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Why has Apple stopped going up?

13

Comments

  • IvanOpinion
    IvanOpinion Posts: 22,131 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    There was a news item last week that predicted that tech stocks would fall.  I can't remember exactly what but it was down to some comments from  Biden
    I don't care about your first world problems; I have enough of my own!
  • Prism
    Prism Posts: 3,858 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    edited 4 May 2021 at 8:32PM
    Prism said:
    cloud_dog said:
    coastline said:
    Aapl is 30% of my portfolio -  even less if I include my £ assets outside the stock market.
    That is very, very bold. Some people would go so far as to call it reckless. Hopefully you’ve been in it for a while and have enjoyed the ride up.
    Haway man Geordie hes ganna be areet in the lang run.. :)
    Don't worry, I'm sure ZPZ has got another 3 or 4 companies to spread the risk that will keep growing.
    Now you mention it, cloud dog:
    https://forums.moneysavingexpert.com/discussion/6037441/zingpowzing-v-bowlhead-challenge

    But, of course, when the biggest company is hit, it will drag down the whole market. 
    Be careful what you wish for.
    A nice big crash with be a lovely thing. 
    If you don't care about the fallout:- millions thrown out of work etc.

    But, that aside, the people clasping hands for a big crash tomorrow are generally in the same attitude as last week and last year - sooner or later they're going to be right but don't dismiss the long-term opportunity cost of that strategy, even if they have to.
    A stock market crash and an economic crisis are not the same thing. The stock market can crash quite happily on its own when valuations get ahead of themselves and interest rates begin to go up.

    There is no long term cost of wanting some lower prices in the stock market unless you are sat in cash waiting for it.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 4 May 2021 at 8:41PM
    This messes with all my retirement projections but, more importantly, influences the whole investment climate, so potentially bad for everybody!
    Below $127 and no sign of a floor. 

    If one holds a diversified portfolio then can continue to sleep easy.  ;)

    Unsure why you are asking a bunch of random internet strangers the question. Was ultimately your investment decision to go overweight. 
  • Prism said:
    Prism said:
    cloud_dog said:
    coastline said:
    Aapl is 30% of my portfolio -  even less if I include my £ assets outside the stock market.
    That is very, very bold. Some people would go so far as to call it reckless. Hopefully you’ve been in it for a while and have enjoyed the ride up.
    Haway man Geordie hes ganna be areet in the lang run.. :)
    Don't worry, I'm sure ZPZ has got another 3 or 4 companies to spread the risk that will keep growing.
    Now you mention it, cloud dog:
    https://forums.moneysavingexpert.com/discussion/6037441/zingpowzing-v-bowlhead-challenge

    But, of course, when the biggest company is hit, it will drag down the whole market. 
    Be careful what you wish for.
    A nice big crash with be a lovely thing. 
    If you don't care about the fallout:- millions thrown out of work etc.

    But, that aside, the people clasping hands for a big crash tomorrow are generally in the same attitude as last week and last year - sooner or later they're going to be right but don't dismiss the long-term opportunity cost of that strategy, even if they have to.
    A stock market crash and an economic crisis are not the same thing. The stock market can crash quite happily on its own when valuations get ahead of themselves and interest rates begin to go up.
    Historically wider pain following usually, though. It doesn't happen in isolation.  Would probably impact someone you know.

    There is no long term cost of wanting some lower prices in the stock market unless you are sat in cash waiting for it.
    Does that mean money you have waiting to invest in the stock market is invested in something realising better returns already? In that case, why are you even watching the stock market? 
    A crash is not something to be wished for.
  • Prism
    Prism Posts: 3,858 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Prism said:
    Prism said:
    cloud_dog said:
    coastline said:
    Aapl is 30% of my portfolio -  even less if I include my £ assets outside the stock market.
    That is very, very bold. Some people would go so far as to call it reckless. Hopefully you’ve been in it for a while and have enjoyed the ride up.
    Haway man Geordie hes ganna be areet in the lang run.. :)
    Don't worry, I'm sure ZPZ has got another 3 or 4 companies to spread the risk that will keep growing.
    Now you mention it, cloud dog:
    https://forums.moneysavingexpert.com/discussion/6037441/zingpowzing-v-bowlhead-challenge

    But, of course, when the biggest company is hit, it will drag down the whole market. 
    Be careful what you wish for.
    A nice big crash with be a lovely thing. 
    If you don't care about the fallout:- millions thrown out of work etc.

    But, that aside, the people clasping hands for a big crash tomorrow are generally in the same attitude as last week and last year - sooner or later they're going to be right but don't dismiss the long-term opportunity cost of that strategy, even if they have to.
    A stock market crash and an economic crisis are not the same thing. The stock market can crash quite happily on its own when valuations get ahead of themselves and interest rates begin to go up.
    Historically wider pain following usually, though. It doesn't happen in isolation.  Would probably impact someone you know.

