Friday, July 12, 2024

Apple $232

So when Apple's new improved Siri comes out next year and some problem with it gets tons of press, and the stock price falls below $200, you'll all buy shares without my pushing you into it, right?


On the one hand, it takes patience to wait out these long Apple cycles. On the other hand, taxes are awfully low on long term capital gains!

And, speaking of cycles and patience, the stock market is white hot right now. When everyone is losing their mind buying hand over fist, the smart move is to sell. And vice versa. Selling now ensures you'll have the cash to pick up bargains in the coming downturn.

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