Let’s say back in 2001 you hustled up an extra months rent, about $1600, and purchased 100 shares of APPLE stock at the time, trading at $16.56.
100 shares at $16.56= $1656.
Got it?
Now let’s check in on that stock eleven years later, currently trading at $533.16.
Yeah, do the math, that one month’s rent became $53,316 just by leaving it in the market.
The picture illustrates what phones looked like before and after the iPhone.
Imitation is the sincerest form of flattery.
No comments:
Post a Comment