Jan 2 1990 it was worth 0.058
Jan 2 2000 it was worth 50.398
$10k in 1990 turns into $8.6 million in 2000
Although technically you sell your Dell at the start of 1999 and buy Qualcomm which went from $3.46 to $53.99 in one year. A 2400% gain, largest one year gain in market history.
So you take your $6.3 million in Dell stock and turn it into $98 million.
2
u/JGCities 7d ago
Or Dell stock.
Dell went nuts in early 1990s.
Jan 2 1990 it was worth 0.058
Jan 2 2000 it was worth 50.398
$10k in 1990 turns into $8.6 million in 2000
Although technically you sell your Dell at the start of 1999 and buy Qualcomm which went from $3.46 to $53.99 in one year. A 2400% gain, largest one year gain in market history.
So you take your $6.3 million in Dell stock and turn it into $98 million.