Economic advice in tough times

I recently received the following e-mail forward from a friend. I haven’t checked the math, but the concept made me shaky… enough to share.

If you purchased $1,000.00 of Delta Air Lines stock one year ago you would have $49.00 left.

With Enron, you would have had $16.00 left of the original $1,000.00.

With WorldCom, you would have less than $5.00 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.

Or in other words as we heard on SNL:

“A survey came out that said that black people invest less money than white people.

… A fact that black people are probably feeling pretty good about right now.”