Also interestingly, how much money you need to have to be able to invest 10K into a single risky investment. Realistically you would either have to be irresponsible or be quite comfortable already.
500K today is a very nice sum, but it is only life changing if you are in the category that would not have had the 10K to invest in the first place.
Re:Ways to save Apple (1997)
by BillFranklin on Friday May 01, 2015 @07:42AM
(#9470674)
Didn't Steve jobs sell 1.5 million shares in 1997? It caused a 12 year low in the company's stock price..
http://www.sfgate.com/business/article/Steve-Jobs-Confirms-A...
Re:Ways to save Apple (1997)
by adventured on Friday May 01, 2015 @12:15PM
(#9472495)
Jobs made several poor decisions around Apple's stock, including after he came back. A few choices cost him billions of dollars (which would now be tens of billions for his wife). Fortunately for him, money wasn't something that he obsessed over.
Re:Ways to save Apple (1997)
by microtherion on Friday May 01, 2015 @06:01PM
(#9474800)
You're talking about a guy who got in trouble for having his subordinates make up a fictitious board meeting to get a better strike price for his options.
http://www.forbes.com/sites/timworstall/2011/10/06/steve-job...
Buying AAPL in 1997 is as crazy as buying Blackberry today. The difference is Steve Jobs, but some people thought he was nuts too back in 1997.