Submit a question to our community and get an answer from real people.

If my grandparents made a \$1000 investment in Walmart In 1970 how much would it be worth today?

Report as

Well...When Walmart went public in 1970 the stock traded at \$16.50. Assuming they bought it at that price, then they could have afforded 60 shares of stock. The stock has had 4 - 2:1 splits since 1970, so now you would have 960 shares of stock, which today at the end of trade is closing at 69.14 per share...so you would have roughly \$66,374.00 from that original investment! Provided that you never took any of those shares off the table.

Report as

A lot

Report as

times 2

Report as

You would have some smart grandparents then. Well, \$1,000 then would be equal to over \$5,000 today just by inflation over 40+ years. You would also have to figure their net value at the time which I'm sure was much lower then, first because Wal-Mart hadn't yet grown to the proportion its at today so, \$1,000 would have been a much larger % of the company's stock. Say hypothetically, the company increased in volume 10 times. (It probably did even more since then) so would the investment at that locked in %, So \$10,000 then to top that off, inflation has increased the value of that old money at least 5X so that \$1,000 would be about \$50,000 in today's money.