Don't you instead have to average the percent gains?
So, it's more like 18.5%.
Movements in stock prices and indexes are now swayed by the fed statements or their interpretations and by how Italians voted in the last election, not necessarily by how well individual companies do.
had you exchanged them for goog shares, they would be worth 434k
percentages depend on what you want to compare to what.
You are assuming that you had 687 Apple shares, sold them before the drop, used the fund to buy Google... then sell Google and buy Apple shares today.
Doing so, you'll end up with 37% more Apple stocks than what you started with (?)
However, this is still not 37% gain of $$ in your account.
Sorry, I didn't work out the math precisely. Is this right?
let's say you have nothing (and ignore margin costs etc.)
you sell short aapl and use the funds to buy goog shares. then you sell goog, and use the funds to close the short. then you have an infinite gain as you started with zero. so you can get any gain you want really so i leave it as an exercise to you as to how much the 'cost' needs to be to get a precise 37% gain. i just added the two together.
You should buy UK bank shares.
I bought some and in less than a week had made 250 UKP! I sold them and kept the profit.
Then I bought some more after they came back down in price again and currently they're worth 500 UKP less than I paid for them.
So, just do the first half of what I did and skip the second half. Easy.
also saw an article today on aapl, goog, msft etc.
But this is nothing to do with investment decisions.
The question is value , not 'greatness'. Apple might be great, but if their current shares were $1K apiece, that would be a very unwise purchase for a new investor.
Even at about $422, where they are right at this moment, that doesn't seem like good value -- but people can argue about that. Given my investment personality and objectives, not to mention Apple's immediate commercial position, that isn't an investment I'd comfortably make.
You seem to invest too much sentiment in your portfolio. Remember that old axiom: "Don't fall in love with your stocks". If you've made a multi-hundred / thousand percent profit in Apple, please get out now. You can always buy back in once they plateau if they still seem like better value than anything else.
http://nihoncassandra.blogspot.ch/20...edge-test.html
while there may be reasons to be bearish on stocks. it really hasn't paid off in the last few years...
EDIT: google slowed. good time for me to chicken out. like google stock but really don't like equities right now.
with high margin you pay a high price. plus risk that you go from high margin to low or lower margin (which is what i think is happening to apple right now).
as an android user, so can't really judge if/when people might want to switch from iphone/ipad to competing models. but i do see competitors closing the gap and some high profile apple fanboys switching.
Fact is, for every Apple that rewards early investors there are a hundred that will do the opposite. We tend not to be so vocal about those.
But I say again, that if you are a genuinely insightful and bold investor who knows just a bit more than the market does, and has the Midas touch, then fair play to you. Milk your talent/good fortune, and well done. But most people need greater certainty, which they are willing to trade in for smaller, slower profits. This is why you were wrong to say "avoid trackers" as if this is good advice for everyone.
As I said at the outset, nothing wrong with getting rich slowly.