I will NOT look at the AAPL ticker... I will NOT look at the AAPL ticker...

[Ombligo]

Paul F. wrote:
Does have me wondering what I should do with it though... it's becoming the 800lb Gorilla in my portfolio!

So if it crashes and burns overnight your out everything. Tell you what just sign a few hundred pounds of that gorilla over to me and I'll do the worrying for you.

I care for my fellow MRF'ers, so the offer goes to out to everyone who has concerns.

[freeradical]

Paul F. wrote:
But now that it's past 35% of my portfolio...

That's pretty scary to me, but then I'm the guy who invests in Vanguard index mutual funds.

[IronMac]

Paul F. wrote:
So did I...
But now that it's past 35% of my portfolio, I'm second-guessing myself!

Probably wisest to leave it be, but it's starting to make me wonder.

35%? AAPL now consists of about 80% of mine. I'm just going to leave it. I've tried diversification in the past and it was disastrous.

[(vikm)]

First off, I'm completely ignorant to the market. That said, I was lucky enough to buy into AAPL years ago when it was down and looking upward. I'm not seeing why anyone has the concerns they are. The company has never been in a better position than it is now. Constantly exceeding expectations. Constantly turning out product after amazing product.

Surely they will plateau but it may be years. Jobs is so driven and has built such a foundation that I just don't see it happening anytime soon. Even if Steve disappears tomorrow and the stock value halves, it's still better off than most companies long term, I think.

Call me greedy but I'll only sell AAPL out of necessity at this point. The iPad is only gonna boost it further based on the overwhelming majority of reports. Pending overseas sales of the iPhone, iPad and the new iPhone are reasons to believe!!

Again, I'm lucky and know nothing of the market. Just my ramblings :-)

[AlphaDog]

Paul F. wrote:
Well, yeah...
I'm trying. But you need cash for that.
I keep putting what I can into the market.. everything is on sale!

Do you qualify for the tax break for people in the lower income brackets? You do complain about being a poorly paid school employee, but that's a popular pastime, so you may not be that underpaid.

http://www.investopedia.com/articles/pf/...lgains.asp

[Numo]

Just curious - if you are overweight in a stock like APPL that has done so well recently, why not keep it? The worst that could probably happen is that it would tank to a level that would still earn you a pretty darn good profit compared to what you bought it for. I don't think Apple is in danger of going out of business anytime soon.

[mikebw]

(vikm) wrote:
Even if Steve disappears tomorrow and the stock value halves, it's still better off than most companies long term, I think.

That is also my worst fear, but just like you say- even if it drops to 50% it's still not that bad.

[Racer X]

for me, I'm up 2300% or so. It will have to drop a ways to be just a normal performer.