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Windswept
On Pacific time
 
Join Date: May 2004
Location: Moderator's Pub
 
2008-03-07, 14:35

Quote:
Originally Posted by MCQ View Post
You've been teasing about that for months, and it's off 40% from the highs. Go buy some already.
Oh, but guess what?

I *DID* buy... at...ugh... I feel sick...

Spoiler (click to toggle):
$170... The price had hit $198 or so, and then backed down (momentarily, I thought); so I jumped in and bought *a bunch* at $170. Within two weeks, irrc, the price began plummeting... down to, like, $119. Waaah... So, I've been depressed about that.

BUT... now that the price is *really* down, and staying there, I've been thinking about buying again, to sort of *off-set* my debacle purchase at $170.

Thing is, 'now' I would have to take money out of my home equity line of credit, which has an interest rate of 5.375%. Would *you* do that... to buy more shares of Apple... under these market conditions? Just checking.

(I'll still have cash on hand, but that's money I want to *keep* as 'cash on hand'.)
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