mayfly

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mayfly
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  • Apple Music debuts new algorithmic Discovery Station radio

    mayflymayfly
    Maybe I'm a dinosaur, but I don't want some algorithm telling me what "I may like" or what I want to hear next. I choose.
    watto_cobra

  • Apple's valuation will fall to less than $3 trillion for the worst reasons

    mayflymayfly
    jdw said:
    mayfly said:
    jdw said:
    carnegie said:
    Apple's market cap has already, based on yesterday's closing price of $191.17, fallen below $3 trillion because of the updated outstanding share count that we got. That updated count took about $18 billion off of Apple's market cap.
    The fall continues, with it now trading at $181.99 only two days after your post. 
    I wanted to see how does that measure up against the stock performance on the 5-7 year timeline financial planners recommend for retail clients when purchasing equities. Quite well, actually. July 29, 2016 Price (split adjusted): $21.60. Friday close: $181.99. That is an 840% increase in seven years (That's 120%/year!) If you followed the advice of a typical financial adviser, you'd have prospered. Selling at this point would be a inadvisable for a long-term investor. The current dividend is 96¢/year. That makes your yield on that $21.60 you paid for it 4.6%.That's on top of the stock's gain. If you had reinvested those dividends in more shares, well do your own math, that's too hard for me, since the dividend changes almost every quarter. You wouldnt have student debt if you bought 100! If you still believe in a stock, why sell it. If you don't, why keep it? I'm a believer.

    BTW: Apple's largest shareholder is right now? Hint: Warren Buffett. He knows a thing or two about long term investing.
    All excellent points.  But there's no need to convince me.  My first purchase of AAPL was in 1999, and I've purchased more since then, never having sold a since share to date.

    Furthermore, I invested a small amount in BRKB almost exactly 1 year ago today.  Despite the current drop in the stock market, my total gain for BRKB stands at 15.12%.  No dividend, but the gain is nothing to sneeze at.  Made no sense I was going around talking positively about what Warren Buffet was saying and doing, and there I was without any of his Berkshire Hathaway stock. My purchase of the stock changed that.  It was a good buy.

    With that said, don't overlook the obvious.  I first purchased a small amount of McDonald's stock in 2011.  As of today, it stands at a 232% gain.  The same amount invested in BRKB in 2011 would have yielded a 191% gain.  Both are great gains, but MCD comes out ahead. (Even further when you consider MCD pays a dividend.)  But no wonder...  McDonald's has the Big "Mac"! :smile: 
    Glad that's worked out so well for you! My wife told me 30 years ago that we should buy BRKA. I asked how much, and she said something like $17,000. I said "no way! He's so old. What happens to that stock if he dies? Well you know that story. It closed at $533,600.00 Friday. She stopped asking me after that. She bought Ulta when she saw a line of customers from age 16-80. That was ten years ago. She bought Lululemon when they had the problem with the see-through tights. Moral of the story, listen to the wife. 
    FileMakerFeller

  • Apple's valuation will fall to less than $3 trillion for the worst reasons

    mayflymayfly
    jdw said:
    carnegie said:
    Apple's market cap has already, based on yesterday's closing price of $191.17, fallen below $3 trillion because of the updated outstanding share count that we got. That updated count took about $18 billion off of Apple's market cap.
    The fall continues, with it now trading at $181.99 only two days after your post. 
    I wanted to see how does that measure up against the stock performance on the 5-7 year timeline financial planners recommend for retail clients when purchasing equities. Quite well, actually. July 29, 2016 Price (split adjusted): $21.60. Friday close: $181.99. That is an 840% increase in seven years (That's 120%/year!) If you followed the advice of a typical financial adviser, you'd have prospered. Selling at this point would be a inadvisable for a long-term investor. The current dividend is 96¢/year. That makes your yield on that $21.60 you paid for it 4.6%.That's on top of the stock's gain. If you had reinvested those dividends in more shares, well do your own math, that's too hard for me, since the dividend changes almost every quarter. You wouldnt have student debt if you bought 100! If you still believe in a stock, why sell it. If you don't, why keep it? I'm a believer.

    BTW: Apple's largest shareholder is right now? Hint: Warren Buffett. He knows a thing or two about long term investing.
    FileMakerFeller

  • SEC sues Apple Car exec over securities rules at former employer

    mayflymayfly
    An SEC investigation into a SPAC illegally misrepresenting their purpose to investors? Hmm, sounds familiar...
    welshdogFileMakerFeller

  • Lumos Ultra E-Bike smart helmet review: protecting your skull with some flashy features

    mayflymayfly
    jeffharris said:
    $299 is about the price of a top of the line bike helmet. One that's light, strong, aerodynamic and heavily vented.

    This thing looks like a brain pressure cooker. 

    Not only that, it seems it could be distractingly complex.
    Riding in traffic you definitely need your wits cranking at 100%.

    At 530g it's also quite heavy, about twice the weight of a good helmet!

    I hate helmets, but wear one.
    Me, I want one that's as unnoticeable as possible. This one ain't it.
    The man speaks the truth!
    watto_cobra