I did buy Apple when it was below $100 a share. There is an Apple Store inside the mall near me. Everytime I walked into the store, it was humming with people with open wallets. It did not matter what time of year it was either.
I called my financial planner and told him that he needed to get me a position in that company and why. Unfortunately, it was a small position. But, the stock has done amazing for me and my financial advisor was pretty impressed with me too.
Another company that I noticed the same thing happening at (always busy with people buying) was Ikea but unfortunately, they are privately owned.
One thing that he suggested is investing in companies that are dealing with the power grid in this country. The power grid is aging and yet our demand for all things electrical is increasing. I do own some stock in a couple of companies like that. So far, it hasn't done much but you never know. I am not an expert in any way, shape or form so this is just an idea based on what I was told.
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Gail
Novi, Michigan
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