28.7 C
Singapore
Wednesday, July 2, 2025
Ads

MAN BOUGHT $200 WORTH OF APPLE SHARES WHEN IT WAS $0.43 OVER 20 YEARS AGO

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.

Advertisements

He earned about US$70,000 (SGD$100,000) after he sold it in 2022.

Here is the story:

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.

Advertisements

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.

Advertisements
- Advertisement -
- Advertisement -
Latest News

WOMAN PLAY BF’S KKJ LIKE TRUMPET BUT HE REFUSE TO EAT OYSTER CAUSE SMELL LIKE CHEESE

Boyfriend doesn’t like eating me out.I (f20) have been with my boyfriend (21m) for 5 years. We have a...
- Advertisement -