A father bought Microsoft stock for his son in 1992: Three decades later, he can’t believe what happened
The former White House communications director made a life-changing investment - but wasn’t aware of it until 30 years later.
Some gifts age better than others. Back in 1992, while the world was gearing up for the launch of Windows 3.1 and gamers were killing time with Wolfenstein 3D and the original Mortal Kombat, one father made a decision that would quietly grow into a financial masterstroke. He invested $1,200 in Microsoft stock for his son - a gesture that seemed symbolic at the time, but turned out to be a game-changer… three decades later.
Son’s birthday shares soar in value
The story, reported by outlets like GameStar and Benzinga, centers on Anthony Scaramucci, former White House communications director and now a seasoned investor. In a recent interview, Scaramucci - who’s earned serious “Dad of the Year” credentials - revealed that he bought the shares for his son in the early ’90s and, through sheer forgetfulness, never sold or touched them. Decades later, when he finally checked the account, he was stunned to find it had ballooned to over $300,000.
The secret? Compound growth, reinvested dividends, and stock splits. In 1992, Microsoft shares were trading for around $13. Today, they’re north of $350. Add in years of dividend payouts and stock bonuses, and you’ve got a return that feels like something out of a financial simulator. According to tools like DividendChannel, a $10,000 investment in Microsoft back in the ’90s could be worth more than $14 million today. Even Scaramucci’s relatively modest investment turned into a life-changing windfall.
It begs the question: which companies today could be the Microsoft of 2058? Are we truly looking ahead, or are we still caught up in the hype of the moment? One thing’s for sure - Microsoft’s story isn’t just a case study in tech innovation. It’s a masterclass in long-term financial vision. The train may have left the station, but it’s never too late to learn from the ride.
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