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Why Apple Stock Is Better Investment Than a House
CNBC.com | March 06, 2012 | 04:21 PM EST

Warning: This article may cause you to a punch a hole in your drywall.

In 2002, if you had purchased Apple stock instead of putting the same amount of money into a house, you'd have almost $10 million right now.

That’s based on analysis by TradeMonster.com co-founder Jon Najarian, who took various common assets purchased in our lifetime, like a house, and priced them in Apple terms.

For example, the typical American home cost $228,000 in 2002, according to U.S. census data. With that money, you could have bought 18,704 shares of Apple at their price a decade ago of $12.19 a share.

Today, that home is worth $280,000 and that Apple holding is worth $9,969,232.

“This extreme exercise is not to show people how ‘dumb’ they were, but rather to illustrate how people put too much into their home a decade ago and that maybe they should have diversified their wealth over more asset classes,” said Najarian.

“Right now we should be asking ourselves, 'What will be the most inflationaryasset of the next decade? And how much money should I put towards it,’ ” Najarian added.

“It was Apple and gold over the last ten years, but now will it be Facebook?” said Najarian, a “ Fast Money ” contributor.

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