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Just for fun / boredom, if he was granted $100,000 worth of shares every year since 1997 and reinvested his dividends after they started paying out, he'd have s

Just for fun / boredom, if he was granted $100,000 worth of shares every year since 1997 and reinvested his dividends after they started paying out, he'd have somewhere near 800,000 shares today worth nearly $85 million.

hueving 10y ago
Holding onto shares you are granted is one of the most reckless things you can do financially. Whenever you are granted shares, ask yourself the following question. If you were given the equivalent amount in a cash bonus, would you use that cash bonus to buy stock in a single company? For every Apple example, there are 100+ cases where people held onto their shares and rode them right into company bankruptcy, at which point they lost all of their bonus AND their job.
- astrodust 10y ago
  The highway of failures in Silicon Valley is littered with burned out husks of companies. They should put up little memorials to them. You could reflect on these things while coming into the lobby. "Huh, Pets.com and Flooz both had office space here once..."
  - techdragon 10y ago
    Perhaps they could be a sort of memorial highway, every few miles "sponsored"/"in memorial of" a different dead company... so all the employees can be reminded what might await them at the the other end of their commute.
  - aptwebapps 10y ago
    Maybe an AR app with overlays of old signage ... makes me wonder if anyone's done much with AR with historical data. Could be neat.
Johnny555 10y ago
Does Apple give anyone that's not a senior executive nearly that many shares? If they do, I need to go return a recruiter call immediately.
- ajmurmann 10y ago
  Can anyone elaborate why this is getting downvoted?
- microtherion 10y ago
  It's absolutely within the range of possibility, even for an individual contributor.
tedmiston 10y ago
The best way to invest is with information you don't have until the future.
deleted 10y ago
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hueving 10y ago

Holding onto shares you are granted is one of the most reckless things you can do financially. Whenever you are granted shares, ask yourself the following question. If you were given the equivalent amount in a cash bonus, would you use that cash bonus to buy stock in a single company? For every Apple example, there are 100+ cases where people held onto their shares and rode them right into company bankruptcy, at which point they lost all of their bonus AND their job.

astrodust 10y ago
The highway of failures in Silicon Valley is littered with burned out husks of companies. They should put up little memorials to them. You could reflect on these things while coming into the lobby. "Huh, Pets.com and Flooz both had office space here once..."
- techdragon 10y ago
  Perhaps they could be a sort of memorial highway, every few miles "sponsored"/"in memorial of" a different dead company... so all the employees can be reminded what might await them at the the other end of their commute.
- aptwebapps 10y ago
  Maybe an AR app with overlays of old signage ... makes me wonder if anyone's done much with AR with historical data. Could be neat.

Johnny555 10y ago

Does Apple give anyone that's not a senior executive nearly that many shares? If they do, I need to go return a recruiter call immediately.

ajmurmann 10y ago
Can anyone elaborate why this is getting downvoted?
microtherion 10y ago
It's absolutely within the range of possibility, even for an individual contributor.

tedmiston 10y ago

The best way to invest is with information you don't have until the future.

deleted 10y ago

[deleted]