$2000: Buy a new mac or Apple Stock?

Discussion in 'Buying Tips and Advice' started by themanfromvlad, Sep 24, 2008.

  1. themanfromvlad macrumors 6502

    themanfromvlad

    Joined:
    Mar 11, 2006
    Location:
    Montreal
    #1
    With Apple stock trading at 33% off its high, I'm thinking about buying some more. But I also use a PowerBook G4 1.67 Ghz with 1 GB RAM as my main computer, and I'm finding that it's finally feeling sluggish with a few web pages up and some other apps running.

    Where should I dump my money?
     
  2. hogfaninga macrumors 65816

    hogfaninga

    Joined:
    Aug 16, 2008
    Location:
    Chestnut Tree Cafe
    #2
    Hard to answer b/c only you know your present needs.
     
  3. PcBgone macrumors 6502

    PcBgone

    Joined:
    Feb 3, 2008
    #3
    Stock....with the return on investment you would be able to purchase a new comp and then some..
     
  4. mobilehaathi macrumors G3

    mobilehaathi

    Joined:
    Aug 19, 2008
    Location:
    The Anthropocene
    #4
    Well the stock at least has the chance of increasing the value of your investment. You can't say the same about the computer.
     
  5. mwpeters8182 macrumors 6502

    Joined:
    Apr 16, 2003
    Location:
    Boston, MA
    #5
    Stock isn't a bad option, but I'd consider looking at non-apple stock if you're going that route as well. Now is probably a good time to buy in general, if you're in it for the long term.

    If your sold on buying something apple related, I say go for the Mac.
     
  6. neiltc13 macrumors 68040

    neiltc13

    Joined:
    May 27, 2006
    #6
    Apple's products are going downhill - fast. The latest iPods show they've run out of ideas in that space and their computers are soon to get a new look that is going to make them uglier than anything sold by Dell or Compaq.

    The last thing I'd be doing with my money right now is putting it into Apple.
     
  7. GGJstudios macrumors Westmere

    GGJstudios

    Joined:
    May 16, 2008
    #7
    Unless you already have a foundation of savings (something like 6-12 months living expenses, plus deductibles for insurance, etc.), have no debt, and can afford to lose some or all of your investment, you shouldn't be considering investing in stocks, Apple or otherwise.
     
  8. SmurfBoxMasta macrumors 65816

    SmurfBoxMasta

    Joined:
    Nov 24, 2005
    Location:
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    #8
    tru dat :eek:

    The stock market is not good for short-term investments or folks who cannot afford to potentially lose some/all of their money......

    OTOH, if you are not in the above category, then go for it. If you can get apple stock cheap, then do it, cause after all of this bailout/collapsing economy crap is over, me thinks apple is gonna be one of the few tech companies that will regain/retain it's stock price & net value....just MHO of course :p
     
  9. 173080 macrumors 6502

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    Aug 15, 2003
  10. m1stake macrumors 68000

    Joined:
    Jan 17, 2008
    Location:
    Philly
    #10
    In this economy?
     
  11. themanfromvlad thread starter macrumors 6502

    themanfromvlad

    Joined:
    Mar 11, 2006
    Location:
    Montreal
    #11
    Thanks for your concern, but I've got savings, no debt, and retirement savings plans. Oh, and I live in Canada, where I and every other citizen get terrific healthcare for free and where the government enjoys surpluses, not deficits.

    It's an interesting decision for me because I already own Apple stock, and I already own a decent, albeit three-year-old, computer. The wild card here is the U.S. economy.
     
  12. Chris Rogers macrumors 6502a

    Chris Rogers

    Joined:
    Jul 8, 2008
    Location:
    my house
    #12
    Theoretically you'd see a 33% return on your $2K investment should it go back up. The BIG question is WHEN?? And the price you pay may even go down tomorrow or the next day. But goes with any stock market investment.

    Since it's not my money, I'd do it! :D
     
  13. thejadedmonkey macrumors 604

    thejadedmonkey

    Joined:
    May 28, 2005
    Location:
    Pa
    #13
    I'd get the computer. At least that way, you know exactly what you're getting. With the stock market, you never know. What if you invest, it fails, and it takes you another 3 years to save up for a new powerbook?
     
  14. mattniles007 macrumors 6502

    mattniles007

    Joined:
    Dec 4, 2005
    Location:
    Michigan
    #14
    I'd vote with the Mac, who knows how much volatile the stock market will be.
     
  15. jackc macrumors 65816

    jackc

    Joined:
    Oct 19, 2003
    #15
    Is it really terrific healthcare for everyone? I've heard differently. And of course it's not free.
     
  16. itcheroni macrumors 6502a

    Joined:
    Sep 23, 2005
    Location:
    CA
    #16
    If it fails, he's going to have to get an HP.

    I think it's a good idea to buy aapl right now. The discord between aapl's market value and balance sheet is huge. Aapl is being sold at a deep discount. I would definitely pick some up if I have any extra cash to throw around. If you feel like taking a risk, consider buying up some options.
     
  17. Jak3 macrumors regular

    Joined:
    Jul 11, 2008
    #17
    Don't push it and give the rest of us a bad name :p

    parts of health care are free...but there are chinks in that suit of armor. Surpluses...depends where you are and if you're talking federal or provincial...
     
  18. hogfaninga macrumors 65816

    hogfaninga

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    Location:
    Chestnut Tree Cafe
    #18
    I vote who cares especially after the OP's comments.
     
  19. PcBgone macrumors 6502

    PcBgone

    Joined:
    Feb 3, 2008
    #19
    Especially in this economy. When everyone is selling, thats when people should be buying. You can get good stocks dirt cheap! The only downside is you need to be picky about the stocks your buying. Dont buy any stocks in the financial sector or the housing sector unless you know who is stable enough to make it through the storm. Tech stocks are a good buy right now as there isnt as much demand due to the storm, but they will go back up.

    Trust me, the next few months are the time to buy! These are short term predictions however. You will have to hold onto them for awhile until the market recovers from this storm. But isnt that what investing really is?
     
  20. queshy macrumors 68040

    queshy

    Joined:
    Apr 2, 2005
  21. cwalex18 Guest

    Joined:
    Feb 19, 2008
    Location:
    United States
    #21
    I'd got with the computer. At least in America (and probably elsewhere), the stock market is all over the place right now and you could end up losing your money.
     
  22. Mebsat macrumors regular

    Joined:
    May 19, 2003
    Location:
    Florida
    #22
    No, if you buy the Mac, Apple gets your money.

    If you buy the stock, the person selling it to you gets the money.

    Apple hasn't received any money from the sale of its stock since its IPO.

    :)

    In any case, it's sort of an odd choice...If you need a computer, buy a computer, if you have money to invest, invest.
     
  23. wako macrumors 65816

    Joined:
    Jun 6, 2005
    #23

    lol wtf? you know what the new computers look like? maybe i should submit this to a bunch of blogs because you obviously seem like an insider that knows all!
     
  24. soLoredd macrumors 6502a

    Joined:
    Mar 12, 2007
    Location:
    California
    #24
    If you have to come here and ask how to use your money, I would seriously think of NOT putting it into the stock market. You say you already own Apple stock...well, why don't you look at your numbers and see if it's worth it for you to buy more?

    I don't understand the internet sometimes. Common sense seems so hard to come by these days.
     
  25. phatcat macrumors regular

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    Feb 10, 2008

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