Re:Ask HN: What's been your best investment?
by strongai on Tuesday September 26, 2017 @01:41PM
(#15340902)
Round about 1998 I worked in software pre-sales, and visited ARM in Cambridge, UK to try to convince them to buy our software. They didn't. My bad. But the guy I met was so ecstatic that they had just had an IPO, I bought £3K's worth of ARM stock on the back of his infectious enthusiasm. Over the next few months they rose to ... £140K but my greed held no bounds and the inevitable happened as the dot com boom boomed. I got out at +£20K but still rue my poor decision making. Of course, had I held for the long term, I would have made a lot more.
Re:Ask HN: What's been your best investment?
by Finnucane on Tuesday September 26, 2017 @01:28PM
(#15340768)
Our house. We were in a position to buy during the crash (which was a little scary--I was working a temp job that ended the day we closed). Later we could refi the loan at 3.5%. Now about half the cost of renting in this neighborhood.
edit: typo
I owned a substantial amount of AMD when it was around $2 a share. Sold when it was around $2.50. I think it's around $13 now...