Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Jan 19, 2023 2:43:50 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Jan 19, 2023 2:54:28 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Jan 19, 2023 3:04:54 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Jan 19, 2023 3:13:51 GMT -8
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Post by hledgard on Jan 19, 2023 7:25:46 GMT -8
From the above, it appears that Apple is struggling with a bunch of new products, but with not much success.
And I still wonder whether these are products in search of a market.
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mark
fire starter
Posts: 1,631
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Post by mark on Jan 19, 2023 8:15:27 GMT -8
From the above, it appears that Apple is struggling with a bunch of new products, but with not much success. And I still wonder whether these are products in search of a market. Seems more like analysts and other commenters struggling with figuring out which products Apple may choose to release and when they might release them. It's mostly irrelevant to discuss what Apple is working on, because Apple is gigantic and works on almost everything (phones, chips, cars, watches, smart speakers, ai, cloud, computers, tablets, vr/ar, displays, streaming, av, communications, etc).
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Jan 19, 2023 11:10:10 GMT -8
I wish they would work on a Airport router.
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Post by Luckychoices on Jan 19, 2023 12:04:47 GMT -8
Apple will pay their February quarterly dividend in less than a month. My wife and I have auto-reinvested the AAPL dividends in our IRA's since Apple restarted their dividend program in August of 2012. Last year, 2022, that meant the IRA dividends bought new AAPL shares at a low of $146.59/share, on 05/12/22 and a high of $171.89/share on 02/10/22. If the February 2023 AAPL dividends end up buying new AAPL shares at $130/share or lower...so be it. It'll just be one more unexpected burden AAPL Longs will have had to endure. 😎 I like the idea in general. Basically dollar cost averaging, but on a quarterly instead of paycheck basis. In general it should work well, since in general the market and AAPL goes up. In practice, it *has* worked well, IMO. Over the last 10+ years, the average cost basis of our auto-reinvested IRA AAPL dividend shares, purchased 4 times a year on the day AAPL dividends were paid, with no regard to the AAPL share price at the time, is $42.80/share. But I guess I see the importance of trying to understand what is going on in the market. It would be like using auto-pilot, or even just cruise control, without knowing how to drive or understanding the situation. It might do ok, or even just fine. Who truly understands what’s going on in the market, other than generalities…bad economy, interest rate concerns, etc.? In my opinion, anyone who has an accurate understanding of the market and it’s movement along with the confidence to invest accordingly, should be so wealthy they no longer need to worry about market movements. I convinced myself, in just a very few years after my wife and I invested in AAPL, that I'll *never* understand what's going on in the market in a micro-sense, so it would be helpful for our investing...and I'm fine with that. Or, especially in certain circumstances, it might not work too well. I'd like to feel that my wife and I didn't invest blindly in AAPL. We lost about $100,000 in the Tech Crash of 2000 while we were considering ourselves *diversified*. That's when we decided to only invest in stocks where we used the products of the company and were comfortable with the management team. It just so happened that we were pleased with the results of our initial AAPL investments and never expanded to other stocks. But if we lost confidence in either the products or the management, we'd sell our AAPL stock. As a scientist and engineer, I sometimes find it interesting to look back at times where society just didn't know things. I have a degree in physics, worked the majority of my career as an engineer and was never a scientist…but I also find it interesting to look back at those times. However, I don’t find the application of historical market behavior relevant to present day investing. Having some understanding and even probable guesses about what the market will do seems better than just not caring. Especially when there are those out there that think cryptocurrency or even lottery tickets are a better retirement investment than stocks. I would never say I don’t *care* about market movements…I’m just not a person to gamble on them. Almost 50 years ago, the mother of my two sons and I were at South Shore casino in Lake Tahoe. I would stay outside the casino with our 14 month-old son while she went in to play the slots until her roll of coins were gone...and then it was my turn. I fed those coins into the slot machine with reckless abandon…but when that $2.00 roll of nickels was gone…I was done. Granted, that was with consideration of our finances at the time, but the fact remains…I’m not a gambler. Cryptocurrency and lottery tickets are for gamblers.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Jan 19, 2023 13:11:43 GMT -8
Well, at least we closed in the green.
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