Did you buy and Hodl ????
Easier said than done.
AMZN stock price is now $ 1,447
I once owned 100 shares of Amazon.com but sold all before the dot com Bubble burst in 2000. At the time I thought I was very lucky to get out in time.
I bought and sold a few shares since 2001. Always afraid of another Bubble. Sometimes I sold for a loss ????
When Amazon first went public in 1997, its stock was priced at just $18 per share.
From that modest beginning, the online retail giant has seen its stock skyrocket, despite a rocky period during the dot-com crash. In fact, if you had invested just $100 in Amazon's IPO, that investment would have been worth nearly $75,000 by close March 29 2018 not adjusted for reinvested dividends.
Amazon peaked around $86 in 1999 then fell as low as $ 7 in 2001 before climbing back to $ 89 in 2007 then fell again to $42 in 2008 .... since 2008 it has soared from $42 to $1,616
Not easy to HOdl when it drops $100 every few months though.
If you had bought 1,000 shares of Amazon.com in September 2001 for $7.....
That $ 7,000 investment would now be worth $ 1,447,000.
Chart : http://www.macrotrends.net/stocks/charts/AMZN/prices/amazon-inc-stock-price-history
Read more: If You Had Invested Right After Amazon's IPO | Investopedia https://www.investopedia.com/articles/investing/082715/if-you-had-invested-right-after-amazons-ipo.asp#ixzz5BFchvhmT
It took 10 years after the correction before it started to take off. That's a LONG time to HODL!!!
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There is always opportunity ... just need to find them before they go up 1,000 %
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In a way, cryptos are much easier. Yes they are more volatile, but it takes less time for a correction to happen.
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Yes... you could have earned more investing in Steem for 1 year from .07 cents and selling at $8
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If you had bought 1000 shares of Amazon in 2008 though ....
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Thanks.... how do I remove their comment ?
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nice
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excellent information, nice post, thanks for sharing
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How do I remove them ?
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