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gangst

macrumors 6502a
Original poster
Dec 27, 2004
614
0
UK
Hi,

Recently I've come into about £900 and am thinking of investing in Apple shares. I don't really follow the markets, but I know some of you guys have Apple shares. Do any of you have any speculation as to how Apples shares will do in the next year, because I am looking for a quick return (say 5 months), or shouyld I just keep my cash in my bank account?

Thanks, gangst
 
900pounds is not enough money to get you a quick return in anything other than betting at the racetrack.

you're better off investing long term
 
gwuMACaddict said:
900pounds is not enough money to get you a quick return in anything other than betting at the racetrack.

you're better off investing long term

That might be the case, but profit can still be made, I would like to make a quick return, but I'd also like to invest (even if a small amount) in a company that I like and respect.
I was more intrested in what was predicted to happen to Apple shares in the next year.
 
Too bad you didn't buy in this morning. Shares are up $1.97 today as I write this. I've made a ton on Apple the past 3 years. I still own 350 shares at a cost basis of $11.22.

I still think Apple is a good long term investment. Solid fundamentals, strong earnings and margins, no debt and a huge buzz around them for the past 18 months. They are firing on all cylinders as a company despite their chip woes. Intel should end that problem.
 
how much of a return are do you want? if you want a large, quick return within the next year, you're speculating, not investing.
 
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