As someone who has not invested before in my life, how would a UK resident go about investing in AAPL? I presume there must be dozens of UK residents on here that have stock, so I'd appreciate your advice...
Stories like this always make me regret not purchasing Apple Stock when I wanted to. Back in 2001, I was a junior in college and I just bought a MacBook for $1,499. I told myself, "I should invest in Apple..." Well, I saw an article recently on BusinessInsider.com stating that if I had invested that $1,499 and sold it in 2012(which I probably would never have done anyway), that stock would have been worth $99,747.
Clearly Apple is doomed because that number is so low. We only want high numbers! Everybody freak out!!
Seriously though, I came really close to buying some Apple shares when it was down in the low 80s in early 2009. That's a shame. Not sure what to do in this situation following a split. Won't likely get a 7x ROI in five years this time, but maybe 2x which is still quite reasonable. Apple has shown with iOS 8 that they're willing to adapt and play ball. They're a new company now, finally finding their voice post-Jobs. I'm confident that they are heading in the right direction. The only problem is the incredible potential for growth is no longer likely, except perhaps for wearables.
I think the next big thing in tech (that people will also be investing in) is 3D printing. That really has the potential to change the world. Work is being done printing food, kidneys, pills, tools, weapons and more. It's a playground of wonder and it's early enough in the game to make a decent amount of cash. I've been researching just need to decide where to put my money.
This morning, Apple's stock underwent a 7-for-1 split, awarding 6 additional shares to each shareholder of record at 5PM PDT on Friday. Simultaneously, the price of the stock has been divided by 7 and should open around $92 after closing on Friday at $645.
As others have said, one reason this is done is to make the shares less expensive and therefore more accessible to more investors, with the inevitable result of pushing up the price per share. So go out there and buy the stock, people, while it's relatively cheap! I'm going to watch my shares go up, up, up, in the coming days!
This is a serious question as I've never bought a share in my life. But surely it's unwise to immediately buy in after the split, because if $645 was quite high on Friday, then $92 is quite high relatively speaking today. Is that correct? If, for instance, I would have waited to buy a share until prices dropped to $500 per share prior to the split, then I should wait to buy a share until prices drop to, say something like $70 after the split. Does that make strategic sense? (I'm not going to immediately buy a share because Apple wants me to and puts a carrot on a stick with a seemingly 'low' buy-in option) =)
This is a serious question as I've never bought a share in my life. But surely it's unwise to immediately buy in after the split, because if $645 was quite high on Friday, then $92 is quite high relatively speaking today. Is that correct? If, for instance, I would have waited to buy a share until prices dropped to $500 per share prior to the split, then I should wait to buy a share until prices drop to, say something like $70 after the split. Does that make strategic sense? (I'm not going to immediately buy a share because Apple wants me to and puts a carrot on a stick with a seemingly 'low' buy-in option) =)
I would wait for the next depression/recession to buy, stocks are guaranteed to fall and then rise within a few years.
I made a killing when that whole housing crash happened in 2008. So many really solid companies tanked because everyone was panicking and just selling like crazy for no good reasons.
They're not going to go down to $70. As they are now so cheap at $92 each, the demand will be high and the price will skyrocket.
Not that I was in a position to invest in apple in 1980, but oh man to have bought just 100 shares at 22 a share at IPO. I think that alone would be worth over $500k today.
I need a time machine. Anyone? Please!![]()
I'm sure - I've gotten many e-mails from my broker on this split. Never have had that happen before with stock splits.
As someone who has not invested before in my life, how would a UK resident go about investing in AAPL? I presume there must be dozens of UK residents on here that have stock, so I'd appreciate your advice...
There are mutual funds that index (track) the DJIA so inclusion in it also means an instant step up in demand as those funds would then need to buy AAPL.
Article title says Apple "opens at", but the article was posted before the market opened. Lol
I WISH you were right, but your math is wanting. I bought a hundred shares of Apple when Steve Jobs announced the iPod. It was trading at $14. Worth $64,400 today.
I'm not complaining.
That statement was correct, but for the wrong reason. The stock opened this morning at the post-split price (determined by dividing the Friday close by seven). The part MR got wrong was saying the split occurred today, when in reality the split occurred after the close of markets on Friday.
Not that I was in a position to invest in apple in 1980, but oh man to have bought just 100 shares at 22 a share at IPO. I think that alone would be worth over k today.
I need a time machine. Anyone? Please!![]()
Sweet! I have 27 shares now!! Time to retire for the second time!!!
If you had a time machine you better go forward in time.
Travel forwards, read the papers a day after the lottery, go back in time, buy a $1 dollar ticket, BAM, you're a multi millionaire.![]()
As someone who has not invested before in my life, how would a UK resident go about investing in AAPL? I presume there must be dozens of UK residents on here that have stock, so I'd appreciate your advice...
What's the best is my brokerage that has the correct number of Apple shares for me but still has the closing value from Friday so my "market value" shows up as 7x higher than it really is. It's nice as a dream until it gets fixed.![]()
They're not going to go down to $70. As they are now so cheap at $92 each, the demand will be high and the price will skyrocket.
tgara said:As others have said, one reason this is done is to make the shares less expensive and therefore more accessible to more investors, with the inevitable result of pushing up the price per share. So go out there and buy the stock, people, while it's relatively cheap! I'm going to watch my shares go up, up, up, in the coming days!