Long term investor now getting nervous
OK everyone I am now not nervous after a fantastic earnings call.
A big thanks to everyone for there input.
It looks like I will be in for at least the next 4+ years…..
4 years? Try 10 or 15 years. None of us saw the success of Apple 10 years ago. I owned aapl in 1998 at $20 a share and like fool sold at $35. That is when I only had $1500 to invest. Since then I made a ton and lost of ton due to crazy economy and irrational market.
The long trend is very positive with bumps along the way. I still think we could see a correction that will put us below 200, but in the long run Apple is the best investment one can make. Once I decrease more debt, I will once again take a 2nd on my house and invest in Apple. I don’t like so much margin. :-D
Not all of us on the board are traders some of us actually buy and hold Apple I am sure some traders have done better, but I am happy holding Apple for the long term.
Acquired Quantity Cost Basis per Share Closing Mkt Value Cost Basis UnrealizedGain/Loss Unrealized
Gain/Loss % Holding Period
01/04/1999 400.0000 $10.47 $75,220.00 $4,189.95 $71,030.05 1,695.25% Long
04/09/1999 400.0000 $9.30 $75,220.00 $3,721.20 $71,498.80 1,921.39% Long