Innovative Way To Reward Yourself For A Big Ticket Item

If you are following me for long enough time, you would know that I am a big apple fan boy! This brand is simply too big to ignore and I even had heated arguments on ANDROID vs APPLE when I was still not aware that such debates (including political ones) are only waste of energy and precious time – we should stop โ›”๏ธ having such altercations with friends, families, colleagues etc once and for all.

Anyways, there are some important tools that I own to improve general productivity workflow – and Appleโ€™s ๐Ÿ‘จโ€๐Ÿ’ป ecosystem constitutes major portion of it. Long before the YouTube endeavor, I have been an iPhone user (since 2012), my arsenal can be seen in the picture below which I have been collecting ever since – each device is still in use one way or the other. The average lifespan has been slightly around 4 years so its time to gift myself a new iPhone around Sept 2023 timeframe.

However, this time I have devised a ๐Ÿ†• strategy for buying a brand new iPhone – by investing the same amount in the company I am confident about in order to value the device more than ever.

The stock price ๐Ÿ“ˆ of Apple has risen 35x in past 14 years on consistent year on year basis (which off course is not a guarantee of future price appreciation) making me think of investing $150 every month until Sept 2023 (expected date for a new iPhone release) to buy 2 iPhones, one for myself and one for my better half.

The total invested cash ๐Ÿ’ต would be around $2700 – enough to finance 2 iPhones after 1.5 years from now, more importantly it will give me a good perspective of investing in a company which I use on daily basis.

I donโ€™t want to get into the deep dive of โ€œWHAT IFโ€ scenario had I invested in Apple stocks every month for the same amount since I started using the first iPhone. This will surely bring some depressing ๐Ÿ˜ญ numbers.

Anyways, the question is how I am going to be able to invest just $150 on monthly basis when you know the stock price of Apple currently stands @ $174!

Here SARWA comes into the picture – the platform I am using for both trading & investing in US ๐Ÿ‡บ๐Ÿ‡ธ stocks – I shall be investing in fractional shares and not the full stock here. This is a great feature offered by SARWA and you know what? The service is absolutely free – So you can even start investing from $1 – no strings ๐Ÿงต attached!!

The snapshot ๐Ÿ“ธ below is from the account I opened a month back for SARWA trade and invested 100 AED (around ยฑ27 USD) showing some fractional ownership of few stocks, and so far I cannot see any leakage or fees having done 5-6 trades so far.

The best thing about SARWA is that while living in the UAE, you avoid any transaction fee associated while paying even in small amounts of investment as it is considered a local bank transfer. If you are from other parts of the world, you need to check with your bank for exactly how much you will get charged for each transaction that you execute. Moreover, due to global ๐ŸŒ AML issues, the transaction has to be executed from the bank account under your own name (no family member or exchange house remittance is acceptable)

๐Ÿ’ก Invest in SARWA with this link and get $50 as referral bonus once you fund your new SARWA account.

This Apple stockโ€™s investment will be on monthly basis and I shall be updating you here in the newsletter as well on the YouTube channel on regular basis about the progress.

This brings a curious question from my side, which company would you consider investing in while you believe strongly in itโ€™s products? – tell me in the comments section whether its the US market or Pakistan. Just to give you a hint – In case you want to build a house ๐Ÿ  in next 3-4 years, would you bet on buying cement stocks in Pakistan gradually for small amount?

Donโ€™t forget to subscribe the YouTube channel to get weekly content on personal finance and productivity from a Pakistani perspective in general and as an expat in particular.

I have started live streams too where we can interact a lot more then before, here is the video of first live stream – I am thinking of having these live stream session twice a month to stay connected:

In case you have missed the last weekโ€™s videos, you can watch here:

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KEEP HUSTLING ๐Ÿ˜‰

2 Responses

  1. Lucky group seems to be on the moon with their cement and automobile ventures
    Definitely would buy their shares after opening an account by the end of this year