WOW. 25,932.42% since 1992. So if you invested $100k in this...
WOW. 25,932.42% since 1992. So if you invested $100k in this 30 years ago & held that whole time, $62.5M would be your return. Investing $100k in $Microsoft(MSFT.US$ back in ‘86 would’ve yielded you a cool $309,796,320… $Tesla(TSLA.US$ is about half that much, at $195,792,050. Man oh man.. Must’ve been nice, selling at the top, right boys, selling lots at the top of that mega bubble?
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PandaMoo : Remember... consider the inflation, market situation, change of economy model...
$100k 30 years ago is almost like $226k+ (refer to some online value calculator across the years)
But to put it into more relevant perspective, u can buy a medium house in USA for ard 100-120k in big cities... but now at least ard 370++
(Thanks to correct me if I'm wrong)
So if you have spare money of 100k that time, most likely you will invest it on property. Make sense?
Nothing is too late.. some bubbles may happen in the short time, but will burst too soon if the fundamental is not good/strong.
Carla LeeOP PandaMoo: The market is a little bit volatile right now