Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Messages - DRobinson

Pages: 1 ... 5 6 [7]
« on: April 21, 2010, 08:32:49 am »
Friedman is right. President Obama needs to use the momentum gained from the health care vote, to focus like a laser on jobs & the economy. If he does that, the Dems can hold seats in the mid-term elections, giving the President the time and space to get his larger agenda passed, after the election.

If Obama spends his newly earned political capital on anything but the economy, the result will be lost congressional seats.

Finance / If I could only own one stock...
« on: April 21, 2010, 08:06:01 am »
I’m regularly asked several versions of essentially the same question; “If I could own only one stock, what stock should I own?”

The short answer is, Apple Inc (stock symbol: AAPL), but not yet.

Yesterday, Apple posted the results of another amazing quarter, in a long string of incredible quarters. iphone sales were up 131% year over year. ipod sales are holding their own, up 12%. And earnings per share were up an astounding 86%

Apple’s quarterly report was filled encouraging stats and news, including optimistic ipad sales info. It is noteworthy that the ipad rolled out too late to be included in the quarterly results just released, so the good news expected from the ipad won’t be reflected until the next quarter results are released.

In my opinion, the most telling stat in the Apple quarterly results was that Mac computer sales were up 27%. To me, this indicates that it’s Apple’s world – we just live in it! Apple has created an integrated network of devices that all connect back to, and around, the Mac. Apple might be the best run company in America.

That’s a much abbreviated reason why Apple belongs in every portfolio. However, don’t rush out to buy AAPL today. Yesterday, when Apple released their quarterly earnings the stock price shot up as high as $265/share in after-hours trading. This morning it is trading under $260/share. I think it will pull back further and can be bought around $230/share, rewarding those who are patient.

I’m not advocating that anyone buy just one stock blindly. But if I had to own just one stock, hands down, it would be Apple (AAPL).

Dale Robinson
Beverly Highland Capital

Finance / Re: Investing advice for beginners?
« on: April 16, 2010, 08:44:44 am »

I appreciate your anxiety about starting to invest or even just figuring out where to start learning how to invest.

Like most things worth doing, taking charge of your financial future can be intimidating, but at the end of the day, it is absolutely worth doing.

There is more “information” out there than ever before and that body of information gets accelerated exponentially by the internet. A great deal of that streaming information is just noise, so it is critical that you narrow your focus to a manageable number of quality sources.

Along those lines, I recommend that anyone interested in taking charge of their financial life, start with reading Investors Business Daily (IBD). IBD is a manageable size, daily financial newspaper that even Joe Friday could love because it gives “just the facts mamm”. If you go to the IBD website, they have an offer for two weeks free delivery of the newspaper; take advantage of it.

Start there and feel free to shoot me any questions you have.

Hope that helps & good luck.

Pages: 1 ... 5 6 [7]