I own a lot of Apple... you probably do too

[OldShooter]

We're about 2% Apple. Not interested in trying for home runs, just maintaining diversification and patience.

It has probably been 20+ years since I fooled around with individual stocks, although DW held four or five small positions in locally-based NYSE companies. I never bothered to figure out how that turned out. Mostly I tried to get her to dump them because they were so small that their only effect was to junk up our holdings list. She finally did dump them a few years ago.

However, I have no problem with someone who wants to play with individual stocks as a very small portion of a portfolio. It can be a lot of fun. BTDT.

[audreyh1]

DH has also reduced his AAPL considerably. He initially was going to reduce to 3/4, then 1/2, but with this interminable run up he ended up reducing by 3/4.

He’s just ready to take profits on a 15-20 year holding with a few additions over the years whenever they got seriously clobbered.

LOL he is eyeing Tesla too, but they got away from him too fast with their huge recent price run up.

[Qs Laptop]

Quote:

Originally Posted by audreyh1 LOL he is eyeing Tesla too, but they got away from him too fast with their huge recent price run up.

My friend who owns TSLA said there would be a buying opportunity at the open on last Thursday. He was right, it dipped below $500. I just couldn't pull the trigger, though. Now I see it's up to $544. That's over 8% in 3 days.

He says there will likely be a stock price jump on Tesla "Battery Investor Day", whenever that is, Tesla isn't saying, but it's supposed to be soon. Then there could be a dip when they announce Q4 results on January 29th. Finally, he says there should be a dip when the announce Q1 results at the end of April as Tesla (and all car makers) tend to have lousy first quarters. But I'm worried by then the price might be in the low $600's and "dip" to $575 or so.

[RyanSoCal]

All very interesting posts. I recently achieved FI and have been changing my investments to focus more on income instead of total return. Is there a thread on the forum discussing options to boost your cash yield on stocks you hold?

[audreyh1]

Quote:

Originally Posted by ryanfiremountain All very interesting posts. I recently achieved FI and have been changing my investments to focus more on income instead of total return. Is there a thread on the forum discussing options to boost your cash yield on stocks you hold?

I was very happy to continue using total return after retiring.

[kcowan]

Quote:

Originally Posted by Qs Laptop Right now there is hardly any competition for Tesla. <snip> Now look up how many EV's these other companies are producing and the number of assembly lines dedicated to EV's. Again, not even close. And I would not say that Tesla lacks vision.

They seem to have first mover advantage. But can he delegate to others? That will be essential to continued growth. Of course, understanding finance would also help. And that will be essential for it to make the transition to a blue chip.

[kgtest]

Quote:

Originally Posted by audreyh1 DH has also reduced his AAPL considerably. He initially was going to reduce to 3/4, then 1/2, but with this interminable run up he ended up reducing by 3/4. He’s just ready to take profits on a 15-20 year holding with a few additions over the years whenever they got seriously clobbered. LOL he is eyeing Tesla too, but they got away from him too fast with their huge recent price run up.

Interesting. I still am on the idea that iAnything is iCrack...in fact, AAPL should be updated to ICRK. Some people just WILL not have anything else. iMac, ipad, iphone, iBuds, iHome, iTunes, iANYWHING and iVERYTHING.

Still about ~10% of our holdings, although I admit, had I shifted to AMZN like I entertained in a previous thread titled APPL vs AMZN or something, i would have fared much better. Alas, I am not a stock picker, and I might buy MSFT as my 401k contributions outpace my individual risk appetite for individual equities. So I will then own CASY, MMM, AAPL, and MSFT in the broker.

[mh]

Quote:

Originally Posted by Qs Laptop Right now there is hardly any competition for Tesla. Sure, Volkswagen has an EV, Porsche has an EV, Nissan, Ford has the Mustang EV, and there are a couple more. Now look at where these vehicles are as far as battery technology, (specifically driving range but also charging stations) software, and self-driving capabilities. Not even close. Now look up how many EV's these other companies are producing and the number of assembly lines dedicated to EV's. Again, not even close. And I would not say that Tesla lacks vision.

Volkswagen looks like they might actually be serious about EVs. We’ll see in the next couple years if their stated plans actually come to fruition. I’m particularly interested to see if they come through with some plan for charging stations that can compete with Tesla’s network

[Born2Fish]

I bought and sold AAPL several times over the past 3 years. There were sveveral times that the stock would get dumped and I'd buy 100 shares and turn a $5k profit then sell.

