Not a bad year for Apple stock

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I listed to you guys back in 2017 and never sold any of my shares:

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Apple Stock

Trading stock is not wise. Investing in stocks for the long term is very wise. That means buying good companies at discounted prices or great companies at fair prices. All one needs to do is find good companies which WallStreet hates and thus are cheap on a relative basis. The key here is to...
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Not entirely accurate because the stock I believe was totally flat or even down in 18. If you bought exactly this time last year you would have made a mint. BUt most analysts predicted apple down and out so it would be quite the decision to buy apple at that point. BUt seriously buy and hold good companies. and dollar cost average.

MA, V, LULU MCdonalds etc
 
PieOHmy said:
Not entirely accurate because the stock I believe was totally flat or even down in 18. If you bought exactly this time last year you would have made a mint. BUt most analysts predicted apple down and out so it would be quite the decision to buy apple at that point. BUt seriously buy and hold good companies. and dollar cost average.

MA, V, LULU MCdonalds etc
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Or buy and hold VTSAX and own all of them (and all of their competitors) in proportion to their market weight.
 
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okayplayer said:
Or buy and hold VTSAX and own all of them (and all of their competitors) in proportion to their market weight.
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Can someone give me a link to the thread where the stock pickers told us about their picks that didn't double in 2019? I can't seem to find it.
 
pgg said:
Can someone give me a link to the thread where the stock pickers told us about their picks that didn't double in 2019? I can't seem to find it.
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It is right next to thread where people post about going to Las Vegas and losing.


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You know what else did well? Nearly everything!


1578053769250.png


(Courtesy of WCI)
 
sethco said:
You know what else did well? Nearly everything!


View attachment 291574

(Courtesy of WCI)
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The best thing about a 10 year freak of a bull market is everyone makes money.

The worst thing about a 10 year freak bull market are the people who think they made money because they're smart.
 
dr doze said:
Bear markets are when assets revert to their rightful owners.
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Some days I feel like the Maytag repairman in waiting around for a bear market that never shows up. I don't think 2020 will be a bear market either due to QE by the Fed and it is an election year. But, if a socialist wins the election then I am quite sure we will see a huge market decline late November 2020.
 
cchoukal said:
I sold a bunch at 220 (basis around 70) to buy a porsche. I'm not saying I don't like the porsche, but I coulda maybe bought two if I'd waited...
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You know the difference between a porcupine and a Porsche?
 
SaltyDog said:
You know the difference between a porcupine and a Porsche?
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One of our cardiac surgeons flew to Germany to pick up his new Porsche and drive it around for a week before coming back to the states. A few weeks later he was being a dick in the OR and one of the older anesthesiologists dropped this joke on him in front of the whole room. Hilarious, but ballsy.
 
btbam said:
One of our cardiac surgeons flew to Germany to pick up his new Porsche and drive it around for a week before coming back to the states. A few weeks later he was being a dick in the OR and one of the older anesthesiologists dropped this joke on him in front of the whole room. Hilarious, but ballsy.
Click to expand...
European delivery of Porches, BMWs, and maybe Mercedes used to be a really excellent deal.

The cost of the travel, purchase, and even shipping to the USA often ended up being comparable to just buying retail at a local dealer. Essentially you got a free vacation out of it and the chance to do your engine break in on the Autobahn. I don't think it's quite so good a deal these days.
 
pgg said:
The best thing about a 10 year freak of a bull market is everyone makes money.

The worst thing about a 10 year freak bull market are the people who think they made money because they're smart.
Click to expand...
Write a book.
 
sevoflurane said:
If you bought it at $160 you did well.
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My older brother bought some stock when it was like $14. Sold it when it dropped to $10. It then jump to like $30 that years.

My dad said it was a cheap lesson.



Maybe it wasn't as cheap a lesson as he thought.
🙂

(yes the numbers are rough estimates. . . . it was a long time ago I was in HS.)
 
Bought apple at $90 in 2008. Thinking about selling all of it this year . Lowest capital gains rate probably in the next century... thoughts?
 
I used to buy and sell Apple stock over the years. Just stupid of me. Now I just hold on to it. I believed in the 10% profit rule. I sold stock if it made 10% profit in short amount of time. It worked for a while but this long bull market is just crazy. Long bull meaning March 2009-current. (I know we had some sideways years in 2014-2015)

it’s hard to hit a home run in a small cap stock like Netflix or even chipotle as it’s going up. You see the wild swings and afraid.

But as I’ve grown older. I know stick to blue chip stocks in 90% of my portfolio. Apple, MasterCard, visa, Microsoft are my core individual stocks.

I have large cap etf stocks that have significant assets in google and amazon.
 
10KHertz said:
Bought apple at $90 in 2008. Thinking about selling all of it this year . Lowest capital gains rate probably in the next century... thoughts?
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If you are one who donates to charity do yourself a favor and open a DAF. Donate the shares there, take the deduction this year, and spread the giving over however long you want.

My latest strategy has been donating every second year and only itemize on those years. I also bunch my other deductions in those same years as I’m able. IF I don’t have stocks I want to remove from my portfolio, I just donate stocks that have gained, then buy the same stock if I still like it, just to manage increasing the basis.

I would imagine your Apple stock from 2008 is probably your largest % gain, but if you have a higher one, do that first.
The fidelity DAF has a very nice interface and tools to help you maximize tax advantages.
 
pjl said:
If you are one who donates to charity do yourself a favor and open a DAF. Donate the shares there, take the deduction this year, and spread the giving over however long you want.

My latest strategy has been donating every second year and only itemize on those years. I also bunch my other deductions in those same years as I’m able. IF I don’t have stocks I want to remove from my portfolio, I just donate stocks that have gained, then buy the same stock if I still like it, just to manage increasing the basis.

I would imagine your Apple stock from 2008 is probably your largest % gain, but if you have a higher one, do that first.
The fidelity DAF has a very nice interface and tools to help you maximize tax advantages.
Click to expand...

I forgot to mention, if this is a large amount of stock, be aware there are limits on % income you can deduct annually. I almost screwed up last year on that front.
 
pjl said:
If you are one who donates to charity do yourself a favor and open a DAF. Donate the shares there, take the deduction this year, and spread the giving over however long you want.

My latest strategy has been donating every second year and only itemize on those years. I also bunch my other deductions in those same years as I’m able. IF I don’t have stocks I want to remove from my portfolio, I just donate stocks that have gained, then buy the same stock if I still like it, just to manage increasing the basis.

I would imagine your Apple stock from 2008 is probably your largest % gain, but if you have a higher one, do that first.
The fidelity DAF has a very nice interface and tools to help you maximize tax advantages.
Click to expand...

I use a Fidelity DAF and really like it. Keep in mind that some DAFs have a minimum annual grant (e.g., must grant out 5% of assets per year), and there are a handful of things that you might want to donate to that wouldn't qualify as a grant from a DAF (e.g., generally things that return something tangible to you, like museum memberships, charity dinners, etc). If you're giving to charities with after-tax money and have a taxable brokerage account, this is a great way to maximize contributions.
 
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