Apple has been one of the best-performing stocks in modern history. According to the company, there are now over 1 billion iPhones in active use worldwide.
2. Research Apple Stock’s Fundamentals
If you want to invest in individual stocks, one of the most critical steps involves evaluating the company’s fundamentals, and Apple is no exception.
3. Does Apple Fit Your Investing Goals?
Before buying Apple stock or any other stock, make sure you have clear investment goals and know how the stock will fit into them.
4. How Much Can You Afford to Invest in Apple?
As a rule of thumb, stocks should be considered long-term investments. You should only invest money you won’t need in the short term into the stock market.
5. Pros and cons of Apple stock
Before you commit to investing in Apple or any other stock, you should make sure you think through the advantages and disadvantages.
As with any investment, due diligence is an essential first step before investing in Apple stock. Consider your personal financial goals and whether Apple might help you achieve them.