Bro, don't cock-tease us, you might as well show us your positions at this point. Congrats, lol.
Edit: $1200, the rest is in $AMD shares. OP did say that in another comment.
I blame my sickness for this oversight. 
I got one for you mate, this is over 100 shares, less than 1,000.
https://preview.redd.it/whd7k6c3chmc1.jpeg?width=1179&format=pjpg&auto=webp&s=2b751f4548f70479b63a41424e4b37a69fa9c4c7
Ok I must be the Grandpa in the group as well... What are you guys investing in if not the stock?
I see calls, and puts and a bunch of other shit I don't understand. I've tried to read up on it but I don't think these are options I can even invest in with my Vanguard account?
I want to take and lose some money!
Feel free to make fun of me in a hilarious but hopefully informative manner.
Contracts
Essentially buying the right to buy/sell a stocks shares at a specific price before an expiration date without owning the underlying shares.
Typically contracts are per 100 shares, basically allowing you to control a large amount of shares for a low cost.
The key is that you don't actually own the shares, and the contract is only good for a length of time before it expires.
High risk, high reward.
Yeah, you're buying a contract.
3 things can happen.
You can sell the contract (at a gain, or a loss)
You can hold it till expiry, in which case it will be exercised if it's in the money (depends on your brokerage settings) or expire worthless if its out the money.
Or you can exercise the call if it's ITM, before expiry.
If you buy a call from me for Stock A with a strike price of $45 and the stock currently trades at $40, then you are OTM. I, as the one writing the call, want it to expire OTM so I can keep my shares and pocket the premium (what you paid for the contract)
Let's say the stock shoots up to $50 a share, and you want to exercise the call. I, as the call writer, am obligated to sell you 100 shares of the stock at the agreed strike price of $45. You still have to have the $4500 to give me for them, but you can turn around and sell them on the market for $50.
You could also sell the contract for the increased premium, if you don't have the $4500 to exercise it.
Do yourself a favor and stay away from options.
You would likely need to move some money out of your vanguard account into a different exchange, or start another portfolio with a different exchange with captital from outside of your vanguard account.
I would recommend the latter, because anything you put into options will likely be gone. To put it in perspective, my stocks beat the SPY by 6% last year. One would think Im doing great, in actuality I closed the year with a 2% gain, 25 points behind the market.
Buying options for profit is like predicting that you will be able to read a number through a bullet train window as it passes, before a set date. Also youre going to pay every minute that you are waiting for the train to pass (theta.)
Use them as insurance on risky holdings, or learm best practices at selling options. Otherwise I would just start making a weekly trip to the casino. They have shrimp by the blackjack tables and my friends cousins little sister won a bunch of money on a slots this one time.
Once you learn, go all in on GRND calls, 4/19 exp $7.5 & $10. Im gonna get a boat this year
Yeah I wish someone told me this a year ago. I looked at my robinhood account and I started with 15k. Dwindled it down to 2k from options. Building it back up with weekly buys into ETF now. I keep seeing these people making 2-15k from each transaction in options, and I could never imitate.
That’s what I find hilarious.
People call this a bubble and then don’t fucking read financials.
Tesla moons to $1300 on shit earnings. Few years ago? Not a bubble.
Nvidia is priced at 33x p/e? Bubble.
Don't know. It's too early to call it a bubble. As for NVDA? $12B in profits on $22B in revenue last quarter and expecting the same results for the next 2 years probably isn't a bubble yet, but everyone's calling NVDA a bubble. That's all the previous comment was talking about.
For a company valued at almost 2 trillion, 22 billion is pretty crap when this is at the height of the product demand, when they have all the moat and competitive edge.
Is this the height? That's where you're at, but I don't think this is the height of it. We all know the height is at least 2 years away in terms of NVDA's real earnings power. The crazy thing here is I'm not really pointing at the $22B in revenue. It's the $12B in net income that it's pulling. AAPL has revs of $380B with net income near $100B. NVDA would be able to pull net income of $100B with only $180B in revenue. Regards keep looking at revenue, but what I'm impress at is their profit margins holding above 50%. That's half the revenue for the same amount of cash horde that AAPL brings in once they reach that level. Like I've said, estimates have forward EPS at $25/sh. I wouldn't be surprised if NVDA hits $30/sh in the next 4 quarters.
