Thread: Investing 102
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Old 10-10-2012, 12:52 PM
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GregWeld GregWeld is offline
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I used some cash to buy 2000 shares of Apple today.... It has dipped down... we're going into the 4th quarter - which means XMAS shopping will be in full swing - you have the new iPhone - perhaps a mini iPad - and I was just at the mall and the store (which they just quadrupled in size) was MOBBED.... by comparison - there was nobody in the Microsoft store except the blue shirted employees. This is the Peter Lynch way of investing...

I received 3 new iPhone 5's today -- they had been on order since the release date... I like the new look and feel.

The maps thing is still a hassle -- and has made me mad a couple of times... but I just downloaded the Google iPhone map app -- and that seems to work just fine.

If I can get 5% gain between now and Xmas.... I'd be happy!

Once again -- This thread is not about individual names -- and I'm not saying ANYONE should go buy a stock or sell a stock etc --- I'm just kind of blogging about what I'm doing and my thinking. I had posted previously about Apple (AAPL) and that maybe it's "over" as far as a big run from where it was -- but you have to keep an open mind -- and I see the stores jammed and people waiting to buy (pent up demand).... ya gotta rethink sometimes - thus my post today. We'll see how that works out.

PS: It is the only stock in ANY of my accounts that pays such a crappy little dividend -- so it HAS to have growth in the share price - or it gets the boot!
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