Another boring money post

[MJZiggy]

Why do we care so much about apple? Is this really the best place to make money? If some one had 60k to invest, who would recommend just dump all of it in apple?

We don't care so much about Apple. Partial does. Partial would and has (probably on page 1) recommended dumping it all in Apple. The rest of the 10 pages is the rest of the forum trying to tell him to be careful in overvaluing a stock by worshiping the company's products too much. P, I had a problem a couple months ago. I had a wallet that was wonderfully small and light, but didn't notice when it fell off my lap on the metro. Thank god I went to put something in it after I got off the train and managed to dive back on to retrieve my property, otherwise I wouldn't have had my license on vacation. I went and bought a bulkier replacement so I would notice when it left my possession. Have you ever lost your iclip?

[retailguy]

Why do we care so much about apple? Is this really the best place to make money? If some one had 60k to invest, who would recommend just dump all of it in apple?

Original Post

Hey, smart money people, WWYD with 60k right now investment wise?

Answer - Post #4

AAPL. Just saw a 12 month estimate at 610 USD. It's at 385 right now.

Kind of sums it up, don't you think?

[mraynrand]

... necessitated a new back cover and it now has a significant "bulge" in it....

description of Partial's reaction to the new iphone?

[mraynrand]

dp

[mraynrand]

I want to beat Skinbasket to death for starting this thread. Here is to hoping he splashes the pages of this thread with the largest cock anyone has ever seen, Ziggy included.

Why don't you go re-read the Favre thread and leave Partial to have sex with his iPhone in peace.

[Deputy Nutz]

I love me some Favre.

[Patler]

Why do we care so much about apple? Is this really the best place to make money? If some one had 60k to invest, who would recommend just dump all of it in apple?

After reaching an intraday high of $423 on 9/20, AAPL closed today at $381.
Nasdaq is down about 4% over the 10 day time period.
AAPL is down about 9% over the same time period.

A stock down significantly more than its exchange could indicate a good entry point, or could indicate at least short term concerns.
I own AAPL.
I will continue to hold AAPL at least for a while.
I will not buy anymore AAPL, at least for a while.
My decisions are based on pure conjecture, and prayer.

[MJZiggy]

After reaching an intraday high of $423 on 9/20, AAPL closed today at $381.
Nasdaq is down about 4% over the 10 day time period.
AAPL is down about 9% over the same time period.

A stock down significantly more than its exchange could indicate a good entry point, or could indicate at least short term concerns.
I own AAPL.
I will continue to hold AAPL at least for a while.
I will not buy anymore AAPL, at least for a while.
My decisions are based on pure conjecture, and prayer.

Ok, but at the rate I'm going, I'm going to need to know what to do with a chunk of change to invest. We all know how I feel about AAPL's possible future performance, so what might you recommend? Any funds doing well? Which kind of IRA do I want again?

[Partial]

Ok, but at the rate I'm going, I'm going to need to know what to do with a chunk of change to invest. We all know how I feel about AAPL's possible future performance, so what might you recommend? Any funds doing well? Which kind of IRA do I want again?

You wouldn't invest in a stock that 50/50 analysts on Yahoo recommend?? If I were in your shoes, I wouldn't invest in anything because clearly I have fundamental issues of understanding very basic ideas of the market.

We don't care so much about Apple. Partial does. Partial would and has (probably on page 1) recommended dumping it all in Apple. The rest of the 10 pages is the rest of the forum trying to tell him to be careful in overvaluing a stock by worshiping the company's products too much. P, I had a problem a couple months ago. I had a wallet that was wonderfully small and light, but didn't notice when it fell off my lap on the metro. Thank god I went to put something in it after I got off the train and managed to dive back on to retrieve my property, otherwise I wouldn't have had my license on vacation. I went and bought a bulkier replacement so I would notice when it left my possession. Have you ever lost your iclip?

No, I'm a careful person, I do not lose things. If people needed something bigger so they wouldn't lose it, why was the iPod nano such a revolutionary product that sold millions?? C'mon, get real, you're just trying to rationalize and its not an attractive look. Be more careful with your shit.

Why do we care so much about apple? Is this really the best place to make money? If some one had 60k to invest, who would recommend just dump all of it in apple?

Depends upon their situation. Skin inherited some money is my understanding. If it's play money, then yes, absolutely. I'm all in on Apple because the math and market shows it is a phenomenal buy right now.

But tonight, when I get home, can I watch news videos on virtually every major news site on my iphone, or on my ipad? No, because it doesn't let flash run at all, much less willy nilly in the background.

