Boiler Room: The Official Stock Market Discussion
Apple will continue to dominate the US and Europe. You think the majority of the world can afford a 1200 cell phone? One that they have to purchase every other year? I'm still rocking my 8 plus with no plans to upgrade anytime soon. I gave my little cousin my 6S and it still works
They are selling them by monthly payments. People are stupid and will continue to make these payments.
Got my 401k up and running. Most of my contributions are slanted towards index tracking funds and a few aggregate mid-cap funds (about 93% of my contributions), the rest is in some money market funds and US bonds 
I don't really even plan to look at the performance for another 6-8 months. I know a downturn is coming soon but I'm gonna treat this thing like those 'Set it and forget it' ovens.
I don't really even plan to look at the performance for another 6-8 months. I know a downturn is coming soon but I'm gonna treat this thing like those 'Set it and forget it' ovens.
Yes, but let's see how the next downturn shapes out. There's a lot of excess in the market due to cheap credit/financing. When that credit crunches people may start making smarter decisions around these upgrades. I know I'm rocking with my 6s until it really just does not work, which looks like I'll have another year at least. And even after that, I can always buy a model that's a year or two older in cash for a steep discount.
There's more stupid people spending than there is smart people saving. I just watched a coworker buy the s9, s10, s10 note plus all within a year. People are addicted to these phones man.
Word I'm never buying a iphone from the apple store, You get deep discounts on ebay and Amazon for last years model
I feel you but as I said apple wanted to tap in to the growing non EU/american market and they're getting creamed by the chinese. Stock growth is all about marketshare. It doesn't matter if they simply keep there sucker base if other people don't. You also can't count on people's stupidity forever, I used to buy from the apple store till I saw what a rip off it was when you get a 256 or 512 gb phone. You get the "regular phone" with the 32gb and that doesn't even handle my pictures docs and music. That's what got me on the Amazon iphone wave.
ahomeplateslugger
Superstar
i agree with @Goldz-n-hoez about apple. analysts kept saying iphone sales are slowing but i read some articles that they they are ramping up production for the iphone 11 to help meet demands. could be because of the holiday season but they proved they can make a shytload of money from iphones.
and you should focus on apple's other services and hardware. apple music, TV, news and gaming are all still very young. plus the apple watch and airpods are still new as well. apple is a long term hold. 10 years from now apple is going to be killing it.
and you should focus on apple's other services and hardware. apple music, TV, news and gaming are all still very young. plus the apple watch and airpods are still new as well. apple is a long term hold. 10 years from now apple is going to be killing it.
ahomeplateslugger
Superstar
PCG 
we're flying baby. my dollar cost average is $5. would make a lovely return if this gets back to around $24.
we're flying baby. my dollar cost average is $5. would make a lovely return if this gets back to around $24.
Walk onto any college campus and all you will see are Apple products (laptops, phones, watches, tablets). Apple is good for the next 7 -10 years minimum. They have already indoctrinated the current generation of kids who will grow up to be their most loyal of customers (especially since Apple is all that they know).
Cliffs...?
Did you ever subscribe to this? Does anyone here sub to a invested type service?
Motley fool is half off for $99 a year for the next couple of days.
