Now I don't know much about stocks, but is there time to buy stock in Apple, and is it a good time? Would I be able to just buy a couple hundred dollars worth? Someone please help!
2007-06-28 16:33:02 · 5 answers · asked by x_kookoo4kokopuffs_x 4 in Business & Finance ➔ Investing
Yes you can buy a "couple of hundred" dollars worth. Just buy the number of shares you're at ease with.
BUT: It's great that you're looking to getting involved in stock investing.... but think about what you're doing;
You're asking total strangers how to invest your money. You can't verify their qualifications or motives. I suggest you look at another approach.
READ READ READ...... Learn as much as you can. Make your own "educated" investments. Don't ever let yourself ignore a clear "asset allocation" that works for you.
If you're new to investing.... a large cap Diversified Mutual Fund could be a better way to start.............................
2007-06-28 16:48:08 · answer #1 · answered by Common Sense 7 · 1⤊ 0⤋
We bought AAPL when it was approaching 80, wondering if it had peaked. Happily no. The past couple weeks its value has been moved from 130s to 160s by year end by the experts. They likely know more than I ever will.
There will probably be the usual nervous dip before the big news of iPhone reaction, (as before WWDC, MacWorld, and other product or earnings release dates), often followed by a spike of 8% or more, then sudden drop to normalcy often a few days to a week after the spike from the major news events. It doesn't fit the rules I just learned but if I were crazy, I'd set sell points a bit below my buy point and 5% above, and get out with a nice profit or not too much loss.
The iPhone, like the iPod, isn't perfect. But oh, how I want its functions in one piece like it offers. My Treo isn't nearly as useful, but nearly as expensive when I got it. I will have an iPhone, but perhaps not tomorrow.
Interesting to note, AAPL has split in June twice before, and we've been hoping for another split to come soon.
Apple has some striking good tech, and is likely to grow stronger in the long run. We're in it for the buy and hold, but now do adjust our stop-loss points accordingly.
This is one stock I find hard to NOT be emotional about, I've been using Apple product since the Apple ][. During the training I kept coming back to knowing I'd have to be just as strict about the stop-loss on AAPL as with any other stock. So, that was the first adjustment we made when we got home that night.
Happy learning!
Steve
2007-06-28 17:59:11 · answer #2 · answered by Steve J 1 · 0⤊ 0⤋
You can buy one share of stock, but you have probably missed the bubble. The stock is already up. A good time to buy it would have been several months ago when word first got out about the iphone. Now with all the hype everyone is jumping in and raising the stock price. You have heard "to make money in the stock market you have to buy low and sell high". That is exactly opposite of what most folks do. They hear about a great stock after it has taken off and they buy it, then when the stock begins to fall they panic and sell it.
2007-06-28 16:54:56 · answer #3 · answered by Don 5 · 0⤊ 0⤋
I would wait and see what the headline on the iphone is monday morning. Hope everyone sells the news, and buy it 10 to 15 points lower. If you dont get a sell off, own it above 125. Long term looks great.
2007-06-28 16:40:12 · answer #4 · answered by Gianpaolo a 1 · 0⤊ 0⤋
Yes, Granny Smith and Red Delicious are in season but I dunno about a hundred dollars worth unless you are having a bake sale.
2007-06-28 17:00:32 · answer #5 · answered by cbsmith300 3 · 0⤊ 0⤋