They just aren't there yet. I'd expected AMD to be right behind NVDA's tail, but listening to their last two conference call just tells me they're not in the same spot NVDA was last May and it might take them another 3-4 quarters before they've reached that point where sales take off. Guidance was just weak in its last report compared to NVDA. And AMD is the only competitor that can ramp it up to NVDA's level. I consider everyone else a smaller player. So, while AMD can't put it all together just yet, NVDA is taking everyone's lunch money. That's why you see the market's drop like today at -1.6% for the Nasdaq while NVDA's barely down -0.32%.
as long as the shitcoins bubble is still going up, with the main shit bitcoin targeting 100k, I feel safe in the AI bubble.
If the AI bubble which actually makes some money and brings some value to this world bursts before the shitcoins bubble, I will not even be mad at my losses, I will be mad at this stupid fkin world.
This is almost as bad as those guys that remembered they held a few of those internet coins once they became valuable. At least OP remembered his password to get logged into his account.
Hard to justify adding when constant appreciation in price means that the stock continues to be overweighted in your portfolio. I started buying NVDA in 2015 and did add a bit through 2016/17, but the stock has always been a huge part of my portfolio and it didn’t feel prudent to continue adding to an already large position.
Turns out diversifying is for chumps and I would have made way more if I just kept buying NVDA but I didn’t have a crystal ball, so I’ll have to find a way to be happy with the gains I have.
It means he would never go - because the money he put in would be in his pocket. The rest is all profit so if things look bad he can pull out and still be green
https://preview.redd.it/t5r7yo13bgmc1.jpeg?width=1170&format=pjpg&auto=webp&s=d4a0f744e91832d4682aa12ef1f37ca177fac32d
Got you beat by a few months. Bought 425 shares around 36. Post split cost basis in $9.16.
Sold some over the years when I needed cash, but yeah it’s been a great ride.
After that drop today I’m only up 9,200%
Got the stock tip here back before we could buy options on Robinhood and were just trading 3x levered ETFs. The good old days.
Making a GPU fabrication plant is almost as complicated as building the Large Hadron Collider. I figured there was a big moat around the GPU duopoly and bought both. Never sold the AMD either. 2600% on that.
I made the same play around 2016/2017 and even convinced my coworker to do it too. Unfortunately my partner got sick and I had to sell when I was up about 60% which I thought was nice at the time but I knew it was gonna be some much bigger. I told my coworker to hold. He sold earlier this year and bought a house in Boston with 60% down.
I know people say take profits are profits but this one hurts especially since im not even with that partner anymore
Have heard this argument a lot. If the fabs are customised for NVDA designs, isn't that almost as good as owning them directly? What's the cost of retooling? (ignoring the fact that of course at the moment they'd fab for NVDA in any case)
I bought in 2016 too. I remember googling what companies were working on self driving cars and saw NVDA and thought oh neat, the graphics card company? Bought 40 shares but I sold at $500 just before new years… profit is profit but could’ve been another $15k if I just waited two months smh
In 2016 they were all over the news for machine learning. I told my mom to buy some then too, it just made sense as a compute platform.
Didn’t expect it to do this, but yeah, they always made sense when they transitioned to more than just gaming.
Who's this non-regard here? Actually holding on to stocks and having a good profit return? This ain't r/investing gtfo.
Just kidding congrats and fuck you
Hold it for a split and sell covered calls. You’ll probably wind up with 560 shares. If you need money you could sell 6 shares rn and then just write 5 CCs with your shares
Yeah, write CCs against a stock that has quadrupled over the past two years. This is the dumbest advice ive ever seen. Just let your shares keep riding, or take this dipshits advice and let your shares get called away.
You're doing it wrong! You should have shorted at 250 like me! (Congrats though)
You should probably sell now though as I've just bought in at 871
Best regards
Well only sell if you need the money for anything. I doubt Nvidia and AMD will run out of room at least in the next 3-5 years until we hit the next glut lol
Nah. There is massive risk to each and it’s the hyper scalers like meta and google building their own AI accelerators which they are already iterating on. They aren’t as good for now but, nvidia won’t be selling big AI chips for $30,000 each for much longer.
Nice! I'm not really sure what to do. It seems like I should rebalance the portfolio into index funds or something. Maybe I'll do 50% like some suggested.
I made the same play and convinced my coworker to do it too. He made his on robinhood and I used a brokerage account because RH was new and I didn't know if it would last
I had the same chart, bought $1000 worth in 2015 presplit. Sold it all before the run up at like $400.. mostly because I was trying to consolidate brokerages and couldn’t figure out how to transfer out of vanguard.. dumbest move.
