Our middle son has been investing in Apple stock for years. At the moment he's only holding something over 100 shares, but a couple of years ago, he pulled most of his profit out and used it to buy a house in L.A. Of the shares that he's currently holding, their cost basis is around $60/share so he's at a solid 3X price increase, to say nothing of the dividends which he automatically reinvests, buying additional shares.
My family doctor, who retired about the same time I did, had also been buying Apple shares back when it was selling for about $25/share (pre-split), and from what he alluded to me once, he must be sitting a few million dollars about now.
OCU
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