As print newspapers crash and burn, it’s looking like drowning your sorrows away in beer may have been the wiser investment, at least according to a “study” from ClickZ.
Instead of investing $10,000 in newspaper companies three years ago, you would be financially better off buying the same amount in kegs of beer, downing a six pack a day, and collecting the deposit, says Vin Crosbie.
Not that any of this is a good investment on your liver.
Fifty-five half-kegs of Budweiser ($105 each, plus a $75 deposit per keg three years ago) would net you 22 full kegs and $4,125 in deposits after consumption.
Here are some of his results, showing how much money you would end up with today after a $10,000 investment in 2005:
- Media General Co.: $1,833
- Gannett Co.: $1,853
- McClatchy Co.: $647.76
- The New York Times Co.: $4,822.22 (the only winner here over beer)
Beer a Better Investment Than Newspapers [ClickZ]
Photo: Flickr/elsie
