Investing 102

[WSSix]

Isn't Apple still at the top of the list for companies with the most cash on hand?

[glassman]

Originally Posted by WSSix

Isn't Apple still at the top of the list for companies with the most cash on hand?

Yes, (well from the "news") and "supposedly" paying off investors (partly). I read here a few pages back from one of us that Apple doesn't reward its investors nearly enough....

[GregWeld]

Originally Posted by glassman

Yes, (well from the "news") and "supposedly" paying off investors (partly). I read here a few pages back from one of us that Apple doesn't reward its investors nearly enough....

You missed the part about TOTAL RETURN for investors being the key. That is made up of any combination of growth and dividend.

Apple (AAPL) has a 1 year total return of 56% - a 3 year T/R of 60% - and a 5 year T/R of 270%


I'll take a triple of my money in 5 years as a successful investment any day. :>)

[mdprovee]

I have Apple and it has worked out nicely for me. I wasn't sure when it was dropping like crazy, and I wanted to run. Then I remembered to stick it out, don't panic, low haul, and then it split, and has been doing great.

Thanks Greg.

[glassman]

Originally Posted by GregWeld

You missed the part about TOTAL RETURN for investors being the key. That is made up of any combination of growth and dividend.

Apple (AAPL) has a 1 year total return of 56% - a 3 year T/R of 60% - and a 5 year T/R of 270%


I'll take a triple of my money in 5 years as a successful investment any day. :>)

Point.

[ErikLS2]

I especially like the one where they can buy Ford, GM and Tesla and still have $41 Billion umm, left over!

http://business.financialpost.com/bu..._lsa=4dd2-6966

I finally bought Snap-On in October after seeing a Snap On truck every week for 25 years and always knowing they are by far the best tools. It was right under my nose all that time! I can't find a more stable, better looking chart.

[GregWeld]

Originally Posted by ErikLS2

I especially like the one where they can buy Ford, GM and Tesla and still have $41 Billion umm, left over!

http://business.financialpost.com/bu..._lsa=4dd2-6966

I finally bought Snap-On in October after seeing a Snap On truck every week for 25 years and always knowing they are by far the best tools. It was right under my nose all that time! I can't find a more stable, better looking chart.

That's some crazy statistic Erik!! Hard to imagine that much money.... Just WOW!!


I own Snap-On (SNA) --- not a good dividend payer so I only own 500 shares -- but it's a great company - great brand - I buy their stuff.... so why not!

[frankv11]

After all these years finally looking at investing on some stock,
Any thoughts on CVX vs Exxon,

[GregWeld]

Originally Posted by WSSix

Isn't Apple still at the top of the list for companies with the most cash on hand?

According to this quarters report -- cash on hand - which included short and long term investments (bonds etc) is a whopping 192 BILLION. That's more than Microsoft and Google COMBINED.

Astounding...

In full disclosure I own 2000 shares.

Gwen and I discussed them (AAPL) the other day (she was a Microsoft exec for 19 years beginning in 1984 before they were a public company) - where MSFT seems to just come out with an "upgrade" which many times seems to us to be more complicated to use, or add ons that we don't need or use.... Apple manages to come up with truly useful products and software upgrades that enhance, or makes our lives, more fun or more productive. As a company for investing in -- being able to charge a premium price is directly linked to that companies ability to create desirable products. I think Apple (AAPL) has done this time and again. I only wish they shared that cash hoard with their shareholders. But it's hard to argue with their TOTAL RETURN. Remember we have to balance the dividend payout with growth... but the goal is fantastic total return.