Could Buying Apple Stock Today Set You Up for Life?

If you bought Apple (NASDAQ: AAPL) stock 10 years ago and held on, you'd be a pretty happy investor. Over the past decade, the stock has generated a nearly 800% return. As a result, a $50,000 investment would be worth about $450,000 today.Apple is a tremendous story. The company was once on the brink of bankruptcy only to become one of the largest companies in the world. Now you may think given Apple's current size that the stock won't be able to turn in the same type of performance as it has the past decade. However, there are a few things to keep in mind.One is that Apple's 10-year performance came when it was already the largest company in the world at the start of this period. Second, all of this outperformance occurred years after founder Steve Jobs had passed. With that in mind, let's look to see if an investment in Apple can set you up for life. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool