Did you buy Microsoft stock in 1988?
Some did. They or their kids they left their money to are doing quite well now.
1988 – buy it for $.10 per share – say 10,000 shares – write that check to the broker and send it by mail (not email) and that totals $1,000.
And today it’s worth $657,000.
So mom and dad or smart young man invested $10,000 (like those in Silicon Valley) in 1988 and what do they have now, $6,570,000.
Then there’s the guy who sold the house with his wife screaming at him (they divorced) and he put $100,000 into MSFT. He’s now worth $65,700,000. He just let it sit, well, kinda, he borrowed enough 10 years ago from it to buy that yacht.
Which leads us to feeling sorry for people.
Woe is the rich dude that screams at the barista for giving it double latte rather than half caf triple half latte.
So sad. Yea I sorta feel sorry for the barista too, but hey that’s part of the job.
Oh and their health insurance went up under Obabacare and they make $127,000 per year. Next year they will get a raise, making $145,000 per year.
That’s why we all voted for trump. To make these sad people happy again.
It’s all so sad.
Feature image snapshot from http://www.msn.com/en-us/money/stockdetails/fi-126.1.MSFT.NAS on January 27, 2017 @ about 12:38 pm pacific time