Can you recall the last time a memory from years ago popped into your head?
Often, these memories are cringe-worthy, like that regrettable comment you made on a first date that ruined the atmosphere. Or perhaps it’s an oversight, like forgetting the oven was on and nearly causing a fire.
In most cases, these past actions don’t result in financial gain.
However, NFL great Rob Gronkowski encountered a remarkably different scenario.
In 2014, he took the advice of his home builder and invested $69,000 in Apple stock.
Better known as Gronk, he admits to Fortune that he had ‘no idea’ what he was doing at the time, saying, “I [had] never been involved in stocks. I really didn’t know how stocks work. So I was like, ‘All right, let me do this, man.'”
Although this was a hefty sum for most, it was a minor gamble for Gronk.
During his career, the tight end amassed millions, including a six-year $54 million contract with the New England Patriots, who have multiple Super Bowl victories.
The investment slipped his mind until about two and a half years later, when he finally remembered.
Considering his $45 million net worth, it’s easy to see how he could forget.
Upon reviewing his investment, Gronk discovered his money had more than tripled to $250,000. Today, it’s valued at over half a million dollars, adding a nice increase to his wealth.
Gronk recounts: “Now to this day, I have over $600,000 in Apple stock, all because of the investment I made in 2014 having no idea what I was doing, but just listening to the guy that built my house here in New England.”
He clearly appreciates the financial guidance he received.
Gronk adds: “Let me tell you, he built my house, and he gave all the money back to me by telling me to invest in Apple.”
Despite not being well-versed in stocks, Gronk has always been careful with his finances.
Throughout his 11 NFL seasons, he accumulated an impressive $70 million in salary. Yet, as noted in his 2015 autobiography, It’s Good to Be Gronk, he chose not to spend any of it.
Instead, he relied on endorsement earnings from brands, which are believed to be worth tens of millions of dollars.
His off-field endorsements have included companies like Dunkin’ Donuts, T-Mobile, and USAA.