Over a year ago, Disneyland closed its gates because of the pandemic. Not only did the park close, but it put an end to the Disneyland Annual Pass. As it reopens today, details of the new annual pass program have not been made publicly available.
While everyone is waiting for the new pricing, I wondered what would have happened if I took the price of annual pass and invested it. During the course of the pandemic, stocks were not the only thing that made the news. Cryptocurrency became popular, with Bitcoin (and Doge) making news.
So, I looked up the historical price of each of these coins, along with Disney Stock and calculated what it would worth had I purchased when the park closed and sold my "investment" when tickets went back on sale.
The day after the park closed, here is the closing value of each of these investments:
Wow! These are some impressive gains.
Good: Disney went from $95.80 to $188.09 (196% gain)
Better: Bitcoin went from $5,002.58 to $63,075.20 (1261% gain)
Best: Doge went from $.0016 to $0.12 (7575% gain)
Wish a fairy godmother can send me back in time so that I can invest in at least one of these investments. Correction, I wish I took the amount for the Premier UP ($2199) pass and put it in Doge. I would be going to both Disneyland and Walt Disney World ($166,574.25).
So, here's the takeaway. Besides having a savings account, you should probably look at adding stocks and cryptocurrency as part of your savings portfolio for the long run. Making money quick is nice, but had I made these investments and just chilled during the pandemic, I'd have a bit of fun when things reopen.
Since I am in no rush at the moment to head out to the Happiest Place on earth, I am going to do a little exploring with okcoin who recently announced that of Doge is now available on their platform. Feel free to click on my personal referral link, https://www.okcoin.com/join?channelId=600009913, and when you deposit or trade $100, okcoin will provide another $10 in Bitcoin. Who knows, that $110 investment at $.3238 price for Doge (as of this writing) , will end up being worth $335.06 when Doge hits $1.