/biz/ - Business & Finance

>>55765742
Yes but this is if you already have wealth and want to grow it with low risk
/biz is looking for 100x memcoin flips because they're either NEETs in the first world or jeets in the third world that at most have a few hundred dollars to "invest"

>>55765742
i bought aapl calls a week ago

If you got a 5 million dollar windfall, would you put it into AAPL or VOO?

>>55765742
i like their tech but their workers are honestly such insufferable assholes when you come in to get their broken overpriced trash fixed, that I’ve decided I’m not getting a new MacBook after all and I’ll just stick with Dell. as for their stock, with my personal experience aside, with Steve Jobs gone this company might go the directions of Microsoft, eventually.

>>55766978
What is it with people and VOO? How is VOO different than SPY, or any of dozens of other instruments that track the S&P? Genuine question, not being a cunt.

>>55765742
>taking financial advice from redditors

>>55766987
>with Steve Jobs gone this company might go the directions of Microsoft, eventually.

So... one of the most profitable and stable companies in the world?

>>55767005
You're the one taking financial advice from redditors.

>>55767107
this was on r/stocks

>>55767216
You can find anyone saying anything on reddit

>>55765742
The fact that people believe this shows how overvalued it is. Though it's nowhere near the most overvalued asset on the market.

>>55767234
only bullish comments like the one I posted are getting a significant amount of upvotes

the sentiment there is overwhelmingly that apple is bullish and will be for the foreseeable future

>>55766999
>What is it with people and VOO?
It's a very safe ETF that tracks the S&P 500 and is Buffett's investment of choice. It's a healthy mix of the top companies so you will get growth without the volatility of something like QQQ. It also has a low expense ratio.
>How is VOO different than SPY
SPY has a much higher expense ratio and is used for trading. You buy and hold VOO.
>or any of dozens of other instruments that track the S&P?
Not much. VOO just somehow became the most popular. SPLG is from the same company as SPY so that's another good option. Schwab doesn't have an ETF S&P tracker, they only have them in mutual funds so they are not as tax efficient.

>>55767107
>So... one of the most profitable and stable companies in the world?
a lolcow that only makes money thanks to government contracts

>>55765742
I'm just going to buy some as well as QQQ and GOOG with every paycheck. It will probably go down next month, but more reason to buy. AAPL isn't going anywhere and they are working on AI bullshit like everyone else.

>>55767538
>AAPL isn't going anywhere
99% of companies aren't going anywhere. But if the companies can't produce growth, their price will stagnate. AAPL had a huge drop recently because of mediocre earnings, a decrease in iPhone sales and the outlook for future sales figures doesn't look much better.

>>55766978
>If you got a 5 million dollar windfall
I'd put half into VOO and the other half into SCHD and use the divvies as a salary.

>>55766965
I bought AAPL puts and I’m up $34,000

>>55767549
>AAPL had a huge drop recently because of mediocre earnings, a decrease in iPhone sales and the outlook for future sales figures doesn't look much better.
Well, considering the economic outlook isn't great in general, it's not surprising consoomers aren't lining up to upgrade their iphone. But brand loyalty is usually life long and if things start looking better then people will keep buying their products.

>>55767573
>But brand loyalty is usually life long and if things start looking better then people will keep buying their products.
You don't understand how the stock market works. If Apple isn't making more sales/money from the previous quarter, the price won't go up. Having the same slavish following (even if it's huge) won't impress investors.

>>55767235
It's undervalued.

>>55767285
That's objectively true though.

>>55767497
It has nothing to do with government contracts. People demand Apple products, the government isn't a big source of apple revneue.

>>55767585
You have no understanding of stocks.

They don't need to grow, they could even shrink but as long as their net income is positive, they are going to generate wealth for shareholders.

>>55767585
>Having the same slavish following (even if it's huge) won't impress investors.
The last 2 decades prove otherwise.

>>55767606
>They don't need to grow, they could even shrink but as long as their net income is positive, they are going to generate wealth for shareholders.
Wrong you dumb faggot. If Apple earns $2 billion a quarter, then $1.9 billion the next quarter, then $1.8 billion a quarter after that the stock will fucking plummet.

