Apple
When the Apple iPhone 3 came out in 2009, I was still working. My colleague bought it from US and had it jailbroken so that she could use it in SG. When I was playing around with it, I was thinking... "Wow this is cool. Everyone will want one of these. Apple stock will soar." I went to check Apple stock price USD35.
I didn't do anything about it.
Current price USD157
% Gain = 449%
When Facebook IPO-ed, I was pretty interested. Everyone was using FB.
I think it opened at USD38. Everyone was using it, but I was skeptical of whether FB could effectively monetize their business. Then FB dropped to $18. And in my mind I was thinking... Heng ar...
One again, I didn't do anything about it.
Current price USD170
% Gain = 447% (against IPO cos that's when I was most interested in it.)
Bitcoin
I was looking at Bitcoin a year or 2 back. I remember that it was all the rage. I did some research on what it is and how it works and what it represents. I was thinking... Ok, this is quite interesting. It COULD be the next big thing. It was trading at around USD450 at that point in time.
Then I went to find out how to buy it... it wasn't too easy to buy Bitcoin at that time.
Then Mt Gox collapsed. That used to the the biggest Bitcoin exchange.
Bitcoin fell to around $350, and once again I thought "Heng ar..."
Current price USD5,911
% Gain = 1,314%
***OUCH***
I do think about it... Of course I could have lost money in these investments.
But maybe I should have just put a couple of bucks into these investments.
You know... Just maybe $10,000 each. That's not TOO much. It's one of those investments that is high risk high return.
If I had bought just $10k worth they would be worth...
Apple $44,900
Facebook $44,700
Bitcoin $131,400
Over $200k on a $30k investment.
I do take this as a lesson. If I have conviction in a stock and I think that the service that it provides is going to be popular to the general global population, I should just throw in some funds in that direction. Doesn't have to be a lot. $5k-$10k. That's all that's needed. Any losses won't be felt by much, but the gain would greatly aid my overall AUM.
There's no point holding back on $5k-$10k and miss out on big returns.
So I'm making a mental note of this and hope I don't ever forget it.
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