If you’re a beer drinker, an investor, or a breathing human with an email account, you have likely received this note that you should have invested in beer instead of banks and return the cans for cash…
It goes something like this:
But if you had purchased $1,000 worth of beer one year ago, drank all of the beer, then turned in the cans for the aluminum recycling refund, you would have had $214!!
Based on the above, the best current investment advice is to drink heavily and recycle.
It’s called the 401-Keg Plan
Yeah, it’s somewhat amusing… and we can’t argue with the advice… but I’m a mythbuster and I love pointing out to the sender that $1,000 in beer–at the ABSOLUTE MOST–is like 1,000 beer cans… which in most states is $50 in returns… which, if you bought 1,000 beers would cost $50 in deposits.
This essentially nets you ZERO… but, a REALLY GOOD buzz.
Snopes.com busts the myth too, but with a bunch of egg-headed math.
