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Post by Luckychoices on Nov 20, 2023 15:50:34 GMT -8
Thanks for posting the link! I was just about to do so myself. It's a very well-written article, IMO...and should be read by all AAPL investors. I enjoyed the article before I even looked at the author's name.
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Post by Luckychoices on Nov 20, 2023 15:41:36 GMT -8
These commercials are classics! Loved them then...love them now! Thanks for posting the link, Dave.
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Post by Luckychoices on Nov 17, 2023 13:05:04 GMT -8
Good. Elon Musk deserves to lose it all, IMO...he's shown us the person he really is.
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Post by Luckychoices on Nov 17, 2023 11:30:24 GMT -8
I know some of the members of AFB are *only* Long AAPL, like I am...whereas many others have various investment methods which have been successful for them over the years. When AAPL tracks up and down repeatedly, like it has so far today...I'm happy to just stay out of the day-to-day, minute-to-minute movement of the share price and be a boring long-term AAPL investor. Today, the share price has varied within a $1.81 range...and, even though I *see* the many fluctuations, I'm comforted by knowing that doesn't affect the long-term direction of the stock...which has been upward...albeit, sometimes only upward when viewed with years in the time axis. I don't want to jinx anything...but $200/share before the end of the year seems very doable.
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Post by Luckychoices on Nov 10, 2023 13:28:49 GMT -8
OK, so I couldn't resist plugging this week's values into my spreadsheet and appreciating how the 7 stocks were green two weeks in a row...except for TSLA which finished red this week. Just a reminder, the % shows today's price at market close compared to an ATH from 2021 or 2022. AAPL and MSFT are the only two stocks of the seven which have a new ATH set in 2023. AAPL has done really well recently...and MSFT is killing it at 109% of its *former* ATH from 2 years ago. All in all...not a bad week to be invested in AAPL or MSFT.
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Post by Luckychoices on Nov 1, 2023 13:33:27 GMT -8
My older son, who also prompted me to consider buying an Apple computer years ago (when I planned to get a PC Clone), sent me a link, also years ago, to a site called Daring Fireball, authored by John Gruber. I recommend the site to any AFB member who may be unfamiliar with it...and I particularly want to recommend his article from yesterday, Tuesday, 10/31/23. It deals with Apple's recent event from Monday, 10/30/23. I've enclosed the article below for your convenience. DOWNPLAYING THE FACT THAT APPLE SHOT ‘SCARY FAST’ WITH IPHONES ★Jess Weatherbed, writing for The Verge under the headline “Here’s What Apple Really Means When It Says ‘Shot on iPhone’”: "It’s a neat way to promote the recording quality of iPhone cameras, but it’s not like everyday folks can recreate these kinds of results at home unless they happen to own a shedload of ludicrously expensive equipment. The gear shown in the “Scary Fast” behind-the-scenes footage is fairly standard for big studio productions, but Apple’s implication with these so-called “shot on iPhone” promotions is that anyone can do it if only they buy the newest iPhone."John Gruber: I saw a few folks mocking Apple for this on Mastodon and Threads, too. This is ridiculous. Do these people think that previous Apple keynote films were shot with just a single camera person wielding something like a $40K RED cinema camera and no crew, no lighting, no cranes? That the iPhone “needs help” that traditional cinema cameras do not? I mean, guess what, they used professional microphones too.
Apple occasionally points out that they make all their software — iOS, MacOS, Safari and Webkit, Final Cut, the iWork suite, Photos and Camera … all of it — using Xcode, Swift, Objective-C, and the AppKit, UIKit, and SwiftUI frameworks that they offer free of charge to all developers. Pissing all over Apple for using expensive production sets for their keynote shoots while promoting the fact that they shot it using iPhone cameras is like pissing on Apple’s developer offerings because a lone developer or small team couldn’t create an entire operating system or non-linear professional video editing system.
The whole point is that an iPhone 15 Pro camera is so good that it can fit right in on a high-budget commercial film shoot, and produce world-class results. There’s no implication that a casual user can get results like this by just hitting the shutter button in the iPhone Camera app. That’s why Apple made an entire behind-the-scenes documentary! To show us what it takes to make something look this good.
