Tradelines that post 407-801-1295

Tag: Personal Finance

Did You Invest $10,000 in Starbucks (SBUX) IPO in 1992?

I recently read an article written by Motley Fool that mentioned that a $10,000.00 investment in Starbucks (SBUX) when it went public in 1992 is currently worth about $2.8 million dollars as of May of 2010. That is an impressive return of 28,000.00% over 28 years or 1,000.00% per year. The article had such an impact on me that I decided to research how realistic this scenario could be.

Based on inflation $10,000.00 in 1992 is equivalent to $18,772.00 in 2020.

Review of Rich Dad Poor Dad By Robert Kiyosaki

Rich Dad Poor Dad is one of the most popular personal finance books ever written. I have an interest in personal finance and I have always been aware of the book through various media outlets, however, I have never read or listened to the audio book until now. I have a short attention span so the thought of reading a 207 page book is overwhelming. This Review is based on listening to the audio version of the book.

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