When the share price got over $190 I just lost my nerve to buy back in. The recent rate of rise defies logic to me.

I did much better on BX. Have held BX for years but went heavy when the price fell below $30 during the Dec, 2018 drop. Sold most of it around $53. It's around $63 now but I don't regret selling. 100% increase in a year is just nuts.

[target2019]

I have BX. Might buy more on a dip.

I tallied up how much APPL we hold in mutual funds, and it's a very small number.

[Born2Fish]

Quote:

Originally Posted by Born2Fish I bought and sold AAPL several times over the past 3 years. There were sveveral times that the stock would get dumped and I'd buy 100 shares and turn a $5k profit then sell. When the share price got over $190 I just lost my nerve to buy back in. The recent rate of rise defies logic to me. I did much better on BX. Have held BX for years but went heavy when the price fell below $30 during the Dec, 2018 drop. Sold most of it around $53. It's around $63 now but I don't regret selling. 100% increase in a year is just nuts.

Meant to type $500 profit on 100 shares.

[Montecfo]

Sold half my AAPL today. Basis $20 per share (in rollover IRA).

[dadu007]

I own a lot of AAPL. I'm still working, and my company's products have started incorporating Apple's Low Energy BT technology (for audio). Apple is the forerunner for this stuff...Airpods and their spawn are the future (whether or not you like how they look!).
AAPL is not going anywhere. People are FINALLY clueing in to Apple's value and technology (the stock was battered for so long) Check back here in 5 years, and see where the stock is.

[kgtest]

Quote:

Originally Posted by dadu007 I own a lot of AAPL. I'm still working, and my company's products have started incorporating Apple's Low Energy BT technology (for audio). Apple is the forerunner for this stuff...Airpods and their spawn are the future (whether or not you like how they look!). AAPL is not going anywhere. People are FINALLY clueing in to Apple's value and technology (the stock was battered for so long) Check back here in 5 years, and see where the stock is.

+1 I was gonna build a bigger position but gonna go after MSFT instead

[copyright1997reloaded]

Earnings report: BOOM.

[gerntz]

Bought 700 at $65. Still have. I'm happy.

[gerntz]

Quote:

Originally Posted by kgtest +1 I was gonna build a bigger position but gonna go after MSFT instead

Bought 100 MSFT two weeks ago.

[Qs Laptop]

Quote:

Originally Posted by Qs Laptop My friend who owns TSLA said there would be a buying opportunity at the open on last Thursday. He was right, it dipped below $500. I just couldn't pull the trigger, though. Now I see it's up to $544. That's over 8% in 3 days. He says there will likely be a stock price jump on Tesla "Battery Investor Day", whenever that is, Tesla isn't saying, but it's supposed to be soon. Then there could be a dip when they announce Q4 results on January 29th. Finally, he says there should be a dip when the announce Q1 results at the end of April as Tesla (and all car makers) tend to have lousy first quarters. But I'm worried by then the price might be in the low $600's and "dip" to $575 or so.

Oh well. After Tesla announced Q4 earnings that beat estimates and plan on selling 500,000 vehicles in 2020, the stock price rocketed up to $640.

[Qs Laptop]

Quote:

Originally Posted by Qs Laptop Oh well. After Tesla announced Q4 earnings that beat estimates and plan on selling 500,000 vehicles in 2020, the stock price rocketed up to $640.

And now it's up to $765. Two days later.

[Running_Man]

I thought to myself TESLA would be in VTI but not the S&P500 so VTI must now be overperforming relative to the S&P500, but no since TESLA has begun their 350% run as it becomes one of the 65 largest companies in the world, passing COSTCO today and I think might likely crack the top 50 and pass #50 SALESFORCE.com if the stock can rise another 12% or three hours of trading for TESLA. But for the VTI since it includes TESLA it should be outperforming S&P but in actuality they are a dead heat. However the RUSSELL 1000 is handily beating both of the more famous index ETF's. Both in the most recent year and for the last 10 years.

If TESLA could double from here, not a very hard task considering it will be added to the S&P500 if they make a profit the next 3 quarters it will be in the 25 largest companies in the world. TESLA is now the market cap of Apple back in December of 2009 when Apple made 8 Billion that year on sales of 42 billion, TESLA had one of their best years ever in 2019 losing 700+ million on sales of 25 billion, so if they can crack the break even point for a year I can see this being a trillion dollar company. Ironically I talked to a couple of people who have purchased TESLA and they point to SPACE X as a bonus for their purchase, did not believe me that SPACE X is not part of TESLA.