Originally Posted by
retailguy
partial my money is SAFELY invested. I work too hard to put it at risk, and I'm older than you. Taking the foolish chances you do would be disastrous for me as i lack 20 years on what your investment portfolio will earn. Over the next 5 years, I'll bet you I'll earn more than you will.
You say you respect my advice. If you can turn your big mouth off for even one minute, DO IT NOW. Unless you have sold your Apple stock, you haven't earned ONE DAMN PENNY. Let's say you bought 100 shares of stock. Today, you still "own" 100 shares of stock. That stock trades at a higher price than when you bought it, TODAY, but it may not tomorrow.
Until you pay taxes on it, YOU HAVE NOT EARNED A PENNY. Never forget that. Only a fool spends money before he earns it, and that fool also plans how he's gonna spend it. Don't do that. You will regret it. On the reverse, you haven't "lost" money until you sell it, or the exchange delists it. You'll still own 100 shares.
Buy it. Hold it. Save it. when you retire, you'll be fine. It is not a sprint, it's a marathon.
Finally, you didn't follow all my advice, because I would NEVER tell you to buy single stocks. Never. If you wanted to invest in Apple, I'd have told you to find a good performing mutual fund that holds apple stock. They have enough buying power to properly diversify. You don't, and it's not likely to happen anytime soon either.
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