Hacker News new | ask | show | jobs
by justherefortart 3028 days ago
One of my bosses had a chance to buy 25k in Wal-Mart stock or bonds. He chose the bonds because they were less risky.

He sold his company for ~17m in the late 90s (so he did fine). In the early 2000s he asked me for stock advice since he kept blowing 60k on penny stocks. I said put 10% of your money on Apple. I'm not 100% sure what's going on but it seems to be a pretty good bet.

Wish I'd followed my own advice instead of doing my first self funded startup (2003). I made about 4-5x my investment. Didn't realize how paltry that would look compared to my Apple advice :-)

As someone that's on startup #8 (about to fire my partner). They're never easy, they are fun (and stressful at times).