Apple, FaceCrook, Amazon, Alphabet (Google) comprise the top 4 of the S&P 500 ... which comprise many index funds
This is the time to get in on the ground floor.
Wish I’d have been in on Kodak
The Chinese slaves are so proud.
Good for me
Apple’s current run started in 2003 with the successful opening of the iTunes store.
I’ve been long AAPL for 12.5 years, and it’s been “berry, berry good to me.” Hard to believe in now, but at one time I was looking at pretty substantial loss on the stock (down like >25-30%, I think). I remember going to a GOP campaign event around Oct 2008, and a guy I knew said, “What do you think about Apple as a stock?” I remember telling the guy, “I like it. Buy. This iphone is really taking off.” The stock was around $90 (~ $13 split-adjusted), and they had about $50 in cash, so you were essentially getting the entire future of the iphone business for $40/share. I kick myself for not following my own advice and doubling or tripling down. But psychologically, that can be hard to when you’re in a loss-position. You figure, why put good money after bad?
*ping*
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You might look at buying some Apple stock. Or AMD.
I had bought in 2014 when they split. It was around $700 a share at the time. Sold a few months later as it rose 47%
Next bought Netflix when they announced a 7-1 split. Same near $700 a share before the split. It went up about 30% then fell below $100 a few months after then I sold at a loss as I figure my next stock would do better, it did. I bought Nvidia which went from $62.25 in August 2014 to when I sold 2 years later in August at $268.00. Next I bought AMD and just this past 2 weeks it rose from about $53 to near $78 after a great earnings call. End of October and January are the next ones so if good then I am looking at retirement... : )
If it was not for the Chinese trade talks last year and the Chinese virus this year the stock would have been in my opinion over $100 a share.
Those darn Chinese!!
https://finance.yahoo.com/quote/AMD?p=AMD
I am thinking of selling AMD then buying APPLE. It will depend on how quickly one or the other rises as I will have a bit more shares of AMD.
Also if I sell I will have to pay a big tax next April. If I do not then not as much. Looks like I will stick with AMD.
Apple 425.04+40.28 (+10.47%)
https://finance.yahoo.com/quote/AAPL?p=AAPL
FTA: A four-for-one stock split will be offered to make the stock more accessible to a broader base of investors, according to the earnings release. At the close of the market on August 24th, each Apple shareholder of record will get three extra shares for every share held. Split-adjusted trading will begin on August 31.
Apple previously had a 7-for-1 stock split in 2014.
https://www.foxbusiness.com/markets/apple-to-split-stock-following-blockbuster-earnings