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areusche

macrumors regular
Jun 24, 2008
168
1
If you're not sure what you're up to, you shouldn't be investing. The stock market is not a game.

If you want to play an expensive game, I'd suggest blackjack at your local casino.

I would actually suggest the opposite. If you have a lot of money (eg $5,000+) I would suggest investing it in the stock market. Get a broker and wait a couple of months until the summer for everything to bottom out.

Gambling it is just a waste. At least you can invest it at the moment. Check out bonds while you're at it.

Charles Schwab is a great investment brokerage bank. Check out the free investor checking account. I use it and I love it!
 

popenfresh1992

macrumors newbie
Jun 16, 2012
1
0
Its weird looking at this now in 2012, I'm shouting at my screen buy the stock, its worth a lot more now hahaha just over $500 and on the rise.
 

jetjaguar

macrumors 68040
Apr 6, 2009
3,553
2,319
somewhere
kinda offtopic question.

My mother had a bunch of stock from a long time ago given to her by her father. It has split so many times that she has no idea what she even has anymore. Is there a way she can check ? Also she wants to put all the stock in my name .. I know you can only gift 12k worth before getting hit with taxes .. is this true ?
 

hishat

macrumors regular
Original poster
Oct 14, 2007
178
8
United Kingdom
Its weird looking at this now in 2012, I'm shouting at my screen buy the stock, its worth a lot more now hahaha just over $500 and on the rise.

HAHAHA looking back at this has made me laugh. i did invest around £3,500 initially.

Before the launch of Iphone 4 i reinvested at $385 a share and bought another £5,000

Now my dividends pay for each of my upgrades when new models come out + more.

Laughing now guys.

i could say mac rumors has paved me some £. hahahaha
 

vastoholic

macrumors 68000
Jan 28, 2009
1,957
1
Tulsa, OK
I'm just now seeing this as well. Kind of funny seeing people say don't buy! Shoot, $82 in 2008? MBPDiva would have been sitting pretty nice if she had bought it then. I wish I would have done it, I was just getting into Apple at the time and didn't follow or know anything about stocks and the market.
 

hishat

macrumors regular
Original poster
Oct 14, 2007
178
8
United Kingdom
I would just like to remind everyone on mac forums, that when i made the decision to invest in APPL shares, i had just turned 18. I am now 25 years old and reaping the benefits.

My main reason for investing in APPL shares way back in 2008, was simply down to one day recognising that APPLE are paving the way in terms of innovation. The iPhone sealed the deal and instantly i knew that it would be a market changer.
 

Tower-Union

macrumors 6502
May 6, 2009
450
20
I also chuckled at the person who said not to buy Ford. A multi-billion dollar company who is "too big to fail." If the federal government is guaranteeing their success, why the hell wouldn't you buy it??
 

Squilly

macrumors 68020
Nov 17, 2012
2,260
4
PA
So how much did they go up since then? :)

About 25x

----------

I would just like to remind everyone on mac forums, that when i made the decision to invest in APPL shares, i had just turned 18. I am now 25 years old and reaping the benefits.

My main reason for investing in APPL shares way back in 2008, was simply down to one day recognising that APPLE are paving the way in terms of innovation. The iPhone sealed the deal and instantly i knew that it would be a market changer.

How many shares did you have, if you don't mind me asking?
 

hishat

macrumors regular
Original poster
Oct 14, 2007
178
8
United Kingdom
About 25x

----------



How many shares did you have, if you don't mind me asking?

i only bought $1250 dollars worth of shares which at the time it was around 82.01-82.5/share, i received £300 as a gift from my parents for christmas and sold my HTC windows phone for £250 and put that £250 on top and bought the shares. the year after i doubled down on it making it around $3000. Im seriously considering to sell my shares now though.
 
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Shadow Runner

macrumors regular
Jun 14, 2010
116
71
i only bought $1250 dollars worth of shares which at the time it was around 82.01-82.5/share, i received £300 as a gift from my parents for christmas and sold my HTC windows phone for £250 and put that £250 on top and bought the shares. the year after i doubled down on it making it around $3000. Im seriously considering to sell my shares now though.

Just to let you know, this is not wise investing. It sounds like you are putting most/all of your 'investing' money into one venture. Now you are thinking of selling a company that has been growing consistently and paying nice dividends.

If you are just doing this all for fun, go ahead and do whatever. If you are trying to make money with your money, you need to diversify and hold on to strong companies.

I hear of people sinking all their money into something and then losing it before they even knew what happen, and I hear of people that sell a stock because they thought it wouldn't go any higher only to discover that if they kept it they would have been much better off. No one can know the future but there are 'rules' that you can follow to give yourself the best chance of having a more secure future.

(only trying to help)
 

Squilly

macrumors 68020
Nov 17, 2012
2,260
4
PA
i only bought $1250 dollars worth of shares which at the time it was around 82.01-82.5/share, i received £300 as a gift from my parents for christmas and sold my HTC windows phone for £250 and put that £250 on top and bought the shares. the year after i doubled down on it making it around $3000. Im seriously considering to sell my shares now though.

Nice ROI. I suggest you hold it a bit longer.
 

Chaszmyr

macrumors 601
Aug 9, 2002
4,267
86
I hope you are getting shares for show and nothing else. Apple has been doing pretty badly lately. If you want to invest, mutual funds are your best bet.

How is that advice from 2009! That's why you don't take your investment advice from internet forums ;)
 

hishat

macrumors regular
Original poster
Oct 14, 2007
178
8
United Kingdom
Just to let you know, this is not wise investing. It sounds like you are putting most/all of your 'investing' money into one venture. Now you are thinking of selling a company that has been growing consistently and paying nice dividends.

If you are just doing this all for fun, go ahead and do whatever. If you are trying to make money with your money, you need to diversify and hold on to strong companies.

I hear of people sinking all their money into something and then losing it before they even knew what happen, and I hear of people that sell a stock because they thought it wouldn't go any higher only to discover that if they kept it they would have been much better off. No one can know the future but there are 'rules' that you can follow to give yourself the best chance of having a more secure future.

(only trying to help)

i was 18 when i invested and yes it was pretty much all i had at the time...You could say its all a bit of fun and games but its paid some serious dividends for me. I just like seeing what so little became. Only wish i have is that i had invested more, Could have done without the playstation 2 that christmas LOL
 

TallManNY

macrumors 601
Nov 5, 2007
4,741
1,594
kinda offtopic question.

My mother had a bunch of stock from a long time ago given to her by her father. It has split so many times that she has no idea what she even has anymore. Is there a way she can check ? Also she wants to put all the stock in my name .. I know you can only gift 12k worth before getting hit with taxes .. is this true ?

Are you in the U.S.? Because tax rules are different from country to country.

But in the U.S. there are two exceptions. First, every year you can give to as many people as you want up to $14,000 to each of them. So Mom might give all eight of her kids $14,000 every year. That is the rule that you are thinking about. But there is another exemption that is useful in your case. Over the course of your lifetime you can give out up to $5.4 million in total and avoid the gift tax. Note that these rules change basically every year and the two exemptions go up and down based on the whims of Congress, but there are always these two exceptions. These might be last year's numbers. They may change this year. I believe using the lifetime exemption "uses up" an equal amount of the inheritance tax exemption.
 
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