Why be so cynical? What Apple has accomplished here is extraordinary. They shot a 30-minute film using the same phone cameras they sell to hundreds of millions of people around the world, and the footage looked so good that no one could tell it was shot using iPhones until they told us so.
This is Apple at its best: they make tools for us, using those very same tools themselves.
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Post by Luckychoices on Oct 19, 2023 11:26:38 GMT -8
It's interesting to me that Bloomberg can put out their usual Apple hit piece: Apple Investors Face $340 Billion Hole as Woes Mount • Negative growth and high valuation weaken arguments for buying• Analysts are growing more cautious about the stock’s prospects**But if one actually *reads* the article instead of just going by the title, perhaps Apple is not doomed after all: “There are always challenges, but this does seem like a trickier time, especially with the multiple being at the high end of the historical range,” said Michael Kirkbride, portfolio manager at Evercore Wealth Management. “We’re very cautious about adding to positions here, but would love to buy at a lower price.”**IOW...we're not buying *now*...but we would do so if AAPL goes lower. And of course, I would love to ask, "Did you buy during the first week of this year when AAPL was <$130... BLOCKHEADS?" and “Apple remains a top brand globally, it has unparalleled supply-chain expertise, and its free cash flow means that the return of capital is historically different than you get at other companies. It’s worth sticking around for that.”
**So for long-term holders of AAPL, don't panic..."it's worth sticking around".
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Post by Luckychoices on Oct 18, 2023 11:15:31 GMT -8
Another day, when some people make a great deal of money in the market...and other people lose a great deal of money in the market. I alway check AFB several times a day...and I check yahoo!finance from time to time to see how AAPL is doing. On days like today, when I see AAPL going from peaks to valleys, I always think, "Who are these people? Who plays this game where the share price varies so much for little or no reason"? Today, for example, AAPL has had a range of $2.15/share...and it's peaked and cratered several time with about an hour to go. MSFT and META are acting about the same. So, I checked a few other stocks and some are just headed *lower*, like NFLX. Not much indication it'll finish anywhere near green. And NFLX had a range today of $10.06/share when I checked...even META had a range of $7.62/share. Holy moley!! Who are these people?
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Post by Luckychoices on Oct 13, 2023 12:21:20 GMT -8
Down too sharp, I bet it recovers and finishes flat or slightly green! My "Like" for zebrum's comment is a perfect demonstration as to why I'm an AAPL Long and don't try to determine which way the market will go with respect to AAPL. 😎
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Post by Luckychoices on Oct 11, 2023 9:48:32 GMT -8
What a typical day for AAPL...the market's been open for about 4 hours and AAPL has varied between $178.12 and $179.72...$1.60 range. And for what reason? For day traders to make money, IMO. This is a very common misconception. When day traders trade stock between themselves within the price range of $178.12 and $179.72, there is a buyer and seller each time. Net net, they don't make all that much, because when one of them "makes" money, the other one "loses" money. The main cohort that "makes" or "loses" money that day are the people who hold the stock. Look at it this way, the person who bought at $178.93 and sold at $179 made 7 cents, the person who bought at $179 and sold at $178.93 lost 7 cents. But everyone else who simply held the stock "lost" 60 cents on Tuesday. HOWEVER, because over the long term, stocks almost always go up, the holders of stocks almost always "make" more than the day traders of stocks. Thanks, Mark. Forgive me for using "day traders" when referring to folks making money from share price movements unrelated to any news. It was just a convenient term to indicate the share price movement was made so that *someone* could make short-term money. The stock movement shown in my original chart wasn't based on financial news, world news, or any news, IMO. The two charts below, screen shots from this morning, illustrate to what I was referring. Five minutes after the stock opened at $178.20, it had climbed $.64 to $178.84, as shown in the first chart. Then, as shown in the second chart, AAPL dropped to $177.78...