pezus said:
Damn, I think their website went down or something. It was just showing the stock charts for Apple (last 5 years) and Nintendo (last 5 years). I'll take a screenshot:
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That's not last 5 years for nintendo though, only last one year.
The problem with nintendo stock is that it's more volatile. It WILL go up, but it's nto a long term investment. It just doesn't have a whole lot of growth potential. Sure it can go up, but when all you make is a console and games, it's hard to really continue. The only way is to branch out, and that's something Nintendo is not very into. Whereas an investment into apple at 80$ could turn into 1000$, investment into nintendo at 20, could turn into 100, and then go back down to 20 once the console lifespan is up.
And the reason why some stocks are in the many thousands is because high price is a deterrent to volatility. The people that invest 10,000 are far more cautious investors than the people who invest 20$. The people that invest several thousand do so because they know it is going to go up. These investors are generally mutual funds, large companies, or professional traders, not people at home buying and selling all day.











