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If you put $2,000 into Micron $MU in 2010, you would be rich today.
Well...
Let’s play it out if you somehow did nothing & held until right now.
You would have about $3,250 by the end of 2015
and did nothing
Then watched that $3,250 climb to about $13,200 by the 2018 peak
and still did nothing
Then watched $13,200 get cut almost in half to about $7,300 in the late 2018 crash
and still did nothing
Then watched $7,300 rip to about $21,400 at the November 2021 peak
and still did nothing
Then watched $21,400 collapse to about $11,600 at the September 2022 bottom
and still did nothing
Then watched $11,600 explode to about $175,700 by right now
and for some reason finally decided to do something...
Then yes, $2,000 in Micron in 2010 would be worth about $175,700 today.
The lesson is the same.
Everyone fantasizes about the final number.
Almost nobody has the stomach to sit through the volatility to create that...