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Investing/Strategies / Retirement Investing
|Subject: Re: Investment in Apple||Date: 3/27/2011 9:08 AM|
|Author: TwoCybers||Number: 68724 of 80202|
I am going to assume you are asking "Will Apple continue to increase in price?". Probably for a while.
10K is about 2.5% of you funds - if I am correct you have a total of $400K.
There are few sayings about investing - and things get trait because they are repeated and generally correct. One such saying is Sell when you hear about a stock in Barber shops or elevators i.e. when the amateurs are interested it is getting dangerous. One example - in the late 90s I bought a stock name Uniphase and it did well. I invested about $10K and a few months later sold the stock, using the proceeds to buy a car. That stock topped out at over $1300 a share and fell to $13. Last time I looked is was $20.
If you are approaching retirement, I suggest you put your funds in a mutual fund that has an good, but not the best track record. MorningStar with 4 or 5 stars.
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