Download - Money… Isn’t Investing wonderful?
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Amazon.comAmazon.com
Money invested $4,970
Date invested December 9, 2008
Type of Investment Stocks
Number of Stocks Purchased 100
Price of One Stock $49.70
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One year laterOne year later
Number of stocks sold 100
Price of one stock of AMZN 131.31
Value of 100 stocks of AMZN $13,131
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ChartChart
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Return on InvestmentReturn on Investment
Starting Cash $4970
Ending Cash $13,131
Difference in Amounts $8,161 +
Percent Increase 164%
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Certificates of DepositCertificates of Deposit
Money Invested $5030
Interest Rate 2.07
Date deposited December 9, 2008
Bank Invested In Sovereign Bank
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One year laterOne year later
Value At Maturity $5104
Taxes $33
Income after taxes $71
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Return on InvestmentReturn on Investment
Starting Cash $5030
End Result $5101
Difference in Amounts $71
Percent Increase 1.4%
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Stocks Vs. CDsStocks Vs. CDs
Money Made in Stocks $8,161
Money Made in CD $71
Percent Increase of Investment in Stocks 164%
Percent Increase of Investment in CD 1.4%
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CD vs. StockCD vs. Stock
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Increase of Total Increase of Total InvestmentInvestment
Investment At Start $10,000
Investment At End $18,232
Percent Increase 82.32%
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InvestmentInvestment
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Final ThoughtsFinal Thoughts
Stocks are risky, but I proved that sometimes living on the edge pays. Literally.
Even considering we were on an economic down turn, I would not put money in an CD as an actual investment unless I really can’t afford to lose money at that point in time.
I would definitely invest in stocks again, that much money is too much to walk away from and never invest again.
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AcknowledgementsAcknowledgements
Thank you Mr. U for letting me know I can make thousands of dollars while sitting around.
All information is from wikipeadia, the company’s official website, or yahoo finance.