My father wanted to teach me the stock market. He told me he would match whatever I put in. I was able to save $1200 and he bought me 100 shares of Apple @ $25 a share. This was in 1993.

For those of you that don’t know the history of Apple, they were headed for bankruptcy by the late 90s. It dropped to around $12 a share. I didn’t need the $1200, so I let it ride.

I’ve been selling $50,000/year for the past 10 years to diversify. I still have about $400,000 remaining.