Top stories today:

1. Netflix leads in subscribers that stay for 6+ months

2. Apple Bump

3. Boomers Property Costs

Netflix leads in subscribers that stay for 6+ months

Apple Bump

One stock that’s likely to be in focus on this auspicious day is Apple, which looks to be staging somewhat of a rebound in China. A report today showed iPhone shipments rose 52% in April amid a flurry of discounts from retail partners, continuing its comeback from a woeful start to the year. Apple rose 2.2% in pre-market trading, the equivalent of about $60 billion.

‘Lucky’ Boomers reveal how much their first property cost them

$82,000 in 1985

“[I’m] lucky to have that house now 40 years later, otherwise I wouldn’t be able to afford to buy a house at all,” she said.

$180,000 in 1991

Another Aussie shared he bought a three-bedroom house in Ryde for $180,000 back in 1991. He estimated it was now worth around $3 million.

$56,000 in 1984

Another man said he bought his first property in Melbourne for $56,000 in 1984. He then sold that in 1992 to accommodate his growing family and bought another bigger property for $300,000, where he still lives today.

“It’s probably worth over $2 million now and we’ve got 30 odd years, nearly 40 years out of it and growing up with it with younger kids,” he said.

$28,000 in 1976

One couple shared they paid just $28,000 for their first property 48 years ago and were able to put down a 30 per cent deposit.

$45,000 in 1985

Another Aussie man shared he bought his first property for $45,000 in 1985 while he was working in the defence force.

“It was still seen as a fairly substantial amount of money back in those days considering income and the like,” he said.

“For us, it was quite a deal of money considering interest rates were I think by memory somewhere around 13 to 14 per cent,” he said.

If you found this newsletter interesting please let us know by tweeting us @ https://twitter.com/InvestingKoala

And share it with a friend that would add to our community 😄