If a little child can do it? Part 7 Final

If a little child can do it? Part 7 Final

January 2007, Apples stock traded at $92.57, however it was not until May 2007, when Jonathan bought his first share of Apple stock, at $115.00 dollars. That’s right, only one share, and it cost him $15.00 dollars to buy that share. All the advisors, you know the guys who sound like they know what they are talking about, was tooting Apple’s horn. Jonathan and his dad, felt confident, that good things would happen. They set a limit of $200.00, no less no more, when that stock hits $200.00, Jonathan would sell his share. The waiting began.

Jonathan started checking the Apple stock everyday, then everyday turned into every week, every week turned into every other week, then every month. Eventually, Jonathan forgot all about his ownership of Apple Inc. The iphone came, and it was a big success, however the stock would not hit $200.00, in the year 2007. In December 2007, Apple stock hit $199.00, Jonathan’s father told him the great news, that they where close to his limit, only to watch Apple stock drop Febuary 2008 to $119.46. Talk about a kid full of anxiety, Jonathan was not fairing well. May 2008, Apple stock would rise to $189.00. January 2009 Apple stock would fall to $90.58, at this point, Jonathan did not even want to talk about it. The father was crushed, he had taught his son a really harsh lesson unintentionally, and his son possibly, will never see the benefits of buying companies for profit.

Months went by, Jonathan was able to build up his savings again. This time he was not going to be talked into buying anything but toys, something tangible that he could touch and play with. The father was not going to stand in his way, by this time the father had all the family money wrapped up in a real estate deal that was dead in the water, a result of the real estate bubble, it was not good times. That’s another story in itself.

January 2010, Apple would hit $201.00, Jonathan's father was elated, he could not wait to tell Jonathan the good news. When Jonathan found out he screamed sell, sell, sell, they sold at just under $201.00 for a profit of $56.00. ($115+$15.00=$130.00), ($201.00-$15.00=$186.00). The father was thinking, maybe it was not a very good lesson, but to his suprise, Jonathan said, “What if, I had bought 100 shares?” How much would that have been? That day the father and the son both had learned a valuable lesson.

The stock market can be a wild ride, as many in history can testify, but sometimes risk is necessary, to achieve the reward.

Disclaimer: I am not a licensed broker, and I do not presume to make you any promises that this strategy will work for you. The information is strictly for conversation, and if you choose to use in whole or in part any of this information. You do so at your own risk. 

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