Posted by: Nepali_American August 14, 2011
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Thanks guys.
@T: I am too much of a novice to even think about trying my testicular fortitude :-) on Options, Futures, Forex's, etc.
@O: That's a good advice. I am setting aside a portion of my portfolio for long term, kinda like set it and forget it but re-evaluate every 6 to 12 months, stocks. I am considering AAPL for that bucket. Seems like a safe investment, of course relatively speaking, yes?
I bought AAPL when it was at $125 and sold it at $160 because I needed the money to finish my basement. Had I not done that, I would've multiplied my AAPL wealth by 300%. Well, I take solace on the thought that at least now I have a finished basement, though my house value has probably declined by 30%. Go figure.
@T: I am too much of a novice to even think about trying my testicular fortitude :-) on Options, Futures, Forex's, etc.
@O: That's a good advice. I am setting aside a portion of my portfolio for long term, kinda like set it and forget it but re-evaluate every 6 to 12 months, stocks. I am considering AAPL for that bucket. Seems like a safe investment, of course relatively speaking, yes?
I bought AAPL when it was at $125 and sold it at $160 because I needed the money to finish my basement. Had I not done that, I would've multiplied my AAPL wealth by 300%. Well, I take solace on the thought that at least now I have a finished basement, though my house value has probably declined by 30%. Go figure.