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Old 10-20-2010, 05:42 PM  
xxxjay
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Join Date: Aug 2002
Location: LoScandalous, CA
Posts: 13,482
Quote:
Originally Posted by wtfent View Post
If you had bought $200,000 worth of apple stock in October 21st 2002 (8 years ago) when it was only $14.26 per share, after their split in 2005 you'd own about 28,050 shares, as of todays closing at $310.53 that would be worth approx. $8,694,840 today! Put half that into a CD at 5% you'd be making $200K per year for the rest of your life without any major risk! Life's a bitch isnt it?
Haha, that's why I'm gloating. I bought almost that exact amout, but not all in one shot. I started around that same time and kept adding to my position till it hit 50$ and never bought anymore.

I've sold small amounts of it here and there over the years after good rallys, but will probably dump all of my Apple holdings around $325, which it will hit by holiday season for sure.
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