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I bought Apple stocks so I can use gains to buy an M1 laptop

grandM

grandM

macrumors 68000
Oct 14, 2013
1,520
302
pshufd said:
I started learning Technical Analysis in early 2000. It got me out of the market before the tech crash. There's a ton of stuff to learn and a good part of trading is seat time and art (skill).

In general, it's good to have some diversity but you could argue that Apple is a large and diversified company with many lines of business. Many of which could be a Fortune 500 company on their own. You could buy Berkshire Hathaway and it's a far more diversified company. Same with General Electric in the past. Amazon is interesting as it is a retailer over a wide variety of products; and it's also a huge cloud provider, robotics company and logistics company. It's reminiscent of the Zaibatsu.
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I had the impression TA worked but am clueless why some stocks went through their 1 y support. The MACD I'm struggling with too. I get your viewpoint on apple being a diversified company. Amazon is interesting too. With the options some are like a no go zone. Boston beer for example lol.
 
Allyance

Allyance

Contributor
Sep 29, 2017
2,074
7,662
East Bay, CA
Currently $160.55, that paid for the new 4K tv? I still remember my 9th grade business teacher's advice, "don't speculate in stocks unless you can afford to loose it". I chose Apple in my IRA because I wanted a stock that I use and like. With a market cap of 2.634 billion dollars and oodles of cash on hand, I figured Apple was a safe bet. I realize that once a company issues shares, from that point on you are not really investing in the company, on buying shares someone else sold. I am retired and on a limited income, my IRA is not that large, so there is no way I would touch Crypto with a 10' pole.
 
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pshufd

macrumors G4
Oct 24, 2013
10,145
14,572
New Hampshire
Allyance said:
Currently $160.55, that paid for the new 4K tv? I still remember my 9th grade business teacher's advice, "don't speculate in stocks unless you can afford to loose it". I chose Apple in my IRA because I wanted a stock that I use and like. With a market cap of 2.634 billion dollars and oodles of cash on hand, I figured Apple was a safe bet. I realize that once a company issues shares, from that point on you are not really investing in the company, on buying shares someone else sold. I am retired and on a limited income, my IRA is not that large, so there is no way I would touch Crypto with a 10' pole.
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Trillion.
 
Sullivan0930

Sullivan0930

Suspended
Oct 14, 2021
168
452
senttoschool said:
Worked deep in crypto industry. 99.9% are scams and money grabs. There is no tech here.
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i agree. thats why i only invest in Ethereum, right now it needs some work but its the premiere blockchain with a developer who cares more about the blockchain technology than money.
 
S

senttoschool

macrumors 68030
Original poster
Nov 2, 2017
2,626
5,482
All time high for AAPL today

1638888524384.png
 
S

senttoschool

macrumors 68030
Original poster
Nov 2, 2017
2,626
5,482
I would like to see Apple take 50% of the entire U.S. computer market. I think they can do it with this lineup:

$750 - Macbook SE (using current 13" MBA chassis & screen)
$1100 - 14" Macbook Air
$1600 - 16" Macbook Air
$2000 - 14" Macbook Pro
$2500 - 16" Macbook Pro

I think Wallstreet is sleeping on Apple Silicon and the revolution it has created in the PC market. And when Apple makes VR, Glasses, Car, those are going to be the fastest and more powerful because of Apple Silicon.
 
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pshufd

macrumors G4
Oct 24, 2013
10,145
14,572
New Hampshire
senttoschool said:
I would like to see Apple take 50% of the entire U.S. computer market. I think they can do it with this lineup:

$750 - Macbook SE (using current 13" MBA chassis & screen)
$1100 - 14" Macbook Air
$1600 - 16" Macbook Air
$2000 - 14" Macbook Pro
$2500 - 16" Macbook Pro

I think Wallstreet is sleeping on Apple Silicon and the revolution it has created in the PC market. And when Apple makes VR, Glasses, Car, those are going to be the fastest and more powerful because of Apple Silicon.
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$750 Mac would be a killer of a product but they'd have to do cost reduction like plastic instead of metal. 16 inch MacBook Air would be a killer product as the CPU power is more like older MacBook Pros.
 
