Today is the 20th anniversary of when I bought stock in a little company called Amazon.com.
My ROI is 67,015.33%!
A 20 year anniversary
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Bob Juch
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A 20 year anniversary
I may not have gone where I intended to go, but I think I have ended up where I needed to be.
- Douglas Adams (1952 - 2001)
Si fractum non sit, noli id reficere.
Teach a child to be polite and courteous in the home and, when he grows up, he'll never be able to drive in New Jersey.
- Douglas Adams (1952 - 2001)
Si fractum non sit, noli id reficere.
Teach a child to be polite and courteous in the home and, when he grows up, he'll never be able to drive in New Jersey.
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silverscreenselect
- Posts: 24669
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Re: A 20 year anniversary
Bored gurus may recall a conversation I had a few years back with BIT in which we debated the merits and value of Amazon as a company. He took the position that their quarterly profits weren't as high as they should be, while I noted the way the company was expanding into hitherto unknown realms for any retailer.Bob Juch wrote:Today is the 20th anniversary of when I bought stock in a little company called Amazon.com.
My ROI is 67,015.33%!
I'm curious what the stock price was then and now.
Check out our website: http://www.silverscreenvideos.com
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Bob Juch
- Posts: 27132
- Joined: Mon Oct 08, 2007 11:58 am
- Location: Oro Valley, Arizona
- Contact:
Re: A 20 year anniversary
I bought it at $18 and a few cents per share. It split 2:1, 3:1 and 2.1 in the first couple of years so I have 12 times the number of shares. I remember our conversation. It was around 400 then.silverscreenselect wrote:Bored gurus may recall a conversation I had a few years back with BIT in which we debated the merits and value of Amazon as a company. He took the position that their quarterly profits weren't as high as they should be, while I noted the way the company was expanding into hitherto unknown realms for any retailer.Bob Juch wrote:Today is the 20th anniversary of when I bought stock in a little company called Amazon.com.
My ROI is 67,015.33%!
I'm curious what the stock price was then and now.
It closed at 1,006.73 today.
I may not have gone where I intended to go, but I think I have ended up where I needed to be.
- Douglas Adams (1952 - 2001)
Si fractum non sit, noli id reficere.
Teach a child to be polite and courteous in the home and, when he grows up, he'll never be able to drive in New Jersey.
- Douglas Adams (1952 - 2001)
Si fractum non sit, noli id reficere.
Teach a child to be polite and courteous in the home and, when he grows up, he'll never be able to drive in New Jersey.
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Estonut
- Evil Genius
- Posts: 10495
- Joined: Sat Oct 13, 2007 1:16 am
- Location: Garden Grove, CA
Re: A 20 year anniversary
Not until you sell it.Bob Juch wrote:Today is the 20th anniversary of when I bought stock in a little company called Amazon.com.
My ROI is 67,015.33%!
A child of five would understand this. Send someone to fetch a child of five.
Groucho Marx
Groucho Marx
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TheConfessor
- Posts: 6462
- Joined: Mon Oct 08, 2007 1:11 pm
Re: A 20 year anniversary
That's about a 38% annual return. Pretty good if you can keep that going for 20 years.Bob Juch wrote:I bought it at $18 and a few cents per share. It split 2:1, 3:1 and 2.1 in the first couple of years so I have 12 times the number of shares. I remember our conversation. It was around 400 then.silverscreenselect wrote:Bored gurus may recall a conversation I had a few years back with BIT in which we debated the merits and value of Amazon as a company. He took the position that their quarterly profits weren't as high as they should be, while I noted the way the company was expanding into hitherto unknown realms for any retailer.Bob Juch wrote:Today is the 20th anniversary of when I bought stock in a little company called Amazon.com.
My ROI is 67,015.33%!
I'm curious what the stock price was then and now.
It closed at 1,006.73 today.
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Pastor Fireball
- Posts: 2622
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Re: A 20 year anniversary
He's giving you a hint, Bob. Now would probably be a good time to cash out. Well, not right now because it's 1:40 AM on a Saturday and the markets don't open again until Monday morning... but you know what I'm talking about. You can afford to quit at a 67,000% profit. Hell, last year, I sold all of the HP stock I bought while I worked for them many years ago after a net 40% profit and I was thrilled.Estonut wrote:Not until you sell it.Bob Juch wrote:Today is the 20th anniversary of when I bought stock in a little company called Amazon.com.
My ROI is 67,015.33%!
"[Drumpf's] name alone creates division and anger, whose words inspire dissension and hatred, and can't possibly 'Make America Great Again.'" --Kobe Bryant (1978-2020)
"In times of crisis, the wise build bridges. The foolish build barriers." --Chadwick Boseman (1976-2020)
"In times of crisis, the wise build bridges. The foolish build barriers." --Chadwick Boseman (1976-2020)
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Estonut
- Evil Genius
- Posts: 10495
- Joined: Sat Oct 13, 2007 1:16 am
- Location: Garden Grove, CA
Re: A 20 year anniversary
Wrong, as usual. All I meant was that ROI cannot be calculated until there is a return. There is no return until there is a sale.Pastor Fireball wrote:He's giving you a hint, Bob. Now would probably be a good time to cash out. Well, not right now because it's 1:40 AM on a Saturday and the markets don't open again until Monday morning... but you know what I'm talking about. You can afford to quit at a 67,000% profit. Hell, last year, I sold all of the HP stock I bought while I worked for them many years ago after a net 40% profit and I was thrilled.Estonut wrote:Not until you sell it.Bob Juch wrote:Today is the 20th anniversary of when I bought stock in a little company called Amazon.com.
My ROI is 67,015.33%!
A child of five would understand this. Send someone to fetch a child of five.
Groucho Marx
Groucho Marx
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Bob Juch
- Posts: 27132
- Joined: Mon Oct 08, 2007 11:58 am
- Location: Oro Valley, Arizona
- Contact:
Re: A 20 year anniversary
Nope, I have a stop loss order in just in case, but I'm not planning on selling until I'm dead.Pastor Fireball wrote:He's giving you a hint, Bob. Now would probably be a good time to cash out. Well, not right now because it's 1:40 AM on a Saturday and the markets don't open again until Monday morning... but you know what I'm talking about. You can afford to quit at a 67,000% profit. Hell, last year, I sold all of the HP stock I bought while I worked for them many years ago after a net 40% profit and I was thrilled.Estonut wrote:Not until you sell it.Bob Juch wrote:Today is the 20th anniversary of when I bought stock in a little company called Amazon.com.
My ROI is 67,015.33%!
I may not have gone where I intended to go, but I think I have ended up where I needed to be.
- Douglas Adams (1952 - 2001)
Si fractum non sit, noli id reficere.
Teach a child to be polite and courteous in the home and, when he grows up, he'll never be able to drive in New Jersey.
- Douglas Adams (1952 - 2001)
Si fractum non sit, noli id reficere.
Teach a child to be polite and courteous in the home and, when he grows up, he'll never be able to drive in New Jersey.