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Exit ArchiveArchive for July 14th, 2006

I am going to do something I’ve never done before. I’m going to buy stock!

Okay, so I’ve been buying stock every week since being an employee here, but it’s all been automatic, out of my paycheck, and always Disney. Today, I clicked the “SELL” button, and when I get the check, it’s going into… yes, Apple stock.

Why? Am I crazy? Am I mad?

No. Apple stock has gone down lately to the target price I set for myself. But apple will be announcing cool stuff in the next several months (replacements for the G5, a movie store online, a new, better video iPod), and the price will at some point inch its way back up. Eventually. I’m not looking for a quick buck, by any means. I’m simply wanting to, er, “diversify” and “expand my holdings.” Or something.

Maybe I should set aside some of my stock money to buy myself a top hat and a monocle as befits my new status as a captain of industry.