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I've Owned Netflix Stock for 22 Years -- Here's My Journey and What I've Learned

One Fool.com contributor has owned the streaming giant since the beginning.

By Matt Frankel, CFP and Rick Munarriz – Aug 1, 2024 at 6:17AM EST

Long-time Fool.com contributor Rick Munarriz has owned Netflix (NFLX +0.96%) stock since its early days as a mail-order DVD rental service. He still owns some of his shares, but admittedly sold much of his investment too early. Here's what he's learned from the past 22 years as a Netflix shareholder and why he's still holding on to some of the stock today.

*Stock prices used were the morning prices of July 23, 2024. The video was published on July 25, 2024.

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About the Author

Matt Frankel, CFP
Matt Frankel, CFP, is a contributing Motley Fool stock market analyst specializing in the real estate and financial sectors. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, Globe St, The National Desk, and other TV networks and publications for his real estate, financial, stock market, and investing expertise.
TMFMattFrankel
X@MattFrankelCFP

Matt Frankel has no position in any of the stocks mentioned. Rick Munarriz has positions in Netflix. The Motley Fool has positions in and recommends Netflix. The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Netflix Stock Quote
Netflix
NASDAQ: NFLX
$103.03
(+0.96%)+$0.98

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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