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Post by rickag on Jun 27, 2016 3:26:35 GMT -8
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Post by gtrplyr on Jun 27, 2016 5:20:58 GMT -8
Android is in very bad shape at this point. Although the bigger concern seems to be saturation of the entire market ...... I really hope Apple has some decent numbers for iPhone sales with the inclusion of the 5SE.
Cheers to the longs.
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Post by archibaldtuttle on Jun 27, 2016 7:21:22 GMT -8
How low can we go...
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Post by nagrani on Jun 27, 2016 7:24:55 GMT -8
Hi guys. Bought back into Apple today. Purchased Jan 2017 100 calls. Just a trade. Will get and out after an oversold bounce.
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Post by sponge on Jun 27, 2016 8:47:14 GMT -8
I bought more stock today as well.
Dipped in some July options as well.
We are making buying on weakness list today.
Given the uncertainty in world and here with US election, we could be in for a roller coaster ride in the next 6 months.
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Post by Luckychoices on Jun 27, 2016 9:58:41 GMT -8
Hi guys. Bought back into Apple today. Purchased Jan 2017 100 calls. Just a trade. Will get and out after an oversold bounce. I bought more stock today as well. Dipped in some July options as well. We are making buying on weakness list today. Given the uncertainty in world and here with US election, we could be in for a roller coaster ride in the next 6 months. If any member buys more AAPL to HOLD long term, please don't hesitate to post it. I'm wondering if more folks on the board now TRADE AAPL rather than hold it.
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Post by tuffett on Jun 27, 2016 10:54:17 GMT -8
Hi guys. Bought back into Apple today. Purchased Jan 2017 100 calls. Just a trade. Will get and out after an oversold bounce. I bought more stock today as well. Dipped in some July options as well. We are making buying on weakness list today. Given the uncertainty in world and here with US election, we could be in for a roller coaster ride in the next 6 months. If any member buys more AAPL to HOLD long term, please don't hesitate to post it. I'm wondering if more folks on the board now TRADE AAPL rather than hold it. I think you're right - it's the way to go going forward. A megacap stock that makes giant swings is just begging to be traded.
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bud777
fire starter
Posts: 1,353
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Post by bud777 on Jun 27, 2016 11:30:16 GMT -8
We are getting very close to the situation we had in 2013 when the AAPL dividend was bigger than the interest rate on a cash out refinance 7/1 ARM. I am still up about 300k on that deal plus another $100k from selling covered calls. It is not for everyone, but something to consider
Most mortgage companies have off book rates they are very attractive if you offer a good loan to value. Consider borrowing about half your equity and you should see rates around 2.5%.
I am thinking hard about doing this again if rates fall
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,431
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Post by chinacat on Jun 27, 2016 12:31:50 GMT -8
We are getting very close to the situation we had in 2013 when the AAPL dividend was bigger than the interest rate on a cash out refinance 7/1 ARM. I am still up about 300k on that deal plus another $100k from selling covered calls. It is not for everyone, but something to consider Most mortgage companies have off book rates they are very attractive if you offer a good loan to value. Consider borrowing about half your equity and you should see rates around 2.5%. I am thinking hard about doing this again if rates fall Great to have you back, bud777, for several reasons! Hope Since84 follows shortly.
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Post by Luckychoices on Jun 27, 2016 13:36:51 GMT -8
If any member buys more AAPL to HOLD long term, please don't hesitate to post it. I'm wondering if more folks on the board now TRADE AAPL rather than hold it. I think you're right - it's the way to go going forward. A megacap stock that makes giant swings is just begging to be traded. It's just A way to go, going forward. For those of us that are not financial risk-takers and have proven to ourselves over the years that we lack the experience, knowledge and therefore the desire to use options or trade shares, buying and holding continues to provide a very profitable and, IMO, low-risk way to invest in Apple Inc.
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Post by tuffett on Jun 27, 2016 15:33:17 GMT -8
I would argue that at this stage of the game it's less risky to take profits and buy back on dips rather than hold through thick and thin. It's not like AAPL is going to be a 10-bigger from here - we will be lucky to see 100% over the next several years. Of course you could miss out on some gains but when was the last time AAPL ran away without providing an opportunity to get back in? Selling at defined levels and buying back at defined levels - whatever they may be - is a more low-risk strategy because you are locking in profits while selling at relative highs and buying at relative lows.
Not just because of AAPL, but with global near-zero interest rates, Brexit, China slowdown, lofty overall market valuations, there are a lot of macroeconomic events to be concerned about.
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Post by Luckychoices on Jun 27, 2016 17:42:58 GMT -8
I would argue that at this stage of the game it's less risky to take profits and buy back on dips rather than hold through thick and thin. It's not like AAPL is going to be a 10-bigger from here - we will be lucky to see 100% over the next several years. Of course you could miss out on some gains but when was the last time AAPL ran away without providing an opportunity to get back in? Selling at defined levels and buying back at defined levels - whatever they may be - is a more low-risk strategy because you are locking in profits while selling at relative highs and buying at relative lows. Not just because of AAPL, but with global near-zero interest rates, Brexit, China slowdown, lofty overall market valuations, there are a lot of macroeconomic events to be concerned about. It's less risky to sell and pay capital gains taxes on your profit? Or, even worse, take a loss? Meanwhile, no quarterly dividends, and have I mentioned I'm not good at recognizing dips? Don't misunderstand me, if you're that good at selling at relative highs and buying at relative lows, more power to you. It's just not for me. BTW, a very good friend of mine used to repeat a phrase to me when I'd meet him in the hallways at work. He knew my wife and I were buying AAPL and it was doing pretty well shortly after we started buying. So he'd see me coming and raise his voice just a little to tell me, "Sell. Sell. Lock in that profit!" as we passed each other. That wasn't our plan so I'd just smile.
