I can give you 22.5 million reasons not to go Android.
It can only stay that high for so long. There is an end to every good thing. Of course it won't rocket down - it just can't get much more expensive.
I am trying to convince my parents to sell our house and we will be left with $250k after the $100k mortgage return
I calculated that if I put the $250k in Apple on 25/7/2012, then today I'd have nearly $280k which is $30k profit, in just 20 days. That is a LOT of money
And I don't know how to convince them to make this life changing move
The stock is always rising and everyone says that it is a good investment even at its current price
My parents don't want to risk our everything "investing in stocks" but I am trying to explain them that APPLE is not JUST A STOCK. It is a legend. And everyone buys it and gets rich. I want to get rich. I don't want to die trying. And this is my only chance. I'm already 20 and I don't want to waste my entire life trying to make a better a living.
I am trying to convince my parents to sell our house and we will be left with $250k after the $100k mortgage return
I calculated that if I put the $250k in Apple on 25/7/2012, then today I'd have nearly $280k which is $30k profit, in just 20 days. That is a LOT of money
And I don't know how to convince them to make this life changing move
The stock is always rising and everyone says that it is a good investment even at its current price
My parents don't want to risk our everything "investing in stocks" but I am trying to explain them that APPLE is not JUST A STOCK. It is a legend. And everyone buys it and gets rich. I want to get rich. I don't want to die trying. And this is my only chance. I'm already 20 and I don't want to waste my entire life trying to make a better a living.
If my parents poured $100k into Apple back 10 years ago when I was 10 years old, they would have $10,000,000 in their bank by now. But instead they took the mortgage path. ********** *****. This is so frustrating. I regret for not being born 10 years earlier
I don't know what to do. I don't want to find myself after the new iPhone/iPad launch and much more while the stock climbs by tens of % while I "die trying" staying back behind like a ********ing sucker
I am trying to convince my parents to sell our house and we will be left with $250k after the $100k mortgage return
I calculated that if I put the $250k in Apple on 25/7/2012, then today I'd have nearly $280k which is $30k profit, in just 20 days. That is a LOT of money
And I don't know how to convince them to make this life changing move
The stock is always rising and everyone says that it is a good investment even at its current price
My parents don't want to risk our everything "investing in stocks" but I am trying to explain them that APPLE is not JUST A STOCK. It is a legend. And everyone buys it and gets rich. I want to get rich. I don't want to die trying. And this is my only chance. I'm already 20 and I don't want to waste my entire life trying to make a better a living.
If my parents poured $100k into Apple back 10 years ago when I was 10 years old, they would have $10,000,000 in their bank by now. But instead they took the mortgage path. ********** *****. This is so frustrating. I regret for not being born 10 years earlier
I don't know what to do. I don't want to find myself after the new iPhone/iPad launch and much more while the stock climbs by tens of % while I "die trying" staying back behind like a ********ing sucker
Your parents clearly understand risk much better than you do. Putting all of your eggs. In one basket is a terrible idea.
Because yes, the future for apple looks good. However you need to understand that, if anything goes wrong on the Apple side, they can stand to lose everything they've worked for, and then some.
Investing some money in Apple? Great idea. I did back in 08. Made a decent chunk of change. But dumping all your assets into one stock? Bad idea.
I bought at $200, bought again at $210 (after it went to $280 or something then dropped), then sold at $277 or something. Sadly, Apple's tendency to go to $280 then drop ended after I sold. I got back in a few months ago.
It's still funny to remember my friends who said that I should sell on the day of the iPad release and that Facebook would be bought up like crazy. Well, I'm glad Facebook's IPO did not go well![]()
In the end you should just realize that money isn't everything. Think about your idols - Steve Jobs and Woz.
Both are/were crazy ****in rich. The first one is dead from cancer being one of the most admired and also most hated persons on the planet - and the other is just suffering from being an obese nerd legend that nobody cares about these days.
Money is nothing but bling-bling. Yeah, it's nice to have it. Maybe you should check out some social project in a developing country. Get some respect for life, get some respect for nature, grow up!
So true I can recall back in 1997 or so when it seemed like everyone in the popular press was discussing the death of Apple (while I worked on my PowerComputing clone no lessI wish I had bought a few, when they were below $20![]()
Your parents clearly understand risk much better than you do. Putting all of your eggs. In one basket is a terrible idea.
Because yes, the future for apple looks good. However you need to understand that, if anything goes wrong on the Apple side, they can stand to lose everything they've worked for, and then some.
Investing some money in Apple? Great idea. I did back in 08. Made a decent chunk of change. But dumping all your assets into one stock? Bad idea.
That makes no sense. Mutual fund and ETF dividend payouts occur at a different time. Also, all these brokerage houses knew exactly how many shares were involved on Monday.Keep in mind that Apple stock is also one of the largest components of any S&P 500 or NASDAQ index fund, not to mention any number of other ETFs and mutual funds. That's a lot of stuff to sort out during the trading day.
But it's Apple!! Everyone says its the best stock to own
When the screnshot clearly shows that it has been at 644 within the last 52 weeks?
But it's Apple!! Everyone says its the best stock to own
You're 20? You've got a ton of time ahead of you and time is your friend. Here's a book or two to read: Burton Malkiel's A Random Walk Down Wall Street (it was published 16 years before you were born and is more relevant to investing today than ever). The Four Pillars of Investing by William J Bernstein. Always read Warren Buffet's letter to shareholders, all previous years are on the Berkshire website. Read any book by John Bogle, but it sounds like his most recent one might be best for you, "The Clash of the Cultures: Investment vs. Speculation" (I haven't read it yet).
There's a whole world good companies out there and you need some practice to be able to identify good investments.
That is exactly the problem, I have no experience in stock trading. Apple is the best stock to hold today, EVERYONE says so and I know it based on reading Apple news and press releases
I have $10k in my bank and I am TOTALLY gonna invest it all probably next week
The problem is my profit is going to be so lame
I only know one thing. If I don't put big money in Apple in the next couple of days or weeks I'm gonna regret it for the rest of my life
I have no time to read books and I obviously don't have time to start a research on startups. Apple is the safest of all, it never fell down in the past 10 years and that is also why it's expensive
You're ignoring what everyone is telling you. Yes, aapl is a great stock to own, but you sound like you're expecting it to change your life forever and that it's foolproof. It's not. Don't invest all your savings in one place. That's foolish.
Also, stop trying to convince your parents to sell their house. I mean think about what you're saying. Just calm down, do research, and make an informed buy. Don't just drop 10k, on a stick, on a whim.
Yes it Will change my and my entire family's life!
If I put $250k now, and then it gets from say $650 to $850, its a goddamn $200 profit per share and with $250k I can buy 384 shares which means ********** $76,800 in a couple of months
And if it doesn't?
Not an option
No chance!!!
Not an option
No chance!!!
It will get to $1000 in a year