Did you invest in Apple?
If you are an Apple fanboy, and have been regularly buying Apple products since 2004, but never invested in Apple, then this is probably what you missed out on:
Aug 06th, 2004: Bought 1000 stocks of Apple at $14.89 per stock
Total investment: $14,890
Total investment: $14,890
Feb 25th, 2006: Apple announces a two-for-one split. You now have 2000 stocks of Apple at $44.5
Balance: $89,000
Gain: ~497%
Balance: $89,000
Gain: ~497%
Jan 13th, 2006: Sold 2000 stocks of Apple at $85.59 per stock
Balance: $171,180
Gain: ~1050%
Balance: $171,180
Gain: ~1050%
Jul 14th, 2006: Bought 3378 stocks of Apple at $50.67
Balance: $171,180
Balance: $171,180
May 09th, 2007: Sold 3378 stocks of Apple at $106.24
Balance: $358,878
Gain: ~2310%
Balance: $358,878
Gain: ~2310%
So if you had done some simple investing in Apple; in less than three years, you would have made ~$343,988, an astounding 2310% gain! from an initial invest of $14,890. So, next time you buy an Apple product, think about maybe investing in Apple too.
Update May 30, 2007: Since this article was written apple stock has gone up 11.53%, closing today at $118.49. With release of the iPhone around the corner, get ready for the ride!
