Originally Posted by sog35
So you don't own Apple shares. Interesting.
Not directly. Again, I'm not trying to explain this from a biased perspective. i used to when I wanted a long term high growth stock. But right now, Apple doesn't fit that mold. In a diversified portfolio, I have other stocks and mutual funds at this time and to move some of them over would not make sense at this time because I would have to sell, pay commissions, pay taxes on the profits and it's sometimes better just to leave them where they are until I can save up other money to invest. But, right now, my personal situation isn't in need of Apple's stock, but if someone came to me asking me my advice, as some have, I would tell them that if they are interested in a stock that gives decent dividends and they is turning into a stock that has some potential growth AND gives good dividends, they might take a look at Apple, but I would caution them just like anyone else about WHEN to buy. Ultimately, everyone has their own situation, aversion to risk, age levels, etc. etc. So, everyone will decide to buy/sell a stock for whatever reasons they have.
Would you want a stock analyst giving you advice that's using their own personal biases in their recommendations? I try to remove my bias towards Apple products as much as possible when analyzing the company from an investment standpoint. I've even caught myself once making the mistake of interjecting my own bias towards Apple and I forgot to really look at the numbers and in the process, I didn't catch a signal that the stock wasn't going to perform and the stock took a major drop, and I usually catch those. So, just to give you a little perspective, don't get caught up in the excitement of new products, etc because you love the company, products, etc. effect your abilities to recognize flaws in the investment. My biggest gripe is this. If Apple was consistently meeting and exceeding decent growth rates (not just one or two months) but consistently having year to year growth in the modest 15% range, and they gave proper guidance as to how Apple was moving forward to give the analysts a better solid reason to always have a "BUY" recommendation, then maybe they wouldn't have to resort to buying blocks of shares to keep the stock price up. I see these bulk purchases being used as a means to cover up the shortcomings of their ability to execute. 15% was great last quarter from the year before, but moving forward, can they repeat 15% each quarter over a year prior? The analysts don't all think they can. Plus, the biggest potential problem is relying solely on just iPhones and iPads as the cash cow. Microsoft had the same problem with Windows and Office, as these companies get bigger they have to get into new markets with new products to lessen the reliance on just iPhones and iPads for revenue. They kind of want something substantial enough to say, this is the next big thing. iWatches to me might take some of the slack that the iPods have done, but iPods shrunk to a small portion of the revenue pie. I think they are looking for something a little more substantial than iWatches to get these guys excited. They, like a lot of us, were hoping for a SmartTV, but Cook has basically said NO. is the Apple TV going to be that next big thing this year? Or is it just going to be another small enhancement that won't bring in a substantial amount of new revenue?
I think you are trying to put me down because I recognized that Apple is too expensive to buy right now and you are taking it out on me because you just bought some. Instead of listening to solid advice by looking into dollar cost averaging, dividend reinvestment and thinking more of just holding on to the stock and kind of appreciating the fact that I would try to give you probably the best most solid advice anyone could give in this situation, you try to damage my reputation. If you don't believe that the advice i gave you was to help you. Go talk to a PROFESSIONAL financial advisor and get their opinion on what to do. See if they give you better advice than I. tell them what I advice I told you and get THEIR opinion.
I'm not the type of person that's going to just be a YES MAN and just agree with you. If I think you are making a valid assessment, I'll let you know, if I think you raised an issue that I didn't see that proves your method is better, I'll let you know. But I have learned my own way of analyzing a stock/company and if I really sat down with you, it would probably take about a week of constant going back and forth to give you my full attention on this. I don't have the time to do that kind of analysis, my time is limited to spend and when you just conjure up put downs and completely take one thing I told you and twist it around to use agaist me, then all i see is a snake. I told you repeatedly certain things to look at and then you completely ignored them and the conjured up some other way of doing something and then you thought I was crazy.
I will give you the example to refresh your memory. I told you to evaluate a stock to be over or under valued, you have to look at the P/E and to see what the 12 month high/low was, but then you start comparing them to unrelated companies, then you look at 5 years ago when Apple was in hyper growth mode and I've told you repeatedly they aren't in hyper growth when they were at higher P/E ratios, since they aren't in high growth mode, their P/E won't trade in the 20's and 30's, they trade more in the teens, which is where they are. But you have to look at their lowest and highest levels from a past 12 month period to see what the high is and what the low is. When it's low, that's the best time to buy, when it's high, that's the best time to sell. You bought your shares at around the highest point in the past 12 months. And I told you that and you are trying to discredit me for buying 50 shares at what I believe to be a high point. But for some reason, you seem to think that $570 is the new low. Not yet it is. Time will tell what the new 12 month low is, but it's certainly not $570. But to help you look at ways to still make money, i gave you good advice and you never even bothered to thank me. Well, shame on me for trying to help you and shame on me for even expecting one single acknowledgement of trying to give you some good advice. So moving forward, please stop trying to attiack me first or twist around my words to suit your own level of whatever you want to call it. I'm not invested in playing that game.
I can certainly go to other sites that have better class of people and maybe i will. At least I know they don't treat people the way you've treated me. Same goes with a couple of others here.
So if you want to at least thank me for trying to help you look at Apple from a different perspective, that would go a long way, but if not, don't waste my time anymore. I've got better things to do and more appreciative people that respect my opinion and would be a lot more thankful because I don't like giving bad stock advice. I may not know everything or make an honest mistake here and there, like ALL people do, but I won't PURPOSELY try to mislead someone. That's not part of my upbringing and it's NOT part of how I do things.