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He loses $48,000 in minutes on Apple shares
This young man invested in a few AAPL shares (Apple). He uses his smartphone app, probably Degiro, to check the price of his shares.
Knowing that the NASDAQ opens at 9:30 (15:30 in France), he waits for the update as soon as the market opens. Bad luck this time: his stock drops sharply. His investment falls to -$50,000 in just a few seconds...
That is the real danger of dabbling in the stock market: everything can change in an instant.
Given that Apple had, during this period, presented its AirPods Pro wireless earbuds, and that the web was talking a lot about the Apple CEO being unable to put those earbuds in his own ears, I am not surprised the shares dropped sharply. Still, nothing says the stock will not rise again.
At the time I am writing this article (Sunday, November 3, 2019), the stock has already risen again to 255.82 USD at the close of the NASDAQ on November 1 at 19:59 UTC-4.
It is strongly recommended to start with "stock market simulator" websites before jumping in, because the danger is real. There are several that let you pretend to invest for free, using real market values, to see whether your moves would have been profitable.
He loses $48,000 in minutes on Apple shares
This young man invested in a few AAPL shares (Apple). He uses his smartphone app, probably Degiro, to check the price of his shares.
Knowing that the NASDAQ opens at 9:30 (15:30 in France), he waits for the update as soon as the market opens. Bad luck this time: his stock drops sharply. His investment falls to -$50,000 in just a few seconds...
That is the real danger of dabbling in the stock market: everything can change in an instant.
Given that Apple had, during this period, presented its AirPods Pro wireless earbuds, and that the web was talking a lot about the Apple CEO being unable to put those earbuds in his own ears, I am not surprised the shares dropped sharply. Still, nothing says the stock will not rise again.
At the time I am writing this article (Sunday, November 3, 2019), the stock has already risen again to 255.82 USD at the close of the NASDAQ on November 1 at 19:59 UTC-4.
It is strongly recommended to start with "stock market simulator" websites before jumping in, because the danger is real. There are several that let you pretend to invest for free, using real market values, to see whether your moves would have been profitable.
He loses $48,000 in minutes on Apple shares
This young man invested in a few AAPL shares (Apple). He uses his smartphone app, probably Degiro, to check the price of his shares.
Knowing that the NASDAQ opens at 9:30 (15:30 in France), he waits for the update as soon as the market opens. Bad luck this time: his stock drops sharply. His investment falls to -$50,000 in just a few seconds...
That is the real danger of dabbling in the stock market: everything can change in an instant.
Given that Apple had, during this period, presented its AirPods Pro wireless earbuds, and that the web was talking a lot about the Apple CEO being unable to put those earbuds in his own ears, I am not surprised the shares dropped sharply. Still, nothing says the stock will not rise again.
At the time I am writing this article (Sunday, November 3, 2019), the stock has already risen again to 255.82 USD at the close of the NASDAQ on November 1 at 19:59 UTC-4.
It is strongly recommended to start with "stock market simulator" websites before jumping in, because the danger is real. There are several that let you pretend to invest for free, using real market values, to see whether your moves would have been profitable.