>>55767613
>The last 2 decades prove otherwise.
You're so fucking retarded. The last 2 decades have a been an Apple tech boom paradise but it's reaching a point where iPhone sales, iPad sales, Apple Watch sales, and Airpod sales are reaching full saturation. The days of "we sold this many more iPhones than last year" are at an end.
Both of you faggots should jump in a giant blender

>>55765742
True, at least more than anything else. It can't really last forever though right? No signs of it stopping anytime soon. of course

>>55767768
>Wrong you dumb faggot. If Apple earns $2 billion a quarter, then $1.9 billion the next quarter, then $1.8 billion a quarter after that the stock will fucking plummet.

Confirmed for being a retard who doesn't understand basic finance.

If I run a business, and every year it makes 0.0001% less than the year before, after 100 years, will i be richer or poorer???

I'll be richer idiot, because although my profit is declining, I still have 100 years of MAKING MONEY, so you can still get rich off declining profit.

You're dumb as fuck. In my ideal world, people like you would be prohibited from speaking, you don't understand anything and you're spewing garbage to idiots.

>Investing in an ephemeral tech stock

Remember NOK? Imagine actually risking it on Apple after it's already gone up 100,000% since the 90s.

>>55767921
>If I run a business, and every year it makes 0.0001% less than the year before, after 100 years, will i be richer or poorer???
THIS IS IRRELEVANT. Investors don't want to invest in a company that doesn't GROW. Literally fucking kys

>>55767985
>Investors don't want to invest in a company that doesn't GROW

It's irrelevant what "investors want", what matters is WILL THE OWNER OF THE BUSINESS MAKE MONEY

You're incredibly stupid, why we don't neuter people like you is beyond me.

>>55767937
>Apple is NOK

>>55768002
>It's irrelevant what "investors want", what matters is WILL THE OWNER OF THE BUSINESS MAKE MONEY
Apple is a PUBLIC COMPANY you fucking faggot. Their is no "owner" there are just shareholders. And the shareholders want the company to GROW. Apple recently had a bad earnings report + outlook and the stock dropped 15 points. Why? Because people got out because they think it will drop more now that the company isn't growing like it did before.
You are literally comparing a mom and pop business to a fucking publicly traded company and you don't understand the fucking difference.

>>55768002
you’re fucking retarded

Netflix makes money but it still dumped 50% when its subscriber count dropped by less than 1%

>>55768011
>Apple is a PUBLIC COMPANY you fucking faggot. Their is no "owner" there are just shareholders. And the shareholder

Not reading the rest, you are beyond retarded.

>>55768038
Holy fuck you're incredibly fucking stupid. You don't understand that a stock is literally a piece of a business.

>>55765742
very true, better off putting your money in Apple shares than in a long term savings account at the bank with 7% inflation annually

>>55768048
>Not reading the rest, you are beyond retarded.
Ok, who owns Apple then you fucking retard? You are literally the dumbest faggot on /biz/ and this is board that shills NFT shitcoins all day.

>>55768056
Shareholders own it. I don't give a fuck what the other investors want, I care if APPLE WILL MAKE ME MONEY

>>55768076
>Shareholders own it. I don't give a fuck what the other investors want,
SHAREHOLDERS ARE INVESTORS YOU FUCKING FAGGOT.
> I care if APPLE WILL MAKE ME MONEY
That only happens if the company GROWS! Them making merely making a profit every quarter will not increase the share price (and thus your money). It will only increase if they make MORE MONEY than the previous quarter.
Again, Apple stock dropped 15 points recently because of a bad earning call and mediocre outlook for the rest of the year. Did they make a profit? YES, but investors/shareholders want them to make more than previously or they will sell off and move to another company (which is literally what happened).
FUCKING KYS

>>55768091
>SHAREHOLDERS ARE INVESTORS YOU FUCKING FAGGOT.

THATS THE POINT YOU DUMMY

>That only happens if the company GROWS!

You're so incredibly stupid, a literal TROGOLYTE

If i own a business, and the business makes the same profit everyyear, say $1,000,000 a year.... and I own that business for 100 years. Will I MAKE money, or lose it?

If you can't answer it you shouldn't ever touch a stock. You're pants on head retarded.

