Take a look at this:
http://finance.yahoo.com/echarts?s=AAPL+Interactive#symbol=AAPL;range=5y
and now imagine you are the advisor who put me (and no doubt
other clients) into AAPL in September 2012. You can either call
up those clients and say good news, after 2 years of staring at a
loss, you can finally take a nice profit and invest in something
else. Or you can say buy another ticket and take another roller
coaster ride.
Besides, after years of almost getting negative interest on fixed
income (in Europe they actually pay banks to park money), there
are finally some options in stocks that pay dividends and even
bond funds that are worthwhile putting 25 or 30% of your money
in, making sure they are short maturity because their value will
go down once the Fed starts raising interest rates.
But as far as ignoring short term stock market swings, I’m not
sure I’d call 2 years short term. And if you look at the chart,
AAPL looks exactly like it did 2 years ago. Sure, it could go
up. But let’s face it, what did they announce. A couple phablets
which are really just catching up to competition, and a
smartwatch for next year. Samsung is already mocking the iPhone
6+ in their Galaxy Note 4 ads, and how sure are you that a $349
smartwatch will be the next must-have gadget? And iPad sales
have slowed because once people have one, they don’t trade up to
the next version like they do phones, and a lot of them are WiFi
only and not tied to a carrier 2 year cycle.
*From:* Bruce Robertson via Af <mailto:[email protected]>
*Sent:* Saturday, September 20, 2014 2:46 PM
*To:* [email protected] <mailto:[email protected]>
*Subject:* Re: [AFMUG] today's a big day on the stock market.....
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" mailto:[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" mailto:[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:2,541dddf712601080671818!
