Ryan
Jul 21st, 2010
Jul 21st, 2010
Apple, Inc. is the Best Investment I’ve Ever Made
It’s been my largest holding for awhile–so large I stopped investing in it because I didn’t want to be overly concentrated in one stock. I love the products (for the most part) and the company has been wildly successful, especially in the last few years.
And after this quarter’s results, I can honestly say that Apple, Inc. (AAPL) is the best investment I’ve ever made.
It ought to be a given that a company that’s profitable and is best in the world at what they do is a great investment for someone who believes in their products.
And for me, it’s turned out that way.
Despite that, I’m not tempted to break my own rule about limiting myself to 5% of my total asset allocation being in a single stock. I’ll keep the Apple stock right around there.
I kick myself everyday for not holding on to my AAPL stock. I had 90 shares at $20 several years ago and that was even before the split. You do the math…..
Doh!