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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.

FWIW ...i agree (have many shares AAPL and Holding, retired 7yrs now)

but -- i read OP as having total 400k, so 10k might be high to start with.

and be prepared to deal with much volatility
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