>>55768101
>THATS THE POINT YOU DUMMY
You just said they weren't the same you fucking tard.
>If i own a business, and the business makes the same profit everyyear, say $1,000,000 a year.... and I own that business for 100 years. Will I MAKE money, or lose it?
AGAIN.
Apple is a PUBLIC COMPANY. Not your mom and pop shop that wants to make a profit every year. PUBLIC COMPANIES need constant growth to keep their shareholders happy or the stock price will drop (as I gave a recent example of).
What are you not fucking understanding?

>>55768112
https://www.cnbc.com/2014/10/03/warren-buffett-on-investing-look-at-stocks-like-youd-look-at-a-business.html

This isn't a secret, if you still don't know who Warren Buffet is you're beyond retarded.

You are why I don't think you should be allowed to invest without proper education.

>>55768122
You are a fucking RETARD.
Buffett invests in boring boomer dividend stocks like Coca Cola and Verizon. These companies have pretty much no growth, make the same healthy profit every year, and the stock price barely ever changes (they keep their boomer investors around with big dividends that they can get every quarter).
Please explain to me why Apple stock recently dropped 15 POINTS after the earnings call?

https://fortune.com/2023/08/04/apple-below-3-trillion-market-cap-earnings-declining-sales/
"Apple loses an astonishing $160 billion in market value in one day as analysts say the company is stuck in a ‘slowdown phase’"

>>55768138
Buffet has Apple making up 40% of his portfolio you fucking RETARD

>>55767558
Show that proof mister one post by this ID

>>55768143
And the other 60% are dividend stocks. You think Buffett is happy about the $160 billion of market value Apple lost due to ONE BAD EARNINGS CALL?
You are literally a fucking tardo who thinks Apple is the same as a corner sandwich shop and their only goes is to "make some profit". Holy fuck

>>55768163
Buffet doesn't care about the price of his investments, he sees them as businesses, he doesn't give a flying fuck if some idiot investors sold early.

think about all the normies buying the new iphone model every year. yea im thinking this stock is goated

>>55767921
Yeah, you're retarded. Apple isn't priced where its at because of its dividend and there's a certain amount of growth still expected. If the future outlook looks like they can't grow anymore investors will jump ship and the stock will fall

>>55768171
>Buffet doesn't care about the price of his investments, he sees them as businesses, he doesn't give a flying fuck if some idiot investors sold early.
Yeah, because he is already a fucking billionaire. If he was just some guy with $50k to invest he would NOT be thinking that way.
I assume you are an AAPL shareholder? Do you care that the stock dropped 15 points recently because of the sell off? I bet you do. Buffett doesn't because he's already super rich.

>>55768173
>think about all the normies buying the new iphone model every year.
It's amazing how stupid /biz/ is. Smartphones sales have been dropping and that includes iPhones. Most people don't have the money to buy a new phone every year, most are locked into 2 or 3 year monthly installment plans, and the features/speed of new phones aren't as impressive as they once were.

>>55768186
>Yeah, because he is already a fucking billionaire. If he was just some guy with $50k to invest he would NOT be thinking that way.

If you have 50k sitting around to invest you already are set and don't need to worry about it. The only time you need to worry about price fluctuations are when you're paycheck to paycheck.

>>55767921
You’re actually a naive retard. This only works if you assume stocks are priced ONLY on returns which they,renot at all.

>Trillion dollar market cap
>never produced a single product worth buying
Yeah, fuck that you're a retard if you buy this

>>55768194
>. Most people don't have the money to buy a new phone every year, most are locked into 2 or 3 year monthly installment plans, and the features/speed of new phones aren't as impressive as they once were.

I can't imagine being this stupid.

>>55768200
>If you have 50k sitting around to invest you already are set and don't need to worry about it.
Are you fucking retarded?
>The only time you need to worry about price fluctuations are when you're paycheck to paycheck.
What? Whether you're paycheck to paycheck or not a bad investment return is a bad investment return. AAPL is literally going through a major slowdown, earnings are down, and the stock price has dropped rapidly. Lots of people have sold and jumped ship. What don't you understand?

>>55768202
You're incredibly stupid.

>>55768203
Shit bait.

No one is this stupid.

