AAPL: I'm keeping every share

[NewtonMP2100]

.....so Cook basically said....take this Job and shove it......??

[sekker]

I should have sold my Apple shares the day Buffet bought his...

[Forrest]

Most financial experts recommend retirees continue to hold 20%-40% stocks throughout their retirement

[Carnos Jax]

Wow, really? I would think you'd want to be out of stocks during retirement because of their volatility.

[space-time]

actually there are funds (see vanguard) that automatically rebalance shifting from aggressive stocks to bonds as you age.

[N-OS X-tasy!]

Lux Interior wrote:
Where are you going to get the trillion $ to buy every share?

Nowhere near that much $$$ required to buy every share now.

[space-time]

Carnos Jax wrote:
Wow, really? I would think you'd want to be out of stocks during retirement because of their volatility.

I think he meant mutual funds. You do want to keep some stocks for growth and some bonds for safety.

[freeradical]

A diversified portfolio of stocks, such as in an index mutual fund, is critical even through retirement because it provides inflation proofing.

[Carnos Jax]

I assume an indexed mutual fund is still invested 100% in the stock market, right? If that's so, why would you be in any stocks during retirement, when you need that money? Granted, you don't need all that money now, so I suppose the money you need for the later years of your retirement could still be in stocks (and I guess that depends on how long you expect you expect to live).

[IronMac]

Actually, the idea that you need to shift out of stocks (slowly and in proportion to your age) and into bonds is being thrown out the window. If one can stomach ups and downs, it is much better to be fully invested in stocks throughout your lifetime.

I've been watching the markets for over thirty years now and have made quite a bit in them but only because I have held on. One of my best investments was AAPL as some of you know...over 1300% return over 20+ years. Adobe from $24 to a high of $250+ and still holding after about 2 decades.

Good companies, great products and services, combined with a long term hold strategy will get you through.