People love Apple products. I love Apple products and own numerous. I have an iPhone 6, 5, 4, and even the original one. I remember owning the iPod. iPhones have generally made the iPod old news. After all, people can simply stream music from their iPhone. Some people still like iPods because they are very small and good for listing to music while running or working out. If people love Apple products, people should love Apple stock too.
Apple’s stock, as of December 2017, is up 50% this year. That is a massive increase! That means if I bought Apple stock on January 1st on this year, with $10,000, I would not have $15,000. Apple is up 540% in the past 10 years. That is also a massive increase! That means, if I invested $10,000 10 years ago, I would have over $50,000 now! That is simply amazing.
Apple’s stock is near its all-time high. Actually, the entire market is at its all-time high. Congress is about to pass a tax bill which will lower the taxes of companies. This means that these companies will be able to hire more people, invest more money in their own companies, and buy back stock. When a company buys back stock, the stock price rises even higher. Therefore, even though the market is at all-time highs, it can climb much higher still. It’s a great time to get in the market, even still.
Apple is one of the greatest success stories for a publicly traded company. Apple is worth nearly $1 trillion. To most people, that number is unthinkable. That amount of money can buy entire countries! Apple will get richer. What about us? The way to get richer is to grow with Apple. Invest in Apple and, over time, witness a massive increase in monetary returns.