If you purchased $1000 of Bank of America stock one year ago, it would now be worth $204.
With Citigroup, you would have $147 left of the original $1,000.
With General Motors, you would have $0 left of your investment.
But, if you had purchased $1,000 worth of BEER one year ago, consumed all the beer, then turned in the cans for the aluminum recycling price, you would have $80.52 and a bad hangover.
Based on the above, current investment advice is to drink heavily and recycle.
It’s called the 401-Keg Plan.
OK – it’s not that funny, but a little gallows humor can’t really hurt, right?
If you invest the returns in Anheuser Busch, you probably would make your money back over time. Consider it a Dividend Reinvestment strategy.
Or maybe, instead of a DRIP, it’s a Brilliant Underutilized Recycling Plan (BURP)
Now that’s funny, wish I’d thought of either DRIP or BURP!