M

mdnz

macrumors 6502a
Apr 14, 2010
535
2,153
The Netherlands
senttoschool said:
I would like to see Apple take 50% of the entire U.S. computer market. I think they can do it with this lineup:

$750 - Macbook SE (using current 13" MBA chassis & screen)
$1100 - 14" Macbook Air
$1600 - 16" Macbook Air
$2000 - 14" Macbook Pro
$2500 - 16" Macbook Pro

I think Wallstreet is sleeping on Apple Silicon and the revolution it has created in the PC market. And when Apple makes VR, Glasses, Car, those are going to be the fastest and more powerful because of Apple Silicon.
Click to expand...

$750 is too expensive still as a base model. Many people are in the $400-$500 dollar range and that will get a bit more tricky.
 
J

JMacHack

Suspended
Mar 16, 2017
1,965
2,424
Sullivan0930 said:
This is the mindstate of most older people. keep up with the tech or get left behind, investing to get a return of 5% annually isnt the move anymore.
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Getting balls deep into crypto when it swings wildly isn’t for the risk-averse.

You should know that 5% annual return is stable over a period of decades and is supposed to be retirement money, not quick and dirty gains.

I’m not anti-crypto by any means, but people should know that it’s a risky play. And also stick with established coin, pretty much everything else is pump and dump.

Although NFTbros are fun to dunk on.
 
J

JMacHack

Suspended
Mar 16, 2017
1,965
2,424
Sullivan0930 said:
i agree. thats why i only invest in Ethereum, right now it needs some work but its the premiere blockchain with a developer who cares more about the blockchain technology than money.
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I don’t know much about crypto, but to my understanding Monero is the one that’s used the most for less-than-legal stuff right? I’ve been told it’s usurped Bitcoin for that.

If so, that’s where I’d invest. Money laundering and drug and arms trafficking isn’t going away.
 
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pshufd

macrumors G4
Oct 24, 2013
10,145
14,572
New Hampshire
mdnz said:
$750 is too expensive still as a base model. Many people are in the $400-$500 dollar range and that will get a bit more tricky.
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Those that really want Macs at that price-point buy used.

Apple provides in-store user help and I don't really think that they'd want to go below $750.
 
S

Schismz

macrumors 6502
Sep 4, 2010
343
395
ct2k7 said:
I really hope that Apple doesn’t rule the world and that no one company “rules the world”
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It's a bit late in the day. Apple has paid a lot of my expenses over the past 2 decades and it's very difficult to find any fault with that. As an investor in their stock, I'm ridiculously happy with the money-printing machine, and still use Apple in lieu of a savings account, because every $1 USD I throw into it, will still purchase $1 worth of goods and services a year later (and often, quite a bit more), unlike other fiat currency like, oh say, USD. It appears to be a very safe/stable place to park assets, because even with the world falling apart, Apple is the largest co on Earth -- or one of the top 3 in the perpetual game of musical chairs -- and first in line to have their needs met despite supply-chain and WW III issues.

As a customer I'm less thrilled by various things, but it's not too terribly relevant, and Apple tends to be the least-worst option.

FWIW: there is rarely one company that rules the world in any given field, it's usually 2-3, 5 companies, who acquire all their competitors to form the landscape that we have right now within the tech industry.
 
ct2k7

ct2k7

macrumors G3
Aug 29, 2008
8,382
3,439
London
Schismz said:
It's a bit late in the day. Apple has paid a lot of my expenses over the past 2 decades and it's very difficult to find any fault with that. As an investor in their stock, I'm ridiculously happy with the money-printing machine, and still use Apple in lieu of a savings account, because every $1 USD I throw into it, will still purchase $1 worth of goods and services a year later (and often, quite a bit more), unlike other fiat currency like, oh say, USD. It appears to be a very safe/stable place to park assets, because even with the world falling apart, Apple is the largest co on Earth -- or one of the top 3 in the perpetual game of musical chairs -- and first in line to have their needs met despite supply-chain and WW III issues.

As a customer I'm less thrilled by various things, but it's not too terribly relevant, and Apple tends to be the least-worst option.

FWIW: there is rarely one company that rules the world in any given field, it's usually 2-3, 5 companies, who acquire all their competitors to form the landscape that we have right now within the tech industry.
Click to expand...
Yes, I can understand. I remember buying stocks when I was 18 in Apple, and they’ve flourished since. I might buy more now that I can afford more. No way can they pay for my expensive Apple purchases though. The dividend is just not enough.
 
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