-$1.06 drop in 15 minutes. To me, this isn't day traders trading "stock between themselves" but instead a huge drop where someone made a great deal of money in a very short time. The reason stocks move around somewhat each day is because of liquidity. Every minute of every day, there are new people placing their orders, and some are willing to pay a few cents more, and some are willing to sell for a few cents less, across an entire day (6 1/2 hours of regular trading) you end up with the variations we see. OK, I'm pretty certain that's a good explanation of what's happening during a market day. And I suggest that's what we see in the red box in the 3rd chart taken from the first part of today's market chart for AAPL. In any case, Mark, thanks for your insights on the effects of day trading...yet another area in which I'm blissfully ignorant. 😁
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Post by Luckychoices on Oct 10, 2023 9:50:39 GMT -8
What a typical day for AAPL...the market's been open for about 4 hours and AAPL has varied between $178.12 and $179.72...$1.60 range. And for what reason? For day traders to make money, IMO. TSLA, AMZN and META have been green since the market opened...GOOG is green now, after starting the day in the red. AAPL and MSFT have been in and out of the green today and, this year in particular, I'm so glad to be *long* AAPL..instead of trying to anticipate the daily, weekly or monthly movements when it comes to the stock. YMMV
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Post by Luckychoices on Oct 6, 2023 12:34:57 GMT -8
A nice end to the week...and the first since W/E:09/01/23 that all 7 stocks ended the week green from the previous week. It's common for AAPL to be over 90% of its *previous* ATH of $182.01...it's been over 90% since the last week in March, but now GOOG is over 90% of its *current* ATH for the first time this year. MSFT, as usual, is also doing well at 96.5%...META is over 70% while AMZN and TSLA are still less than 70% of their current ATH. NFLX trails all the other stocks, being only 55.2% of its current ATH. Hope we have many more green weeks ahead of us!
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Post by Luckychoices on Sept 30, 2023 13:08:46 GMT -8
Okay, before everyone gets their pitchforks and touches out know that this is not a hit piece against the iPhone. But it is a humorous and serious look at what may be next in the evolution of the smartphone. It’s about 23 minutes long, by Joe Scott The End of the Smartphone is NearDave, it appears to me that you posted this on last week's Week Ending thread, Week Ending September 23, 2023. That's why the first post of this thread is from chinacat, showing a date of Sep 23, 2023. Also, if one looks in the section, Weekend Updates, last weeks update is missing. I'd suggest that this thread be re-identified as Week Ending September 23, 2023, and a brand new thread with the correct labeling be created. Your post should then be moved to that thread and the last 4 posts of nwjade and chinacat should be deleted, IMO.
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Post by Luckychoices on Sept 23, 2023 13:36:34 GMT -8
AAPL has had 3 bad weeks in a row, where the stock ended down from the previous week...yesterday all 7 of the stocks on this table ended down from the previous week. But don't forget that of the stocks on this table, only AAPL and MSFT have set new ATH's in 2023...the other 5 have ATH's from back in 2021 or 2022. It's also good to keep in mind that even though we've dropped about -12.4% from the ATH set at the end of July, AAPL is still up 34.5%, YTD, after dropping -28.6% in 2022. There are better days ahead for AAPL, IMO.
