The Museum of Hoaxes
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The Cradle of the Deep, a literary hoax, 1929
Tube of liquor hidden in prohibition-era boot, 1920s
Lord Gordon-Gordon, robber of the robber barons, 1871
Princess Caraboo, servant girl who became a princess, 1817
The Hoaxing Hitchhiker, 1941
Bizarre pictographs of Emmanuel Domenech, 1860
Can a bar of soap between your sheets ease muscle cramps?
Did Poe say 'The best things in life make you sweaty'?
The Nobody For President Campaign, 1940 to Present
Monkeys pick cotton, a 19th-century urban legend
New Retirement Plan
My wife received this note in an email at work. Sadly, even though it's a joke, the advice it offers seems quite sensible:
New Retirement Plan: If you had purchased $1000.00 of Nortel stock one year ago, it would now be worth $49.00. With Enron, you would have $16.50 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 the beer, then turned in the cans for the aluminum recycling price, you would have $214.00. Based on the above, current investment advice is to drink heavily and recycle. It's called the 401-Keg Plan.
Categories: Business/Finance, Email Hoaxes
Posted by The Curator on Wed Apr 14, 2004
Comments (2)
Their math is way off...
Assume each case of beer costs $10, thus $1000 would buy 100 cases of beer.

Assume a case of empty cans weighs a pound. Thus the weight of aluminum from $1000 dollars of beer would be 100 lbs.

Historically, aluminum can scrap prices hover around $0.50 per pound, making that 100 lbs. of cans worth $50, not the $214.00 the hoax claims. I'd be equally skeptical of the figures they cited for prices of WorldCom and Enron stock.

Note: all of these estimates are very generous - - Beer costs more than $10/case. It takes more than 24 cans to make a pound of aluminum scrap. Prices for aluminum can scrap are lower than $0.50/lb.
Posted by Brian Wurst  in  Lombard, IL  on  Mon Apr 19, 2004  at  01:37 PM
That's hilarious. I know a few people on that plan. So far they're losing but things change fast don't they?
Posted by Jake  in  Florida  on  Thu Apr 20, 2006  at  04:09 PM
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