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So since going public on Dec. 12, 1980, Apple has returned over 200,000% an incredible performance.
But hindsight doesnt matter if youre considering buying Apple stock for the first time.
Here are some options.
Also seeexpert predictions for where Apple stock could go in 2025.
Most credit cards now charge 20%, 25% or even more in interest annually.
Snagging the guaranteed return of paying down your debt can be a much wiser move over the long run.
Build an Emergency Fund
The cornerstone of any financial plan is a solid emergency fund.
Although most Americans know they should have one, many still dont.
If you have an emergency fund, youll have cash on hand to deal with lifes little unexpected problems.
And as soon as youre in debt, your financial problems can rapidly spin out of control.
Most financial experts, includingFidelity, recommend that investors diversify their holdings across various asset classes and types.
This can help minimize your risk while maintaining your potential reward.
Thats not very prudent risk management.
In spite of its long-term track record, Apple may not be that single stock you should choose.
Primarily due to its price-to-earnings (P/E) ratio, many analysts feel the stock is currently overvalued.
But Morningstars analysts are far from alone when it comes to some level of pessimism regarding Apple.
Most anyone who has invested in Apple for any significant amount of time has likely made good money.
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