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If you invested $666.66 (original price) in 1976 into the S&P500, you would have about $22k today. $87k if you invested it in the NASDAQ. In conclusion I will b
by kennywinker 5y ago
If you invested $666.66 (original price) in 1976 into the S&P500, you would have about $22k today. $87k if you invested it in the NASDAQ. In conclusion I will be putting all of my money into weird first-generation devices from now on.
- ecolonsmak 5y ago-first-generation devices_ any recommendations?
- kennywinker 5y agoI was joking, that's the wrong conclusion. The math does not actually work out. Taking the low estimate (S&P500): 400k/22k = 18x multiplier. So, worst-case scenario, you'd need 1 in 18 devices to pay out that well to break even. Closer to 1 in 5 if you take the larger (NASDAQ) number.
- BitwiseFool 5y agoI'd love to see some webapp that calculates how much your Apple shares would be worth if you bought stock equivalent to the purchase price of that Apple product. I think it'd be pretty fascinating to see how much my shares would be worth if I bought stock instead of a 2nd generation iPod.
- robterrell 5y agoClose to what you're asking for: https://conroy.org/apple-stock https://conroy.org/apple-stock