I guess having almost 50% of the portfolio in Apple $AAPL (like W. Buffett) actually makes sense. If we have a chance to follow the company, let's see how far it's come in the last 10, 15 years. It's a very complex and diverse company, and their "new" savings account?
But why am I writing about it....Apple's high-yield savings account offered by its partner Goldman Sachs has reached over $10 billion in client deposits. Meanwhile, the deposit account was launched JUST IN APRIL.
It definitely makes sense to me to have 50% of the portfolio in $AAPL as it's a great company. While $AAPL doesn't make up 50% of my portfolio, it still makes up the largest position.
I'm rooting for him and he definitely knows what he's doing, I didn't go DP. It seems too risky to me.
Well, now the million-dollar question. Which company will be the "next Apple"? 😏
So much interest in Apple's saver? Wow, Apple is expanding nicely into multiple areas.
Apple has really grown beautifully into a colossus that probably won't fold. Plus, they're constantly expanding and innovating their business, it's a unique business model, and I hold it in my portfolio as well. But if I were to put up to 50% of my money on one card, it would probably be some conglomerate.
It could be Apple, it could be Berkshire, it could be Microsoft, it doesn't matter. For me, it's just risky to put that much of my portfolio and resources on one company. But I respect Buffett, and I don't question his bet on Apple.
Feel free to email me if you would or have 40-50% invested in a company's stock. And if so, what company is it.