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Post by Luckychoices on Sept 17, 2023 19:01:20 GMT -8
I don’t have any answers concerning climate change but I do have a lot of questions. - Why is it that when someone questions our responsibility for the climate the debate is not allowed? Scientific truth can only be found through debate. Question everything. History is full of examples where the scientific truth of the day was later revealed to be wrong. Why you would make the statement that debate about "our responsibility for the climate" is not allowed? It's obviously still being debated...hence the negative comments on AFB about the Apple Event commentary regarding climate change. People used to believe the Sun orbited the Earth…perhaps some still do. Others believe COVID-19 vaccines are being used to inject tracking chips…the people sentenced to prison terms as a result of their January 6th activities are patriots…and that TFG actually won the election in 2020. I have no problem with people debating any of these things. I just don't care to participate in those debates because I've seen and read enough to consider it a waste of my time. - Has the earth ever gone through extreme swings in temperature before? What is normal? Does normal exist? Climate is always changing. Why is climate change of concern now? - How much heat and debris does one volcano produce compared to all of heat and debris that society produce? Glad you asked. The answer to the first question is here.. What do volcanoes have to do with climate change?"Annually, human activities produce about 100 times the carbon dioxide (CO2) of Earth’s volcanic eruptions”Should we outlaw volcanic eruptions? No. - If the earth is warming, why are we not preparing for the new opportunities that it will bring? Such as land that was once too cold for crops would now be capable of producing food. Sea ports would now be navigable that are otherwise frozen. Perhaps you can educate me about "new opportunities that it will bring”. So far, I just see articles like this one: Let Venice Sink"The impulse to save everything no longer makes sense. It's time to leave the city as a monument to the dangers of global warming—and rethink our relationship to heritage"- I remember when the climate change community was predicting a coming ice age. If the global temperatures should start to decrease should we start the return to burning carbon and try and heat the atmosphere so that we could stay warm? It would probably be best to deal with the present situation...and if " the global temperatures should start to decrease”, decide what needs to be done. - The climate change movement is a religion and should be treated as such. It meets all of the criteria. It’s been said that if you don’t believe in God then you will believe in anything. Is this where we are at as a society? It’s your *opinion* that “the climate change movement is a religion”. I just see it as a strongly held scientifically-based opinion. - Would the climate change movement still exist were it not for the large corporate and governmental contributions? There is just too much money to be made and too much power to be gained. Shouldn’t we tread cautiously? The answer I would give is “Yes" to the first question and "I think we already have" to the second.
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Post by Luckychoices on Sept 16, 2023 21:58:39 GMT -8
Let me try to understand this...are you suggesting the scientific studies of the dangers of *climate change* are equivalent to the scientific studies of the dangers of *chemtrails? I don't believe that's anywhere near being true...so I don't believe it "makes a whole mess of the logic" at all. If you do, I'm fine with that. Sorry. I has just saying that using the "it would be really bad if we didn't believe it but it was true" wasn't the best reasoning, partly because it could be used as an excuse for a whole host of other things.Not the best example I guess, and I must not have even done too well at using it, instead distracting from the issue. I know what contrails are, and even though I was around with aerial spraying for medflies, I'm not one who thinks some of them are "chem trails", even if it is interesting to read about cloud seeding. Onward and upward! That's true...it "could be used as an excuse for a whole host of other things". But if someone used that reasoning with no scientific evidence showing that it was, or could possibly be true, I still fail to see how that would be equivalent to something that could mean the end of civilization...not in our lifetimes, but in generations to come.
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Post by Luckychoices on Sept 16, 2023 18:30:32 GMT -8
The most important idea in the discussion about climate change, IMO, are the *consequences* of being wrong. If the folks who are concerned about our responsibility to climate change are incorrect, *huge* amounts of money and effort will have been wasted. However, if the climate change deniers are wrong, the disastrous effect climate change will have on our world may be irreversible. Humanity can’t afford to take that chance, IMO. While I like the idea of that logic, using it in another way makes a whole mess of the logic. Few of us have access to the guts of a jumbo jet. If a Chem Trails conspiracy theory were true, we just wouldn't know. Can humanity take that chance?
Let me try to understand this...are you suggesting the scientific studies of the dangers of *climate change* are equivalent to the scientific studies of the dangers of *chemtrails? I don't believe that's anywhere near being true...so I don't believe it "makes a whole mess of the logic" at all. If you do, I'm fine with that. But when I did a quick search on "Are chemtrails real" I got 2,400,000 results...one of which was a Scientific American article: What Are Chemtrails Made Of? I think I'll stick with the Scientific American article when it comes to chemtrails...and you can stick with believing the dangers of chemtrails may be on par with the dangers of climate change. Not to get religious, but the same can be said about not believing in God. If you're wrong... And I wouldn't be shocked to find out some people are religious for that very reason. The big difference is, in the case of climate change, it will affect *everyone*...not just the person who may or may not be religious.
