I only agree with your investment advisor if you're within 2-5 years of
retirement and you will be relying on those assets to live on.
Otherwise, he/she is steering you wrong. IMO, of course. Your example
of AAPL illustrates exactly why. You need to totally ignore short term
stock market swings, and keep some cash on hand for buying when plunges
like 2008 happen. BTW this takes nerves of steel.
On 09/20/2014 12:24 PM, Ken Hohhof via Af wrote:
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 <mailto:[email protected]>
*Sent:* Saturday, September 20, 2014 2:03 PM
*To:* [email protected] <mailto:[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
<https://www.facebook.com/ICSIL><https://plus.google.com/+IntelligentComputingSolutionsDeKalb><https://www.linkedin.com/company/intelligent-computing-solutions><https://twitter.com/ICSIL>
------------------------------------------------------------------------
*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 <mailto:[email protected]>
*To:* [email protected] <mailto:[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] <mailto:[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 Princemailto:[email protected] wrote ]:
-----------------------------------
Wait until the euphoria wears off. I'll bet it hits $60
before the end of the year.
bp
On 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 <mailto:[email protected]>
*To:* [email protected] <mailto:[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 <mailto:[email protected]>
*To:* [email protected] <mailto:[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.
bp
On 9/19/2014 6:41 AM, CBB - Jay Fuller via Af
wrote:
Anyone trying to get in on Alibaba's IPO?
Thoughts?
Comments?
Complaints?
!DSPAM:2,541dd4b99816642914840!
