Just $1,000 Invested In Amazon Gets You $500K

May 15, 2017
J. Webster
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The thing with these things, the only if you just invested in Amazon or Apple or Google ten or twenty years ago, is that could you have actually kept the money in the stock market for that long? Could you have had the patience to wait and just leave the money alone..? Could you have been able to watch Amazon’s stock rise and sink and then double and just keep going higher and then lower again through the dotcom collapse and the Great Recession, and then higher once again? That’s impossibly hard.

It’s probably the hardest thing about investing, period. It’s the thing, perhaps false, but where investors who forgot they had invested in the stock market get the best returns. I don’t know, just how many people have bought a stock and let it run and run and run. Seen it double and triple and so on but didn’t even login to their TD Ameritrade account to see how much richer they were. I’d wager not that many can do it.

It almost seems like a fake headline. Like a trick. Just put $1,000 in the stock market and you’ll almost become a millionaire in twenty years. But it’s true. I’ve you’d bought $1,000 worth of Amazon stock back in 1997 you’d have over $500K today. That’s a lot of money.

If someone with a crystal ball or like in the movie Back to the Future told you how much Amazon’s stock would be in 20 years, you still wouldn’t be able to wait that long.

Investing for the long term, making huge returns as a stock doubles and triples is just hard. Well, it’s easy, as in you don’t have to do anything but forget, but that parts really hard, the forgetting part. Forgetting you own a stock almost is what great investors do…perhaps.

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