Yes. Because Flash is irrelevant and you're an idiot for thinking it's not. See the statements about Windows 8 that you conviently ignored. What site that serves up flash doesn't serve it up in the extremely efficient H264 standard? Have you tried this?

So, lemme get this straight, in 2013 after apple has "changed" the technology and flash has been "destroyed", THEN, I can watch news videos on a phone, that in 2013, I WILL NO LONGER BE USING (because I'm a FOOL if I don't use the "subsidized upgrade policy").

Flash is already irrelevant. This is a stupid argument that stupid people make. Apple didn't destroy it. Open web standards pushed by companies like Apple, Mozilla, Google, WWW consortium, etc. You're factually incorrect. Again, IF you're paying for a contract and not taking the subsidy, you're paying for a subsidy you're not using. #Fact

Yes, it certainly is "excellent", what a user experience that is!

Believe it or not, the "thicker" phone is more comfortable for my hands, and I didn't have to send my phone ANYWHERE to replace the battery. It took 5 minutes to pop off the cover, replace and restart.... But, hey, call the mother ship, and wait 10 days. Sounds like an "excellent" user experience to me! Just the "cost" of having superior technology.

Apple uses quality lithium polymer batteries so this is really a non-issue. Go to the mall, ask for a loaner. Absolutely no problem at all. Again, you fail to understand the circumstance before you make a judgement call. How often does a battery need to be changed, anyway? So it's an inconvenience for 20 minutes to go to the mall and get a carbon copy of your contents (from iCloud) and have a loaner. Big deal.

Hey - if I'm expecting an important call, do you suppose I could attach a post it note to my phone, asking the tech to answer it when it rings and give the important caller a message? LMAO...

Would you rather have a phone that has lasting battery life both in short term and long term duration (daily life, and over the course of many days)? An iPhone 4 will last you with the same amount of usage probably 3-4x as long as that lovely Samsung Epic you love to talk about. Especially with the stock bloatware that Sprint loads it with (running as root) running in the background.

[Patler]

Ok, but at the rate I'm going, I'm going to need to know what to do with a chunk of change to invest. We all know how I feel about AAPL's possible future performance, so what might you recommend? Any funds doing well? Which kind of IRA do I want again?

Just send it to:
P.O Box.................... !

Seriously, now:

Anything anyone might recommend today, even for a mutual fund, is meaningless unless you actually have the money to invest today. You need to evaluate your options when you can actually make the investment.

I am doing a lot of buying and selling of individual stocks because I find it entertaining, and as I have mentioned several times I started with a nice chunk of "found money" that I never expected to have. Even so, I spend a lot of time making sure I don't screw it up too badly. To my way of thinking, any individual security is a very short term recommendation, because you have to continually re-evaluate in a clear, unbiased way whether it is something you should continue to hold or not. You can see from this thread how often I re-evaluate just my holdings of AAPL. Not everyone wants to spend the time doing that. I look at it as a hobby.

I expect you will want to look for a mutual fund, but I'm not in a position to recommend any. I have a significant amount in several, but to my way of thinking their performance has been lackluster. I need to spend considerable time figuring out what to switch them into myself. I don't know that there are any real shining stars out there right now. I don't know of any anyway. Everyone took such a beating 3 years ago that you really have to dig into what they have and haven't done, and even whether or not the fund manager is the same. Many have changed.

You would be better of reading or soliciting the recommendations of real experts, not us on a football fan site!

[MJZiggy]

1. If I don't believe what 50% of the analysts say, then yes, I will go with the other 50% who DON'T recommend Apple. Yes. It's called thinking for myself.
2. It isn't about being careful with your things. Only you could come up with that argument.
3. This is not play money. Monopoly didn't print it. It is investment capital and should be taken seriously. To do otherwise is foolhardy.
4 and 5. Because you say it's irrelevant does not prove it so, and calling someone stupid does not make you right. It makes you look...well...stupid.
6. What if I can't get to the mall? I've never even thought of a battery issue with my droid. Interesting that you already know just what to do. Have you been to the mall recently?
7. Has it not gotten through your thick skull yet that no one gives a shit about Apple but you? People are happy with what they have. Why can't you ever leave it at that?

[MJZiggy]

Just send it to:
P.O Box.................... !

Seriously, now:

Anything anyone might recommend today, even for a mutual fund, is meaningless unless you actually have the money to invest today. You need to evaluate your options when you can actually make the investment.

