Apple, Netflix, And Nintendo
It’s kinda crazy how high Apple’s stock is right now (currently $339). I wish I had invested more in it when it was only $90. I only considered buying their stock at the time because I believed in what they were doing, and didn’t really care about dividends or stock price fluctuations.
I recently took stock of what I spend my money on and realized that Netflix is another company that I believe in, and would consider investing in without doing any research. For a while, I was using Netflix almost every day to stream video to my Apple TV, and I was getting three discs at a time. Netflix has gone on record stating that they consider themselves a streaming company now more than a movie rental company. Personally, I hate watching ads or paying outrageous prices per episode, so it’s a great fit for me. I haven’t even had live TV (cable or satellite) for over two years now.
Nintendo is another company I’d invest in without question. They have their failings, but they can make stellar games, and they’re the only company that sells video game consoles at a profit from day one. The Wii and DS were hits, and I think 3DS will continue that success. Does Nintendo even trade on an American stock market, or do you have to go through a Japanese one? If I weren’t so wrapped up right now, I’d look into it.