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-   -   One of my first stock investments in 2001 quadrupled in price! (https://gfy.com/showthread.php?t=585525)

chadglni 03-11-2006 04:15 AM

One of my first stock investments in 2001 quadrupled in price!
 
It's now worth a whopping $52.95!

Ahahah, back in 2001 I decided I was going to get into the stock market. I set up an account at sharebuilder which lets you invest in partial shares for a flat fee regardless of how many different stocks you want to invest in. I picked out 10 or 12 different stocks and set my account to invest $165 / week. Well after the first week I decided I wanted to trade with a real time broker so I could play with daytrading and abandoned my sharebuilder account. I had forgotten about it until a minute ago when someone was asking about stocks.

Anyhow check this out...

12/18/2001 BUY ORDER POSTING 0.5546 JBHT ($13.00)

I invested $13 into JB Hunt which bought .5546 shares. Almost 4 and a half years and 2 stock splits later I now have 2.2184 shares worth $52.95. I've also been getting .01 and .02 etc dividends from multiple stocks for the past 4 years and have $3.37 in my money market account from that. Damn I wish I had told them to auto re-invest dividends.

I was such a noob. :1orglaugh :1orglaugh :1orglaugh

woj 03-11-2006 06:02 AM

good job :thumbsup

chadglni 03-11-2006 06:07 AM

Quote:

Originally Posted by woj
good job :thumbsup

In 22 years I can afford to hire you again.

candyflip 03-11-2006 07:31 AM

This is some good reading.

I don't believe it but I don't doubt it. If you know what I mean.

http://www.rense.com/general13/walmart.htm


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