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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: handyman who wrote (202199)7/16/2018 9:40:05 PM
From: Heywood401 Recommendation

Recommended By
NAG1

  Respond to of 213176
 
I ran a seasonal small business for decades.

The annual profitability of the business depended on many factors I couldn't control, including weather.

At the beginning of the season I had go pretty deeply in debt to purchase all the materials and supplies I needed for the season, and would begin the season by worrying about whether or not I was going to be able to pay off that debt, and actually make some money.

It seems like there's always something to worry about when you're running a business, and sure enough, at some point during the season, when I realized I had transitioned into worrying about how much tax I was going to have to pay on the money I was making, I'd smile and realize I had it made.

At least, until next year.

It's a good position to be in with AAPL, worried about selling because of onerous capital gains taxes.

It will be over 200 sooner or later. I'll wait.

Sounds like you just gave up about $16K in annual dividends...what was your ROI on your basis for those shares?

I paid about $1.04 for my shares and they are currently paying an annual dividend of $2.92, a 280% ROI.

Not to mention that they're up in value by a factor of 180X or so.



To: handyman who wrote (202199)7/17/2018 2:13:02 AM
From: rnsmth  Respond to of 213176
 
I think Apple will keep bumping a long at about a 15-20% annual gain for a long time

I think you will be glad you are holding those shares.



To: handyman who wrote (202199)8/1/2018 1:53:33 PM
From: Heywood40  Respond to of 213176
 
Ever? That's a long time...



To: handyman who wrote (202199)8/6/2018 2:42:20 PM
From: MGV2 Recommendations

Recommended By
JP Sullivan
Stock Puppy

  Respond to of 213176
 
"but I don't see this stock getting to 200 maybe ever."

Now, you might be right. :)