Investing in Apple for iPhone 5S?
So people are speculating that the new iPhone is going to be released in the next month. Sales are going to be in the hundreds of millions. Would it be wise to put all my money (15k) in Apple just for that? How much money do you think I can make? I'm 19 and saving from my part time job.
Dumb move! You don't invest in a company based on common knowledge. What you do is invest in Apple BEFORE they announce a new product that will revolutionize the industry like iPod of Gen 1 iPhone. The market has already corrected on iPhone 5S and analyst estimates already incorporate that info as well. Your only hope would be that the 5S is so amazing, that it bankrupts anything running Droid.
Once iPhone 5S is released /announced the stock will tank. Learn to read charts and understand what you're doing. This is a profession. Not a hobby.
Yes invest it! The people above are honestly just jealous. They told me not to buy apple but I bought it at 440 and made money
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