Apple: What a way to end a decade

6 Comments

  1. Adam Foster said:
    Hi Phillip, My user name is 10 years out of date… How do I update it?

    PS: I am ready for a 3 for 1 split at 300!

    0
    December 27, 2019
  2. Kathy Corby said:
    A very serious and concerned friend warned me just about 10 years ago about my irresponsible investing style. “Don’t you know you need to diversify?” she asked. I didn’t. So tempted to send her a link to your article.

    2
    December 27, 2019
    • Gregg Thurman said:
      Diversification is for the uninformed, desirous of a 10% to 15% annual mutual fund return (if they’re lucky).

      Those that research their investments (deeply) and have the stomach to weather the ups and downs pick one, maybe two, stalwarts they believe in.

      4
      December 27, 2019
      • Gregg Thurman said:
        On average, measuring from Close of the first trading day of the calendar year to Close of last trading day of the calendar year, AAPL has increased in value at an annual rate of 23.68%. Test period: calendar years 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018 and 2019. Note: Calendar 2015 and 2019 were negative growth years.

        Not bad for a Company that can’t innovate anymore and is reliant on its primary product (experiencing declining units sold for the last 4 years).

        The DOW, S&P 500 and NAZ100 haven’t done as well over the same period.

        0
        December 27, 2019
  3. Paul Brindze said:
    Just about 10 years ago I put about $20k in AAPL as a start for my daughter’s college fund. Never added (except dividend reinvest). She started at an expensive private college this year, and has enough to pay all 4 years.

    2
    December 27, 2019

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