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Author: oceanbluela Big red star, 1000 posts Old School Fool Ticker Guide SC1 Red Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76418  
Subject: Re: Investment in Apple Date: 3/26/2011 8:28 PM
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I'm a new member and retiring in about 18 months. I have a substantial 403b Account and additional investments of about $400k...Does it make sense to invest about $10k in Apple...

I am a huge fan of Apple, both the company and the products. If you study the numbers, they have excellent cash flow and earnings, and an unbelievable amount of cash on hand. I respectfully disagree with Fuskie and would be (and have been) a buyer of Apple here (adding to my now full position). I say that knowing that you are retiring in 18 months. My reasoning is that you have a substantial 403b as well as 400,000 in other investments. That means a 10,000 investment is pretty much chump change in relation to the size of your portfolio, and even if Apple took a major dive (say, when Jobs dies), it will recover. I also believe the passing of Jobs is pretty much baked into the stock at this point, though it might temporarily head south when that happens. I know the same thing will happen with my Berkshire shares when Buffett dies, but I also know the company is sound and will bounce back.

Apple is just getting started IMHO (and also in the opinions of many others, a lot of them here on the Fool). I can't wait to see where it is iin 10 years. There's a lot of good reading out there about the company. I suggest you really dig into what will be a pleasant exercise. If you do, I bet you buy, and with little worry. If I didn't own any, I'd buy some for sure.

Best,

Vivienne
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