10
this post was submitted on 10 Jul 2023
10 points (100.0% liked)
Futurama
12642 readers
168 users here now
For all things Futurama
Rule 1: Don't be a jerkwad!
Rule 2: Alternate video links to be linked in a comment, below the original video.
Related Communities
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Assuming you bought on Dec. 1st, 1999, $10k would have purchased around 2,300 shares. After the recent 20:1 split you would have 46,000 shares. Closing price per share today was $127.13. Had you held onto that stock, your $10k would now be worth $5.85 million dollars. Roughly a 34% annual growth rate. Not bad!
yes I'm well aware of how much I screwed up. Also owned a few grand of Applied Material (AMAT); bought and sold around the same time.
Then again, when I sold it felt like they were gonna be the next .com bubble victim. I panicked. It was a very expense lesson at the time. Even more so now in retrospect.