I am currently watching "Steve Jobs" on netflix, and that led me down the excel spreadsheet rabbit hole to create the above historical stock price chart for Apple Stock.
I was curious about when they initially went public, what the stock price was then and where they are today. Then I went a step further to understand what market crashes they've weathered and where they are now.
Here are a few things I learned:
1.) Apple has had a few stock splits over the last 40 years, and the trend I saw after analyzing their historical data (from Yahoo Finance) was that a few of the splits happened right before each of the three separate crashes they weathered (just a fun fact). Take that observation with a grain of salt (lol literally just something I noticed and is not significant in any way). 2.) The biggest thing I learned was that over 40 years and four major market crashes/events, including the current 2020 pandemic that is causing the market to dip, Apple is still moving and grooving. So over time, like many of the Apple and Disney stocks of the world have proven, if you don't try to TIME the market but rather put time INTO the market, you're money will more times than not, continue to grow in an upward trajectory.
Moral of the story: If you are thinking about touching your 401k or IRA, don't. Ride this wave out. Markets have dipped before, and generally, if you can stay the course and weather the storm through the losses, most of the time, you'll come out better on the other side. - 13 minutes ago