2 ms·
If you look at the long term (10 years) and just bought and held a common consumer company, the gains are impressive. 10 Years Amazon - 1,367% Apple - 90
by nodesocket 9y ago
If you look at the long term (10 years) and just bought and held a common consumer company, the gains are impressive.
10 Years
Amazon - 1,367%
Apple - 907%
Google - 265%
Microsoft - 126%
Intel - 71%
Coke - 65%
Ford - 42%
- lend000 9y agoThere were a lot of other common consumer companies 10 years ago, too, like Sears. It's always easier in hindsight. I've been struggling with this problem in terms of picking my "blue chip" stocks to backtest -- my gains are impressive, but I doubt it was so obvious that these were blue chip stocks 10 years ago, or that these same blue chip stocks would be considered blue chips in 10 years.
- jomkr 9y agoYou've just cherry-picked companies that have performed well, you could easily have MySpace instead of GOOG.
- mobilefriendly 9y agoOr General Motors instead of Ford, and you'd have lost the entire investment in 2009.
- nodesocket 9y agoMyspace was never public. Go back into your bunker with gold bars.