. Let's say you bought $1000 of really crappy Budweiser at $15 a case. That's 66.67 cases of beer, or 1600 cans. Now, scrap prices of aluminum are not that great, and unless you've got tons of the stuff to deal with, nobody will give you anything for it. If you put all those cans into your car and drove to a state that gave you a nickel back for each can, say Maine, then you'd walk away with only $80.

[dbhost]

Okay we are all aware this is a joke right? I'm not sure everyone is clear on that...

[Alex Franke]

Will I get any cash if I take my Eastern Airlines stock certificates in for recycling?

[radhak]

You know what, once KLF gave the math for it, I am all the more impressed by the spirit of the original 'joke' :

for an 'investment' of $1000, what's a better return?

a) $145 with free angst to go with it,

or

b) $80 and 1600 cans of beer

nuff said, need to call my 401-keg advisor...