Investing 102

[Sieg]

Originally Posted by XLexusTech

what do you think it will drop too? Overnight it was 465 I think

Squawk just said it opened at $458

[GregWeld]

I'm not trying to say I'm a genius here... I'm trying to say that I've lived all this and I'm trying to help you all understand the "issues" --- using my experiences both bad and good....

RE: APPLE



Go back and read my "priced for perfection" warnings....



This is exactly what happens when stocks have run up HUGE.... expectations are for even more "hugeness".... and then they hiccup.

The market is about perceptions - expectations - and performance. Miss one of these and you get absolutely hammered.


BUT -- Always the big butt! It could have just as easily run the other way --- blown out sales numbers - or blow out profits -- and it JUMPS $75 in a day... then you're kicking yourself for having "missed" this.


This is EXACTLY why I have quit trying to play that game -- and I just buy stuff that pays me a nice dividend -- doesn't move huge one way or the other -- and I go to bed at peace and wake up rested. The other stuff is too much heartache and too gut wrenching. I'm old - I can't take it anymore -- plus... it's just not fun when it goes against you.

[toy71camaro]

^^^ I was waiting for the reply. LOL The whole time I've seen it sinking (since the $700 mark) I've had that in the back of my head.. "priced to perfection"... and i had a feeling they were on a downward slope. I mentioned back when we were talking about that I was considering switching to an Android cuz I've just got tired of Apples stuff. <-- that fell into the investing 102 theory that we've talked about. I am a "buyer" of that product, and when I feel I am no longer wanting to be a buyer, I wouldn't want to be an investor either. <the old drive by lowes, if the parking lot is always empty, store is always empty, somethings up>

[XLexusTech]

IN @ 445... you make all your scratch on the buy baby.. BTW my "facey book" is kicking butt..

BPT however.. is out...

JNJ.. is the think that keeping me in balance...

[WSSix]

Heard an interview snipet on the radio about Apple from an investment expert. She said the same thing really. All I could think about was, "Yeah, I know a guy who said the same thing a long time ago"

[WSSix]

Looked in on my Fidelity account which is my company matched 401k and Employee Stock Purchase Program stock as well. Both are doing well especially the ESPP. That one alone is up 54% since I started a year and a half ago. Sure, that includes the gains from the discounted price I bought the stock at but it's still a gain. The 401k is difficult for me to know percentages since I get a good company match. It does show what I put in and what the company puts in though and those numbers make me happy

ESPP's are worth it!

[Flash68]

That is all.

[GregWeld]

Originally Posted by WSSix

Looked in on my Fidelity account which is my company matched 401k and Employee Stock Purchase Program stock as well. Both are doing well especially the ESPP. That one alone is up 54% since I started a year and a half ago. Sure, that includes the gains from the discounted price I bought the stock at but it's still a gain. The 401k is difficult for me to know percentages since I get a good company match. It does show what I put in and what the company puts in though and those numbers make me happy

ESPP's are worth it!

YES THEY ARE --- they're free money! Take advantage of them!

[hifi875]

got my year end report for my sep/401k, made 11.75% return last year. not bad considering the roller coster of a year.

[Bucketlist2012]

I know this is Investing 102 , so some of what I mention is actually Investing 101.

But everyone should be in their Companies Employer Matched funds if they are available..

When I worked , my company matched 10% and they also had a profit sharing program...

FREE Money. Plus I had them taking out 15%...Over a long period of time ??

Add to that having no consumer debt like Revolving Credit Card balances, or Car loans.

Then add to that a mid 3% Mortgage on a home you can afford ?

Then live within your means and have Investments on your own ?

Of course a high paying Job would be nice but not needed.

I may not be rich, but I am comfortable..