Furry
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When I got power of attorney over my mom and looked into her finances, at least you outperformed the 0.25% CDs she'd been holding for 20 years... barely.
Investing General Discussion
- Thread starter Furious
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Borzak
Silver Baron of the Realm
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Till the day she died my grandmother would often say she wish CD's would go back around 20%. Of courwse when you grow most of your food and work at home in a house you owned for 25 years by then. She did not keep buying and holding CD's for long, but for a short while she loved them.
I inherited some stocks decades ago. I had to go to a broker and have the actual certificates changed over. At least they were still actual companies. I remember used to be a joke someone inherited some stocks to companies that no longer existed and had went down kind of like Enron.
I inherited some stocks decades ago. I had to go to a broker and have the actual certificates changed over. At least they were still actual companies. I remember used to be a joke someone inherited some stocks to companies that no longer existed and had went down kind of like Enron.
Cad
scientia potentia est
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Yes many people harken back to the glorious economic times of the early 80's when double-digit inflation made things like CD's at 20% possible.
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Too bad they didn't put it in Apple and forget.. looks like it was around $0.13 - $0.20 vs. today's price considering all splits. Over 1000x gains.
Its funny how Gump shows early investment in Apple by Lieutenant Dan as being some sort of life changing event... but the reality is all they could have gotten was like 5x at best in that time frame. Insane that anybody that watched that movie shortly after release - if they got inspired and naively invested any decent chunk of money in the few years after it released and held... would have been the real life-changing winners with Apple.
Its funny how Gump shows early investment in Apple by Lieutenant Dan as being some sort of life changing event... but the reality is all they could have gotten was like 5x at best in that time frame. Insane that anybody that watched that movie shortly after release - if they got inspired and naively invested any decent chunk of money in the few years after it released and held... would have been the real life-changing winners with Apple.
