If you had invested $10,000 in Intel 27 years ago, you'd still have... $10,000 today.
Do you still think crypto is volatile?
The Art of Investing
4 months ago in #waivio by notable (57)
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If you had invested $10,000 in Intel 27 years ago, you'd still have... $10,000 today.
Do you still think crypto is volatile?
To be fair, I don't think this chart is adjusted for stock splits. I believe that INTC has split 2-1 like 5 times in the last 27 years, so you would have more like $320k today. Of course you would have a lot more if you bought bitcoin in 2012...
You’re right, this chart doesn’t factor in stock splits. Since February 1997, Intel has undergone three 2-for-1 splits, so a $10K investment back then would now be worth around $80K.
https://companiesmarketcap.com/cad/intel/stock-splits/
If we adjust for inflation, that initial $10K in 1997 would be equivalent to about $19K in today’s dollars. So, overall, the investment has experienced roughly 4x growth over the last 27 years.
Potentially, we should also account for dividends paid during this period of time.
Thanks for bringing this up!