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Should I sell or hold my Apple stock?
vanity | 7 August 2012

Posted on 08/07/2012 5:10:56 PM PDT by moonshot925

I bought 750 shares of Apple in April 2004 at $14/share.

I now have 1,500 shares because it split in February 2005.

Apple is now $620/share.

Apple is now paying quarterly dividends of $2.65/share.


TOPICS: Business/Economy; Chit/Chat; Computers/Internet
KEYWORDS: apple; stock
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To: moonshot925
You'll need more, depending on how long you think you'll live in retirement. Unless you think the Apple stock will lose value, it's your retirement nest-egg. You'd either sell it to reinvest it in a more diversified portfolio, or keep it in Apple stock in anticipation of it growing even more until you retire.

It's good that you have no debt and a secure home. You would need to think about what kind of income you need to sustain your lifestyle in retirement, once your salary/wage ends. If you have a pension coming, factor that in, too, along with expected social security payments. Then, your disbursement from the Apple stock will supplement that retirement income.

Also, you can think about what retirement might look like. Typically, in the first years your expenses may be higher because you are traveling more, or doing more hobbies and activities. In the next decade (?) your expenses go down because you're getting older and slowing down. Finally, your expenses go back up because your medical costs will go up in the last years.

If you don't have a pressing need for the money now, then put it away for when you need it later.

-PJ

41 posted on 08/07/2012 6:48:53 PM PDT by Political Junkie Too ( It doesn't come naturally when you're not natural born.)
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To: moonshot925

You paid $10,500 for something that is now worth $930,000 and you are wondering what to do?


42 posted on 08/07/2012 6:49:06 PM PDT by zeebee
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To: moonshot925

tough call. trade-offs re: capital gains and potential hikes weigh heavily.. but some predict it will go $1000/share or more .. good luck.


43 posted on 08/07/2012 6:52:29 PM PDT by NormsRevenge (Semper Fi)
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To: moonshot925

Are you single, I have a couple of granddaughters that are knock outs in the brains and looks department....


44 posted on 08/07/2012 7:27:59 PM PDT by goat granny
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To: moonshot925
Bulls make money. Bears make money. Pigs get slaughtered.
One approach would be to sell before the election and buy it back afterward. You will have to pay the capital gain tax, but then the change in cap gain tax rate won’t be as onerous.
Full disclosure: I am heavily long on AAPL, and I think I should probably my own advice.

45 posted on 08/07/2012 10:26:05 PM PDT by conservatism_IS_compassion (The idea around which “liberalism" coheres is that NOTHING actually matters except PR.)
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To: moonshot925
Sell as much as needed to get your initial investment back. Then sell half of the remainder and have one hell of a party.

Or better yet, use it to start laying in supplies of "beans, bullets and Band-Aids."

46 posted on 08/08/2012 7:32:46 AM PDT by Bloody Sam Roberts (As long a hundred of us remain alive we will never on any condition be brought under Obama's rule.)
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To: moonshot925; TigerLikesRooster; Whenifhow; Cincinatus' Wife; familyop; blam; 2ndreconmarine; ...
Just be glad you do not own Facebook ___ !

Facebook stock hits all-time low as insiders get chance to sell !

This stock should have been priced around $ 11 - $ 12 . . . LOL !

47 posted on 08/16/2012 11:02:31 AM PDT by ex-Texan (The Time to "Wake Up" is Over !)
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To: moonshot925; TigerLikesRooster; Whenifhow; Cincinatus' Wife; familyop; blam; 2ndreconmarine; ...
And corrupt insider trading yields $ 100 Million to bankers . . .

Facebook's Bankers Are Divvying Up The $100 Million They Made Shorting Facebook's Stock

48 posted on 08/19/2012 12:17:48 PM PDT by ex-Texan (The Time to "Wake Up" is Over !)
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