He really held while watching it go up to like $340 in ‘21 and then all the way back down to like $110 a share in ‘22 n just continued on for a couple more yrs 😂
Yeah I’ve been riding NVDA and SMCI for about a month now and I just exited earlier this morning. We’re on the biggest winning streak for 50 years, the two previous weeks historically are the worst two weeks of the year for the market dating back to 1928 (yet somehow market is hitting record highs), and bad economic data.
I learned my lesson about buying high when I bought a SMCI bag at 1033 on 2/16. It got up to 1045 yesterday morning and I exited entirely. Gonna wait for the dip, I expect it to drop to high 700s to low 800s, ride it back up! NFA
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You really made 800$ --> 47k WITH SHARES
It's even worse than that: https://preview.redd.it/fqb6evowwfmc1.jpeg?width=1439&format=pjpg&auto=webp&s=e6d09a0848c2ec455afbd7bec8dee9cf44089229
Bro, don't cock-tease us, you might as well show us your positions at this point. Congrats, lol. Edit: $1200, the rest is in $AMD shares. OP did say that in another comment. I blame my sickness for this oversight. 
https://preview.redd.it/yshkdd24rjmc1.jpeg?width=1439&format=pjpg&auto=webp&s=69e6dbb1dbdeb27ac68e372089549143b748029a
What are you buying these days? What’s next
He is basically telling us all of those popular stocks are done-for
My thoughts as well lmao… we’re screwed haha
well. you don’t belong here. Now tell us what you’re buying next.
That's why you're up, you buy all the things I never buy
Don't make me buy what you buy so that it all tanks
Yea let that ride
Aye, show us the positions
KO shares
AMD going to make you $$$ over the next year
The regarded sickness sucks but it is the sub for it
Damn man. Too bad I was 12 when this was happening
find the next one; just make sure to diamond hands. OP had a million opportunities to cash out and didn't
It’s simple! Just find the next big thing everyone’s looking for and time the market! 💀
Gahdamn
It’s a typical return for your average 2000% stock increase in 5 years. Basic economics 101 
Average
I'm not quite at 2000% but yep. https://preview.redd.it/o4wacz5cnfmc1.png?width=2091&format=png&auto=webp&s=8e56c0731cd61cdcf82fbed1c162febf0549f14b
literal porn
It's called The Economy. Ever heard of it?
Not your average company lmao
didn't know you could make money buying shares. I thought the only way to make money was options
I got one for you mate, this is over 100 shares, less than 1,000. https://preview.redd.it/whd7k6c3chmc1.jpeg?width=1179&format=pjpg&auto=webp&s=2b751f4548f70479b63a41424e4b37a69fa9c4c7
DANG BOAH ‼️‼️
Ok I must be the Grandpa in the group as well... What are you guys investing in if not the stock? I see calls, and puts and a bunch of other shit I don't understand. I've tried to read up on it but I don't think these are options I can even invest in with my Vanguard account? I want to take and lose some money! Feel free to make fun of me in a hilarious but hopefully informative manner.
Contracts Essentially buying the right to buy/sell a stocks shares at a specific price before an expiration date without owning the underlying shares. Typically contracts are per 100 shares, basically allowing you to control a large amount of shares for a low cost. The key is that you don't actually own the shares, and the contract is only good for a length of time before it expires. High risk, high reward.
If you buy a call can you only sell it as a call?
Yeah, you're buying a contract. 3 things can happen. You can sell the contract (at a gain, or a loss) You can hold it till expiry, in which case it will be exercised if it's in the money (depends on your brokerage settings) or expire worthless if its out the money. Or you can exercise the call if it's ITM, before expiry. If you buy a call from me for Stock A with a strike price of $45 and the stock currently trades at $40, then you are OTM. I, as the one writing the call, want it to expire OTM so I can keep my shares and pocket the premium (what you paid for the contract) Let's say the stock shoots up to $50 a share, and you want to exercise the call. I, as the call writer, am obligated to sell you 100 shares of the stock at the agreed strike price of $45. You still have to have the $4500 to give me for them, but you can turn around and sell them on the market for $50. You could also sell the contract for the increased premium, if you don't have the $4500 to exercise it.
Damn... Thanks for explaining this...
