I was at De Anza college in 1984, though at the time I could not have told you the name of it. A colleague drove me there from the City hitting 95mph on I-5, as we had been held up in a business meeting.
(I am doing this from memory, but I think Rezonate’s father is in his 60s.)
About 75% of the board who have checked in so far are under 60 years of age. In other words, they’re mostly, oh, what’s the word I’m looking for? Oh yeah, young whippersnappers.
58 here. I thought about investing in aapl in 99. But it was not till 05 when out of the blue, sitting in a chair a brainstorm finally finalized the right thing to do and to the mac to click on my first shares.
So, the idea of this is to segregate the forum so that discussions can only be between members within the same age group? Cross-reference annual rate of return by age?
I’m in the 40-49 range (tick tick tick)
First buy of AAPL in 2007 following the iPhone announcement.
30 to 39 and wish i started buying apple when I was 20.
spoon man, the way AAPL has been performing the last several years, it’s obviously not too late. Glad you’re taking advantage.
mstrmac - 05 February 2012 12:06 PM
58 here. I thought about investing in aapl in 99. But it was not till 05 when out of the blue, sitting in a chair a brainstorm finally finalized the right thing to do and to the mac to click on my first shares.
mstrmac, look how many have not yet had that “brainstorm”. You’re way ahead of the game. I wish I’d bought when I was only a couple of years past 50.
cranium - 05 February 2012 12:49 PM
So, the idea of this is to segregate the forum so that discussions can only be between members within the same age group? Cross-reference annual rate of return by age?
I’m in the 40-49 range (tick tick tick)
First buy of AAPL in 2007 following the iPhone announcement.
cranium, no forum segregation but isn’t it great to see the span of age groups on this board. Many different ages, many different ideas about how to prosper by investing or trading AAPL.
You’ve all been added to the appropriate group. I’m still hoping(maybe in vain?) to see more members add themselves to those over 60 age groups.
I’m still hoping(maybe in vain?) to see more members add themselves to those over 60 age groups.
There are lots of ways to slice it. We’re about 50%/50% over/under 50. About 25% are 60+ and about 25% under 40, ergo about 50% are 40-60. About 85% are 30-70.
Eventually we’ll all be over 60, but by then new members will fill the younger ranks. But for the overall graph to skew much more into the over 60 demo I think we’ll need to see AAPL become a steady dividend payer.
You’ve all been added to the appropriate group. I’m still hoping(maybe in vain?) to see more members add themselves to those over 60 age groups.
On the other hand, if you were to plot the average profit from AAPL for each age group, I’m sure it would skew the graph in quite a different manner towards the 60+ ranges….
My first Apple product was an Apple II+, bought in 1977 to give my two boys and myself a chance to learn how to use a computer.
That must have been an Apple II. The Apple II+ didn’t come out until 1979. I should know—my name is Apple II+ after all.
Apple II+, You are certainly correct about the release year but I was right about the model. I googled “Apple II+” to remind myself of the year but read the date of the release of the Apple II. Dang this 69 year old brain. That means my boys were 7 and 10. The older one did some programing and they both enjoyed playing games, especially “Adventure”. Not sure I remember the name correctly(the old brain again) but you had to type in words or sentences to move along a stream and into a cave looking for treasure. Elves, potions, spells and all that stuff. After the boys went to bed one night, I got frustrated with the game and typed in a short, two word sentence to vent my frustration. The response from the game was, “Your place or mine?”. Maybe an early version of an “Easter Egg”?
You’ve all been added to the appropriate group. I’m still hoping(maybe in vain?) to see more members add themselves to those over 60 age groups.
On the other hand, if you were to plot the average profit from AAPL for each age group, I’m sure it would skew the graph in quite a different manner towards the 60+ ranges….
Possibly true, Burgess. But more than anything, I think it would depend on how soon the member in any age group became convinced that AAPL was worth a significant investment of funds. I always try to point out to family and friends that a 10% increase in stock value is a 10% increase whether you have 1 share or 10,000 shares. But, of course, if you have confidence in the stock, it’s better to have 10,000.
I’m not so sure I would have been ready to commit when I was younger because I didn’t consider how much money it would take to retire and live comfortably. When you’re in your 20’s and 30’s, it seems ridiculous for some to think about retirement. It just seems so far off. But, of course, that’s the perfect time to start planning.
30 to 39 and wish i started buying apple when I was 20.
I once read somewhere that if a young person invested 10% between the ages of 20 and 30 and then stopped investing, their relative performance would out-perform somebody who invested 10% from 40 years old onward. This was used in an example of the rule of 72 or the rule of 69, both of which are tools to determine how long it will take for an investment with a given yield to double by dividing the yield rate into either 72 or 69 (or 70 for that matter but the small numbers are only used when the slippage from commissions are a rounding error).
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