I have some AAPL shares, currently 4% up. What's the general opinion - is it better to sell them right before WWDC or afterwards?
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Sell AAPL before WWDC or wait?
- Thread starter Pangalactic
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DaveSanDiego
macrumors member
let me see... AAPL has almost tripled in the last 5 years.... up 17% YTD ..... so I assume you are not in this for the long haul?
And since there is no new hardware being announced.... personally... I'd hold it.....but the decsion is yours
And since there is no new hardware being announced.... personally... I'd hold it.....but the decsion is yours
If you're canvasing us for trade advice then sell them now because they're not for you.
4% up is nothing - of you're off the opinion that 4% is fine and you're "worried" about the event tomorrow then share ownership is not something you should be into.
Only you, and you alone, should decide what to do with shares. I've got shares from 30 years ago still in my portfolio - somex are Diem, some are up and some are very very handsomely up.
My grandmother, when she finally shuffled off this mortal coil, left shares from a small technical company in the UK that she'd brought for something like a tuppence ha'penny each back in the day - they were worth £15,000 by the time we found them clearing up her place afterwards.
Just remember that when you sell you'll probably need to provide the cost basis and pay taxes on the profits.
Do what Zaphod Beeblebrox would do; autograph the share certificate then hand it to an admiring fan.
Although past performance is no guarantee as to future performance, my Apple stock value has gone up over 1200%. So I suppose you could sell and get that 4%, but if you can hold for a longer term ...
glenthompson
macrumors demi-god
I bought some AAPL when it dropped after Jobs’ death. Now worth about 5x what I paid. Hanging onto it for the foreseeable future. I only buy stocks for the long haul.
PlayUltimate
macrumors 65816
Historically, AAPL has dropped after these events. And with the recent run-up, there is room for it to drop. Having said that, I dropped the past two days rather than having a run-up, which is traditional.
Now having said that, trying to time the market is tough. And unless you have 100s/1000s of shares, the relative $$ amount is small. And considering the recent price target increases, I think there is probably more risk in selling than in holding. (Now, if you owned options...)
Now having said that, trying to time the market is tough. And unless you have 100s/1000s of shares, the relative $$ amount is small. And considering the recent price target increases, I think there is probably more risk in selling than in holding. (Now, if you owned options...)
Plutonius
macrumors G4
