For last couple of years, I had been beating myself up for not buying Apple (AAPL) stock. As a management consultant I should have anticipated that people will go nuts wasting their money on iPads and iPhones. Instead, I kept my money in XLK and QQQQ, index funds that track technology stocks. The stock kept rising and I kept getting depressed for blowing the chance, until now when I heard that after the sales cooled off, investors dumped the stock and people lost a lot of money. Yet again, a reminder that it is so hard for individual investors to accurately figure out the best time to enter and exit a stock. The best thing to do is to invest in a basket of stocks. So yes, the downward pressure on Apple did impact index funds, but not as much.
My Life In Bits And Pieces in Massachusetts.