Chart of the day: Apple v. the S&P 500 — what a difference a decade makes

Chart of the day: Apple v. the S&P 500 — what a difference a decade makes
Shares of Apple Ticker:(AAPL) crossed the $500 mark today for the first time in the company's history.
FEB 29, 2012
Shares of Apple Ticker:(AAPL) crossed the $500 mark today for the first time in the company's history. (Read the full story here.) Significant on many levels - Apple is coming off of its best quarter on record - but the 10-year growth of the firm may be more impressive than anything else. Since early 2009, the stock is up 500% and is outperforming scores of companies. But go back to February 2002, as the chart above shows, and shares of Apple have surged more than 7000% from its low point of roughly $7 per share. The S&P 500 Index, meanwhile, is up around 20% since February 2002. Those of you that managed to get your clients some exposure to the company back then - and managed to keep them in - might argue that buy-and-hold isn't quite dead yet.

Latest News

LPL takes big swing at mainstream with PGA marketing deal
LPL takes big swing at mainstream with PGA marketing deal

LPL recently has softened its antipathy to mainstream marketing.

Larry Roth joins JIFFY AI advisory board as wealth tech race heats up
Larry Roth joins JIFFY AI advisory board as wealth tech race heats up

The veteran independent broker-dealer executive brings crisis-tested leadership to the AI-powered data platform

RIA moves: Modern Wealth snaps up $1.1B Florida firm to extend Eastern footprint
RIA moves: Modern Wealth snaps up $1.1B Florida firm to extend Eastern footprint

Arax and Waverly also staged their own East Coast expansions by acquiring a family-owned practice and a Maryland-based wealth firm.

Most investors are still positioned for the old environment
Most investors are still positioned for the old environment

Portfolios are built for specific environments, but most investors are still positioned for one shaped by intervention and conditioning that may no longer exist.

How a 320-strong Morgan Stanley advisor team supports the pro bono financial planning push
How a 320-strong Morgan Stanley advisor team supports the pro bono financial planning push

Foundation for Financial Planning CEO tells InvestmentNews how the wirehouse’s wealth management division steps up to the plate for those in need.

SPONSORED Estate planning isn't a service add-on. It's your retention strategy.

As $84 trillion prepares to change hands, advisors who treat estate planning as peripheral are quietly building a sieve, not a book.

SPONSORED Why strategy matters more than performance

In volatile markets, the advisors who win aren't the ones with the best calls - they're the ones whose clients stay the course.