alt Hacker NewsI was under the impression that if you bought Cisco stock for $1000 during the height of the bubble, you'd have like $1500 now?
Replies
rcxdude • today at 4:05 PM
I think it's more if you had invested in an index fund you'd be in a pretty good place. Individual companies would have a much larger range of outcomes (as ever).
yxhuvud • today at 4:23 PM
Maybe, but 50% growth in a stock over 25 years is fairly bad.
dragontamer • today at 3:54 PM
That's pretty good.
I know people who bought Ask Jeeves at the height of the bubble.
Inflation calculator puts that 1k at a value of 1.95k today. Seems like a lousy 26 year investment. I guess it's better than putting it under your matress.