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Post by Luckychoices on Sept 16, 2023 15:00:13 GMT -8
After the Apple Event last week, there were several contemptuous comments on AFB regarding climate change and Apple’s effort to help minimize their contributions to it. I believe in the research I’ve read supporting mankind’s responsibility for climate change...although I realize many people do not.
In, what I considered a very well-written comment I saw during the week, which supported Apple’s effort, this paragraph in particular stood out to me:
“Does it cost more? Yes. Does it take a lot more work? Yes. And does it make a difference? Yes! Because if Apple is wrong, they are still making an environmental impact and showing it can be done. And if Apple is right, they are making an important contribution to reducing man made or corporate made climate change and carbon emissions, especially at Apple level volumes and scale worldwide.”
The most important idea in the discussion about climate change, IMO, are the *consequences* of being wrong. If the folks who are concerned about our responsibility to climate change are incorrect, *huge* amounts of money and effort will have been wasted. However, if the climate change deniers are wrong, the disastrous effect climate change will have on our world may be irreversible.
Humanity can’t afford to take that chance, IMO.
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Post by Luckychoices on Sept 15, 2023 9:23:24 GMT -8
If there is going to be some sort of ranking, I would prefer to see it based more on quality than quantity. However, I do recognize that would be more subjective and arguable. I’d just as soon skip the whole ranking idea, which puts more focus on the posters than on Apple, which I think is what most of us are here for. “Likes” are good enough as far as I am concerned. Yep, that's how I am feeling, and how Lovemyipad had it set, to just list everyone as "member". It's not that I am against rewarding higher post count, but personally I am just as happy to see an informative or thought provoking post from hrace as I am from coma. On the mobile version it lists the rank but doesn't list post count. Proboards doesn't have a way to give people a different rank or name based on how many "likes" they have. There might be a way to manually do it, but I'd have to see if there is a "total like count" somewhere. What are others thinking about it? We could have one level, say below 5 or 10 posts, that is "new member". We have so many long-time members who have never posted, some who even log in. But that would help us acknowledge "new poster"s on the site. I agree with both chinacat and you about the idea of using "Likes". Have "New Member" below a certain low number of posts, 5 or 10, and change it to "Member" after that number is exceeded.
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Post by Luckychoices on Sept 9, 2023 16:41:12 GMT -8
Some of the AFB members spoke so highly of PED's Apple 3.0, I had to sign up for a year and see how I liked it. So far, so good. And I must admit, seeing a video, even one as poor quality as this one, made me chuckle. Steve Ballmer mocking the soon-to-be-released iPhone...who could imagine a phone with no keyboard being successful? Ballmer Laughs at iPhone
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Post by Luckychoices on Aug 26, 2023 11:14:23 GMT -8
I was reading Daring Fireball, specifically "Giving Up The iPad-Only Travel Dream"...which linked to an article discussing the frustration of those folks who'd like the iPad to have sufficient capability to allow the MacBook to be left home when traveling. In the paragraph where John Gruber is discussing his own frustrations, he posted this: "So when I travel, it’s never a question whether I’ll pack my MacBook Pro. Even if I don’t plan or want to work during a particular trip, the one-man-show nature of Daring Fireball means I feel that I need to be able to. (I was on a family vacation, preparing to head to dinner, when this news broke 12 years ago yesterday.) The question is whether I even pack my iPad Pro at all, or just go it alone with iPhone and Mac. When I’m packing, I generally wind up tossing the iPad in my bag, thinking I’ll miss it if I don’t. But when I do just leave the iPad at home, I don’t miss it. It’s confounding, though, because I’m going on a trip next week and I bet I’ll take my damn iPad."Clicking on the above link will take you to the coverage Gruber posted on Wednesday, 24 August, 2011, when Steve Jobs resigned as C.E.O. of Apple. I found reading Gruber's article moving, insightful and interesting...because we now know how Apple has fared over the last 12 years as a company and as an investment, despite losing its vital and critically important co-founder. I'm personally glad he chose Tim Cook as his successor.
