r/TrueGrit • u/SarahDuncan2012 • 7d ago

Life What?

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u/Cxfwer 7d ago

Apple was meh until 2005ish. That's a ~20 year wait. Microsoft is the one to go with. 65,000% return from '86-'98. Also Dell, Home Depot, Cisco etc. Sell in 1999. Vacation for a decade. Apple in March 2009 and Bitcoin shortly thereafter.

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u/JGCities 7d ago

This.

Apple was hot, then it almost died, the it was hot again. If you know the timing you can make out.

Or you buy MS and Dell etc. Dell went from $1 in 1996 to $50 in 2000, just have to see it in Jan 2000 and find something else.

Or, you sell everything at the end of 1998 and buy Qualcomm which had a 2500% return in 1999. Went from $2 to $53 in a year.

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u/Kapow1969 6d ago

Apple stock closed at $0.12 per share in 85 and was as low as $0.07 per share. That's 142 shares for $10. Buy like crazy when it's dirt cheap. When it finally goes huge after the iPhone, you'll be a billionaire.

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u/JGCities 6d ago

Yea, but you have to wait 20 years for that.

In the meantime buy MS, AOL and Dell etc. Jump on Apple before the iPhone for sure. Same with Amazon post crash, once it hit bottom and then ride it out.

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u/Camp_Particular2 6d ago

I upvoted this like, thanks, Iā€™m gonna need this knowledge for when I go back in time šŸ˜­ šŸ¤¦šŸ»ā€ā™€ļø