This week was historic for the stock market, because Apple became the first company in the history of the United States with a market cap of one trillion dollars.
This means that over the last 37 years, Apple has created a tremendous amount of wealth for its shareholders. Were you one of them?
If not, let’s play one of my favorite games…“what if?”
What if you made very little money, and all you could save every month was $10? And what if you wanted to invest in Apple when it went public at $22 a share?
At the end of 12 months, you would have $120 to buy as many shares of Apple as you could buy. On a given year, you’d be able to buy 2 to 5 shares depending on the price.
The total amount you would have invested over 37 years would be $4440.
If you reinvested any dividends you received, the value of your investment today would be over $500,000.
And that’s only based on an investment of $10 per month!
It doesn’t take into account your receiving raises and other additional income over time and being able to invest more. Imagine if you’d doubled or tripled your monthly investment to $20 or $30. In that case, you could be looking at $750,000 or $1,000,000.
* The Stock Market is For Everyone, Eric Milton’s short guide to stock market investing for beginners, is available in e-book and paperback formats. If you like what you see on this blog, we hope you’ll take a moment to purchase and read the book, let us know what you think via a blog comment or Amazon review, and share this information with others! Thank you. *