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Someone mentioned to me earlier that if you’d bought $100 Apple stock at the IPO it would be worth $100k now.

In that time though the share price has dropped by at least 20% on 23 occasions.

Horrendous I’d imagine on that!

This is old news though. Someone, maybe his father in law or Cummings father in law told a journalist this two or three weeks ago and he’s denied it. Who knows if there’s any truth to it.

Ah but then he didn’t say no - may as well just order that iPad now :-)

You exaggerate - 5 cents at most

I went on a stag do 20 years ago and one of the blokes I met who was about 15 years older than me told me his life history at the bar one night. He’d been in business for years, gone bankrupt a...

Perfect example of someone who knows the two key points:

1. Capacity for loss - you can actually afford to lose money as your final salary pension is your security.

2. Understanding risk -...

This ^^^

You could argue that even 5% is pushing it and around 3% is more appropriate as part of a good spread of assets. I remember well the last time gold so called boomed and everyone was...

When that bubble burst it was horrendous for many private investors. People had actually given up good jobs in the late 90’s to become day traders thinking it was easy. Putting small fortunes into...

Doesn’t seem much point in forecasting the markets - I decided a couple of months back that logic and common sense have gone out of the window. From the lows of the market, some shares seemed to...

Might be worth a read:

https://www.investcentre.co.uk/articles/surfing-silver-wave

Gold is a funny one. I went to a Merrill Lynch meeting years ago with the fund manager for their Gold and...

https://www.investcentre.co.uk/articles/surfing-silver-wave

May be worth a read for all interested in silver and it’s comparison to gold pricing.

I don’t know you or anything about you so don’t take this personally, but anyone should exercise extreme caution before listening to a random tip. I’ve heard what you’ve said hundreds, no thousands...

Back in the days that I used to frequent share forums where everyone was trying to make the big money out of AIM stocks, I learned one very valuable thing . . . . . . That by the time I (by 'I' I...

Werewolf population explosion? :tickled_pink:

Musk now worth $74 billion and 5th richest man - Tesla worry more than GM, Ford, BMW another one that escapes me combined - crazy times!

Bezos worth $189 billion and his wealth rose by $13 billion...

Like a modern day Charles Ponzi ! So many people buy into what he says.

Maybe in years to come this will be the 21st centuries tulip mania.

Don’t worry you couldn’t have bought them anyway....

America sneezes and we catch a cold is still as relevant today as it was when I first heard it 25 years ago. It’s probably a lot older than that.

Sorry for your loss.

With regard to buy to let, it’s not dead at all (tax regime gradually implemented over last 4 years has made it far less tax efficient, especially if you have a large mortgage...

Makes sense, cult seems an appropriate word. I spent too much time on share forums years ago where people would become literally obsessed with a particular share and nothing (and I mean nothing)...

You shorting Tesla then?

I wouldn’t trust Musk as far as I could throw him (I’ve a couple of dodgy rotator cuffs too).

That just wouldn’t happen, couldn’t happen even. Imagine all the fund managers moving everything into cash?

Many of the property funds have closed the door on exiting at the moment to protect the...

I’m shorting Rolex as it seems everyone is being offered one by AD’s (except me I might add).

I’m going long on hair clippers, local butchers that deliver and anything to do with the garden!

Most of what he wrote can be found from a quick google of the name (leaked info, a flop, analysts are saying no). All out there. The rest I would say could well be Ryan reading into things and coming...