I bought 20,000 shares of Apple in 1997 right after Gil Amelio was ousted and Steve Jobs took over again, when the share price was less than a dollar, and I haven't touched a penny of it. The shares are just sitting there in my brokerage account. At this point, should I sell everything, pay the capital gains tax in full, and retire comfortably for the remainder of my life? Age 54, annual income of ~$100,000. I don't live extravagantly don't care about leaving an inheritance or earning "big bucks", and just want to retire comfortably. Convince me not to do it, Zig Forums.
I bought 20,000 shares of Apple in 1997 right after Gil Amelio was ousted and Steve Jobs took over again...
Yawn
Sell now apple has peaked years ago and your 54 it’s time to enjoy life
fucking yes dude
Go enjoy life to the max
Very envious of you
What's it like being 54?
sell and then go all in on VanCoin. become a VanCoin tycoon
So currently we are hitting hyper inflation. And usually assets prices go thru roof. Get comfy sell half keep half. Buy land in middle of no where and prepare for hell cuz it’s coming don’t be greedy be happy you can afford to survive
apple has peaked, microsoft has peaked, these companies aren't going down in value but they won't get any higher, i'd say sell 15k but it's up to you
proof or larp. i have helped people like you but im not going to waste energy on a larper.
If you pull a muscle or start having joint pain, it probably won't go away. You just start to accumulate things that are wrong with you. On the plus side, it's a lot easier to score meds from your doctor.
That would be worth what, like 500 million?
proof and i will give you some useful advice
sell everything and put it into Chainlink not even joking or kidding deutsche telekom google swift oracle they are all into it.This is next shit that will 150x guaranteed in the next 2-3 years good luck
I am not sure how I could prove anything to you without jeopardizing myself. Besides, if worse comes to worse, I can still just sell everything and become a literal millionaire. My primary concern is that I should keep some portion of the total amount in play as an insurance policy. Who knows what might happen to the value of the dollar in the next few years.
No, more like 20 million before taxes.
Sell it all and buy silver bullion, a safe to store it in, and a few guns to protect it. Thank me later
>So currently we are hitting hyper inflation. And usually assets prices go thru roof. Get comfy sell half keep half. Buy land in middle of no where and prepare for hell cuz it’s coming don’t be greedy be happy you can afford to survive
Yeah, I wouldn't be so quick to sell assets and go into the USD. If anything, sell a modest salary's worth, $60K, give Uncle Sam his cut, and continue living modestly. Keep your wealth tied to those stocks and only convert them to USD when you need to.
There's no way Apple's price won't continue to go up. We don't know their plan and the 4th industrial revolution is upon us. They have to have something brewing using 5G and blockchain technology.
LARPers on this board are so fucking pathetic. They should go join the fags on TIFU and relationship advice if they want to write their shitty stories.
What have you been doing with the dividends, fren? That should be an income of sbout 60 grand/year right there. Sll of it should be qualified dividends, so tax free if you're married.
That has been the entirety of my income for the past five years. My wife works as a bookkeeper for a local professional firm. Together we earn about $100,000.
Leave something for your kids if you have them. Otherwise, why not cash out and work on that bucket list? I'm 44 and if I had 60 grand a year coming in from investments, I would consider myself retired already.
I have one grown son, but I don't believe in the idea of leaving an inheritance. He can have anything he wants with sentimental value, of course, but he'll be fine to earn his own living.
Write covered calls on half of your shares. 7/31 AAPL392.5c is going for $960 per contract. You could make hundreds of thousands per month.
I thought this thread was a larp but you really are a boomer.
Bait
Blue pulled. Generational wealth is a powerful thing. Leave him money in a trust with strict rules if you must torture him. Dont you want golden statues of yourself in the future as your heirs increase the wealth you created?
That just sounds so American.
>There's no way Apple's price won't continue to go up.
This is how you know we are in a bubble. When retards say shit like this, straight faced. yeah, stonks will just go up forever bro. new paradigm n sheet.
Retard these shares aren't crypto currency. No one is hacking your broker and sending your shares to them self.
>Still wagecucking mediocre jobs while holding like $20 million in Apple stock
I don't believe you
The dividends alone are enough to support us, and she is still working, but I wasn't about to retire at age 40 or whatever when the share price kept going up, up, and away... Now I'm older and it's time to start thinking about what the rest of my life is going to look like.
If I were you I would take out the majority 60~80% and just enjoy life and leave the remainder for later (maybe take it out in 20~30 years)
Yea just make sure to sell all your apple gains and donate it to (((charities))), somebody's gotta pay those admin salaries