Boiler Room: The Official Stock Market Discussion
igottabaldhead
All Star
Would putting $5,000 into apple be a wise decision ?
And would it be best to keep long term or sell off before the split August 30th?
And would it be best to keep long term or sell off before the split August 30th?
Apple is a long term stock to me. I never really plan to sell.
Looking thru my old Facebook posts and came across this little rhyme I made back in 2011 that fit the stock market theme and good message for any doubters not sure of getting in. Good thing I never pursued rapping. 
May 19, 2011 ·
Money on my mind, mind on my money.
Stay on the grind, don't be a dummy.
To make it last, you gotta risk it and invest.
May not come fast, but give thanks to interest.
May 19, 2011 ·
Money on my mind, mind on my money.
Stay on the grind, don't be a dummy.
To make it last, you gotta risk it and invest.
May not come fast, but give thanks to interest.
Today was the first day my individual investment accounts (not including any retirement accounts) crossed $50K. Not too bad for starting in late January 2019 with $10K I had sitting around in a bank account with no idea what to do with.
My investment journey started when my mom got me some Hughes net stock many years ago that became DirecTv and then AT&T. I kept getting small checks from AT&T and would just forget about them but in 2019 I went on Computershare and saw I had hundreds of dollars in dividends piled up. I was totally ignorant about the stock market but I'm like "they're paying me for nothing?" Looked into it and decided I wanted more dividends.
In the beginning I was just buying and selling stuff at random like a fool. Looking back I messed up on several stocks like Charter ($290 per share) AMD ($21 per share) and Nvidia ($160 per share) that are worth way more now than they were a year and a half ago. Should have just held them.
My investment journey started when my mom got me some Hughes net stock many years ago that became DirecTv and then AT&T. I kept getting small checks from AT&T and would just forget about them but in 2019 I went on Computershare and saw I had hundreds of dollars in dividends piled up. I was totally ignorant about the stock market but I'm like "they're paying me for nothing?" Looked into it and decided I wanted more dividends.
In the beginning I was just buying and selling stuff at random like a fool. Looking back I messed up on several stocks like Charter ($290 per share) AMD ($21 per share) and Nvidia ($160 per share) that are worth way more now than they were a year and a half ago. Should have just held them.
the cac mamba
Veteran
dont sell off before the split, you should be doing the opposite
got any microsoft? id grab some of that too
KalKal
Superstar
My SLV call options are making so much money this week its scary.
Its not normal for something like this to go up this fast. I'm wondering if I should just cash out early if Silver pops up to $30.
Mister_DoItNice
Leading The Regime
AAPL and SQ held it DOWN for me today. Might grab a couple more shares of AAPL before the split and get more SQ too. Gotta decide between FB and MSFT for next week as far as re-establishing positions.
ExodusNirvana
Change is inevitable...
I'm literally gonna buy an additional $5000 worth after the split. I been selling bits and pieces of other things and my tax returns and I'm probably gonna put a little but more now I that I think about it.
Like @winb83 said, Apple stock isn't something you sell. You acquire as much of it as you can when it's cheap, you keep it and let the dividends flow into other things in order to maximize profits long term.
igottabaldhead
All Star
dont sell off before the split, you should be doing the opposite
got any microsoft? id grab some of that too
Sorry, when you say do the opposite you mean?
the cac mamba
Veteran
hold it. i dont think anyones selling apple before it splits
How high can FB go? I wanted to hold on to it for a year or two, then cash out once I'm at 25-30k. Put it all on the right low cost stocks so I can double or triple my cash. Rinse and repeat. Obviously it sounds easier then it is.
the cac mamba
Veteran
300s? apparently they own a lotta shyt
once it hits 300 then yea theres prolly shyt thats gonna grow more
Saysumthinfunnymike
VOTE!!!
It's potential is limitless because they own IG and whatsapp and are finding more ways to grow those platforms and then they are sitting on billions of cash where they can make more acquisitions..they are growing in a pandemic when ad revenue is down.
Saysumthinfunnymike
VOTE!!!
No reason to. When it's $125 a share more retail will pile in and we haven't gotten to the best part..
This year they are dropping a new iPhone which will undoubtedly be scooped up by stimulus money..
Their apps business continues to grow rapidly..
..and then next year they are supposed to be dropping another phone better version with 5G expansion on deck.