You can not get rich and stay above inflation by simply working for somebody, you must save and invest your money
Best of Luck
Hi,
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As you described; "Very recently, apple stocks split 7-ways meaning that everyone who owned apple stocks got 7 stocks for every one they owned and the price was also decreased by 7x. Now, the price of a stock is around $94 the cheapest its been in a while. I'm wondering if I should invest in it and asking your prediction how much apple stocks will rise if any at all in the next few years." I hope it might help you.
All the Best :)
Hey,
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Cheers.
The majority of stocks that split go up in value. Not all, however.
Stock prices are psychological. That is why companies, like Citibank an AIG, did a reverse split. (plus, they wouldn't be de-listed) Warren Buffett could care less, that is why Brk-A sells for six figures.
If Aapl is worth more in 10 years it will because they have continued to keep customers happy with their products, not because they split their stock in 2014.
(folding your money in half does not double its value)
studies have shown that after stock split occurs, there is an immediate pop.
in the case of apple, there was a very large pop, and it made it very easy for people to buy shares at a lower cost, although their per cent of the total shares was 1/7 what it was before the split.
Its not cheaper, its the same as it was before the split. Hard to predict whether stocks go up or down so I wont say my prediction :)
Very recently, apple stocks split 7-ways meaning that everyone who owned apple stocks got 7 stocks for every one they owned and the price was also decreased by 7x. Now, the price of a stock is around $94 the cheapest its been in a while.
I'm wondering if I should invest in it and asking your prediction how much apple stocks will rise if any at all in the next few years.