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I would say take what most 'financially savvy' people say with a grain of salt and go ahead and do your own research or find an actual professional to sort thro
by mym1990 4y ago
I would say take what most 'financially savvy' people say with a grain of salt and go ahead and do your own research or find an actual professional to sort through the details. The average lifespan of a company on the S&P 500 is dropping fairly quickly, which puts the risk of a single investment going to 0(or on a long haul downward trend) higher.
- gleenn 4y agoObviously "doing your own research" is good but I think the question is totally reasonable in a tech forum where probably a very large percentage of people here have gone through this process. Also, they asked specifically about Apple. Companies that are sitting on massive amounts of cash and have trillion dollar valuations don't disappear over night, they're not gonna "drop out of the S&P" any time in the foreseeable future.
- pclmulqdq 4y agoYeah, I should have said "blue chip" stock. Public companies include COIN and HOOD, which I would say are more like startups.