best stock picks
Lately I have been monitoring stocks mainly for fun. I think it takes at the least $10k to make some money. Otherwise its not worth the risk. I read that a few different places. Today I was looking at a few different stocks that went up a huge amount. Back in 2004 seemed to be a good time to shove some money in stocks. The best stock pick then was probably apple. You could buy it for 10.00/share. I personally remember seeing it for 20.00/share. They were in trouble at one point. Microsoft gave them some help.
Today the price per share is $177.00. It was as high as 200.00 share.
So if you were to invest 100,000 you would get 10,000 shares. You would be worth 1.7 million from this investment. Not too bad. I see how warren buffet got so rich. It only takes maybe 10 trades like this and your super rich. Even $1,000 would be $17,700. Not a bad return for 1,000 bucks.
One of warren buffets best investments was coca cola. Back in 1987 the stock market was at one of the lowest points in history. He was loading up with coca cola. A billion dollars worth in total. This investment later became worth 8 billion. This just shows its mostly about timing and when to get in.
My dads cousin has a really rich aunt. She got her money from the stock market. One of her brothers made a fortune after the great depression recovered. She had a huge house in Beverly Hills. He was given enough money to buy a house and college paid for.