Richard,
To a certain degree of protection on your investment is good, but
timing the market is a risk. The market is very unpredictable.
Fortunately, Apple has been on the right track almost a year now
and is getting healthier. Fundamentally, it's good investment for
short and long terms on Apple.
Under the current low inflation, low interest, low unemployment,
reasonable GDP, and significant amount 401k saving from baby
boomers, the stock investment is one of the best vehicles to reach
goal for retirement. I don't know where momey managers can
invest $20 - $50 billion dollars besides stocks. Well, maybe bonds
with lower returns.
This quarter is one of two best quarters for Apple because it's a
school-reopen season with excellent Apple products. This quarter
may or may not be better than the next one, but should be a lot
better than the previous two quarters from historical data as well as
economic conditions world-wide. Hence, I am confidant on this
quarter's result and wouldn't worry about the next one since
it's a little far and little impact on the current stock price.
Phil |
