Are Apple shares worth it?

Discussion in 'General Mac Discussion' started by gangst, Aug 12, 2005.

  1. gangst macrumors 6502a

    Joined:
    Dec 27, 2004
    Location:
    UK
    #1
    Hi,

    Recently I've come into about £900 and am thinking of investing in Apple shares. I don't really follow the markets, but I know some of you guys have Apple shares. Do any of you have any speculation as to how Apples shares will do in the next year, because I am looking for a quick return (say 5 months), or shouyld I just keep my cash in my bank account?

    Thanks, gangst
     
  2. gwuMACaddict macrumors 68040

    gwuMACaddict

    Joined:
    Apr 21, 2003
    Location:
    washington dc
    #2
    900pounds is not enough money to get you a quick return in anything other than betting at the racetrack.

    you're better off investing long term
     
  3. gangst thread starter macrumors 6502a

    Joined:
    Dec 27, 2004
    Location:
    UK
    #3
    That might be the case, but profit can still be made, I would like to make a quick return, but I'd also like to invest (even if a small amount) in a company that I like and respect.
    I was more intrested in what was predicted to happen to Apple shares in the next year.
     
  4. rdowns Suspended

    rdowns

    Joined:
    Jul 11, 2003
    #4
    Too bad you didn't buy in this morning. Shares are up $1.97 today as I write this. I've made a ton on Apple the past 3 years. I still own 350 shares at a cost basis of $11.22.

    I still think Apple is a good long term investment. Solid fundamentals, strong earnings and margins, no debt and a huge buzz around them for the past 18 months. They are firing on all cylinders as a company despite their chip woes. Intel should end that problem.
     
  5. jhu macrumors 6502a

    jhu

    Joined:
    Apr 4, 2004
    #5
    how much of a return are do you want? if you want a large, quick return within the next year, you're speculating, not investing.
     

Share This Page