Is Apple a Strong Buy (Stock)?

I don't think your investing strategy is worth the stress it seems to be causing you.

If you think a $20 move on a $400 stock is a "major shit," you should have about $0 invested in the stock market. And AAPL will never hit $700 again cause you want it to. It will hit $70 first just to piss you off.

Piggy bank. The only way a piggy bank takes a major shit is if you drop it on the floor.

A move of 4.5% is not a major anything. When you said you bought "A" share...do you actually mean 1 single share? I don't see the point in trading one share when the fees are going to run you, what $16 round trip.

Like previous posters are saying - not only the money in apple, but even the amount of money you have invested in the stock market its not really substantial enough to really make a dent. To be honest, your portfolio should be more consolidated. With 11 different stocks in a $2000 portfolio that's about $175 in each stock. That's not really even enough to make trading fees worth it. (Your value would need to appreciate about 10% for you to even come out even.) I'd suggest for future investments, either consolidating stock, or if you don't have more money to invest, throw it in a no-trading-fee mutual fund. This way you can easily match your risk:return ratio tolerance.

Quote from WoundedCheese : Like previous posters are saying - not only the money in apple, but even the amount of money you have invested in the stock market its not really substantial enough to really make a dent. To be honest, your portfolio should be more consolidated. With 11 different stocks in a $2000 portfolio that's about $175 in each stock. That's not really even enough to make trading fees worth it. (Your value would need to appreciate about 10% for you to even come out even.) I'd suggest for future investments, either consolidating stock, or if you don't have more money to invest, throw it in a no-trading-fee mutual fund. This way you can easily match your risk:return ratio tolerance.

At 2K investment should really only be in one stock.

I read online that the more variety you have in your stocks, the better off you are. Stock took a shit from its $504 one day to $440 a week later....

Don't invest in Apple because it is the "cool" company. One share just to say you own it. Not a good strategy.

Why did you buy at 462? There is major support at 400-430, the good news for you is it will fill the gap at 500 before it sees 430. When it does, you need to sell. 500 would be a good place to short aapl though.

It will never see $700 again because the company is past it's prime. Steve Jobs was Apple. They are losing market share to other better phones and tablets and they have no innovation anymore.

Quote from Squilly : I read online that the more variety you have in your stocks, the better off you are. Stock took a shit from its $504 one day to $440 a week later....

You are right - diversity is very important. However, the fees you are paying outweigh any return on the stocks that you may see. For example, stock worth $200 and your trading fees are $16, you would need to see 8% growth just to break even. I still think that when trading in low amounts like that you should consolidate to pick one stock or put it in a mutual fund if you want to diversify your holdings (which is the reason you want to own a variety of stocks). A mutual fund will allow you to buy into a wide group of stocks (mitigate your risk) while still allowing you to still make a solid return. Obviously mutual funds have pros and cons (some have trading fees, various expense ratios etc) but for $2000 I'd go that route instead of burning all the money in trade fees.

Quote from WoundedCheese : You are right - diversity is very important. However, the fees you are paying outweigh any return on the stocks that you may see. For example, stock worth $200 and your trading fees are $16, you would need to see 8% growth just to break even. I still think that when trading in low amounts like that you should consolidate to pick one stock or put it in a mutual fund if you want to diversify your holdings (which is the reason you want to own a variety of stocks). A mutual fund will allow you to buy into a wide group of stocks (mitigate your risk) while still allowing you to still make a solid return. Obviously mutual funds have pros and cons (some have trading fees, various expense ratios etc) but for $2000 I'd go that route instead of burning all the money in trade fees.

There are no trading fees with Ameritrade (who I trade with). If you have $2000 or more in your Ameritrade account, they waive the commission fee ($10).

Quote from B9FYwspP8J85 : Don't invest in Apple because it is the "cool" company. One share just to say you own it. Not a good strategy. Why did you buy at 462? There is major support at 400-430, the good news for you is it will fill the gap at 500 before it sees 430. When it does, you need to sell. 500 would be a good place to short aapl though. It will never see $700 again because the company is past it's prime. Steve Jobs was Apple. They are losing market share to other better phones and tablets and they have no innovation anymore.

They seem to be having a good day today so far. I pulled out over the weekend. Maybe I'll buy again when, as you said, it reaches $400-$430. You don't think it'll reach $700 again? They're still capable of being innovative, with Ive as the Creative Executive of iOS.

Quote from Squilly : I read online that the more variety you have in your stocks, the better off you are. Stock took a shit from its $504 one day to $440 a week later....

Unless of course your stocks are all highly correlated in which now you just have one massive pile of risk.

Quote from Squilly : There are no trading fees with Ameritrade (who I trade with). If you have $2000 or more in your Ameritrade account, they waive the commission fee ($10). They seem to be having a good day today so far. I pulled out over the weekend. Maybe I'll buy again when, as you said, it reaches $400-$430. You don't think it'll reach $700 again? They're still capable of being innovative, with Ive as the Creative Executive of iOS.

what happens when your free trial runs out before you sell the stock you bought at $200? your stock is going to have to grow 5% just to break even.

Quote from Squilly : There are no trading fees with Ameritrade (who I trade with). If you have $2000 or more in your Ameritrade account, they waive the commission fee ($10).

Wha?

Just keep buying the stock when you think it will go up and sell it when it goes down. One day, you might get it right. If your goal is to "pick stocks" then thinking about it a lot is a great idea. If your goal is to buy and sell stocks and make money than thinking about it at all is total waste of time.

Just go with the commission-free ETFs that some of the brokerages are offering now.