>>55768173
Normies are always a decade behind the curve. And the stuff they buy is completely retarded. The bottom could fall out on this rugpull any second now in my opinion. Companies like Apple and Sony have rode on a wave of unwarranted success for a while now, people are going to start realizing it simply due to the increasing speed of information. DESU the only company I see that's actually killing it right now is Nintendo, and their stock has never broken out unlike Apple's trillion dollar mcap stock. Nintendo literally makes 100x better products than Apple, and even Apple's iphone touch screen design owes everything to Nintendo innovating in that department first with the DS.

>>55768205
iPhone sales are DOWN. I am correct you fucking retard. The earning call and outlook say as much.
You are providing no evidence, just a very rudimentary understanding of the stock market
>"herr derr make money and stock go up!" - you

>>55768210
The stock price doesn't matter, what matters is intrinsic valuation. How dumb are you? You're not an investor you're a gambler.

>>55768217
You don't understand the stock market, i don''t care what iphone sales are, it's irrelevant.

You don't understand finance.

>>55768222
>The stock price doesn't matter
Literally what? WHAT? CEOs have 1 major job, to keep the stock price up. It's called the STOCK MARKET you fucking faggot.
> what matters is intrinsic valuation.
The market cap for Apple recently dropped $160 BILLION in a fucking day.

>>55768228
>i don''t care what iphone sales are, it's irrelevant.
WHAAAAA? This literally happened recently:
>earnings down
>projected iPhones sales look to be lower than in previous quarters
>stock drops
>market value drops
Please explain what I don't understand.

>>55768237
I haven't sold so I haven't lost, fact is in the long run apple will continue to make profit so the long term trajectory won't be harmed. But lets hypothetically say... for the purpose of argument, Apple's shares crashed to 10% of what they are now.

Here's what would happen

>Apple's share buyback program would begin buying up shares for dirt cheap and destroying them
>These shares would effectively be redistributed to me, the shareholder
>I would be given these shares for 1/10th the price of normal.
>Apple's EPS (earnings per share) would grow rapidly, as the number of shares in existence are rapidly deminishing
>This would continue until Apple's share price went back up to reflect it's TRUE value, which would be EVEN HIGHER than it ever was thanks to the marginal scarcity of the shares.

A real investor actually wants his shares to go down, so he can buy more up for a cheaper price.

>>55765742
But it's being suppressed just like BTC now and LINK before it by banks to appease ETFags. It will make money, but achingly slowly like a slowed plaboy carti anime thumbnail playlist on youtube. Fuck BlackRock for taking most of the profits while handing us the crumbs

>>55768262
>I haven't sold so I haven't lost,
But the VALUE has been lost you fucking tard. You don't invest in a company that will drop in value. I might recover, but it might not. Apple flat out said their outlook isn't as strong as previous quarters. WHY do you think the stock price dropped? Because shareholders said "why keep my money in AAPL which might take years to right the ship, when I can put in another company and make money right now?"
You are literally just an Apple fanboy that will hold on your shares like those GME faggots did.
>A real investor actually wants his shares to go down, so he can buy more up for a cheaper price.
Literally. Fucking. KYS.

apple's sales of hardware did indeed experience a decline in revenue. what is seemingly lost of a lot of folks is that their services business grew over 8% to $21.1 billion in sales, showing almost 6% growth from the previous quarter. anyone who has done any level of fa on tech companies knows that services/software have profit margins that brutally mog the margins in the hardware game. gross margin for apple's services in the june quarter was 70.5% literally double the 35.4% margin for hardware. you guys know why zuckerjew bet the farm on the metaverse? because he and everyone else who makes software gets absolutely fucked by apple taking cuts from their apps. wanna put your app on the iphone? great, that'll be 30% of your mobile revenues, thanks! apple expects and knows that their hardware sales are going to slow down, they'll work to generate more revenue through services and extorting other companies who have their apps on the apple store. they'll weather the macro headwinds, hardware sales will go back up, and i'd imagine they will have taken a little dent, but they have enough cash to run forever.

>>55768274
You're incredibly dumb.

If I buy a rental property for $1,000,000 and it generates me $100,000 in revenue every year.... do I give a flying fuck if that property drops to say $950,000???

NO I DON'T, I wasn't going to sell the thing anyway, all I care about is the $100,000 a year coming in.

