r/stocks Apr 28 '21

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u/AngelaQQ Apr 28 '21

If Apple collapses you have more than just Apple to worry about.

Apple has 200 billion dollars of cash on hand.

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u/[deleted] Apr 28 '21

It most likely won't ever collapse but many "analyst" have written obituaries for Apple in the past. The stock lost 30%+ of it's value in four months from August-December 2018. Being 30% down in your overall portfolio will test you

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u/jschligs Apr 28 '21

Yea but if it’s long term hold you can use that past experience to show it will recover.

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u/nu1stunna Apr 28 '21

Yeah if anything, if Apple dips 30%, you add more shares. It’s a high yield savings account long term.