Let us put it to you straight — because spending the same amount of money on Apple shares some years back could make you a millionaire today.
Kyle Conroy is a programmer who knows a thing or two about numbers (that, and he is extremely rajin) has listed down how much money you would’ve made if, instead of plonking your money into an Apple product, you opt to buy Apple shares instead. You will be amazed at how much money you could’ve made.
Currently, Apple’s stock is at an all time high. A share today is worth over 40 times its value just seven years ago. So, how much would you have today if you purchased stock instead of an Apple product?
If you used your US$5,700 to purchase Apple shares instead of a brand spanking new (circa 1997) Apple PowerBook G3, your shares would’ve been worth over US$330,000 today. That’s about RM971,000 at today’s exchange rate! If only we knew about this way back then.
Check out how much money you could’ve made on the various Apple products you’ve purchased throughout the years here.