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Post by firestorm on Jun 27, 2016 18:38:12 GMT -8
There is a good article on The Mac Observer about the future of the Mac Pro: www.macobserver.com/columns-opinions/particle-debris/apple-kills-thunderbolt-display-will-mac-pro-next/I have always felt that the strong support of Apple by creatives had a halo effect that added to Apple "cool." But in the last few years Apple has eliminated or neglected important tools for content creators. Could it be that Apple just doesn't care about creators any more, and prefers catering solely to consumers? Could it be that Windows might, of necessity, be in my future?
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Post by mace on Jun 27, 2016 19:06:48 GMT -8
Am I right that creatives no longer upgrade their machines annually? How long is the replacement cycle? Seem pretty expensive for Apple to upgrade Mac Pro regularly to cater for a small group. I believe Apple will always sell Mac to the creatives. Is just a bit slow in upgrading their designs, not just because of smaller segment but the advances in technology doesn't justify coming up with a new machine.
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Post by BillH on Jun 27, 2016 20:25:24 GMT -8
Am I right that creatives no longer upgrade their machines annually? How long is the replacement cycle? Seem pretty expensive for Apple to upgrade Mac Pro regularly to cater for a small group. I believe Apple will always sell Mac to the creatives. Is just a bit slow in upgrading their designs, not just because of smaller segment but the advances in technology doesn't justify coming up with a new machine. There was also a lot of chatter about the Pro's continuing to by iMac's even after the Pro was released because they were so tickled with them and really liked the AIO aspect.
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Post by tuffett on Jun 27, 2016 23:08:52 GMT -8
I would argue that at this stage of the game it's less risky to take profits and buy back on dips rather than hold through thick and thin. It's not like AAPL is going to be a 10-bigger from here - we will be lucky to see 100% over the next several years. Of course you could miss out on some gains but when was the last time AAPL ran away without providing an opportunity to get back in? Selling at defined levels and buying back at defined levels - whatever they may be - is a more low-risk strategy because you are locking in profits while selling at relative highs and buying at relative lows. Not just because of AAPL, but with global near-zero interest rates, Brexit, China slowdown, lofty overall market valuations, there are a lot of macroeconomic events to be concerned about. It's less risky to sell and pay capital gains taxes on your profit? Or, even worse, take a loss? Meanwhile, no quarterly dividends, and have I mentioned I'm not good at recognizing dips? Don't misunderstand me, if you're that good at selling at relative highs and buying at relative lows, more power to you. It's just not for me. BTW, a very good friend of mine used to repeat a phrase to me when I'd meet him in the hallways at work. He knew my wife and I were buying AAPL and it was doing pretty well shortly after we started buying. So he'd see me coming and raise his voice just a little to tell me, "Sell. Sell. Lock in that profit!" as we passed each other. That wasn't our plan so I'd just smile. Equally, I've had several people tell me to sell and lock in my profit...and they were right. Selling rallies and buying dips doesn't necessitate that you catch the tops and bottoms, but it can certainly save a lot of heartache. Just an example, buy when AAPL hits a P/E of 10-11, sell at a P/E of 14-15. Or buy after a 15% correction, sell after a 20% rally. Stick to the rules you set yourself and you'll do well while playing a more conservative style. You could do worse, equal or better than a simple buy a hold - only hindsight will tell you - but it is certainly a more conservative method, which might be what these times call for. If you're in AAPL for the dividends, there are plenty of other options with much better yields that are also safe. If you're worried about divided income, every time you sell for profit use the gains to plow into a high yielding stock. This way you build up a diversified high yielding portfolio while also catching a lot of capital gains upside that AAPL has to offer. Again, I have to reiterate that AAPL's next 20 years are not going to follow it's last 20. A $500B company is simply not going to grow at amazing rates. Being all in on AAPL today is in my opinion not at all a safe thing to do. You're right about the tax, it is an issue for most of you. Not sure how much of a difference it makes. Not me as I'm Canadian - short or long term doesn't matter, it's the same rate, so I didn't think about it.
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Post by appleaddict on Jun 28, 2016 4:48:42 GMT -8
Am I right that creatives no longer upgrade their machines annually? How long is the replacement cycle? Seem pretty expensive for Apple to upgrade Mac Pro regularly to cater for a small group. I believe Apple will always sell Mac to the creatives. Is just a bit slow in upgrading their designs, not just because of smaller segment but the advances in technology doesn't justify coming up with a new machine. I've been freelancing in print work for 25 years. I just bought a MacBook Pro this year for portability. My last purchase was a fully loaded MacPro tower in 2009. It still did the job for me even after 7 years. On average I've been upgrading about every 5 years.
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