20 years ago, on this day, a small etailer went public. A little known book store with a few million in revenue, was listed at $18 a pop.
If you had $18 lying around and purchased a stock on that day (ignore commission for a minute), it would be worth a whooping $11,500 today.
The stock split three separate times, so one share became two, became 6 and eventually 12.
If you were crazy enough to make a $2,000 bet on amazon 20 years ago, and never sold a single share - you would be an amazon millionaire. That $2,000 would be worth $1,277,300 today. The interesting part is that the stock still has some more room to grow.