This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Is Apple More Valuable to Me Than My Wife?

NEW YORK ( TheStreet) -- When assessing my portfolio recently, I looked at Apple (AAPL - Get Report), my largest holding and wondered where would I be today had I taken the money used for my wedding 10 years ago and instead invested all of it by buying its stock?

For as much as I love tech giant Apple and appreciate the fact that it is the most valuable company in the world, I want to first make it clear that it is not more valuable to me than my wife -- I'm not stupid. Besides, she reads everything that I write.

For that matter, this admission would be "un-Jobs-like": The company's late founder would seek to remind anyone with such misguided convictions that not only are their priorities misplaced, but they're perhaps less than human.

I know you're wondering "Richard, where are you going with this?" Allow me to explain...

The results of a recent CBS poll published by Vanity Fair revealed that one out of six Americans would rather lose a significant other than their money. I'm not going to sit here and pass judgment on anyone for their views as I understand every situation is different. However, I'm not sure exactly what to make of the data or how I should receive it.

The mere fact that I am not the least bit surprised by this statistic concerns me. After all, there have been many recent events to suggest the percentage of people who would rather save their investments than their spouse might actually be overly conservative.

Nevertheless, it did cause me to reflect on my reasons for having become an investor, reasons that draw many adjectives that (admittedly) I'm not entirely proud of -- "greed" being one of them.

Here's what I've discovered. In some respects, I've taken on the characteristics of some of the leaders of companies in which I've invested -- companies that have included software and database giants Microsoft (MSFT - Get Report) and Oracle (ORCL).

I can't imagine a CEO more clever than Bill Gates (although others would certainly debate me on that point). But his shrewdness has a dark side; it almost sent Apple into bankruptcy while killing off once dominant rivals such as Novell, Lotus, Netscape, WordPerfect and the list goes on and on. Is that me? Do I wish to dominate? Or have I merely come to appreciate Microsoft for the dominance that it personifies?

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $123.25 0.00%
CSCO $27.13 0.00%
GOOG $548.34 0.00%
MSFT $40.97 0.00%
FB $83.30 0.00%

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs