| ▲ | Hamuko 3 hours ago | |
I was under the impression that if you bought Cisco stock for $1000 during the height of the bubble, you'd have like $1500 now? | ||
| ▲ | nancyminusone 3 hours ago | parent | next [-] | |
Inflation calculator puts that 1k at a value of 1.95k today. Seems like a lousy 26 year investment. I guess it's better than putting it under your matress. | ||
| ▲ | rcxdude 3 hours ago | parent | prev | next [-] | |
I think it's more if you had invested in an index fund you'd be in a pretty good place. Individual companies would have a much larger range of outcomes (as ever). | ||
| ▲ | yxhuvud 3 hours ago | parent | prev | next [-] | |
Maybe, but 50% growth in a stock over 25 years is fairly bad. | ||
| ▲ | dragontamer 3 hours ago | parent | prev [-] | |
That's pretty good. I know people who bought Ask Jeeves at the height of the bubble. | ||