Getting into a hot stock at its IPO price is one thing. Holding on through every gut-wrenching twist along the way is another thing altogether.What if you would have gotten in on bitcoin BTCUSD, +0.54% early? What if grandpa left you some shares of Disney DIS, +0.28% when you were a kid? What if Nike NKE, -1.74% , Coke KO, +0.59% and Microsoft MSFT, -0.
The answer to all those questions, as you can see by this chart form cost-estimating website HowMuch.net: I’d be loaded. Of course, getting allocated IPO shares of hot companies has historically been reserved for the deep-pocketed banking customers. And nabbing bitcoin at 5 cents and never selling it? Good luck with that. But you get the idea.
As for the data, HowMuch.net did not reinvest dividends, but did track the stocks through splits, mergers and acquisitions. “In short, you put $100 in at the IPO, and let it ride,” Raul Amoros wrote.Shawn Langlois Shawn Langlois is an editor and writer for MarketWatch in Los Angeles. Follow him on Twitter @slangwise.
I saw two Ferraris obtained as a result of bitcoin.
One of these things is not like the other
Trump is about to crash the dollar.
APompliano LongBitcoin 🚀🐐
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