Your Best Investment Ever
 

I was just thinking about a stock purchase i never made (goto.com in 2000). i talked and talked about how i needed to buy the stock, and i never pulled the trigger. i even wrote up a little report on the company/business and gave it to a few friends who subsequently bought the stock. it was a slam dunk and, due largely to laziness, i missed it.

So I can live through others who have actually pulled the trigger on something good...

What was your best investment ever? it can be a stock, or a home (though this is kind of boring), or a baseball card or an antique desk, whatever. return on ivestment as a percentage would be good to know, but dollar figures would be even better.


[I'm counting on you $16k warren buffet guys for some great answers]

Re: Your Best Investment Ever
 

The $50 I put in Party [Censored].

Re: Your Best Investment Ever
 

Well aside from pok*r which I've had a 900% return on investment in my first year. That is also a time investment, not just money so I guess it's not the same.

The only other monetary investments I've made have been 401(k) started last year and has only gotten me about +3% thusfar, and a mutual fund I bought 6 years ago that has averaged a little over 2% over the last 6 years.

I suck at investing!

Re: Your Best Investment Ever
 

this is not a poker question, obviously. didn't think i would need to state that in OOT.

Re: Your Best Investment Ever
 

[ QUOTE ]
I was just thinking about a stock purchase i never made (goto.com in 2000). i talked and talked about how i needed to buy the stock, and i never pulled the trigger. i even wrote up a little report on the company/business and gave it to a few friends who subsequently bought the stock. it was a slam dunk and, due largely to laziness, i missed it.

So I can live through others who have actually pulled the trigger on something good...

What was your best investment ever? it can be a stock, or a home (though this is kind of boring), or a baseball card or an antique desk, whatever. return on ivestment as a percentage would be good to know, but dollar figures would be even better.


[I'm counting on you $16k warren buffet guys for some great answers]

[/ QUOTE ]

You should also allow investments whose return is measured in utility.

For instance, my John Deere mower w/bagger was an awesome investment, from a utility standpoint. (just an example...jeez)

My money grip which has utility approaching infinite now, since I was able to rid myself of my Costanza wallet.


Financial investments:
I dabbled in daytrading for a while, and bought a 'penny stock' that increased in value over 1200% before I sold.
In 2 days.

Re: Your Best Investment Ever
 

What is the ticker for goto.com?

Re: Your Best Investment Ever
 

[ QUOTE ]
What is the ticker for goto.com?

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I was wondering the same thing. I was also wondering whether any of his friends got out before the stock came crashing down. It doesn't seem to exist anymore. Maybe the stock got bought out by a larger company. Based on the look of the goto.com website, it can't be worth very much.

Only link I could find.

EDIT: Found another one, dated 8/21/00. Nice sure thing, there. Perhaps not buying was the OP's best investment?

http://www.geocities.com/tehbrick/goto.jpg

Link

Re: Your Best Investment Ever
 

The $10K I spent on my wife's engagement ring.

(cue schmaltzy Hallmark music)

Re: Your Best Investment Ever
 

The $2.99 I spent on a deck of Hank Williams Jr. playing cards. I have not and will not resell these but they are easily the best investment I have made.

Re: Your Best Investment Ever
 

[ QUOTE ]
What is the ticker for goto.com?


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Evan - It has now been absorbed into Yahoo. It was, at the time GOTO, then switched to OVER. Haven't looked at a chart in a while, so don't know what info is currently available.


It was founded by Bill Gross/Idealab and was one of their only businesses that actually was a business. The pay per click advertising model has proven to be second, perhaps only to ebay as a pure-play consumer related web business/industry and has thrown the entire advertising world on its ear.

google had no idea how to monetize search until they decided to knock off this idea. paid search now accounts for the huge majority of their revenue.