|
08-11-2020, 03:08 PM | #5866 |
The Seated Villain
Join Date: Apr 2007
Location: Seattle
|
|
Posts: 10,686
|
08-11-2020, 03:13 PM | #5867 |
Andy Reid Supporter
Join Date: Apr 2012
|
**** yeah! Apple and Tesla splitting. Put that money in folks
|
Posts: 47,538
|
08-11-2020, 03:33 PM | #5868 | |
MVP
Join Date: Oct 2017
|
Quote:
Granted, I am a set and forget investor, so I don't pay attention much. |
|
Posts: 7,371
|
1 0 |
08-11-2020, 03:46 PM | #5869 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
|
Quote:
Only benefit could be for those doing covered calls now have more shares to sell options on. |
|
Posts: 46,047
|
1 0 |
08-11-2020, 04:07 PM | #5870 |
I'll be back.
Join Date: Nov 2002
|
|
Posts: 285,508
|
08-11-2020, 04:26 PM | #5871 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
|
|
Posts: 43,808
|
08-11-2020, 04:37 PM | #5872 | |
The Seated Villain
Join Date: Apr 2007
Location: Seattle
|
Quote:
https://us.etrade.com/knowledge/libr...ding-beginners |
|
Posts: 10,686
|
08-11-2020, 04:45 PM | #5873 | |
Andy Reid Supporter
Join Date: Apr 2012
|
Quote:
Apple did their last stock split in 2014 when it started around $92. It has gone up 5 fold in 6 years. That’s amazing |
|
Posts: 47,538
|
08-11-2020, 06:21 PM | #5874 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
|
Quote:
See Amazon. The split does nothing. It’s a great company with a high stock price because it’s got great revenue and a huge cash pile. People can buy partial shares already, so splitting means nothing. If Apple is worth purchasing at $100/shares, it’s also worth purchasing at $500/share. |
|
Posts: 46,047
|
1 0 |
08-11-2020, 06:59 PM | #5875 | |
Veteran
Join Date: Oct 2002
Location: Bismarck
|
Quote:
|
|
Posts: 1,280
|
08-11-2020, 07:04 PM | #5876 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
|
|
Posts: 46,047
|
08-11-2020, 08:12 PM | #5877 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
|
Not that I don't mind some great pump and dump options, but some good dialogue in this thread could make it valuable.
Just a bit of thought on Apple. Most people already "own" a large position in Apple given it's heavy weight carried in many index and mutual funds that people own. Many times people will select funds in their 401k and not even know their exposure to the top companies within that fund, which many times includes Apple. I personally have no need for owning Apple as my exposure through funds is already quite high. That doesn't mean I won't swing trade it or sell/buy options on it if needed. Owning it long term is already factored into my 401k and ROTH IRA, however, so weighting myself further to Apple with individual stocks isn't a need for me. Just some food for thought. |
Posts: 46,047
|
08-11-2020, 08:18 PM | #5878 | |
MVP
Join Date: Oct 2017
|
Quote:
Exactly, It's also interesting how many people choose to actively manage the bulk of their portfolios when generally this will underperform in the long term. |
|
Posts: 7,371
|
08-11-2020, 08:19 PM | #5879 | |
MVP
Join Date: Oct 2017
|
Quote:
Yep |
|
Posts: 7,371
|
08-12-2020, 12:30 AM | #5880 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
|
A stock split brings in MORE individual investors.
|
Posts: 51,922
|
|
|