This one hits me right in the gut. A recent study points out that one would have been better investing in beer, drinking them and returning the bottles for deposits rather then to invest in a newspaper over the past several years. You can read the full story and link to the study here.
Here is some of the math:
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)