You're really really dumb.

>>55768287
>If I buy a rental property for $1,000,000 and it generates me $100,000 in revenue every year.... do I give a flying fuck if that property drops to say $950,000???
You NO. Apple? A publicly traded company? YES. YES. YES! I've told you this 1,000 times. A publicly traded company wants/has to make more profit than the PREVIOUS QUARTER. What don't you understand? The made a PROFIT in the last quarter, but it didn't meet expectations and the stock dropped!
>You're really really dumb.
You: "A real investor actually wants his shares to go down"

>>55765742
That ring is such a bad design. Imagine having to go outside or go all the way around just to get to the other side of the ring.

>>55768304
>apple has announced a 6 month delay in the opening of their new headquarters. the issues arose towards the final stages of construction, when they realized that nobody knew how to install windows.

>>55768293
>"Benjamin Graham advised that intelligent investors should welcome stock price declines, as it provides an opportunity to buy stocks at a lower price when they are undervalued. He emphasized the importance of a margin of safety, where an investor buys a stock at a significant discount to its intrinsic value. This philosophy encourages investors to approach market fluctuations with a long-term perspective, focusing on the underlying value of the companies they invest in."

RETARD ALERT RETARD ALERT

>>55768304
>Imagine having to go outside
/biz/ worst nightmare top kek

>>55768316
>"Benjamin Graham advised that intelligent investors should welcome stock price declines,
You are so fucking retarded.
DCAing is what you do when the price drops. It's a way of minimizing losses and getting your price per share down. It's making lemons out of lemonade. But NO FUCKING INVESTOR ON EARTH says "I just bought 5,000 shares of this stock yesterday and boy I hope the prices drops tomorrow!"
Literally kys, retard.

>>55768328
But that's how it works
>If you liked it at 10 you'll love it at 5
>How much lower can it go?

>>55768338
>>How much lower can it go?
It could also stay at 5. Want to invest in IBM? Me neither.

>>55768328
The company is repurchasing its own shares, so when the company drops, as long as they have a share-repurchase program, it's like you're DCAing into it with reinvested dividends, only the company is doing the reinvesting for you.

>>55768381
>The company is repurchasing its own shares, so when the company drops, as long as they have a share-repurchase program,
This will up the share price, correct? But I thought to you the share price didn't matter? lol. And it's not the sign of a healthy company if they have to buyback their own shares to keep the stock price inflated. I proves that profits are down, the stock price is down, shareholders are selling, and they have to keep the price afloat if they want to keep the remaining shareholders from dumping the stock. Most companies don't have the cash reserves of Apple to do this, but even Apple can't do it forever.
Literally kys you fucking retard.

>>55768395
You're too dumb to continue this.

The share price may go up but even if it doesn't, it doesn't matter.

>>55768402
>The share price may go up but even if it doesn't, it doesn't matter.
Literally kys. The recent 15 point stock drop, $160 billion in market cap loss says otherwise.
You literally see Apple the same way you see a corner butcher shop. "If they make money everything is great!"

>>55768407
https://www.youtube.com/watch?v=3g2PEMSGby0

>>55768418
Again, says the BILLIONAIRE. Even CEO wants the stock to go up. Even investor (that isn't a fucking billionaire) wants the price to go up. The President of the United States wants the stock market to go up.
You are literally a fucking retarded faggot.

>>55768425
It makes no difference if he's a billionaire moron.

>>55768433
Ok faggot.
>be Buffett
>stock drops
>"good buy more"
>stock doesn't go back up and stagnates for years
>"whatever, I'm still rich and my accountants will make this work"
To the average investor though, retard, having a stock drop, buying more, and not having the price come back is a fucking dangerous game to play.
CEOs get fired for low stock prices.
And your arguments are all over the place
>stock price doesn't matter
>who cares if it goes down, Apple will buy back stock making the price go back up
>it's good that the stocks drop
You are literally just doubling down on every single possible scenario as "good"

>>55768447
I'm a long term investor so I don't care about selling in a few years.

>>55768304
>>55768325
>Apple Park
>Park
>Literally designed to be enjoyed outside
>Anon: nooooooo you can't take a walk in the fresh air and sun!

