This week’s Apple trading strategies (9/24-9/28)
September 24, 2018 by Steven M. Peters
A place for Apple 3.0 subscribers to share their ideas.
For a change of pace, let’s get things rolling with highlights from Amazon’s special event last Thursday (<10 min.). Compare and contrast with Apple’s the week before.
[youtube=https://www.youtube.com/watch?v=rcCKVYoWhxI&w=840&h=503]
CNBC the next day ran this item: Amazon vs Apple
According to CNBC calculations, a $1,000 investment in Amazon in September 2008 would be worth more than $23,890 as of Friday morning, or more than 22 times as much, including price appreciation and dividends reinvested.
If you put $1,000 in Apple at the same time, your investment would be worth $12,299 now, or more than 11 times as much. While impressive, that’s $11,591 less than Amazon.
Disclaimer: Since I’ve never owned Apple and have never been much of a trader, I have nothing to add. Don’t blame me if you drain your IRA doing something you read about here.
Sponsored: Want to Retire Early? Here’s a Great First Step
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.