That Apple stock you bought on May 1 (not even five months ago) for $10,000. It’s worth about $14,400 today. (The ten-grand would be worth $44,600 if you bought Apple stock with it when NewMexiKen first mentioned it in January 2005, when the iPod Shuffle and the Mac Mini were introduced.)
Oh, and the Google IPO shares you got for $10,000 three years ago August. Those 117.65 shares are valued at $65,882 at the moment.
So, did you buy the stock?
NewMexiKen’s role is to advise my seven readers of what they should have done.
Buying the stock would be a conflict of interest. 😉
(NewMexiKen believes the capital gains tax is unjustly low. As a protest I refuse to increase the value of my own personal investments.)
Good lord…Google is up to $560 today. I couldn’t buy that even if I wanted to!
Just for the record, Apple stock is just where it was two months ago, having regained the 18.75 percent it lost in August.
Google was at $496 during the “correction” five weeks ago, back up about 13 percent to $560 today.