Ok... Thanks for the history lesson..
Wish I would have bought a couple shares of Coca Cola when it first came out on the stock market. Wasn't born yet but still... PAID if your grand parents did and handed them down to you...
CHECK -
One Share of Stock Now Worth $9.8 Million -- Is It Really Possible?
Adam J. Wiederman
Aug 14th 2012 10:40AM
Updated Aug 15th 2012 11:10AM
The back of Coca-Cola's (
KO) proxy statement recently stopped me in my tracks.
It declared that just one $40 share of the company's stock bought in 1919, with dividends reinvested, would be worth $9.8 million today.
Yup, $9.8
million. That's quite a feat. But could an investor today replicate a similar scenario?
http://www.dailyfinance.com/2012/08/...orth-millions/