MordechaiGoodbud
VIP Member
- Jan 20, 2017
- 531
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About 5 or 6 years ago I thought about buying 100 shares of Netflix. The stock had been declining because they had some bad news (I forget what it was), and the price was $71 a share.
I decided not to because I almost never invest in stocks that don't pay dividends. Instead, I kept mostly to safe investments--Dow stocks, utilities, municipal bond funds, various index funds, etc. I gambled a little on gold and copper mining stocks. I manage my own investments, and my returns have approximately equaled average market gains over this time period.
As we all know, Netflix went all the way up to something like $900 a share, then had a 12 (16?) split, and it is still going up like crazy...All the way to ~250 a share.
If I would have made that investment, it would be worth $300,000 today.
I often like to get about $15,000 worth of a stock. If I would have purchased 250 shares, it would be worth ~$750,000.
I am eating my heart out.
I decided not to because I almost never invest in stocks that don't pay dividends. Instead, I kept mostly to safe investments--Dow stocks, utilities, municipal bond funds, various index funds, etc. I gambled a little on gold and copper mining stocks. I manage my own investments, and my returns have approximately equaled average market gains over this time period.
As we all know, Netflix went all the way up to something like $900 a share, then had a 12 (16?) split, and it is still going up like crazy...All the way to ~250 a share.
If I would have made that investment, it would be worth $300,000 today.
I often like to get about $15,000 worth of a stock. If I would have purchased 250 shares, it would be worth ~$750,000.
I am eating my heart out.