'I Own My House Due To AAPL'—Investors Share How Much Apple's Tim Cook Has Enriched Them

Benzinga and Yahoo Finance LLC whitethorn gain committee oregon gross connected immoderate items done the links below.

After Apple Inc. (NASDAQ:AAPL) announced precocious that CEO Tim Cook volition measurement down connected Sept. 1, investors are reflecting connected Reddit connected however the institution and its CEO helped crook tiny investments into homes oregon aboriginal retirement, portion others talked astir selling excessively soon oregon missing retired altogether.

Life-Changing Gains And Real-World Outcomes

“I ain my location owed to AAPL,” 1 capitalist summed up the impact. They said they enactment successful $10,000 and it grew to $60,000 successful astir 9 years. They past utilized that wealth to bargain a rental property, which aboriginal grew to $120,000 and helped them enactment a down outgo connected the location they unrecorded successful today.

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Others shared akin stories astir conscionable holding the banal and letting it grow. One idiosyncratic said they loaded up connected Apple shares and ended up retiring astatine 49, saying it gave them capable wealth to halt moving overmuch earlier than they thought they could.

Even smaller investments delivered meaningful returns. Some investors reported gains of 150% oregon more, though galore said they wished they had invested much oregon started earlier.

The information backs up these experiences. According to a caller Benzinga analysis, a $1,000 concern successful Apple erstwhile Cook became CEO successful August 2011 would beryllium worthy implicit $20,000 today, a summation of astir 1,924%, not including dividends. By comparison, the aforesaid concern successful the SPDR S&P 500 ETF Trust (NYSE:SPY) would beryllium worthy astir $6,000 implicit the aforesaid period.

That benignant of outperformance has made Apple 1 of the astir reliable semipermanent wealthiness builders successful the market.

Despite the occurrence stories, regret was a recurring taxable passim the discussion. Some investors pointed retired that aboriginal sellers missed retired connected monolithic gains, with 1 commenter noting that holding onto shares could person turned humble investments into millions.

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Still, others pushed backmost connected that mindset. “You put with an extremity end successful mind,” 1 idiosyncratic wrote. “At the extremity of the day, enjoying beingness is much important than looking astatine numbers grow.”

Debating Tim Cook's Legacy

Not everyone agreed connected however awesome Apple's maturation has been nether Cook. Some investors successful the Reddit thread argued that portion Apple grew astir 13 times successful worth during his tenure, different tech companies delivered adjacent larger returns.