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$50,000 in Apple 4 years ago is worth 1.2 mil today

archard

Joined: Jan 11 2007

http://bucknerd.blogspot.com/2007/10/big-apple.html

Take for example Apple - maker of the iPod , iPhone, and the Macintosh computer. If you had invested $50,000 in Apple Inc. (NASDAQ: AAPL) five years ago, that investment would be worth a cool $1.2 million today. In the last 5 years, shares in the Silicon Valley company have gone up $160, or 2273% (charts). This works out because 5 years ago, Apple shares were hovering around the $7 mark. $50,000 five years ago could afford you 6887 shares. Today, those 6887 shares are now worth over a million dollars, because Apple's share price has gone up to $167 ($167 * 6887 = $1,150,129). To put that in perspective, if you had decided 5 years ago to purchase Apple shares instead of a 2nd generation 20GB iPod for $499, you'd have $11,000. That is a lot of apples.

I can't believe this stuff sometimes. Now it seems so painfully obvious that it would have been a great idea to invest in companies like Apple and Google 4 or 5 years ago. Or just think, if you could reset the clock like 10 or 12 years and go on a generic domain buying spree (news.com, buy.com, sex.com, etc)... man, you'd be set for life right now.

Submitted on Sun, 10/14/2007 - 23:19

Re: $50,000 in Apple 4 years ago is worth 1.2 mil today

nozzie

The talkbox guy.

Location: Utah

Joined: Apr 06 2007

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Submitted on Tue, 10/16/2007 - 15:55

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Joined: Apr 21 2021

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Joined: Oct 09 2021

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A man was going to the house of some rich person. As he went along the road, he saw a box of good apples at the side of the road. He said, "I do not want to eat those apples; for the rich man will give me much food; he will give me very nice food to eat." Then he took the apples and threw them away into the dust.
He went on and came to a river. The river had become very big; so he could not go over it. He waited for some time; then he said, "I cannot go to the rich man's house today, for I cannot get over the river."
He began to go home. He had eaten no food that day. He began to want food. He came to the apples, and he was glad to take them out of the dust and eat them.

Submitted on Sat, 10/09/2021 - 00:02