Not interested in knowing anything you own besides Aapl.
Before this market was down, I sold some TEVA at 24 to 24.75 and now I bought same equal shares at 19-20 range. Since this is in retirement account, no tax implications. By doing this, I booked 100k profit.
That is why my YTD realized gain is high.
Tech Drove Stocks Skyward. It’s a Different Story on the Way Down. - The New York Times
Yes, houses are better bet for long term stability than Aapl.
Incredible ! Of Course, worth sell AAPL to buy Cupertino (I guess) home !!
What? I don’t understand what you guys are talking about!
Did hanera sell most of his aapl in 1998 and 1999?
What does the column with 54,000% mean?
He wasn’t even physically here yet to buy his fortresses in the late 90s.
He was buying his Singapore mansion
he bought in 97 and 98. the appreciation from purchase price ($0.40 split adjusted) is 54,000 percent
Wow, stock is the way to wealth.
I hope he bought 7k shares in 1998, that’s only $40000. That would be 20M today.
If he used $40k to buy a Cupertino house in 1998, he might make $2M. So Aapl gave him 10x acceleration
Don’t get too excited. @hanera sacrificed 20 years of his life for this kind of gain. Where are you going to be in 20 years?
20 years of sacrifice on what? He bought 7000 shares and then forget about it. There is no scacrifice. Aapl shares provided him continued excitement so that he can survive the boring life
Where were you in 1998?
Okay fine I guess down payment was not required back then.
I don’t see any company that’s going to be as good as aapl. So I’ll forget about stocks
$40k was the down payment for a 1998 Cupertino house with 10% down
How can you say this when you didn’t do your due diligence? Just few years ago, you can buy FB, TSLA and NVDA on the cheap. Today, some of 10x stocks could give you those returns. Do DD, tell us which one you like.
But in 1998, no DD can reveal that aapl is going to rise 540 times.
Maybe just DCA on sp500 index and hope that dummie defeat smarties.
Or just buy houses and hope for a steady but smaller nest egg. Stability is another dimension we need to consider
You could’ve purchased your favorite tech stocks back in 1998. Could’ve been Apple, Msft, Intel, Cisco, Amzn, among others. Most would not give you 500x, but maybe one of them would.
In 1998, no one would buy Aapl. Most people would buy msft, inc and CSCO. You can’t buy amzn since it’s not even public