Ay, caramba! Google/Alphabet afterhours - I guess their earnings announcement must have been good! Microsoft's numbers are holding steady.
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to follow up on an earlier discussion on how hard it is to get hundreds of percent of return from one stock. To hang on during these price collapses is very very difficult. TWO 80% drops? But if you own the index you benefitted, albeit in a small way.
If you invested $1,000 in Apple when the stock went public in the 1980s, you'd have about $1.3 million today.
But you would've also had to deal with:
🎢15 selloffs of 20% or more
🎢Five selloffs of 50%
🎢Two drops of 80%
Picking stocks is easy...in hindsight.30 -
agip wrote:
to follow up on an earlier discussion on how hard it is to get hundreds of percent of return from one stock. To hang on during these price collapses is very very difficult. TWO 80% drops? But if you own the index you benefitted, albeit in a small way.
If you invested $1,000 in Apple when the stock went public in the 1980s, you'd have about $1.3 million today.
But you would've also had to deal with:
🎢15 selloffs of 20% or more
🎢Five selloffs of 50%
🎢Two drops of 80%
Picking stocks is easy...in hindsight.Apple has gone up 46,000% in the last 30 years. AMZN has gone up 169,000% in the last 30 years. If you had bought $10,000 worth of AMZN 30 years ago, it would be worth $17 million.
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Seven of the eight indexes on our world watch list posted gains through July 24, 2023. Tokyo's Nikkei 225 finished in the top spot with a YTD gain of 25.32%. The U.S.'s S&P 500 finished in second with a YTD gain of 19.10% while France's CAC 40 finished in third with a YTD gain of 12.13%.
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Sally Vix wrote:
agip wrote:
to follow up on an earlier discussion on how hard it is to get hundreds of percent of return from one stock. To hang on during these price collapses is very very difficult. TWO 80% drops? But if you own the index you benefitted, albeit in a small way.
If you invested $1,000 in Apple when the stock went public in the 1980s, you'd have about $1.3 million today.
But you would've also had to deal with:
🎢15 selloffs of 20% or more
🎢Five selloffs of 50%
🎢Two drops of 80%
Picking stocks is easy...in hindsight.Apple has gone up 46,000% in the last 30 years. AMZN has gone up 169,000% in the last 30 years. If you had bought $10,000 worth of AMZN 30 years ago, it would be worth $17 million.
I bought both Apple and Google purchased in 2006 and 2007. I don't know, I guess I just fell for the hype. Imagine that.
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seattle prattle wrote:
Sally Vix wrote:
Apple has gone up 46,000% in the last 30 years. AMZN has gone up 169,000% in the last 30 years. If you had bought $10,000 worth of AMZN 30 years ago, it would be worth $17 million.
I bought both Apple and Google purchased in 2006 and 2007. I don't know, I guess I just fell for the hype. Imagine that.
You picked a great time to buy APPL. It's inception was in 1980 and it was mostly flat for the next 25 years. Its stock price was around $2 when you bought in 2006. It soon took off and I mean REALLY too off to $195 today. Back in 1980 it was trading at about 15 cents. Well done on your timing.
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I still think the funniest political story of the year is that even while the Rs were screaming 'open border!' the Biden admin was using unconstitutional methods to restrict the flow.
Just classic.
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agip wrote:
I still think the funniest political story of the year is that even while the Rs were screaming 'open border!' the Biden admin was using unconstitutional methods to restrict the flow.
Just classic.
rats sorry I posted on the wrong thread please do not flame me.
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Sally Vix wrote:
seattle prattle wrote:
I bought both Apple and Google purchased in 2006 and 2007. I don't know, I guess I just fell for the hype. Imagine that.
You picked a great time to buy APPL. It's inception was in 1980 and it was mostly flat for the next 25 years. Its stock price was around $2 when you bought in 2006. It soon took off and I mean REALLY too off to $195 today. Back in 1980 it was trading at about 15 cents. Well done on your timing.
I'm really sure I bought some before then, but I must have sold it during the internet collapse. Actually, what I think happened is that I bought it well before then, sold it during the collapse around 2001, and the shares I now hold were bought back, and those shares were bought at just under $5 per share.
As I said on here before, I jumped onto the apple bandwagon when they started getting into MP3s, Itunes, etc., and were integrating everything. I had weird a$$ Palm Pilot kinds of things with snap on internet transmitters to get mobile wifi, etc. I could see that Apple might emerge into something if it could offer a more seamless user experience.
Google was the new search engine coming out and it was a bit more advanced and there was a lot of buzz about it back then so I thought it might go somewhere.
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agip wrote:
I still think the funniest political story of the year is that even while the Rs were screaming 'open border!' the Biden admin was using unconstitutional methods to restrict the flow.
Just classic.
Stock market posts - here
Biden posts - Biden thread
Trump posts - Trump thread
Is it really that hard to understand where to post?
