FWIW, my investment advisor got me out of AAPL, and advises decreasing stocks at this point especially those that don’t pay dividends and moving a higher percentage into bonds. Of course risk tolerance varies with age (how many years you have left to recover from a big loss). But he evidently feels stocks have run up to the point where they are getting risky.
Regarding AAPL, I had quite a paper loss at one time, finally recovered and made a nice profit, but it looked pretty grim for awhile. The myth was it would only go one way - up. Problem with Apple is they always have to hit it out of the park, merely having a good quarter is a disappointment. It must be like being a magician, but if you pulled a rabbit out of your hat last night, tonight you need to pull a lion out of the hat, and tomorrow a rhinoceros. Wait, I’m thinking of Rocky and Bullwinkle. http://www.youtube.com/watch?v=kRW7pITY5Cg I could swear there was one where he pulled Rocky out of the hat. From: Mike Hammett via Af Sent: Saturday, September 20, 2014 2:03 PM To: [email protected] Subject: Re: [AFMUG] today's a big day on the stock market..... NetFlix and FaceBook haven't even existed "long term". ----- Mike Hammett Intelligent Computing Solutions http://www.ics-il.com -------------------------------------------------------------------------------- From: "CBB - Jay Fuller via Af" <[email protected]> To: [email protected] Sent: Friday, September 19, 2014 2:13:08 PM Subject: Re: [AFMUG] today's a big day on the stock market..... --- [ "CBB - Jay Fuller" <[email protected]> wrote ]: ----------------------------------- Long term the stocks I'm interested in right now are Apple, Netflix, and Facebook. They all have performed well long term. I do not currently have any Netflix but it's also had a bit of a rocky road. Look at its one year chart. ----- Original Message ----- From: Travis Johnson via Af To: [email protected] Sent: Friday, September 19, 2014 1:46 PM Subject: Re: [AFMUG] today's a big day on the stock market..... --- [ Travis Johnson <[email protected]> wrote ]: ----------------------------------- ------------------------------------------------------------------------------ The stock market is not a good "long term" investment, in my opinion.... unless you go into a fund like T. Rowe Price Blue Chip (which has returned me 30% so far this year). A single stock is just too risky. The play is the one day in and out game... like this Alibaba stock... Travis On 9/19/2014 11:39 AM, Bill Prince via Af wrote: --- [ Bill Prince mailto:[email protected] wrote ]: ----------------------------------- Wait until the euphoria wears off. I'll bet it hits $60 before the end of the year. bpOn 9/19/2014 9:32 AM, CBB - Jay Fuller via Af wrote: whewwww....it really tanked there. below $91.... ----- Original Message ----- From: CBB - Jay Fuller via Af To: [email protected] Sent: Friday, September 19, 2014 10:33 AM Subject: Re: [AFMUG] today's a big day on the stock market..... interesting...i'm listening. lol. ----- Original Message ----- From: Travis Johnson via Af To: [email protected] Sent: Friday, September 19, 2014 10:16 AM Subject: Re: [AFMUG] today's a big day on the stock market..... I disagree... I think today will be an amazing ride... people will make a TON of money if their timing is right. Travis On 9/19/2014 9:05 AM, Bill Prince via Af wrote: I would not touch that offering with a 10 foot pole. I see nothing but sorrow. Too much hype. Too much unknown. bpOn 9/19/2014 6:41 AM, CBB - Jay Fuller via Af wrote: Anyone trying to get in on Alibaba's IPO? Thoughts? Comments? Complaints?
