Depends on how much faith you have in Apple
FAANG all got hit pretty bad recently and I am still holding three of them as of now...
If you don't dare to take the risks because you are uncertain that when is the bottom.
One simply way is just to wait until market starts to bounce back, you may be one step behind in this way but should still be able to get decent returns with min risks.
Another way to DCA and slowly accumulate your holdings. After all, Apple is a promising company which would definitely go up once market recovers.
Anyway, both methods requires patience and are not applicable to short term investment.
To myself and people who are anxious about the current situation: Hold on tight and storm would eventually pass!![]()
If you don't dare to take the risks because you are uncertain that when is the bottom.
One simply way is just to wait until market starts to bounce back, you may be one step behind in this way but should still be able to get decent returns with min risks.
Another way to DCA and slowly accumulate your holdings. After all, Apple is a promising company which would definitely go up once market recovers.
Anyway, both methods requires patience and are not applicable to short term investment.
To myself and people who are anxious about the current situation: Hold on tight and storm would eventually pass!
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Johnnie Worker : Respect dude
Red__Bull : The only thing FAANG stocks ever had in common is being on the NASDAQ and high growth. However different industries grow and drop differently:
Netfilx - nothing Big Tech about it. Streaming movies
Facebook - social media, revenue is ad based
Amazon - mostly a retailer, although it does have high tech w AWS (and rocket that looks like a phallus)
Google - software company (Android) plus ad revenue with various social media platforms
Apple - high tech manufacturer, with some revenue from software and content streaming.
The chickens have come home to roost. They all rose in value in tandem, but some are more sustainable than others.