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If I'd have had a spare $10,000 back in 1982 Login/Join 
Little ray
of sunshine
Picture of jhe888
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quote:
Originally posted by bubbatime:
But $10,000 worth of bitcoin when it was starting, would be worth millions and millions today...


It would, and it would have been worth even more five months ago. Super volatile. Even worse than currency trading.




The fish is mute, expressionless. The fish doesn't think because the fish knows everything.
 
Posts: 53411 | Location: Texas | Registered: February 10, 2004Reply With QuoteReport This Post
His diet consists of black
coffee, and sarcasm.
Picture of egregore
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Posts: 29047 | Location: Johnson City, TN | Registered: April 28, 2012Reply With QuoteReport This Post
His Royal Hiney
Picture of Rey HRH
posted Hide Post
quote:
Originally posted by Gustofer:
I would retire today...had I put it into Apple.

That was a shit-ton of money for me back then, so it wouldn't have happened. But, thinking ahead, and back, if a guy had the money today, where would you put it for your grandkids to reap the benefits 30+ years from now?

What is new and upcoming like personal computers were back then? Where do we think technology will go?

Of course, nobody can predict the future, but what is your best guess?


Without knowing what you were going to talk aboutm when I saw the title of your post, I keep thinking back to the one I missed but my time was between 1995 and 2000, I forget which date but I remember the events exactly - and it was about Apple.

Intel was being investigated for monopolizing the market as something happened to AMD. Apple was on the brink of bankruptcy. The news was Microsoft made a recent investment in Apple. My read on that was to keep Apple afloat so that Microsoft could avoid a similar investigation as being a monopoly. Stock price of Apple then was a little above $3.00.

I considered buying Apple stock then for several days. I figured if Microsoft wasn't going to let Apple fall, that's a good safety net. After three days, the stock went up to $6.00 and I thought I missed my chance.

That memory continues to haunt me to this day.



"It did not really matter what we expected from life, but rather what life expected from us. We needed to stop asking about the meaning of life, and instead to think of ourselves as those who were being questioned by life – daily and hourly. Our answer must consist not in talk and meditation, but in right action and in right conduct. Life ultimately means taking the responsibility to find the right answer to its problems and to fulfill the tasks which it constantly sets for each individual." Viktor Frankl, Man's Search for Meaning, 1946.
 
Posts: 20255 | Location: The Free State of Arizona - Ditat Deus | Registered: March 24, 2011Reply With QuoteReport This Post
Go Vols!
Picture of Oz_Shadow
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Funny. We were just reviewing a retirement account. 0.29% return year to date. I think we need to change the investment category.
 
Posts: 17944 | Location: SE Michigan | Registered: February 10, 2007Reply With QuoteReport This Post
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Hindsight is always 20/20, but the older i get, the more the sayings of Warren Buffett and Charlie Munger ring true. I want to buy shares in great companies at fair prices. I want to invest like the stock market will be closed for 10 years.
 
Posts: 2169 | Registered: April 14, 2009Reply With QuoteReport This Post
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I bought $500 worth of Apple stock in 2000 @ $22/share in an eTrade account. That was before the iPod, Ipad and iPhone when all they were really selling were desktop computers and had like 5 percent of the business market. It's split at least three times and today that account is worth over $60K. Wish I had bought more, but actually it tanked right after I bought it, down to $14. Should have really bought more then!
 
Posts: 2559 | Location: WI | Registered: December 29, 2012Reply With QuoteReport This Post
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