Well, you made $25K. That's a nice profit!I got in at $11.00 - but only brought 50 shares
All my other stock picks have failed miserably!
I got in at $11.00 - but only brought 50 shares
All my other stock picks have failed miserably!
What goes up must come down
What goes up must come down
You are right, but how does it apply to Apple in this case. The way I see it, Apple is just going with the flow. It's trading at 14x earnings. I wouldn't call that overvalued.
Or go even higher. This will be a huge year for Apple.
Every so often, I think about buying AAPL. Every time, I don't, because it's way too much per share, and every time, I regret it later when it hits some crazy high price later on like this. I honestly think it'll keep going up, but unless they split the stock, it's going to be hard for many individual shareholders to invest.
What goes up must come down
That makes no sense. Why does it matter if you have, say $5,000 to invest whether you have 10 shares @$500 each or 100 shares $50 each? It's about the percentage gain, not the share price.
Most AAPL holders are large financial institutions and funds, or people who got in some time ago. They are not your average investor picking up stocks at $15, or even $50. It is all about percentage, but the upfront share price does pose somewhat of a barrier for entry.
Point is, not everyone has $5,000 to invest, or more accurately, not everyone has $5,000 to invest in a single stock, when diversification is somewhat important so they really need a lot more than $5,000 to invest.
Most AAPL holders are large financial institutions and funds, or people who got in some time ago. They are not your average investor picking up stocks at $15, or even $50. It is all about percentage, but the upfront share price does pose somewhat of a barrier for entry.
Define "average investor"...
If one doesn't have $5,000 or even $1,000 to invest in a single stock, then that's not the right investment vehicle for them. They should buy mutual fund(s).
I think Apple is going to revolutionize how we watch television and this will keep their growth going.
That makes no sense. Why does it matter if you have, say $5,000 to invest whether you have 10 shares @$500 each or 100 shares $50 each? It's about the percentage gain, not the share price.