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What Amazon's insane 49,000 percent gain can teach you about investing
What Amazon's insane 49,000 percent gain can teach you about investing
http://i.amz.mshcdn.com/8uzI01ds2zVw...7bb97061f4.jpghttp://a.amz.mshcdn.com/assets/feed-...8be198fb13.jpghttp://a.amz.mshcdn.com/assets/feed-...6a4ca77139.jpg On top of free two-day package delivery, Amazon has been delivering for shareholders. The company recently marked 20 years as a publicly traded company and made headlines for its astounding 49,000% return since its 1997 initial public offering. Starting at $1.96 per share (adjusted for stock splits), the stock recently crossed*$1,000. This 41% annual growth rate would have compounded a modest $1,000 investment into nearly a half-million dollars over two decades. Amazon’s returns are phe**menal, and the situation offers some key lessons on*how you might profit on the next big stock. Read more... 1. Amazon’s success is rare — and **t obvious More about Amazon, Investing, Work Life, and Businesshttp://feeds.feedburner.com/~r/Mashable/~4/1MMdT4HDaWI |
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