I am doing a lot of buying and selling of individual stocks because I find it entertaining, and as I have mentioned several times I started with a nice chunk of "found money" that I never expected to have. Even so, I spend a lot of time making sure I don't screw it up too badly. To my way of thinking, any individual security is a very short term recommendation, because you have to continually re-evaluate in a clear, unbiased way whether it is something you should continue to hold or not. You can see from this thread how often I re-evaluate just my holdings of AAPL. Not everyone wants to spend the time doing that. I look at it as a hobby.

I expect you will want to look for a mutual fund, but I'm not in a position to recommend any. I have a significant amount in several, but to my way of thinking their performance has been lackluster. I need to spend considerable time figuring out what to switch them into myself. I don't know that there are any real shining stars out there right now. I don't know of any anyway. Everyone took such a beating 3 years ago that you really have to dig into what they have and haven't done, and even whether or not the fund manager is the same. Many have changed.

You would be better of reading or soliciting the recommendations of real experts, not us on a football fan site!

So true. Did I tell you about the time that Motley Fool asked me to apply there? When I was done laughing, I did. I wonder why I never heard back...

As soon as my emergency fund is no longer an emergency fund then I will need to take the excess and replace the retirement funds that weren't matched on this contract.

[Partial]

1. If I don't believe what 50% of the analysts say, then yes, I will go with the other 50% who DON'T recommend Apple. Yes. It's called thinking for myself.

Except it's 100%. 50 out of 50 recommend or strongly recommend. That mathematical statement is called a fraction. "50/50" is equivalent to 1.0, or 100%. How could you have possibly interpreted that as anything else? I cannot fathom how anyone who has passed 6th grade could derive 50% from an obvious fraction. Math or reading don't appear to be strong suits, so storing the money under a mattress is probably your best bet.

2. It isn't about being careful with your things. Only you could come up with that argument.

You're trying to argue that something you carry with you constantly being thinner is a bad thing. Yet, here you were the one weeks ago touting how your phone was thinner than the iPhone and that was a factor that motivated you (it isn't thinner, btw, it's significantly thicker). You can't have it both ways.

I'm not worried about losing my ultra-thin industry leading form factor iPhone. Was anyone else talking about how phones were too thin when the Galaxy S II came out? No, because that's a ridiculous argument. You're grasping as pathetically weak straws. Only you and RG would try to argue that a fatter, thicker phone is a good thing.

3. This is not play money. Monopoly didn't print it. It is investment capital and should be taken seriously. To do otherwise is foolhardy.

Okay.

4 and 5. Because you say it's irrelevant does not prove it so, and calling someone stupid does not make you right. It makes you look...well...stupid.

Microsoft considers flash irrelevant. Apple considers flash irrelevant. Google is one of the strongest proponents of HTML5 and javascript around. They consider it irrelevant. Ipso facto, Flash is irrelevant.

Nothing yanks my chain more than those stupid verizon commercials talking about tablets running flash. This is basically a slap in the face of consumers to call them stupid and a really weak marketing effort to sell a product. The tablet they're selling, in this case a Motorola Xoom, the flagship Android tablet, didn't have a single marketable advantage over the iPad, so they had to resort to the pathetic, poor running flash gimmick (which is irrelvant). GMAFB. You can't play flash games anyway because you don't have a mouse. Who wouldn't rather play a native game from the app store anyway?? GMAFB.

I have used my tablet a ton and have never encountered this issue. Websites want their content to be consumed, so they are tailoring the content to fit the needs of devices.

Hell, even pretty much every porn site delivers H264 video on the iPad. No flash issues there.

Why? Because flash is irrelevant and a dying technology.

6. What if I can't get to the mall? I've never even thought of a battery issue with my droid. Interesting that you already know just what to do. Have you been to the mall recently?

Right, you're 99.999% most likely not going to need to replace the battery. It's irrelevant, but RG will debate anything he possibly can. Say you did have an issue: It's much more convenient to run to the Apple store and get a carbon copy loaner immediately while it's replaced (zero down time) than have to order one on eBay, have it shipped, etc. That's a several day process.

7. Has it not gotten through your thick skull yet that no one gives a shit about Apple but you? People are happy with what they have. Why can't you ever leave it at that?

I don't really care what they're in to. I'm here to discuss facts, and when people make incorrect assertions, as a shareholder it is in my best interest to clear them up.

[MJZiggy]

I don't remember if I said it was thinner. What I said that I actually care about is that I like what I have better. That's a fact you're just not going to clear up. Retail doesn't like his iPad and no matter how many statistics you toss around or reviewers you quote, you're not going to change his mind. I have no use for a tablet and that isn't going to change either, nor will you change my mind that Amazon could do some serious damage to iPad sales with the new Kindle. It just won't happen. What you will do is annoy people into having a bias against apple because they have to defend themselves and their personal choices against your onslaught.

