I averaged in over late 2001 and my buy price evens out to $9.258/share.
Certainly wasn't over $100 until the iPod came out and took off. Apple was a "niche company" and at best an under performer in 2001. A little luck and some fortuitous reading I got in at a good price.
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Epsilon Renntech
2003 Astra SRi-T - The Phantom
EMTRON ECU
Borg Warner EFR7163 & EFR9180
Tuned by Scott @ Insight Motorsports
*BTM* Opel Astra SRi 2.2L
"As a final incentive before giving up on a difficult task, try to imagine it successfully accomplished by someone you violently dislike"Originally Posted by glider
K. Zenios
Wouldn't u need like a few thousand shares to make any real money off them?
SSS_Hoon
......all that work and still not enough killer wasps, So i'm in the hunt for more.....
Life Is A Bitch, Death Is A ****, That Comes For Everyone, When It Comes For You, Your Completely ****ed
"Soon to be adding to the family with a itty bitty bubby"
Let's say gman bought 500 shares @ 9.25 a share - $4625 Investment ( Quite reasonable ) in 2001
They are now worth $154750.
Gman did you just purchase 15 percent of channel 10
The 15% Packer bought cost him approx $250 Million...He asked for a loan but I turned him down...Sounded too much like a trip to Crown Casino..
I bought "enough" Apple shares to make it a nice little earner
Last edited by gman; 21st October 2010 at 10:19 AM.
Epsilon Renntech
2003 Astra SRi-T - The Phantom
EMTRON ECU
Borg Warner EFR7163 & EFR9180
Tuned by Scott @ Insight Motorsports
I regret not buying Google shares 10yrs ago or Apples for that matter....however what confuses me, who the hell is going to buy their shares now at $300 a piece. High share prices are like a double-sided sword, good for your investors and bad for securing future investment.
You got romance. You got the boots. So, I just gotta ask. Can I get in your pants?
Hedge funds..Long only funds...Super/Pension funds...Instutional Investors...High net worth individuals...
Ma and Pa Kettle investors would only buy a few here and there so they can say they have them and put their money somewhere seemingly safe...
Epsilon Renntech
2003 Astra SRi-T - The Phantom
EMTRON ECU
Borg Warner EFR7163 & EFR9180
Tuned by Scott @ Insight Motorsports
rocking the share market at 15 hey born
2013 Ford Focus ST
Calibra - The only car that will institutionalise you and send you broke in the mean time
a high share price doesnt mean its going to perform less than a share 1/10 th in value
people will buy a share no matter what the unit value if they like its fundamentals and think its a good buy
take berkshire hathaway for example. its currently trading at US$124,461 per share (not a typo, that really is one hundred and twenty four thousand dollars just for one share) and had you of held it for the last 12 months you would have made a tidy 25% profit on your initial investment
*BTM* Opel Astra SRi 2.2L
"As a final incentive before giving up on a difficult task, try to imagine it successfully accomplished by someone you violently dislike"Originally Posted by glider
K. Zenios
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