{"id":316,"date":"2009-12-29T10:08:30","date_gmt":"2009-12-29T17:08:30","guid":{"rendered":"https:\/\/www.tungsai.com\/blog\/?p=316"},"modified":"2009-12-29T10:08:30","modified_gmt":"2009-12-29T17:08:30","slug":"can-i-pick-em","status":"publish","type":"post","link":"https:\/\/www.tungsai.com\/blog\/?p=316","title":{"rendered":"Can I Pick &lsquo;Em?"},"content":{"rendered":"<p>In 1997, I took an \u00e2\u20ac\u0153Engineering Economics\u00e2\u20ac\u009d course. This was one of the best courses I ever took, because what it REALLY taught had nothing to do with Engineering; it had to do with MONEY and INVESTING. During this class, we had a project in which we would pick $5,000 worth of company stocks and see how they went.<\/p>\n<p>If I had actually invested $5,000 in those stocks, they would now be worth (You ready for this?) <strong>$9436<\/strong>. That\u00e2\u20ac\u2122s nearly double!<\/p>\n<p>Now, before I tell you what companies I had pretended to invest in, let me say that two of them are now out of business, the third has lost Two-Thirds of its original value. So what were they?<\/p>\n<p>American Trans-Air (Gone)   <br \/>Gateway Computers (Gone)    <br \/>Advanced Micro Devices (Lost 2\/3 value)    <br \/><strong>Apple Computers<\/strong> (Yep! The Winner!)<\/p>\n<p><strong><font size=\"4\">Apple was $22.19\/share in 1997. Now it\u00e2\u20ac\u2122s $209.79. I would have made about $4,436 over 12 years, or a 188% increase. I think.<\/font><\/strong><\/p>\n<p>\u00e2\u20ac\u00a6But, given my previous history of ACTUALLY buying stocks, going from $1,000 to Zero, I\u00e2\u20ac\u2122d say my genius is still in question.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 1997, I took an \u00e2\u20ac\u0153Engineering Economics\u00e2\u20ac\u009d course. This was one of the best courses I ever took, because what it REALLY taught had nothing to do with Engineering; it had to do with MONEY and INVESTING. During this class, we had a project in which we would pick $5,000 worth of company stocks and&hellip; <a class=\"more-link\" href=\"https:\/\/www.tungsai.com\/blog\/?p=316\">Continue reading <span class=\"screen-reader-text\">Can I Pick &lsquo;Em?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-316","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"https:\/\/www.tungsai.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tungsai.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tungsai.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tungsai.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tungsai.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=316"}],"version-history":[{"count":0,"href":"https:\/\/www.tungsai.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/316\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.tungsai.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tungsai.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tungsai.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}