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| Subject: Re: Investment in Apple | Date: 3/27/2011 9:08 AM | |
| Author: TwoCybers | Number: 68724 of 72499 | |
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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. Gordon Atlanta |
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