Apple Stock Just Crashed To A New Low
businessinsider.com
Apple Stock Just Crashed To A New Low
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Re: Apple Stock Just Crashed To A New Low
#2When newspapers are running headlines about how some stock is going to double in value, it's time to get as far away as possible.
Besides, if you're in technology, you shouldn't be investing in tech companies. Since most of us are technologists, if we're ever out of a job for the long term, it'll probably because of a downturn in the technology industry. If our savings are in tech companies, our savings will be down too.
Re: Apple Stock Just Crashed To A New Low
#3As recently as mid-October, the stock was billed to be getting close to $1000.
http://appleinsider.com/articles/12/10/16/analysis-apple-sto...
http://www.forbes.com/sites/gurufocus/2012/10/05/apple-stock...
Re: Apple Stock Just Crashed To A New Low
#4When newspapers are running headlines about how some stock is going to double in value, it's time to get as far away as possible. Besides, if you're in technology, you shouldn't be investing in tech companies. Since most of us are technologists, if we're ever out of a job for the long term, it'll probably because of a downturn in the technology industry. If our savings are in tech companies, our savings will be down…
If "short anything newspapers are touting to double" were a viable strategy, it would quickly cease to be a viable strategy.
Re: Apple Stock Just Crashed To A New Low
#5When newspapers are running headlines about how some stock is going to double in value, it's time to get as far away as possible. Besides, if you're in technology, you shouldn't be investing in tech companies. Since most of us are technologists, if we're ever out of a job for the long term, it'll probably because of a downturn in the technology industry. If our savings are in tech companies, our savings will be down…
This is so true and I am glad that I am not the only one who thinks that way. In addition to that one could argue that investing in stocks (whatever the industry may be you are investing in) is a bad thing if you are not an insider. My brother who is a hacker and economist at the same time showed me studies that determined/proofed that the stock market is very irrational (I mean we all knew that but those studies showed this with scientific methods). I will ask him about those studies again - may be interesting to others as well.
Re: Apple Stock Just Crashed To A New Low
#6When newspapers are running headlines about how some stock is going to double in value, it's time to get as far away as possible. Besides, if you're in technology, you shouldn't be investing in tech companies. Since most of us are technologists, if we're ever out of a job for the long term, it'll probably because of a downturn in the technology industry. If our savings are in tech companies, our savings will be down…
This is so true and I am glad that I am not the only one who thinks that way. In addition to that one could argue that investing in stocks (whatever the industry may be you are investing in) is a bad thing if you are not an insider. My brother who is a hacker and economist at the same time showed me studies that determined/proofed that the stock market is very irrational (I mean we all knew that but those studies sho…
The day to day of the stock market is irrational, but long term investing isn't. If you're putting money in the stock market and not looking out 5+ years, you are simply gambling.
Re: Apple Stock Just Crashed To A New Low
#7When newspapers are running headlines about how some stock is going to double in value, it's time to get as far away as possible. Besides, if you're in technology, you shouldn't be investing in tech companies. Since most of us are technologists, if we're ever out of a job for the long term, it'll probably because of a downturn in the technology industry. If our savings are in tech companies, our savings will be down…
This is so true and I am glad that I am not the only one who thinks that way. In addition to that one could argue that investing in stocks (whatever the industry may be you are investing in) is a bad thing if you are not an insider. My brother who is a hacker and economist at the same time showed me studies that determined/proofed that the stock market is very irrational (I mean we all knew that but those studies sho…
I think the strategy of buying a diversified portfolio of large, boring companies doing core things that everyone needs is a pretty safe bet.
If you're investing, I think that you should have a gambling account too, because it's fun and keeps you interested. It should be far less than 10% of your portfolio, and you should recognize that it's play money instead of real savings.
Re: Apple Stock Just Crashed To A New Low
#8When newspapers are running headlines about how some stock is going to double in value, it's time to get as far away as possible. Besides, if you're in technology, you shouldn't be investing in tech companies. Since most of us are technologists, if we're ever out of a job for the long term, it'll probably because of a downturn in the technology industry. If our savings are in tech companies, our savings will be down…
If "short anything newspapers are touting to double" were a viable strategy, it would quickly cease to be a viable strategy.
Well, strictly yes, of course you are correct.
I'm talking about boring investing though - slow, boring returns from boring companies. So when Forbes runs a headlines saying that AAPL will hit $1000, the stock ceases to be boring, and so in my mind, it's time to step aside for a bit.
Re: Apple Stock Just Crashed To A New Low
#9When newspapers are running headlines about how some stock is going to double in value, it's time to get as far away as possible. Besides, if you're in technology, you shouldn't be investing in tech companies. Since most of us are technologists, if we're ever out of a job for the long term, it'll probably because of a downturn in the technology industry. If our savings are in tech companies, our savings will be down…
I find this especially true for "Employee Stock Purchase Plans"
You should buy the stock for a discount and immediately sell it. This is because if the stock price falls, you have a huge chance of being a layoff.
Re: Apple Stock Just Crashed To A New Low
#10As recently as mid-October, the stock was billed to be getting close to $1000. http://appleinsider.com/articles/12/10/16/analysis-apple-sto... http://www.forbes.com/sites/gurufocus/2012/10/05/apple-stock...
And in a rational world it would be. It's P/E ratio is crazy low compared to Google and Amazon just in raw terms. But the market is an irrational place, it only looks sane in aggregate and over longer time periods.
The rational part of me says it will be over 1k within a year, regardless of how irrational I know that thought to be :-)