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I have owned Apple since 2013 and have over a 400% gain in the stock. It is held in my Roth IRA. As of today, it’s 34% of my portfolio. I don’t want to sell it yet, because next year with 5G coming out it should go up more...
Everyone else thinks the same thing, and the price already reflects that expectation. Don't be surprised if the stock drops after 5G. Many people buy on the rumor and sell on the fact.
Fundamentally, you are NOT investing. You are SPECULATING. If you wish to speculate, fine - but do it with an appropriately small percentage of your portfolio.
And, if you wish to speculate, I can think of a dozen better ways to speculate than in AAPL and AMZN, and I would speculate in companies that are NOT in the crosshairs of powerful Senators, Congresspeople, State Attorneys General, and the US Attorney General, and numerous regulatory entities --- not to mention their respective counterparts around the world. I wouldn't speculate in mature companies.
(BTW, I worked at that famous Cupertino Fruit company for far too many years way back when, and still have concentrated positions in it from employee stock purchase plans and employee stock option plans from 40 years ago - but my portfolio likely has a different purpose than yours).
But that's just me.
Last edited by RationalExpectations; 09-14-2019 at 09:04 PM..
individual stocks are speculating to a large extent ..you are not only taking on market risk like broad based funds or etf's would have but you are speculating in buying just the right company , at just the right time , in just the right sector in just the right market sentiment .. if you got all of that correct , you still don't know what the competitors have on their drawing boards .
for someone in retirement or close to it , individual company risk can be pretty dangerous .. individual stock prices have no memory of where they were . a bad earnings report can take longer then you have to bounce back , some may just go deeper in the hole and never bounce back .
there are totally different risks involved with individual stocks vs just market volatility in funds ...
i do speculate in individual companies but only with a fraction of my portfolio .
One of my stocks went up 200% this year, but I only have a small amount of my portfolio in that stock.
The problem with a lot of those who buy individual stocks is even if they found the next Microsoft ,they have so little invested that not only does it not mean much in the big picture, but their returns still stink over all because so little is actually invested
Does Jeff Bezos' mother (she anted up start up money) complain that she has "too much" Amazon stock?
I wouldn't think so.
Sometimes it just doesn't matter.
Everyone else thinks the same thing, and the price already reflects that expectation. Don't be surprised if the stock drops after 5G. Many people buy on the rumor and sell on the fact.
Fundamentally, you are NOT investing. You are SPECULATING. If you wish to speculate, fine - but do it with an appropriately small percentage of your portfolio.
And, if you wish to speculate, I can think of a dozen better ways to speculate than in AAPL and AMZN, and I would speculate in companies that are NOT in the crosshairs of powerful Senators, Congresspeople, State Attorneys General, and the US Attorney General, and numerous regulatory entities --- not to mention their respective counterparts around the world. I wouldn't speculate in mature companies.
(BTW, I worked at that famous Cupertino Fruit company for far too many years way back when, and still have concentrated positions in it from employee stock purchase plans and employee stock option plans from 40 years ago - but my portfolio likely has a different purpose than yours).
It’s trading at 270 today and I sold 500 shares at 222. Now I am kicking myself.
If you own a stock that has gone up a lot and you are afraid of losing your return, but you think it is likely to go higher, just use a trailing stop whether $ or %.
That happened last December, it went down to 140. But I just can’t stop thinking about how much those 500 shares would be worth now. I have considered buying it back, but I know that doesn’t make sense. I just wish I could forget about the shares I sold.
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