I guess everyone is familiar with Apple right? I meant the technology co-founded by Steve Jobs, not talking about the Apple fruits at this moment since this is a finance-related Blogpost.
While an Apple iPhone is easily priced thousands of dollars and will lose its value over time, some people still get upgrade their devices every year because of new technology/features launched by Apple.
In 2011 when Tim Cook took over as Apple's CEO, Apple shifted the release dates for iPhones to annual September launch events. You can also see a consistent pattern of the announcement one week, and the products released the following Friday. Starting in 2020, we are beginning to see two iPhone announcements each year. (Source: Visualizing Apple Product Release Patterns - InfoNewt)
Instead of changing a new phone every other year, there's another group of people that prefer to buy Apple (APPL) shares and hold them with the conviction of the value increases over time to sell them in the future.
Instead of changing a new phone every other year, there's another group of people that prefer to buy Apple (APPL) shares and hold them with the conviction of the value increases over time to sell them in the future.
Apple shares are priced at 154.30 USD (207.16 SGD) at the point of writing.
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Then again, many would ask "If it's worth owning 1 Apple (APPL) Share?"
Here's an answer from a popular source "Absolutely. In fact, with the emergence of commission-free stock trading, it's quite feasible to buy a single share... However, if your broker is one of the few who still charges commissions, it might not be practical to make small investments." - The Motley Fool
While the iPhone is readily available online and offline.. now the question is "How to get Apple Shares?"
While the iPhone is readily available online and offline.. now the question is "How to get Apple Shares?"
People may ask "Is moomoo safe?"
moomoo is a trading platform offered by Moomoo Inc. In Singapore, capital markets products and services on moomoo are offered by Futu Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS). So yes, it is safe. The parent company is Futu holding limited, a Nasdaq-listed technology company ("FUTU”) backed by world-class strategic investors including venture capital affiliates of Tencent, Sequoia Capital and Matrix Partners.
Opening a Futu SG securities account and start investing is easy! ⏬
moomoo September Welcome Rewards – Free Apple (AAPL) shares!
Ending on 10/2 19:59 SGT
Sign up for the moomoo app through my link and get a FREE APPLE SHARE (worth around 200 SGD) along with other benefits such as 180 days commission FREE trading, FREE level2 US market data, and FREE investment courses in the app. Here are the details:
Click here to get the rewardOpen a FUTU SG brokerage account and get
- 1 Free Apple (AAPL) shares worth around SGD 200* for the First Deposit of ≥ SGD 2,700 & Trade 5 times on any market and any product excluding futures. It’s like getting a 7% return on your 2700 SGD investment immediately.
- Low Cost: No withdrawal fee, No inactivity fee, and 180 days unlimited commission-free trading for the US, HK & SG stock market. Save you a lot of money in the long run.
- Free in-dept market data: Opening a brokerage account in moomoo gives you free access to in-depth market information such as lv2 US market data (usually are paid content in other brokerage apps).
- Great place to learn: moomoo offers tons of new articles, analysis reports on the companies you invest in. There are mini investment courses for beginners and an active community for you to get in touch with before trade. If you still hesitate to start investing, try paper trading and test your investing strategy first.
- Fuss Free deposit & withdrawal: Instant deposit via DDA available (free to set up, your deposit will be posted to your account within 15 minutes if initiated during business hours). Quick money withdrawal process as well.
- moomoo figures: Aren’t they adorable? Earn points and get your own moomoo figures before they run out.
Good Luck!
Disclaimer:
This is not financial advice - The information provided on this Blogpost is provided for education and informational purpose only, without any express or implied warranty of any kind. The information contained in or provided from or through this website is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice. The information on this website and provided from or through this website is general in nature and is not specific to you the User or anyone else. You should not make any decision, financial, investment, trading, or otherwise, based on any of the information presented on this website without undertaking independent due diligence and consultation with a professional broker or financial advisory.
