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Registered User
Joined: 8/12/2005
Posts: 1
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Hi there!
If I was smart enough to invest $5000 in Cisco stock in 1990 and the %change being now 46175.00, how much money would I have made. What is the function of the %change; how does it affect my investment?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I really can't tell you for sure. If you don't count things like dividends, fees, and taxes, a $5000 investment with a 46175% total change over the investment period would be worth $2308750. I'll move this to Stock and Market Talk where other traders will be more likely to see it and comment.
-Bruce
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Registered User
Joined: 1/1/2005
Posts: 35
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I read in one of William O'Neil's books that had you put something like 4 gran in CSCO stock back in the early 90's...you would have made nearly 250 million dollars had you sold it at the very peak in the late 90's. That's a quarter of a billion. CSCO had the greatest run in market history. That is unlikely to happen to any of us...but it does show that anything is possible with Wall Street.
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Registered User
Joined: 8/21/2005
Posts: 8
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The real question to ask is how much an original 5000 dollars worth of CSCO would be now if you had the misfortune to buy it on 3/28/00 when it was $77.88/share. The answer is $1166.54 less commissions. The good news is, at least you wouldn't owe any capital gains tax. The bad news, that's pretty much what happened to me, except I sold it about two years ago for low twenty-something and change. Talk about calling the anti-top. I've learned a lot since then.
Jefferson
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