So my faithful iPhone 7 is about goosed, so I kind of need another one(I dont like Android). There is zero chance that three chargers have stopped working at once, it must be the phone. Its done me a good service, I’ve replaced the battery twice but it is time for something new.
A similar spec upgrade for me is the standard 13 for 779.
I think it might be an interesting experiment, to purchase roughly the same in Apple shares, well in fact a little more. This on the view that the shares over time could appreciate enough to replace my mobile going forward when needed.
In the past 5 years, the Apple share price has increased 477% from $27 to $156. The 5 years before that it increased 93% from $14 to $27, 5 years before that 250% from $4 to $14, and finally 5 years before that 1000% from $0.36 to $4.
Past performance shows this stock keeps going up
On a worst case historic basis, to get a new iPhone every 5 years based on past performance, you need to have approximately 107% of the value of your phone in Apple shares for 5 years. If we factor inflation at 2.5% a year, then you needed to own 121% of the value of your chosen iPhone. Best case, well we can see the movement from 2001 to 2006, but I suspect that is unlikely to happen again.
So anyhow - thoughts? Could be an interesting experiment to fund ‘replacements’.
Worth a punt, and any other shares this could potentially work with?