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seattle prattle wrote:
Sally Vix wrote:
You picked a great time to buy APPL. It's inception was in 1980 and it was mostly flat for the next 25 years. Its stock price was around $2 when you bought in 2006. It soon took off and I mean REALLY too off to $195 today. Back in 1980 it was trading at about 15 cents. Well done on your timing.
I'm really sure I bought some before then, but I must have sold it during the internet collapse. Actually, what I think happened is that I bought it well before then, sold it during the collapse around 2001, and the shares I now hold were bought back, and those shares were bought at just under $5 per share.
As I said on here before, I jumped onto the apple bandwagon when they started getting into MP3s, Itunes, etc., and were integrating everything. I had weird a$ Palm Pilot kinds of things with snap on internet transmitters to get mobile wifi, etc. I could see that Apple might emerge into something if it could offer a more seamless user experience.
Google was the new search engine coming out and it was a bit more advanced and there was a lot of buzz about it back then so I thought it might go somewhere.
I was really surprised to look at the graph for AAPL and see how flat it was for 25 years.
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Sally Vix wrote:
seattle prattle wrote:
I'm really sure I bought some before then, but I must have sold it during the internet collapse. Actually, what I think happened is that I bought it well before then, sold it during the collapse around 2001, and the shares I now hold were bought back, and those shares were bought at just under $5 per share.
As I said on here before, I jumped onto the apple bandwagon when they started getting into MP3s, Itunes, etc., and were integrating everything. I had weird a$ Palm Pilot kinds of things with snap on internet transmitters to get mobile wifi, etc. I could see that Apple might emerge into something if it could offer a more seamless user experience.
Google was the new search engine coming out and it was a bit more advanced and there was a lot of buzz about it back then so I thought it might go somewhere.
I was really surprised to look at the graph for AAPL and see how flat it was for 25 years.
It didn't really take off until about 2015, though a solid performer up to then nonetheless. As I recall, I was heavily biased in small cap ETFs coming out of the internet bubble collapse in 2001, and in about 2015 I rotated that to all tech, adding to what I had already. The notion was that small caps tend to do particularly well coming out of a bear market.
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seattle prattle wrote:
Sally Vix wrote:
I was really surprised to look at the graph for AAPL and see how flat it was for 25 years.
It didn't really take off until about 2015, though a solid performer up to then nonetheless. As I recall, I was heavily biased in small cap ETFs coming out of the internet bubble collapse in 2001, and in about 2015 I rotated that to all tech, adding to what I had already. The notion was that small caps tend to do particularly well coming out of a bear market.
It took off way before then. Look at this graph and see how it took off around 2009. You might have to change it to "All" on the chart.
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Sally Vix wrote:
seattle prattle wrote:
It didn't really take off until about 2015, though a solid performer up to then nonetheless. As I recall, I was heavily biased in small cap ETFs coming out of the internet bubble collapse in 2001, and in about 2015 I rotated that to all tech, adding to what I had already. The notion was that small caps tend to do particularly well coming out of a bear market.
It took off way before then. Look at this graph and see how it took off around 2009. You might have to change it to "All" on the chart.
That's the charting I use, too.
But compare the rise from 2009 with the moonshot that starts around 2016. All I am saying is that it did well before 2016, but since then is when it really took off, and to a much greater extent.
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Rather remarkable and rare 13 straight up days for the Dow. 52-week high for that one.
cyclicals have been doing very well as even the Fed now agrees no recession will be had this year, barring a major event.
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agip wrote:
Rather remarkable and rare 13 straight up days for the Dow. 52-week high for that one.
cyclicals have been doing very well as even the Fed now agrees no recession will be had this year, barring a major event.
The market always does wonderfully after a terrible year. Already doing great but I can see the S & P up another 10% to around $5000. Grantham is predicting sub-2000. Would love to make a bit with Igy who will be closer year-end.
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agip wrote:
Rather remarkable and rare 13 straight up days for the Dow. 52-week high for that one.
cyclicals have been doing very well as even the Fed now agrees no recession will be had this year, barring a major event.
Okay, so just read that the Dow notches Longest Winning Streak Since 1987. Nice to see the market broadening from more than just the techs., like the first half of the year, to industrials lately. Boeing surged today as well on news about new orders. Overall, this year is not turning out to be nearly as dire as earlier forecast.
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Here's a classic, from July 2022. 315,000 followers.
Not sure if that median house price number is correct tho.
If you bought when this tweet came out you made good money:
US Stocks +18%
Global 60/40 +9%
The Kobeissi Letter
@KobeissiLetter
Current situation:
1. Median home price down 9.5% last month
2. U.S. credit card debt near $1 trillion
3. Interest rates rising at fastest pace in history
4. 60% of Americans unable to keep up with inflation
5. Mortgage demand at 22-year low
The bubble is finally bursting.10 -
today we got 2Q GDP revised up to a perfect-for-stocks +2.4%
PCE inflation came in lower than expected
wholesale inventories shrank unexpectedly - Rebuilding that means new orders!
Picture-perfect for stocks and bonds. Look out above.
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52 week high for SP500
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