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Wait I would have made 10% on my money just by putting it in Apple shares and not the bank for the last week or two?
by nopassrecover 17y ago
Wait I would have made 10% on my money just by putting it in Apple shares and not the bank for the last week or two?
- markbao 17y agoYeah. The catch is you could have also lost 10%. or 20%. or more.
- nopassrecover 17y agoDoesn't seem a bad risk going on these figures though. I had no idea solid companies had decent share return rates.
- philwelch 17y agoBut look at what could go wrong. Steve Jobs' health for one--one skinny guy with a history of cancer and a used liver gets another life threatening illness and your investment is worth bananas. (As in, you would have been better off buying banana futures.)
- jacoblyles 17y agoOctober $210 puts are $4 a share. A bit pricy, but that would protect you from the catastrophic downside.