Is Apple a Strong Buy (Stock)?

Quote from Squilly : All my stocks made a profit today. Went up nearly $40 in one day.

You have got to be kidding me. You have $2000 and you plan to trade with it.... and it turn you decide to buy ONE share of Apple.



Sorry to be harsh, but you need at least $5,000 or heck even $10,000 to start investing. I did not start investing until I had $35k. You also need to do more than 1 hour of research. I day-trade and that requires at least 4-5 hours a day, but if you plan on holding, you should still be spending more time on research and not just buying APPL stock because its a cool brand, and that is coming from my, an apple fanboy....

Quote from Squilly : That's what I'll be doing

Then when and why would AAPL be a "strong buy stock?"

Quote from amoghthegamer : Sorry to be harsh, but you need at least $5,000 or heck even $10,000 to start investing.

You're not being harsh, you're just wrong. It absolutely makes it easier to put more capital to work and to lever, hedge, etc but by no means is there some established minium.

People who say that probably started initially with little and lost it all then made the stupid mistake of thinking it was because they didn't bring enough ammo to the game. If you're a sniper, one bullet is all you need. Point: PRACTICE WITH PAPER FIRST before you start with the live rounds.

We've already established that the OP will be gambling, so give him advice as a trader as to what he should be reading/researching to churn some dolla-dolla-billz, yo.

Quote from amoghthegamer : Sorry to be harsh, but you need at least $5,000 or heck even $10,000 to start investing. I did not start investing until I had $35k. You also need to do more than 1 hour of research. I day-trade and that requires at least 4-5 hours a day, but if you plan on holding, you should still be spending more time on research and not just buying APPL stock because its a cool brand, and that is coming from my, an apple fanboy....

Bad advice.

I started investing when i was 11. I can track a $200 investment from that age up until i was around 25 where i turned that $200 into around $75,000.

There is no minimum to investing. If you have $2k now, why wait until you have $5-10k? If you think you see an opportunity, go for it, theres nothing to stop you adding to that investment over time.

Quote from barnz008 : You're not being harsh, you're just wrong. It absolutely makes it easier to put more capital to work and to lever, hedge, etc but by no means is there some established minium. People who say that probably started initially with little and lost it all then made the stupid mistake of thinking it was because they didn't bring enough ammo to the game. If you're a sniper, one bullet is all you need. Point: PRACTICE WITH PAPER FIRST before you start with the live rounds. We've already established that the OP will be gambling, so give him advice as a trader as to what he should be reading/researching to churn some dolla-dolla-billz, yo.

Quote from BargainSnatcher : Bad advice. I started investing when i was 11. I can track a $200 investment from that age up until i was around 25 where i turned that $200 into around $75,000. There is no minimum to investing. If you have $2k now, why wait until you have $5-10k? If you think you see an opportunity, go for it, theres nothing to stop you adding to that investment over time.

I counted something like 11 stocks that the OP was looking to invest. Even at $5 per trade, that alone is $50 or 2.5% of his investment. I would recommend just dumping it all into one stock or into a mutual fund...

Quote from amoghthegamer : I counted something like 11 stocks that the OP was looking to invest. Even at $5 per trade, that alone is $50 or 2.5% of his investment. I would recommend just dumping it all into one stock or into a mutual fund...

I was told about SPY which monitors the S&P 500 but it's $150, which is a turn off due to the price. Granted, I was thinking about buying a near-$500 stock....

Quote from Squilly : I was told about SPY which monitors the S&P 500 but it's $150, which is a turn off due to the price. Granted, I was thinking about buying a near-$500 stock....

There are a lot of opportunities, but none that I can give you that you can hold for a year. I usually buy shares of buy out candidates. Usually I can pick up shares for around $5-$10 a share, and the buyout is can be a 20%-50% premium of the closing price of the day prior to the news breaks, or around 50%-75% from the price I bought into it.


For example, CLWR. I picked up 5,000 shares at $1 in August, another 5k at $1.40 in September. It was bought out by Sprint for $3, but that was a complete bullshit offer. Dish just offered CLWR $3.30 and I expected it to sell for $5 a share... but $3 a share is still a decent profit. I sold most of my shares but still have couple thousand.

I use this same method to rise and repeat on many companies. My future bet is CIT. If it falls under $40, I will be scooping it up!

AA, AAPL, CLF, NYMT, ARR, BWP, NMM, DSX are some stocks I own.

Quote from amoghthegamer : I counted something like 11 stocks that the OP was looking to invest. Even at $5 per trade, that alone is $50 or 2.5% of his investment. I would recommend just dumping it all into one stock or into a mutual fund...

I certainly wouldn't spread $2k between 11 stocks.

Quote from MobileBucks : AA, AAPL, CLF, NYMT, ARR, BWP, NMM, DSX are some stocks I own.

Are you a risky investor? When I look at a chart of something like AA, it's an immediate turn-off for me.
http://investing.money.msn.com/in...?symbol=AA

Quote from Squilly : Are you a risky investor? When I look at a chart of something like AA, it's an immediate turn-off for me. http://investing.money.msn.com/in...?symbol=AA

I try to spread my money. 20% risky individual stock picks, 10% options, 40% long term, 30% cash. Recently I made a ton of money on options because I was lucky so I am carrying cash. I tend to switch positions for quick gains also another reason I have a lot of cash on hand.

(I am young so you can say I am a risky investor)

Buying 4 shares of AAPL at $461 and patiently selling at 10% higher ($507), nets one an additional $200 for that year/month/week/day.
Leave emotions out of it, base investments on your research.

Quote from travathian : Based on this, you shouldn't be investing in individual stocks. Put the 2k into a 401k or IRA or some fund and be done with it. Unless you have the time, energy, and desire to actually research companies and stay on top of not only them but the industry they are in, and current events, then its a fools errand. You're no better off than a monkey picking stocks. In fact, maybe even worse, cause the evidence you use to make decisions is horribly flawed. Not to mention the dollar amounts you are talking about is practically nothing, and once your little trial is over, fees will eat you up.

401k are a worse gamble, allowing Hedge fund manager complete control over your money and passing on all the risk to you, with their ability to increase fees at will over the next 40 years of your life...

So you suggest I go with two or three stocks with the $2000? Also, I confirmed with Ameritrade that after the 60 days is up, it's $10 to buy or sell any stock.