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The stocks are also rising. AAPL went from low 80s in march to 115 today. Those who were waiting for the right time to buy may have missed the boat. I always t
by TweedHeads 18y ago
The stocks are also rising. AAPL went from low 80s in march to 115 today. Those who were waiting for the right time to buy may have missed the boat.
I always thought the DOW hitting 6000 was the lowest it would get without causing world collapse.
- dschobel 18y agoThe problem with trying to pick the bottom of a slide is that you never know until you're many months if not years out of it. It could just be a bear bounce. I certainly wouldn't start proclaiming that people have missed the boat on the value. Either way, the bottom line is that there's historic value out there today and it just depends on your level of optimism whether America and the civilized world in general (and their economies) will be around for another 100 years. So unless you're glenn beck, there's cause of optimism.
- electromagnetic 18y agoIf you're looking for a long term investment, then I don't think anyone's missed the boat. In the long run, buying in a few months late won't affect you much right now. IMO Apple is pretty much guaranteed to double in value when the economy returns to normal, so if I had a spare $20,000 I wouldn't mind putting it into the company, if they pulled off another iPod effect on their stock then all the better.
- justindz 18y agoI bought AAPL on the way down and am quite happy with my decision so far. I was also curious to see if the S&P 500 would get to where the name was an indication of the value as well as the strategy. I am not as well versed in the DOW (partially because I'm not well versed in trading in general) to know where the world ends, but I suppose if the ship has turned around there will be some really insightful postmortem activity going on and I can't wait.