MAN BOUGHT $200 WORTH OF APPLE SHARES WHEN IT WAS $0.43 OVER 20 YEARS AGO
Singapore Uncensored·2024-03-27 12:03
A man shared a story about how he bought apple shares over 20 years ago and his initial investment of about US$200(SGD$285) became part of his retirement fund.
He earned about US$70,000 (SGD$100,000) after he sold it in 2022.
My most successful long-term, buy-and-hold investment. I bought a small part of Apple’s share when it was around $0.40 to $0.45 in 2001.
It’s value increased a few years later and my friends was telling me to sell it. But I did not. Most of my friend sold it and they regret to this day.
Initially I was selling it after it raise a bit and selling if after it falls but it all changed.
I’ve bought AAPL a few times now, and every time, I make a killing over a few months and think “Okay, I’m getting out and I’ll buy back in when it falls.” And then it doesn’t fall, for years. Finally I said screw it, and I’m going to just leave a bit in AAPL for the long haul. If I want to play prices, I’ll open a second position.
So I had around US$200 worth of Apples shares and I eventually forgotten about them and I continued with my day job.
When the iphone came out, again my friends was telling me to sell it but i did not.
I just sold it earlier this month in September 2022 for $150 a share. I made almost SGD$100,000 after commissions.
Sometimes it’s worth it to trust your gut and go for it. This is going to addon to my retirement fund.
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Balance View 29/03/2024
Apple Coy have lost their Super Star status after Hauwei overtook the Top Sell from China this year, and will lost China market share fast in next two yrs. Same Fate as Samsung phones 💩
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sct 29/03/2024
Man needs to sell the shares in order to reap the profits, otherwise it is just paper gains. Nonetheless I think it is unlikely for Apple shares to dip south in the near future.
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Don Quan 28/03/2024
it is indeed wise to buy the shares of giant tech companies [THUMBUP]
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rush1111 28/03/2024
I wonder really how many people can do that unless they don't look at the price
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Blund 31/03/2024
Good for him… 赞👍!Congratulations!!!
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