Not sure what it's like to invest in technology companies? Here are a few facts:
- If you invested $5,000 in Apple on April 11, 2003, your investment would now be worth $340,906.50 as of February 27, 2013. A 5800% increase. However, since September you would have watched your Apple investment decrease 38% from its peak.
- If you invested $100,000 in RIM (Blackberry) on July 20, 2007, your investment would now be worth $5,729.59 as of February 27, 2013. A 94% decline.
- In many cases, you can watch your investment go down to 0.
Be careful what you wish for. Technology stocks aren't always the romance they are made out to be.
I have always been so afraid of investing in these types of stock...so have just stayed away. Better safe than sorry!
ReplyDeleteThis seems way too unpredictable for me!
ReplyDeleteOne can expect considerable expenditures on research and development in technology companies as they are associated with innovation and invention.
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ReplyDeleteEquity Tips