﻿ Google Stock: How Much You Would Have Now If You Invested \$1000 Just 10 Years Ago

# Google Stock: How Much You Would Have Now If You Invested \$1000 Just 10 Years Ago

/ 02:09 AM January 14, 2019

Let’s take a look at Google stock: how much you would have now if you had invested \$1,000 just 10 years ago. The simple answer that you would have increased your money by a factor of 13.72, give or take a few pennies. This is a fascinating question, so let’s examine the situation a little more closely.

### Initial Offering

Google stock (ticker symbol: GOOG) was offered at \$85 per share. This price was determined using a Dutch auction, which is a way to find a share’s price by beginning with the highest asking price and lowering it until it’s at a level where the bids received will cover the shares being offered. A Dutch auction is used to prevent a company from being forced to sell shares at outrageously low prices.

But what would you have paid for the stock if you would have bought it ten years ago?

### The Stock Market News of Ten Years Ago

Ten years ago, shares of GOOG closed at \$156.62 on January 5, 2009, which was the first day of trading for the first full week of the year. That means that if you bought \$1,000 worth of the stock you would be in possession of 6.385 (rounded to three decimal places) shares and some change.

### More Stock Market News From 2014

The first stock split occurred on March 27, 2014. If the stock split would have been a nice and simple 2 for 1 split, then our job here would be nice and easy. However, instead of doing a 2 for 1 split, the company did a 2002 for 1000 split.

Okay, this makes the math quite a bit more difficult but not impossible. This means that your 6.385 shares magically became 12.783 (rounded to three decimal places) shares.

But wait there’s more! If you examine the stock market news of the next year, you’ll see that Google wasn’t done splitting its stock. Maybe they thought the first split was just too much fun to do it one time, so they decided to do it again.

### Yet Even More Stock Market News From 2015

This second split of Google’s shares happened on April 27, 2015. This time they wanted to have a seriously cool splitting party, so they used some really complex numbers.

Brace yourself and get your calculator with lots of decimal places because the second split of GOOG was a 10,027,455 for 10,000,000 split. Yeah, I know, that’s a lot of digits, so let’s roll up our sleeves and do the math.

After this second split, the 12.783 shares you own was increased to 12.818 shares. It turns out that this split wasn’t quite as profitable as the first one.

So now we’re done with the splits, so let’s calculate what your shares are worth right now.

### The Price of Google Stock at the Beginning of 2019

Shares of GOOG closed on January 10, 2019 at \$1,070.33. A little bit of quick math and we discover that your shares are now worth…

\$13,719.49

That’s not a bad ROI. In fact, it’s quite an amazing example of how money that is wisely invested can give you a great deal of wealth.

### So Where Do We Go From Here?

Will Google stock continue to be a good place to spend your hard-earned investment dollars? Is the company fairly priced now, or is it in bubble territory? In order to answer these questions, it would be smart to take a look at what the future holds for this company.

If you follow the latest stock news, then you know that the company is expanding into many areas that hold exciting potential for not only future technology, but also for even more future profits. These areas include personal assistants, phones, and entertainment. All of these new endeavors make Google look even more attractive.

The Google Assistant is a fantastic new application of cutting-edge technology that can perform tasks that would have been considered to be science fiction only 30 years ago. This new creation offers so many new avenues, both practical and commercial, that it would be impossible to list them all. However, there’s even more to love about Google when you take a look at the phones being created by this amazing corporation.

The Pixel 3 and the Pixel 3 XL are phones created and sold by Google. They are some of the most innovative phones now on the market. One of the reasons for this is the miraculous night vision features that its camera has. It can take high quality pictures in very low levels of light.

However, the new phones by Google also have a neat feature that allows you to screen your calls by transcribing what the caller is saying in real time, so you don’t have to answer the phone unless you read something the caller is saying that lets you know that it is an important call. How’s that for practical innovations?

### So When is it a Good Time to Buy?

Don’t buy all of your position at once. Like Jim Cramer and many other stock market news personalities will tell you, “Nobody is that good.”

Break up your purchases into bite-sized chunks, so you can get a lower average price. This way, if you buy too early into a large downturn, you can average down knowing that the price is going to be higher in the future.

### Conclusion

Google stock is a great investment, and all of the stock market news about this equity is overwhelmingly positive, including all of latest facts and figures about it’s new technological releases that are just now coming into play and will become much larger factors in the future.

So it would seem sensible to jump on the bandwagon if you can find room.

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