All articles tagged with #apple stock
NFL star Rob Gronkowski made a successful investment in Apple stock at age 25, turning an initial $69,000 into over $600,000. Despite having little investment experience, Gronkowski followed advice from his house contractor and benefited from Apple's significant stock growth. Known for his financial discipline, Gronkowski lived off endorsement money during his NFL career, ensuring financial security post-retirement.
NFL legend Rob Gronkowski made a highly successful investment in Apple stock, purchasing $69,000 worth on the advice of his contractor while building a house in 2014. Initially unfamiliar with stock investments, Gronkowski forgot about the purchase for over two years, during which time the value more than tripled. He sold a portion of the stock, and his remaining investment has grown to over $600,000, marking it as his best financial decision.
NFL legend Rob Gronkowski made his best-ever investment by purchasing $69,000 worth of Apple stock in 2014 on the advice of his contractor. Initially unfamiliar with stocks, Gronkowski forgot about the investment, which more than tripled in value to $250,000 within two and a half years. He sold a portion and retained the rest, which has now grown to over $600,000. Despite his party-boy image, Gronkowski has been financially prudent, living off endorsement deals and investing wisely.
The odds of two more Fed rate hikes this year are increasing as markets anticipate a key inflation report. The stock market had a mixed session, with financials and industrials leading the way. Nike reported mixed earnings, while Apple received a new Street-high price target. The PCE inflation report is due out, following a series of strong U.S. economic reports. Dow Jones futures were little changed after hours.
Despite the recent troubles of SVB Financial, which kicked off the latest round of stock market woes, the tech sector has remained resilient. The Nasdaq Composite has jumped more than 4% over the past five trading days, while the tech-stock index has climbed nearly 16% year to date, compared with just over 3% for the S&P 500. This has been good news for Apple stock and the rest of big tech.