Jan 11, 2019
1:42:10pm
Greg Kite's 'stache All-American
Here's the math you don't want to think about too much b/c it will make you sad
If you purchased 1 share of Apple back in 2004, it would have turned into 2 shares in 2005. Those two shares would have turned into 7 shares each in 2014, so the original 1 share would now be 14 shares (1 x 2 x 7).

If your original investment in that first share was $2 (1 share x $2 = $2), that $2 would now be worth $2,800 (14 shares x $200/share = $2,800).

So, simply multiply the original number of shares he would have purchased by 14, then multiply that by $200, and you'll know what your inheritance would have been if you would have been smart enough to push your dad to invest back then.

Then never think about it again, because it was an opportunity missed.

However, I'm pretty sure that Apple wasn't trading at $2 back in 2004. That is probably the split adjusted price.
This message has been modified
Originally posted on Jan 11, 2019 at 1:42:10pm
Message parent changed from https://www.cougarboard.com/board/message.html?id=21091746 to https://www.cougarboard.com/board/message.html?id=21091712 by on Jan 11, 2019 at 1:42:22pm
Message modified by Greg Kite's 'stache on Jan 11, 2019 at 1:43:17pm
Greg Kite's 'stache
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Greg Kite's 'stache
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