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Money… Isn’t Investing wonderful?. A presentation on the returns of Master Collin Fox’s adventures in the world of investing. Amazon.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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Money… Isn’t Investing wonderful? A presentation on the returns of Master Collin Fox’s adventures in the world of investing.
Amazon.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
One year later • Number of stocks sold • 100 • Price of one stock of AMZN • 131.31 • Value of 100 stocks of AMZN • $13,131
Return on Investment • Starting Cash • $4970 • Ending Cash • $13,131 • Difference in Amounts • $8,161 + • Percent Increase • 164%
Certificates of Deposit • Money Invested • $5030 • Interest Rate • 2.07 • Date deposited • December 9, 2008 • Bank Invested In • Sovereign Bank
One year later • Value At Maturity • $5104 • Taxes • $33 • Income after taxes • $71
Return on Investment • Starting Cash • $5030 • End Result • $5101 • Difference in Amounts • $71 • Percent Increase • 1.4%
Stocks 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%
Increase of Total Investment • Investment At Start • $10,000 • Investment At End • $18,232 • Percent Increase • 82.32%
Final 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.
Acknowledgements 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.