buying Apple. No seriously (stock). I want advice..

[Much Ado]

I invest in US stocks from the UK also, but i just go through some of my building societies, as i like to be able to talk to people in person should anything go wrong. Maybe i'm just boring, but i'd rather pay that little extra per-trade than worry about pure online banking for mid-to-long-term investing.

I make a healthy YOY profit, so I'm sticking with my system

I wouldn't, however, invest if you don't know what you're doing.

ACP graphs are the same as AAPL graphs if you look at them, only in £s not $s. There's also the complication of the SEs being out of sync, depending on who you're buying with.

MA.

 

[Mammoth]

Christ, I've been looking to buy shares in Apple since I was about 12 or something and they were at $50 a pop. Now I'm kicking myself for not buying any. But now I guess the question is will they continue to go up?

 

[mccldwll]

"But now I guess the question is will they continue to go up?"

Yes. But unless you onderstand the factors behind why it may or may not, you probably shouldn't invest (at least not too much).

 

[IJ Reilly]

I've heard him make a few predictions, but he's always been wrong…

I was being facetious.

 

[EssentialParado]

I was being facetious.

Ah, gotcha.

 

[EssentialParado]

How strange is that? I was so disappointed that I wasn't able to invest in Apple before WWDC and then the disappointing keynote came and their stock has been plummeting. I guess Apple isn't infallible after all… I always believed it was a big mistake making this phone.

Oh well, now the stock has gone down it means buy buy buy

(Actually, it means wait wait wait for a few weeks then buy)

 

[tristan]

I don't recommend buying individual stocks, but if you do buy, hold on to it. The longer you hold onto a stock, the more money you are likely to make from it, statistically.

Remember that all the people who are saying that they bought the stock at $14 or whatever are people that resisted the urge to sell last week, last month, last year, etc. I know people who have made fortunes by holding stocks for decades. If you bought Apple ten to twelve years ago you'd have 15x-20x your money today.

 

[TimJim]

i would wait, looks like its gonna go down. I would suggest shorting it or leaving it alone.
i think it'll take a bit of a dip then make a correction, buy it then.

 

[IJ Reilly]

Shorting stock -- yeah, that's great advice for a novice investor.

 

[EssentialParado]

Just a little bit of new information: there is a new stock trading website called Zecco.com that allows you to trade with ZERO commissions. That means you buy AND sell and it costs you NOTHING. The only catch is that there is a limit of a maximum of 10 trades/day and 40 trades/month. Look at the website. There ARE some other types of things that they do charge for, but for simply buying or selling stock, it is FREE. The other things they charge for are CLEARLY listed on their website and usually things that most basic investors don't even do anyway.

If you're going to just buy or sell occasionally, don't pay TD Ameritrade, E-Trade, or Schwab or anyone else. Do it for free at Zecco!!! Not much in life is free.

By the way, I am IN NO WAY AFFILIATED with Zecco.com. I just recognize a great deal when I see one!

I think I made a mistake first time I replied to this post. I said I couldn't make a minimum of 10 trades a day, but looking again I think I read it wrong and it really gives you 10 FREE trades per day. That's excellent.

Anyone here who uses Zecco who can give some more info on it?