    There is no long term cost of wanting some lower prices in the stock market unless you are sat in cash waiting for it.
    Does that mean money you have waiting to invest in the stock market is invested in something realising better returns already? In that case, why are you even watching the stock market? 
    A crash is not something to be wished for.
    Yes it likely impact many people who are invested, just like it did last year for a few short months. Crashes can happen for many reasons and not all of them are because of an economic situation. 

    I don't have money waiting to invest in the stock market. I haven't earned it yet. And those that are no longer earning wouldn't be likely phased by a crash either since they would hopefully be invested in an appropriately balanced way.
  • benbay001
    benbay001 Posts: 408 Forumite
    Third Anniversary 100 Posts Photogenic Name Dropper

    A crash is not something to be wished for.
    If on net you're a net buyer of stocks, you should definitely be wishing for a market crash.
    As stated before, a market crash isnt the same as an economic crash,
    If you go into Tesco and you see everything is half the price despite being fundamentally the same apples / milk / toilet roll, are you happy or sad?
    Im A Budding Neil Woodford.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 4 May 2021 at 10:28PM
    Prism said:
    Prism said:
    cloud_dog said:
    coastline said:
    Aapl is 30% of my portfolio -  even less if I include my £ assets outside the stock market.
    That is very, very bold. Some people would go so far as to call it reckless. Hopefully you’ve been in it for a while and have enjoyed the ride up.
    Haway man Geordie hes ganna be areet in the lang run.. :)
    Don't worry, I'm sure ZPZ has got another 3 or 4 companies to spread the risk that will keep growing.
    Now you mention it, cloud dog:
    https://forums.moneysavingexpert.com/discussion/6037441/zingpowzing-v-bowlhead-challenge

    But, of course, when the biggest company is hit, it will drag down the whole market. 
    Be careful what you wish for.
    A nice big crash with be a lovely thing. 
    If you don't care about the fallout:- millions thrown out of work etc.

    But, that aside, the people clasping hands for a big crash tomorrow are generally in the same attitude as last week and last year - sooner or later they're going to be right but don't dismiss the long-term opportunity cost of that strategy, even if they have to.
    A stock market crash and an economic crisis are not the same thing. The stock market can crash quite happily on its own when valuations get ahead of themselves and interest rates begin to go up.
    Historically wider pain following usually, though. It doesn't happen in isolation.  Would probably impact someone you know.

    There is no long term cost of wanting some lower prices in the stock market unless you are sat in cash waiting for it.
    Does that mean money you have waiting to invest in the stock market is invested in something realising better returns already? In that case, why are you even watching the stock market? 
    A crash is not something to be wished for.
    A correction is not a crash. That's why many investors trip up when trading individual stocks. 
  • masonic
    masonic Posts: 29,053 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 5 May 2021 at 5:48AM
    Prism said:
    Prism said:
    cloud_dog said:
    coastline said:
    Aapl is 30% of my portfolio -  even less if I include my £ assets outside the stock market.
    That is very, very bold. Some people would go so far as to call it reckless. Hopefully you’ve been in it for a while and have enjoyed the ride up.
    Haway man Geordie hes ganna be areet in the lang run.. :)
    Don't worry, I'm sure ZPZ has got another 3 or 4 companies to spread the risk that will keep growing.
    Now you mention it, cloud dog:
    https://forums.moneysavingexpert.com/discussion/6037441/zingpowzing-v-bowlhead-challenge

    But, of course, when the biggest company is hit, it will drag down the whole market. 
    Be careful what you wish for.
    A nice big crash with be a lovely thing. 
    If you don't care about the fallout:- millions thrown out of work etc.

    But, that aside, the people clasping hands for a big crash tomorrow are generally in the same attitude as last week and last year - sooner or later they're going to be right but don't dismiss the long-term opportunity cost of that strategy, even if they have to.
    A stock market crash and an economic crisis are not the same thing. The stock market can crash quite happily on its own when valuations get ahead of themselves and interest rates begin to go up.
    Historically wider pain following usually, though. It doesn't happen in isolation.  Would probably impact someone you know.

    There is no long term cost of wanting some lower prices in the stock market unless you are sat in cash waiting for it.
    Does that mean money you have waiting to invest in the stock market is invested in something realising better returns already? In that case, why are you even watching the stock market? 
    A crash is not something to be wished for.
    Crashes and corrections are completely normal and good for anyone wishing to make further investments. All knowledgeable investors expect them to come along sooner or later. These events help deal with bubbles, and you only need to look back to 2000 to see the fallout a tech bubble caused, it is best for them to happen sooner rather than later as the longer it is, the more severe the pull-down will need to be. If a 6% drop in one of your shares is causing you this much anxiety, then perhaps it's time to re-evaluate your investment strategy of betting the farm on just a handful of momentum stocks.
    I know you think diversification is a mugs game, but this is the reason people do it.
  • TheAble
    TheAble Posts: 1,676 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    If you're in it for the long term you should hope for lower prices. Works for me 🙂
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