>>55768500
>I'm a long term investor so I don't care about selling in a few years.
As a long term investor you should be concerned about the future of Apple. It can very easily go the way of IBM or Intel, a tech company that was once on top of the world only to have their growth stalled and their stock price stagnate. This is a real possibility for Apple.

>>55767589
>its undervalued
tell me how many trillions of dollars of revenue you expect them to see 10 years from now. whatever it is it'll be an order of magnitude too high.

>>55768714
Their PE is only 32. They just have to double their earnings per share, which isn't unrealistic at all, and they'd be trading at 16

>>55765742
This. If there ever existed a stock that you could literally dump your entire cash and forget about it for the long run KNOWING that it will net you a gain larger than any speculative meme horseshit it's Apple Inc.
Read Phil Fisher and how his thoughts on "diversifying". You'll thank me. Read Peter Lynch as well.

>>55765742
It's dumping hard right now. Not buying your bags pajeet.

>>55765742
My memeship android
>drops calls
>doesn't get texts
>already had to go back for warranty once
>murican so nobody uses alternatives to call and sms
>I'd estimate 10% of the calls there's an issue requiring me to hangup and call back
Should I just get an iShit and be done with it? The only thing stopping me is NewPipe but I kinda need my phone to function as a phone more than I need it to watch movies.

>>55771150
Your provider sucks

yes, until it isn't lol

>>55766987
Anon you can just say youre poor next time

>>55765742
Jeets are rolling out iphone15 in a few days. The onslaught continues.

>>55767937
Imagine thinking Nokia or any other boomer tech company had anywhere near the economic impact and importance Apple does.

>>55769626
>It's dumping hard right now. Not buying your bags pajeet.

Buying APPL atm is really really enticing in my opinion, there are a shitload of stocks which are way more promising atm, if you doubting just ask Feinstein.

i bought aapl calls today, tomorrow im dumping them on raj

just got the macbook pro m2 after being a lifetime windows guy damn im never going back. there is literally no competition between those 2. apple fags were right all along. for that reason long AAPL.

>he fell for the AAPL meme
Peak complacency in here

>>55775822
Nice games you got there bro. How many fps you get on Elden Ring?

>>55775897
haven't tested gaming yet to be honest. im just blown away by the speed and ram management. got the 12 core cpu and 19 core gpu so gaming will be smoothly. isn't elden ring capped at 60 fps though?

>>55776020

>>55776042
finished it on my ps5. pc master race can bend the knee.

>>55775322
>if you doubting just ask Feinstein.

Trading stocks on insider info from congress members, literally the holy grail of trading.

>>55776212
>the holy grail of trading.
You call copytrading the holy grail of trading? Definitely not, i would have agreed if we were in 2020 but with trading bots now a thing then that's the holy grail.

Been focused on the narrative alongside other narratives like Data monetisation which has made me keep a good eye on Ocean and Nxra.

>>55766978
i'd put all into gamestop

>>55767235
it's barely 30x price earnings. in this market that's nothing

>>55768503
that's a lot of solar panels.

>>55771150
>>murican so nobody uses alternatives to call and sms
Do brugers really?
I mean, do they still use SMS over whatever app these get transmitted on iPhones?
Or is it basically just some kind of Apple messenger that falls back to SMS if it can't communicate with the other end over data?
Over here in Europooria, people use mostly dedicated messenger apps like WhatsApp or Telegram.

>>55772426
>until it isn't lol
the last meaningful "until it isn't" moment is already 15 years in the past.

>>55765742
Will Apple be cool forever? I don't understand how this company still manages to perform so well after failing to meaningfully innovate for decades now. Their money makers are still the products Steve Jobs masterminded.

However they are very profitable because they use slave labor to make shiny gadgets to sell to idiots with more money than sense.

But how long will the market be dumb enough to fall for this?

>>55777989
>failing to meaningfully innovate for decades now.
You have no idea what you're talking about. Only ignorant retards and fudders think that the prodigious revenue of AAPL is only because of their dumb cultists.

>>55777989
> becomes the #1 watch seller (more revenue than most Microsoft divisions)
> new AR headset that blows the rest of the industry out of the water
> creates the most efficient and fast arm processors
> can now emulate directx for playing games

no! not like that