Wish I still had the equivalent of 1200 shares I had 5 years ago...
TriumphForks said:
So many times I have held on to garbage long term and the stuff that goes on to 5x or more over a few years I sold for a quick gain.
SACR said:TriumphForks said:
So many times I have held on to garbage long term and the stuff that goes on to 5x or more over a few years I sold for a quick gain.
It sounds intuitive, but if you're not willing to hold onto it for the next 30 years, why are you buying it?
It sounds like you're gambling more than you're investing.
Looks like he's referencing price at time of the chart, which was a few months ago..SACR said:redsox34 said:
His math is off.
NFLX was $15 at IPO. $10,000 would have bought you 666 shares.
A 2:1 split in 2004 gives you 1332 shares, a 7:1 split in 2015 gives you 9324 shares.
Those 9324 shares would be worth $1,714,310.64 today.