Happy Birthday to me, as your humble narrator turns 50 years old today.
The markets gave us something to celebrate this past week with my equity portfolio getting out to a new multi-year high. At this point, I have exceeded the highs set last spring, but still have not bested the old high set back in 2008 prior to the meltdown and financial crisis. But I'm not too far off that level based on what I can remember.
More important than money, I have my health, a great family, a good job and much to be thankful for. People faced with their sudden, impending death have an experience of "your life flashing before your eyes." In those few seconds, you size up your entire life in an instant. Looking back, I don't think I would do anything different. I may have under-acheived compared to some of my peers, but nobody likes a whiner. Now I'll step down from my meta physical soap box ..
AAPL was the one that got away this past week. The skeptics are out in force on this stock and it traded down to the 560 area on Tuesday prior to release of earnings. On Tuesday, I was eying the 540 calls for about $32, or the 550 calls for about $26 or the $580 calls for about $10. But my regular job took my attention and I did nothing.