I meant exactly what I wrote. I purposefully wrote it that way. And I purposefully wrote it that way because:
I do not currently own any ETFs and I do not currently own any mutual funds. 100% of my equity positions are through individual share ownership (none of which are Apple shares).
So again: I have no financial interest in Apple.
I also do not own any Apple bonds. Nor do I own any bond funds that hold Apple debt.
Also, I am not short Apple. And I have no options in Apple. I also don’t have any Apple warrants or anything else I might not have mentioned. Nothing. Not one single thing, lol.
Very good then, you do you!
I don't hold Apple directly either, but since the market tried to make a bottom a few weeks back, I've been slowly getting back into the funds and ETFs offered by my 401K plan. I estimate that I have maybe about 7-9% in Apple by this kind of exposure.
Oh, and I may have been incorrect earlier when I said that the QQQ ETF has 7% in Apple stock. According to the current prospectus, dated September 30th 2021 (I know, I know), that fund is 11% in Apple.
Incidentally, some of my other holdings are (or were in 2021) repeated in the QQQ, which I hold as a stock position, so that's good to know.
No financial interest at all means no financial interest at all. I thought it was VERY clear when I wrote that, but I guess I can be even MORE clear with this reply, lol.
So um...I don't hang on every word you write. If you're feeling a bit put-upon or annoyed by something I wrote, thinking that I "should have known" because you "already wrote that", well maybe I just missed it. My browser doesn't HAVE an option to highlight or notify me whenever "mattoruu" writes a missive.
(Note: I have now said I don’t own Apple so many times that it might seem to some that I am actively avoiding Apple for some reason. That’s not the case. I am not actively avoiding Apple. I just happen to have no financial interest at all in Apple, lol.)
It's nice that you said this because I WAS curious, yet by your prior writings, I didn't feel like asking and getting scolded. Just my perspective, that's all. It's not you; it's me.
And in case you (or somebody else cares), I too am not actively avoiding Apple. I'm just concerned that growth may be slowing. When a company gets as big as Apple has, it takes an order of magnitude MORE results in order to "move the needle" even a little bit. Slapping new cameras on the next generation of phones and calling it "good" isn't going to make for a long-term winning investment. I'm looking for more innovation from Apple before I'll spend even more on it than I already do in my funds.
“Big bank stocks”
I said big bank stocks. Banks have been around for a long time and will continue to be around for a long time. That doesn’t mean that individual big bank stocks make for good investments.
I agree, and I can't remember the last time I owned a big bank stock. Maybe I had some Citi for a few months back in the Clinton years.
How is a 30+ year investment in Citigroup shares working out? Very poorly? Yeah. Seems like.
Yep, for sure.
How about an investment in Washington Mutual? Oh, bankruptcy? Wow.
I banked with WaMu until they got bought out/acquired by Chase. Still with Chase, but it's not because they're great or anything. They just haven't burned me yet.
Some of you all are overthinking this way too much lol.
Maybe he just wanted to liquidate for a new Ferrari and a 3 storey Mansion. Let the man live 😆
Ferrari is terrible for a busy successful guy. I'd go for a Toyota. Unless I'm getting a sports car, in which case I might just go for a BMW Z4 or something. But those are only $55K or so; you don't need to break open a $16 million dollar piggy bank to buy one of those!
It’s always the broke people complaining about things they don’t need.
No, it's always the broke people telling me to get me an airline miles card, buy a timeshare, or get a subscription to Adobe software, lol!
