Showing posts with label Technology. Show all posts
Showing posts with label Technology. Show all posts

Feb 27, 2013

Investing in Technology Companies: Prepare for a Roller Coaster Ride


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.