Now. Which IRA was I supposed to look into? Roth or non-Roth? I can never remember and I'm really hoping to have to move this money very soon.

[Partial]

I don't remember if I said it was thinner. What I said that I actually care about is that I like what I have better. That's a fact you're just not going to clear up.

You did say it was thinner. Which is wrong. You also said it had a better display, which is also wrong. Bigger - yes, Better quality - no.

That's because you don't have an iPhone. You don't know what you're missing.

Have you used an iOs device for an extended period of time? I'd guess no. You're happy with what you have because it's okay and better than what you had before. That doesn't mean it's good, or great, or anything else. It means it is okay. You don't know what you're missing.

Retail doesn't like his iPad and no matter how many statistics you toss around or reviewers you quote, you're not going to change his mind.

There is no way that Retail doesn't find the hardware superior, the OS more intuitive, useable, etc. There is absolutely no way. There's a reason that people who could never use a computer have no troubles with an iPad. Do you really think they could Android??

RG is just being an ass and being stubborn. He knows it. I know it. Quite frankly everyone knows it. He can bitch about the stupid cables but that is such a minor part of the equation... same with iTunes. He's really just showing his bias and his true nature as an asshat.

I have no use for a tablet and that isn't going to change either, nor will you change my mind that Amazon could do some serious damage to iPad sales with the new Kindle. It just won't happen. What you will do is annoy people into having a bias against apple because they have to defend themselves and their personal choices against your onslaught.

I don't have a problem with personal choice. Use a shitty device. It's your money and your poor decision to make. It's a free country. I just try to show people how to take their life better.

Now. Which IRA was I supposed to look into? Roth or non-Roth? I can never remember and I'm really hoping to have to move this money very soon.

Roth is free of capital gains tax. Both are capped at 6K per year I believe (this may have changed). No reason that I'm aware of not to go Roth.


Also, it's an HTC Thunderbolt. Not a Droid. Android is the operating system. Verizon, with some brilliant marketing, has started this whole Droid thing for a few select phones. Yours is not one of them. Phew, feel better now, had to get that out.

[MJZiggy]

You missed responding to the part about being so fucking annoying about it that you actively turn people off to the Apple brand.

[Patler]

Now. Which IRA was I supposed to look into? Roth or non-Roth? I can never remember and I'm really hoping to have to move this money very soon.

Look into both. Some of the major differences are:

Traditional IRA is a pre-tax contribution. Roth contributions are taxed. So, in addition to the amount put into the IRA, if it's a Roth you have to be able to afford taxes on the contribution as well. This can result in some people being able to afford a larger contribution to a traditional IRA than to a Roth.

Roth earnings are untaxed under the current law, meaning that even when you withdraw, it is tax free. However, as with any deduction or exemption, there is no guarantee that it will always remain that way. As you withdraw from a traditional IRA, the withdrawal is subject to taxation as ordinary income. This may or may not be significant depending on the tax laws at the time of withdrawal.

Roth contributions are subject to earning limits, $107K for an individual, I think. There are other limits, depending on whether you are eligible for a retirement plan from an employer.

I encourage you to learn about and understand both so you can make an informed decision based on your circumstances.

[Partial]

RG, Please take a moment to read this.

http://www.apple.com/hotnews/thoughts-on-flash/

That's a letter penned from Steve himself about Flash.

Furthermore, here are some more facts:

1. Windows 8 will not support flash or any other browser plugins
2. Macs no longer ship with flash installed
3. Linux has never had reasonable flash support
4. The vast majority of people are now using HTML5 compatible browsers (IE9, Chrome, FF, Safari, Opera)
5. Javascript performance has gone way up thanks to JIT compiling
6. Javascript and CSS can leverage hardware acceleration, flash's hardware acceleration only works on Windows
7. Javascript can in theory be multi-threaded (Google V8) and Web Workers make concurrency possible (better responsiveness)

Note that Steve points out a slew of news sites that offer video in H264. You're misinformed about that.

The three biggest platforms won't support flash. How exactly is flash relevant? How will it survive?

[MadtownPacker]

MFer am I gonna have to put you on ice? Cant you just have a conversation without being a snooty ass bitch? Ziggy is a chick you are not, quit acting like one!

[mraynrand]

MFer am I gonna have to put you on ice? Cant you just have a conversation without being a snooty ass bitch? Ziggy is a chick you are not, quit acting like one!

It's been a two-way street on this one.

BTW, Nice sexist remark - you should be banned for that.