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Post by Luckychoices on Aug 19, 2023 12:00:46 GMT -8
I'm going to start this one a little early.And really, in the longer term picture, it doesn't matter much if rates go up another quarter percent or not. It could lengthen the timeframe that rates are above some level, like 4%. But for someone looking 10 or more years out, or possibly just 5 years out, it shouldn't matter much. And maybe Lucky's next dividend repurchase will net him a few more shares.You know, it's been surprising to me that so many investors, on AFB and other sites, have been a little freaked out about AAPL's recent pullback from the $190's. But as an AAPL Long, I *love* to see a pullback in share price when it's dividend time. I talked to one of the Charles Schwab guys today because I'm always a little disappointed that my dividend-purchased shares don't show up until the day after my AAPL dividends and he explained very clearly, what I'm sure the less-dense AFB members already know. Charles Schwab has to make the auto-reinvest purchases of a stock *gradually* during the day...and then they average those purchases so everyone pays the same price. Obviously, the other financial companies do much the same. Anyway, I did a simple calculation to approximate the obvious...the difference in total shares between buying shares at a lower price than $195/share. Since today's range was $173.48 to $177.51, I used $175.00. Buying shares at, or close to that price will result in picking up about 11% more shares that if new AAPL shares were purchased at $195. Is this a great company or what? 😎 Sorry for replying to myself but I just looked at the new dividend-purchased shares that were added to our IRA's because of AAPL's August dividends and the recent drop in the AAPL share price was even a little more advantageous than I expected. I had used $175 as the approximate price price of the new shares and $195 as the *possible* price without the recent pullback...as it happened, our new shares were purchased at $171.51. Consequently, we ended up with 12.4% more shares than I had guessed. Not a huge difference over the 11% guess, but it meant 7 more shares. I'll take it. So now that AAPL dividends have been paid and the new shares purchased, let's get ready for AAPL to revisit the $190's. 😎
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Post by Luckychoices on Aug 18, 2023 22:05:55 GMT -8
Just feel the momentum has shifted negative. Feel AAPL needs something specific to change the tune. The momentum has shifted negative for most of the market, IMO, not just AAPL. At today's market close: AAPL: +0.28% MSFT: -0.13% TSLA: -1.70% META: -0.65% AMZN: -0.57 NFLX: +0.38% GOOG: -1.80% AVGO: -0.15 NVDA: -0.10% etc.
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Post by Luckychoices on Aug 17, 2023 16:08:42 GMT -8
I'm going to start this one a little early.And really, in the longer term picture, it doesn't matter much if rates go up another quarter percent or not. It could lengthen the timeframe that rates are above some level, like 4%. But for someone looking 10 or more years out, or possibly just 5 years out, it shouldn't matter much. And maybe Lucky's next dividend repurchase will net him a few more shares.You know, it's been surprising to me that so many investors, on AFB and other sites, have been a little freaked out about AAPL's recent pullback from the $190's. But as an AAPL Long, I *love* to see a pullback in share price when it's dividend time. I talked to one of the Charles Schwab guys today because I'm always a little disappointed that my dividend-purchased shares don't show up until the day after my AAPL dividends and he explained very clearly, what I'm sure the less-dense AFB members already know. Charles Schwab has to make the auto-reinvest purchases of a stock *gradually* during the day...and then they average those purchases so everyone pays the same price. Obviously, the other financial companies do much the same. Anyway, I did a simple calculation to approximate the obvious...the difference in total shares between buying shares at a lower price than $195/share. Since today's range was $173.48 to $177.51, I used $175.00. Buying shares at, or close to that price will result in picking up about 11% more shares that if new AAPL shares were purchased at $195. Is this a great company or what? 😎
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Post by Luckychoices on Aug 12, 2023 21:56:17 GMT -8
coma, hey, you nailed 1/2 of it really well! I was going to post and ask if any of the long term buy / hold types were looking under $180 as an entry point for a bit of spare cash or if you guys are holding out for lower lows? Heading into the fall is usually strong but we've had more than a few Jan-April rough patches. I imagine we'll continue to oscillate anywhere 180-200 for quite a while so likely tons of entry points as always. Just curious if anyone is holding out for some chance of a $160-$170 entry. Actually, I see comments all the time from folks who intend to wait for a pullback in share price before they buy shares of AAPL. When AAPL was less than $130/share in the very early days of 2023, people were posting on Seeking Alpha that when AAPL dropped to $80/share they were going to "back up the truck". People with those thoughts are often ones who *never* buy AAPL because the share price never falls far enough to match their predetermined "buy price". For years now, it's been my position that for the long-term investor, the best time to buy AAPL is when one has the money to buy AAPL. My wife and I have been 100% invested in AAPL for 23 years and we've auto-reinvested 100% of the AAPL dividends in our IRA's into new AAPL shares 4 times a year, on the day dividends are paid...with no regard to the AAPL share price at the time. After doing this for 11 years, since Apple restarted their dividend program in August of 2012, the average, split-adjusted cost basis of those shares is $44.90/share. This is why I believe that, for the long term investor, the best time to buy AAPL is when one has the money to buy AAPL. Could one get slightly better returns by waiting for a lower price? Possibly. But it also may mean they'll miss buying AAPL at all.
