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Technology Stocks : Apple Inc.

AAPL 259.35

+0.1%

Jan 9 9:30 AM EST

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From: pianopoet	5/8/2012 9:24:10 PM
	8 Recommendations Read Replies (3) of 213181

What is the future stock price of Apple. A long time ago in November of 2008, a cute young lady at my bank asked me if I would be interested in opening an account where I would earn a couple points of interest. I thanked her and said I would think about it. After careful consideration I had decided I would put my three thousand dollars into a stock hoping to earn a little more than the interest the bank was offering. Apple attracted me with its innovation, marketing and for having a knack of figuring what the public would like and need. I bought my first 100 shares at the price of 33.59. It was not my luck to determine the highs and lows of the stock market with all the media influences and geniuses who call themselves market gurus trying to persuade its direction. I just figured that it would be better to let the talent of leading companies with their own leadership and hard working employees determine the future where their companies would go. Now I am amused when I hear take a profit when you have it, sell and buy more when it goes down. Wow that is really profound. just follow the pundits and we will all be rich. It is my simple and humble feeling and resolve that through the bear and bull markets , the panic and elation to hold and adhere to the theory that perhaps Warren Buffet's method of buy and hold for the very long term is the best way to go. I heard so many warnings to sell apple when it was less than 100 per share and all through its time there were both the cheerleaders and doomsayers.. Although apple is now several hundred points above my introduction price, I am amazed that my unrealized gain is well over 1600%. It also amazes me now that the price of Apple is a screaming buy. If this stock is pushed down to 500 or lower, I plan not to back up a small truck to load up on its shares but to rent a tractor and trailer and buy all the shares that I can load up... Who can really predict what the future will be or the factors that may influence the direction of the stock market. Does it really matter what the technicians and all the people on CNBC, and wall street have to say? I do not really care. It is my belief and hope to enjoy life everyday and to be grateful for the growth of apple and all my investments over the long term. Happy Investing everyone

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