Friday, March 9, 2018

A $10,000 bet on Amazon in the market bottom 9 Decades ago Could be worth $250,000 Now

A theoretical bet on Amazon at the stock market exactly the bottom of the financial crisis would’ve made courageous investors plenty of money.

Investors who put $10,000 in Amazon on March 9, 2009 — if the S&P 500 reach its closing low during the financial crisis — would have $250,000 today. Amazon, which closed at $60.49 per discussion on March 9, 2009, has climbed more than 2,000 percent since then. On Thursday, the stock closed at $1,551.86.

The post A $10,000 bet on Amazon in the market bottom 9 Decades ago Could be worth $250,000 Now appeared first on Retailnewsfeed.com.

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