Apple's PE ratio has gone up quite a bit to hit that record high. It is now to almost 17. I believe it was down near 10 at one point, which seemed like a no-brainer purchase. But at a PE of 17 it isn't that obvious to me.
I thought about buying a few shares about a year ago when it plunged to $300 something but opted to buy other stocks with 4%-13% dividends. I'm making $550ish/month now by doing nothing.
Everyone gets raped on taxes reguardless. My net gain is still sweet. A helluva lot better than .1% APR in the bank. I think I'm averaging 10% before taxes which is 100 years worth of interest in the bank.
That isn't true. Almost all of Apple's recent gain has grown tax free. Plus, when taxes do come due on it, probably years from now, it will be capital gains at a lower rate.
Your approach is much better to signify the investment. I used my personal knowledge of the company and understanding of their business model. They aren't like a normal tech company. They have huge profits for their products. I also agree with the dividend investment as well. It's much easier to hold shares until the profit is only capital gains. It's the best way to invest
This doesn't make any sense. If you had bought Apple at a PE of 50, you would have lost money by now, even with your "knowledge of the company and understanding of their business model".
I didn't... I bought them when it was a $92 stock (before their 7 share split). Then sold off half of my shares during their climb years ago (@$500 and @$600). Then I held the stock, even after its big drop off. We've gone through this already. What I should have done is bought even more shares when it hit the $350 mark. My mistake...
And if I would have listened to you, I would have lost hundreds of thousand of dollars. 1,000 shares, when you told me to sell off, would have given me $350,000. Yes, I bought those shares for $92,000; but now these same shares are worth $746,000. I would have lost $396,000 in profits
Like I said. You don't have any real strategy or insight into their business. If you did, there is no way you would justify a higher PE ratio today then you did when you were selling them at $350/share.
Show where I said not to buy Apple. I never said to sell or not buy. I said your "analysis" was crap, and I still stand by that statement.
Well, let's be thankful I didn't use your strategy among many in the business. I would be $350k loss in profits!
Oh you mean like these gems?! Did you not say, "Don't go long with Apple?" Fact is, the stock was at $350 when you went all "Don't buy apple". Now it's a $750 stock. Like I said... Glad I didn't listen to you
You just posted quotes from me, and nowhere in there did I say to not go long Apple. I said you making predictions on future price, based on clueless analysis, was ridiculous. The fact that you highlighted me saying "I would not suggest buying far-out-of-the-money options, either calls or puts" as evidence proves that you have no clue what you're talking about.
Saying "I would not suggest buying far-out-of-money options" is advising not to go long. Also, you've said that the stocks are 90% emotionally driven. Obviously the outliers you think are worthy mean shit then doesn't it?
It isn't advising against going long or going short. He says options far out of the money might expire worthless.
Calls or puts are short term moves. I just used the long part of the quote so he understood what he said. Read his actual quote.
Damn dude. You have no clue what you're talking about. You don't understand a call versus a put. And you don't understand what "far-out-of-the-money" means.
