Apple is the first publicly traded U.S company with a valuation of $1 trillion. It is an issue of prestige for the people to buy a few shares of Apple. Since Apple is such a household name, it is understandable that you feel more confident and reassured in buying the stocks of a familiar name. Apple investors have always been rewarded with dividends and high stock returns. Apple has remained way more profitable than its competitors. It has been estimated that at least any one of its numerous gadgets are used by two-thirds of the American population.
From being a manufacturer of the consumer electronic products and services to developing innovative PCs, tablets, and smartphones, Apple has gained superiority in more or less every area they have explored. Their innovation has taken them to a significant height. To sell, buy, or trade the Apple shares you will need to understand all the details of the business and the factors that impact its share prices. Your financial situation will ensure whether Apple or stocks of any other company observes space in your portfolio. Apple shares are identified and listed on the US Tech 100 (.NDX) under the AAPL ticker.
Today as an investor your biggest worry might be how the pandemic of coronavirus will affect the global supply and shipments. You should know that Apple is much more than just a tech hardware company. It has become one of the leading services business in recent years. Therefore the damage factor has become less lethal for Apple and its investors.
Despite the coronavirus pandemic, the wearable business of Apple is still generating effective revenues. The revenue of the wearable’s increased by 44% in a single fiscal quarter.
- Deciding the amount to invest in Apple stock- It is vital to note that knowing a company as a customer is not at all similar to knowing a company as an investor. Moreover, it is always a wise decision to calculate the money that you will need for the next five to six years and invest according to it. The stock market is most of the time considered as a long term investment although there are alternatives for short time savings as well.
- Find a suitable broker who works online- The primary step which will get you started is the availability of an online broker. A good online broker has access to a number of exchanges. When you find that a particular broker is discouraging you from buying Apple shares then you need to understand that he has no access to the NASDAQ. You will come across a number of brokers but remember not all of them will allow you to open an account with them. There are some who are extremely costly while some also offer their services for free. Therefore you must consider factors like trading platform, broker’s fees, find accessible markets for trading, safety as well as the simplicity of opening an account.
- Opening a brokerage amount- An investing account is the most necessary thing that is required for you to buy an Apple or any other stock. A brokerage account can be opened as quickly as 15 minutes. The process is very similar to signing up for a savings or checking account. It is very easy to find a broker that sells the stocks of Apple. The thing that is necessary, is to consider the extent of traditional investments that are offered by the broker.
- Buy Apple shares- The penultimate process, when you are done with the initials it is time for you to buy the Apple shares. Just log into your online brokerage account and search for the Apple shares. Once it has appeared just insert the number of shares that you wish to buy and then click the buy button.
Being a regular investor has its sides of benefits. Regularly investing in the stock market makes you smart and makes sure you don’t invest all your money into the stock market when the prices are high.