The Bigger Meaning Of $10,000 Invested In Amazon Twenty Years Ago
Key takeaways
- Policy The Bigger Meaning Of $10,000 Invested In Amazon Twenty Years Ago By John Tamny,
- But for exponentially more, it’s the stuff of heartache.
- Implied in a $10,000 investment increasing in value to $1.4 million is that no one saw it coming.
Policy The Bigger Meaning Of $10,000 Invested In Amazon Twenty Years Ago By John Tamny,
RICHMOND, CALIFORNIA - JUNE 21: The Amazon Prime logo is displayed on the side of an Amazon delivery truck on June 21, 2023 in Richmond, California. The Federal Trade Commission (FTC) sued Amazon alleging that company has deceived millions of customers into signing up for Prime subscription services and intentionally complicated the cancellation process. (Photo by Justin Sullivan/Getty Images)Getty Images If you bought $10,000 worth of Amazon shares in 2006, your investment would be worth over $1.4 million today. You can stop reading now, or maybe not.
Wayne Duggan at U.S. News & World Report calculated the above stat. For some it’s the source of awe. For others it’s the source of glee. But for exponentially more, it’s the stuff of heartache. If only they’d held on.