Wednesday, February 02, 2005
Regret
I'm not the most financially gifted human being in the world. In fact, I like to say that since my uncle is a professor of international accounting and my mother is part owner of a business that manages pension plans, all the finance genes were used up in their generation and not passed down to mine.
But every once in a while, I pull off something completely genius, and I just have to toot my own horn. You see, I made an investment in a stock that has increased in value over 430% in the two years I've owned it (as of the date of this post). When I made the purchase, I told other people to buy what they could of this stock, because the value would surely go up.
The stock is Apple Computer, and I bought it at $15/share. Today it's trading at nearly $80/share.
So why am I not completely overjoyed about this? Why, instead, am I brooding and melancholy? Because, dear reader, when I purchased stock in Apple Computer two years ago, I purchased exactly one share. Yes, you read that right. Not 1000 shares, not 100 shares, not even 10 shares - 1 share.
Still, for those nay-sayers who didn't listen to me a couple of years ago, the laugh is on you. Instead of taking my advice and seeing you investment grow over 400%, you're still sitting with your paltry whatever it is that's probably floating around the market average right now. So I'll take my $65 and just sit back and chuckle at you.
Entire contents of this site © 2003-2008 Eriq Oliver Neale/Simultaneous Pancakes Media unless otherwise noted. I hate that I have to point that out...But every once in a while, I pull off something completely genius, and I just have to toot my own horn. You see, I made an investment in a stock that has increased in value over 430% in the two years I've owned it (as of the date of this post). When I made the purchase, I told other people to buy what they could of this stock, because the value would surely go up.
The stock is Apple Computer, and I bought it at $15/share. Today it's trading at nearly $80/share.
So why am I not completely overjoyed about this? Why, instead, am I brooding and melancholy? Because, dear reader, when I purchased stock in Apple Computer two years ago, I purchased exactly one share. Yes, you read that right. Not 1000 shares, not 100 shares, not even 10 shares - 1 share.
Still, for those nay-sayers who didn't listen to me a couple of years ago, the laugh is on you. Instead of taking my advice and seeing you investment grow over 400%, you're still sitting with your paltry whatever it is that's probably floating around the market average right now. So I'll take my $65 and just sit back and chuckle at you.
