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I bought at about $20... and sold at about $100... heh... in hindsight, that’s even more painful.
by qubex 9y ago
I bought at about $20... and sold at about $100... heh... in hindsight, that’s even more painful.
- ssharp 9y agoThat doesn't sound so dramatic unless you're talking about pre-split prices :) AAPL split in 2 in 2005 and had a big 7:1 split in 2014. Pre-2005 unadjusted prices are 14x! I do remember the days of $10-20 AAPL in 2003/4 when I first started using Macs. Personally, I got out during the 2008 3Q crash and missed out on the huge recovery, somewhere in the 9x range on those shares from when I sold to what they're worth today :(
- qubex 9y agoI went though the first split, so that $100 is actually equivalent to $200, and that is literally why I chose to sell: I thought to myself ”the market price is now ten times higher than when you purchased, don’t be greedy, take the nine-fold windfall and be content”. It was sound advice to have from one’s own counsel, but... in hindsight I’ve regretted it ever since, it just makes me cringe.