What Would Your 2007 $1,000 Netflix Investment Be Worth Now?
????A random and rare day off with nothing on your to- do list.????Most of us would probably sit back, grab a remote, and run straight to Netflix.
????In fact we’re probably going to stream Beyonce’s new film, Homecoming !????But as much as we love this streaming giant, how many of us thought to invest back in 2007 when Netflix started streaming?????According to CNBC, if you invested $1,000 dollars as early as Jan 15, 2007, today your money would now be worth more than $110,000.????That’s a whopping return of about 10,000%????And that’s considering how the stock took a slight fall of about 1% after the company released their first quarter- earnings.????I don’t know about you, but I need to go find the next big thing that will be worth my $1000 investment.??
As subscription video-on-demand services have gained enormous up-take with consumers, traditional cable companies feel threatened enough to launch their own takes on the online bundle. But what if, for..