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To: Enlightened1

Dang I wonder what the stock would be worth if you bought it in 2008?


4 posted on 08/06/2017 12:30:45 PM PDT by wyowolf (Be ware when the preachers take over the Republican party...)
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To: wyowolf

Well, just to pick a day at random, AAPL closed at $23.01 on 18 April, 2008.

AAPL closing price on Friday 4 August 2017 (last Friday) was $156.39, which is a factor of X 6.8, or 580%, over a period of 3395 days, which is 9.30 years.

This gives a compound annual growth rate (CAGR) of 22.9%, which is very, very good.

Over the same period, the DJIA advanced at an annual rate of 5.82%


6 posted on 08/06/2017 12:46:37 PM PDT by Steely Tom (Liberals think in propaganda)
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To: wyowolf
Oh — I should have added — AAPL prices I quoted are adjusted for the 7:1 split that happened on 9 June 2014.
7 posted on 08/06/2017 12:49:04 PM PDT by Steely Tom (Liberals think in propaganda)
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To: wyowolf

I bought at $22 and I still have it


10 posted on 08/06/2017 1:02:42 PM PDT by cmsgop ( The left always accuses the right for the sins of the left. from FReeper Just Lori, RIP)
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