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Apple Stock Nears Quarterly High as Investors Prepare for Q3 Earnings Report
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Isn't trading a form of gambling? Seems the same to me and I trade stocks and forex! At the end of the day your just betting company X will do X. Just like horse racing....you have stats and figures and you make educated guesses.
Just so you know....my tone here is just making conversation....not attacking your point violently.
The weird thing that I realized about the non-Retina MacBook Pro is that because they're still sold by Apple, they still have at least another 5 years of full support from Apple (afterwhich Apple will call them "Vintage"), plus another 2 years of partial support from Apple (after that Apple will call them "Obsolete".) If you bought it the day it was released 5 years ago, you'd have 10 years of full support then another 2 of partial.
And it's still being sold. The number of years of full support will stay at "at least 5" until Apple finally discontinues it.
Isn't trading a form of gambling? Seems the same to me and I trade stocks and forex! At the end of the day your just betting company X will do X. Just like horse racing....you have stats and figures and you make educated guesses.
Just so you know....my tone here is just making conversation....not attacking your point violently.
Trading is gambling. Investing is not.
If you could lose your money (to one degree or another) as a realistic outcome of it, seems like a gamble on some level.
LOL. Investing is most certainly "gambling" with your money. There's a reason why investing is considered "high risk, high return." If you don't understand how investing is gambling with your money, you shouldn't be investing in the first place.
Let's bring two great companies to mind who are owned by investors such as yourself, Apple and American Express.
Let's say you invested $5,000 into American Express in December 2015. December 26, the stock was sitting at $94.29, giving you 53 shares of stock. Right now the stock sits at $63.78 a share, so you've lost $30.51 a share as of today, or a total of $1,617 of your saved money, or (-32.34%). When you put your money into a low earning, zero risk savings account, you don't lose 32.34% of your money with zero spending.
Now let's say you bought Apple stock on that same day for $113.99 a share and invested $10,000 into this one, so you own 88 shares of this stock. The stock now sits at $98.78 a share. You've lost $15.21 a share for a total loss of $1,338.48 (-13.3%). When you put your money into a low earning, zero risk savings account, you don't lose 13.3% of your money with zero spending.
$15,000 invested in stocks on December 26th, 2015... $12,044.52 now, 7 months later. If investing isn't gambling in your mind, you better have someone re-educate you on what it is.
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It's rather pathetic to create fantasy products that doesn't exist yet and start wasting energy by bashing on those same product in which you don't have any interest to buy them to start with. By all means, you may unleash hysterical and emotional tirade about products that yet has to arrive on the market but i.m.h.o it's just a wast of energy.
Really? and you didnt just post: The company is about to unleash a whole range of new products with the latest intel chipsets,memory and flashdrives with everything else you can think of as soon these products are available. That sounds like fantasy products to me! I guess I can't make up fantasy products but it is okay for you.
Whatever, Bro. Thanks, by the way, for clearing up my interest in
products. I thought I had some interest, but I guess not. You clearly know me. Thanks again! This has been helpful.
So you lost some money with Apple stocks, so what?
That sounds like fantasy products to me! I guess I can't make up fantasy products but it is okay for you.
Can you show me where I stated how these products will look like? Or what they actually include other then the usual "new hardware"? I only stated that new products will come, and yes I assume that these new products will include the latest hardware. Nothing less, nothing more.
That all falls into the category bloody obvious to me.
I'm not wining about these products because there is -yet- nothing to wine about or to be happy about. The only thing I stated is that there will be new products. What else is new?
Whatever, Bro. Thanks, by the way, for clearing up my interest in
Thanks again! This has been helpful.
Nope, I don't know you, what I do know is that you're "crying" about products that even doesn't exist. My advise, wait and judge then. New products with new hardware will come, judge about these products when they are here. Judging about none existing products is just bashing and seriously a waste of energy.
My 2 cents.
You're right. I'll wait for all the uninspired crap before I call it uninspired crap. It's not like we are on a site called MacRumors in which we discuss unreleased products.
Guys this site is about MacRelesedProducts....not MacRumors. Take notes.
NO TALKING ABOUT UNRELEASED PRODUCTS!!
Talking --> yes Wining about none existing products --> no so much yes....
You say tomato, I say taumatoue
But if it pleases you, I think the MacPro i
i say let's move on ^^
You say tomato, I say taumatoue
i say let's move on ^^
Not really. The issue is we've been acculturated into confusing trading with investing. If you are moving your money in and out of stocks and the markets, you are trading, meaning, you are pretending to be smarter than everybody else (which is extremely unlikely to be the case). Thinking you have the special knowledge required to beat the house is, essentially, a gambling mentality. OTOH, if you begin with the understanding that over time diversified, patient investing is a pretty much a guaranteed road to making money, then you will no longer confuse the two.
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LOL. No. I am very confident that I understand this issue much better than you have demonstrated that you do.
Pretty much guaranteed and actually guaranteed are fairly different things. If there's a chance you can end up with less money than you put in when you might need/want then the chance is connected to a gamble that it won't happen. Perhaps the odds are different and much more favorable than with "typical" gambling, but it seems that there's chance involved nonetheless.
If you want a guarantee, buy a toaster.
Not many things are guaranteed. One that is: if you don't invest, you will retire poor, or never retire at all. The problem here again is that we've been acculturated to believe that investing is no different than placing bets at a craps table or on a roulette wheel or buying lottery tickets, all of which feature odds strongly favoring the house. Meaning, you will lose, either slowly if you are lucky, or quickly if you are less so. Compare to a chart for the S&P 500 over the last thirty years, and you will quickly notice that those are not gambler's odds, and they won't become gambler's odds unless you think you can guess ahead of time when is the best time to get in and out.
Like I said, the odds could certainly be different, but they are still odds, and chance is still involved. When you are putting the money in there is nothing that says you will be able to get it out when you want and have no less available then what you put in. None of this it say it's all bad somehow because of that, simply to say it's still essentially analogous to gambling on some level.
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On a purely superficial level. The distinction between odds that strong favor you and those that strongly disfavor you should make for a significant difference in how we think about our exposure to risks. It's possible that I could get hit by a meteorite but I have not taken out insurance against that possibility.
If you're putting money into investments on a regular basis over a period of decades, having what you need when you need it is going to be far less of an issue than if you don't. In reality not investing is the real gamble.
Investing isn't gambling. It's only like gambling in that there's risk involved... like most things. As someone else said, day-trading (e.g. shorting a ton of AAPL and hoping it goes down tomorrow) is basically gambling unless you really know what you're doing. I, for one, don't claim to have the expertise to do that.Isn't trading a form of gambling? Seems the same to me and I trade stocks and forex! At the end of the day your just betting company X will do X. Just like horse racing....you have stats and figures and you make educated guesses.
Just so you know....my tone here is just making conversation....not attacking your point violently.
BTW, I don't like people saying "AAPL will be down tomorrow for sure." If you're so sure, then put your money on it.
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None of those things he listed were fantasies. Apple has already done all of them, though he's being overly harsh on some of them.
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Always beware of advice coming from people who suggest you to do as they say but not as they do.
It is a form of gambling. Not the same as card games or horse races or something like that, but it is within the definition of gambling.
Sorry, it doesn't look like anyone here is really going to agree with this idea.
If you put $500 a month into an S&P 500 fund for the last 25 years, do you have any idea how much money you'd have today?
Gambling, my left foot.