A blogger buddy of mine, PK from Don’t Quit Your Day Job (DQYDJ), is not only smart enough to be able to understand complex financial concepts/statistics, but he is also able to program calculators and interactive programs around that data. All in all it looks like he has 30+ different interactive programs ranging from investment calculators to personal finance studies. Well, a while ago he created the most depressing and inspiring investment calculator I have ever played with. Using this program will first cause you an insane amount of frustration and pain, only to leave you inspired! Who hasn’t asked themselves the question:
How Much Would I have If I Invested in A Particular Stock Years Ago?
This bastard of a calculator will tell you how much your investment account would be worth if you were smarter and more disciplined. It answers the age old question – how much would my position in a particular stock be worth if I invested $X and kept reinvesting all the dividends and adding $Y (if you so choose) every month/year.
I am 33 years old so it is unrealistic for me to look into anything other than a 10 year horizon. Very few college kids out there with an investment portfolio. They exist, but they are rare. So So 10 years ago I was in law school, and while money was tight, I am sure I could have come up with $100 to start and $100 a month thereafter.
What if I invested in Disney 10 years ago:
$100 to start and a $100 month would be worth over $42,000!
What if Invested in CAT 10 Years Ago:
What if I invested in AAPL 10 Years Ago:
What if I invested in MSFT 10 years ago:
What if I invested in JNJ 10 Years Ago:
Consumer staple JNJ would have even produced $22,000!
While you obviously can’t turn back the clock the calculator should make inspire you to start investing! Decide on your investment style and run with it.