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Post by Luckychoices on Aug 3, 2023 17:57:34 GMT -8
For the AAPL Longs: I'd like to point out, that even with AAPL's drop after hours...and with AMZN's increase due to their great earnings, AAPL is still far ahead of any of the other 6 stocks I've been watching when compared to their previous ATH's. Actually, for all the stocks except AAPL, it's still their ATH. Cheers to the AAPL Longs!! 😎
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Post by Luckychoices on Jul 29, 2023 17:22:20 GMT -8
A suggestion on your $1000 and matching contributions is to do these as transfers of your most highly appreciated AAPL stock from your taxable investment account. And then sometime during the year do a sell + immediate rebuy of whatever quantity of shares that it takes to book $1,100 in capital gains. I'm doing this for my grandkids as anything under the $1,100 limit is taxed at 0%. Another bonus: having the kids file a tax return is another experience they get to learn about. Thanks, aapl, that's a great suggestion...and one I certainly didn't think of doing. We started their accounts in December of 2014 and now the youngest of the four is almost 18 years old and has 622 shares...the oldest of the three remaining in the custodial account will be 21 this year and has 735.9 shares. They were all fortunate to benefit from the 4-1 split in 2020 and have had addition shares purchased with their quarterly dividends. My wife and I have gotten to the point now where we no longer add shares to their accounts figuring that they should know by now that investing their money is the way to go. The lowest return has been from the grandchild who'd contributed the least, 151% and the other accounts have seen gains of 203%, 277% and 282% depending on how much they invested and when. Thanks again for your suggestion! It would certainly help someone who's considering setting up custodial accounts for their grandkids.
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Post by Luckychoices on Jul 25, 2023 18:56:57 GMT -8
GOOG up 7% after hours - yowza GOOG finished its after-hours surge at $129.86(+5.76%)...which means it's reached 86.2% of its ATH of $150.71 which it set on 11/18/21...a little more than 4 months shy of 2 years ago. Meanwhile, AAPL finished after-hours at $193.53... 106.3% of its *previous* ATH of $182.01 which it set on 01/03/22 and 99.2% of its *current* ATH set on 07/19/23, 4 market days ago.
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Post by Luckychoices on Jul 20, 2023 15:52:14 GMT -8
It's easy to look at all the red today and forget how well AAPL is doing. Even though AAPL pulled back a little, many of the stocks I check, along with AAPL, pulled back a lot! It's also good to remember where AAPL is with respect to their previous ATH's. Of the seven stocks about which I previously posted, both AAPL and MSFT have surpassed their previous ATH's and have set new ones. The chart below shows where each stock is today with regard to those previous ATH's. To summarize, AAPL is far ahead of the bottom 5 stocks which *average* 71.1% of their ATH.
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Post by Luckychoices on Jul 18, 2023 13:50:49 GMT -8
My wife and I have only been to India once, in 2019. But I had read that iPhones were not popular in India because of the expense compared to its competitors. However, I was surprised and pleased to notice that the first three people we dealt with after we left the plane had iPhones. Granted it's anecdotal and a small sample but it was nice to see.
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