Putting all my money in nvda

[Anonymous]

I posted the NVDA prices 6/16 and 10/14. The S&P 500 has risen 6.88% during that time. The close on 6/16 was 5,473.23. The close yesterday was 5,849.85

[Anonymous]

Anonymous wrote:

Anonymous wrote:All you people giving sure advice. Why are you wasting time here and not on your private island?

Because we were poor to start with and are only at 17M right now. Our work and kids are here in the DC area. Also, and this is key... I don't want a private island.

Have you had time to redact your account statement?

[Anonymous]

I did this with Apple too. From 2008 to 2016 or so I only bought Apple stock and it was basically 100% of my portfolio.
Even with selling shares over the years for big purchases I still have 25,000 or so shares. I always joke that Apple stock
has made my life possible. After Apple, I started putting chunks of money into AMZN and that's done well too.

I am now doing the same with NVDA. So far I've accumulated 2,500 shares. If I had $300,000, it would definitely all
go into NVDA.

[Anonymous]

Yeah, my stepfather was all-in on Intel. So great, until it's not.

[Anonymous]

Looking good

[Anonymous]

Anonymous wrote:Yeah, my stepfather was all-in on Intel. So great, until it's not.

I'm sure OP will time the market.

[Anonymous]

Anonymous wrote:I did this with Apple too. From 2008 to 2016 or so I only bought Apple stock and it was basically 100% of my portfolio.
Even with selling shares over the years for big purchases I still have 25,000 or so shares. I always joke that Apple stock
has made my life possible. After Apple, I started putting chunks of money into AMZN and that's done well too.

I am now doing the same with NVDA. So far I've accumulated 2,500 shares. If I had $300,000, it would definitely all
go into NVDA.

Someone who puts a lot of their money into one or two stocks is someone with little sense or have other a huge safety net or wealth where they can tolerate the risk.

Lehman, BlackBerry, Enron, Sears — many unstoppable companies suddenly pivot to distress. Look at Intel and HP is probably another example. At one point Cisco was the most valuable company… it goes on and on.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I did this with Apple too. From 2008 to 2016 or so I only bought Apple stock and it was basically 100% of my portfolio.
Even with selling shares over the years for big purchases I still have 25,000 or so shares. I always joke that Apple stock
has made my life possible. After Apple, I started putting chunks of money into AMZN and that's done well too.

I am now doing the same with NVDA. So far I've accumulated 2,500 shares. If I had $300,000, it would definitely all
go into NVDA.

Someone who puts a lot of their money into one or two stocks is someone with little sense or have other a huge safety net or wealth where they can tolerate the risk.

Lehman, BlackBerry, Enron, Sears — many unstoppable companies suddenly pivot to distress. Look at Intel and HP is probably another example. At one point Cisco was the most valuable company… it goes on and on.

Laws have changed since. We have info and tools that make it harder to lose move and easier to get out. I'm in few stocks, but not for years and year. The chances of me holding the stock that is about to go zero, are 0.01, and even then, there's stop loss.
World has moved on. Move with the world.

[Anonymous]

It’s still a dumb move, it is gambling not investing. Stop loss orders do not make it any smarter, specially with a volatile investment like nvda.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I did this with Apple too. From 2008 to 2016 or so I only bought Apple stock and it was basically 100% of my portfolio.
Even with selling shares over the years for big purchases I still have 25,000 or so shares. I always joke that Apple stock
has made my life possible. After Apple, I started putting chunks of money into AMZN and that's done well too.

I am now doing the same with NVDA. So far I've accumulated 2,500 shares. If I had $300,000, it would definitely all
go into NVDA.

Someone who puts a lot of their money into one or two stocks is someone with little sense or have other a huge safety net or wealth where they can tolerate the risk.

Lehman, BlackBerry, Enron, Sears — many unstoppable companies suddenly pivot to distress. Look at Intel and HP is probably another example. At one point Cisco was the most valuable company… it goes on and on.

Laws have changed since. We have info and tools that make it harder to lose move and easier to get out. I'm in few stocks, but not for years and year. The chances of me holding the stock that is about to go zero, are 0.01, and even then, there's stop loss.
World has moved on. Move with the world.

You just have no idea what risk you have. Doesn’t mean you’ve actually mitigated your risk.

[Anonymous]

The scared can worry about risk and we'll keep counting our money with our individual stock investments. In my IRA, I've beat the S&P 500 Index by 40% over the last 5 years with my portfolio that has been invested in 3 or 4 stocks.

[Anonymous]

Anonymous wrote:The scared can worry about risk and we'll keep counting our money with our individual stock investments. In my IRA, I've beat the S&P 500 Index by 40% over the last 5 years with my portfolio that has been invested in 3 or 4 stocks.

The dunning kruger is strong in this one.

[Anonymous]

made $10M+ with NVDA over two years and still holding.

[Anonymous]

Anonymous wrote:made $10M+ with NVDA over two years and still holding.

Post a redacted account statement

[Anonymous]

Anonymous wrote:

Anonymous wrote:made $10M+ with NVDA over two years and still holding.

Post a redacted account statement

For what?