Sunday, March 13, 2011
Investments you wish you had made
In the category of investments you wish you had made, consider Apple Computer. If you had invested money in the company instead of buying its products on the day they were released, this nifty table shows you the profits you would have earned. So, for instance, if instead of buying an original iPod in January 2001 for $399 you had invested that amount in Apple stock, it would be worth a hair under $12,000 today. And God forbid you bought an original Powerbook in October 1997 instead of buying shares. The $5700 you squandered to be cool would be worth more than $330,000 today.
CWCID: Ritholtz, who noticed that "this doesn't work with every company. You could have purchased stock in GM, Wang or Planet Hollywood instead of buying their products . . .."
2 Comments:
By 
Andrew Hofer, at
Mon Mar 14, 08:35:00 AM:
Happy to say I've had AAPL in my IRA since Jobs took over. Did nothing for years, but after that...
By 
, at
Wed Mar 23, 01:57:00 AM:
In the category of investments you wish you had made, consider Apple Computer.
I regret not buying IBM stock before Gerstner took the helm. I seem to recall it being around $48 a share at that time...
