Rob Gronkowski, considered one of the best tight ends (offensive) of NFL history, tells its story with AAPL action. A stock market success which brought him millions of dollars. Thanks Apple.
The advice of a lifetime
Former NFL star Rob Gronkowski recently revealed that his best financial investment was purchasing Apple (AAPL) stock. He started this investment in 2014 and has built on it over the past 10 years, now calling it “the best investment ever.”
He said Apple’s stability and continued growth make it a wise choice for any investor. Gronkowski retired in 2022 after twelve years as a professional American football player, during which time he accumulated millions of dollars from his salary. He invested much of that money in Apple stock. A quick analysis of the data shows that AAPL has increased by 1000% between 2014 and today. Thus, one million invested in 2014 is worth around 11 million euros today. To date, we can only agree with him.
Known for his careful management of his money, Gronkowski stands in stark contrast to the stereotypes often associated with professional athletes. According to several studies and reports, approximately 60% of NBA players experience financial difficulties within five years of the end of their career. For some, this even means ruin. This eye-opening figure further highlights Gronkowski’s wise choices from the start of his career.
AAPL $$$
For the record, he says that at the time, it was the person who was building his house who kept advising him to invest massively in Apple. After the fiftieth recommendation, he decided to ask his financial advisor to start with $69,000. Two years later, that $69,000 had turned into $250,000. It was the start of a long love affair with Apple stock. As of today, he still owns $600,000 worth of AAPL stock.
