Quote:
Originally Posted by Fat Abe
Anyone who bought AAPL at $80 and still holds those shares need not be worried about buyer's remorse for any of their consumer purchases. She should be able to afford just about all the readers (including the toy ones) on the market. You are a shrewd son, Bob.
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You might think that... but the
absolute number of shares matters too. In my case, the Apple shares that I own have an average cost basis somewhere between $7 and $8 per share! Yaaaaaaay!!!
Only problem is that the number of shares is small enough that it's not nearly so big a deal as you might otherwise think. That stock'll buy a decent number of nice dinners. Maybe even a reader (or two). But it's not the giant score it might seem. Sigh.
If only I'd had the confidence to invest a larger sum waaay back when.
Xenophon