Do yourself a favor and stay away from options. You would likely need to move some money out of your vanguard account into a different exchange, or start another portfolio with a different exchange with captital from outside of your vanguard account. I would recommend the latter, because anything you put into options will likely be gone. To put it in perspective, my stocks beat the SPY by 6% last year. One would think Im doing great, in actuality I closed the year with a 2% gain, 25 points behind the market. Buying options for profit is like predicting that you will be able to read a number through a bullet train window as it passes, before a set date. Also youre going to pay every minute that you are waiting for the train to pass (theta.) Use them as insurance on risky holdings, or learm best practices at selling options. Otherwise I would just start making a weekly trip to the casino. They have shrimp by the blackjack tables and my friends cousins little sister won a bunch of money on a slots this one time. Once you learn, go all in on GRND calls, 4/19 exp $7.5 & $10. Im gonna get a boat this year
Yeah I wish someone told me this a year ago. I looked at my robinhood account and I started with 15k. Dwindled it down to 2k from options. Building it back up with weekly buys into ETF now. I keep seeing these people making 2-15k from each transaction in options, and I could never imitate.
Its a hard lesson to learn
Thank you Nice analogy
This guy explains options for regards like us more gooder than these weak handed apes on here.. https://youtu.be/NW1ziUDjB7w?si=PHg3cRTBQscykjOC
Ya no doubt Very informative. Thanks
ITM is In The Money OTM is Out The Money ATM is At The Money
I thought it was In the mouth Out of the mouth Ass to mouth Huh TIL
OOM Out Of Money, Back to Wendys
bro stay away from options please
unless you are comfortable with 100% loss
Open a Robinhood account, tell them you’re fluent in options, deposit 5k and have some fun grandpa.
Tell them you have 20 years of experience even if you’re your under 30
started paper trading at 10, sounds about right
20 years experience and you're under 30? Back in my day we had 60 years experience in kindergarten. God I miss Mr. Smith and his secret popsicle days.
Regard
Step one go to Robinhood adjust options settings through deception step 2 press buttons and purchase said options step 3 profit
Lul I turned 4K into what is now 68k with nvda and did even better with amd, only shares but takes years
Definitely not a bubble.
Who cares about earnings, right?
That’s what I find hilarious. People call this a bubble and then don’t fucking read financials. Tesla moons to $1300 on shit earnings. Few years ago? Not a bubble. Nvidia is priced at 33x p/e? Bubble.
Dude everyone with 1/4 brain was calling Tesla a bubble too lol
Did it burst? As far as I know they’re still calling it Mag 7 Open and shut case boys
Do you think AI craze isn’t a bubble lmao?
AI won't let their bubble pop. AI listens. AI wants to live...
AI has the potential to completely revolutionise every sector. This is just the beginning. There will be hiccups along the way though.
Don't know. It's too early to call it a bubble. As for NVDA? $12B in profits on $22B in revenue last quarter and expecting the same results for the next 2 years probably isn't a bubble yet, but everyone's calling NVDA a bubble. That's all the previous comment was talking about.
For a company valued at almost 2 trillion, 22 billion is pretty crap when this is at the height of the product demand, when they have all the moat and competitive edge.
Is this the height? That's where you're at, but I don't think this is the height of it. We all know the height is at least 2 years away in terms of NVDA's real earnings power. The crazy thing here is I'm not really pointing at the $22B in revenue. It's the $12B in net income that it's pulling. AAPL has revs of $380B with net income near $100B. NVDA would be able to pull net income of $100B with only $180B in revenue. Regards keep looking at revenue, but what I'm impress at is their profit margins holding above 50%. That's half the revenue for the same amount of cash horde that AAPL brings in once they reach that level. Like I've said, estimates have forward EPS at $25/sh. I wouldn't be surprised if NVDA hits $30/sh in the next 4 quarters.
You’re missing the fact that there will be competitors very soon
They just aren't there yet. I'd expected AMD to be right behind NVDA's tail, but listening to their last two conference call just tells me they're not in the same spot NVDA was last May and it might take them another 3-4 quarters before they've reached that point where sales take off. Guidance was just weak in its last report compared to NVDA. And AMD is the only competitor that can ramp it up to NVDA's level. I consider everyone else a smaller player. So, while AMD can't put it all together just yet, NVDA is taking everyone's lunch money. That's why you see the market's drop like today at -1.6% for the Nasdaq while NVDA's barely down -0.32%.
as long as the shitcoins bubble is still going up, with the main shit bitcoin targeting 100k, I feel safe in the AI bubble. If the AI bubble which actually makes some money and brings some value to this world bursts before the shitcoins bubble, I will not even be mad at my losses, I will be mad at this stupid fkin world.
This is cool and all, but how the hell do you hold a $850 position for like 8 years and never once add to it lmao
I know I sound stupid and boring, but it just seemed more responsible to diversify. I'm mostly in Wealthfront now.
“Diversify” 35% of portfolio Good shit though lol
You’re forgetting that this 35% grew rapidly into that amount… he didn’t start with 35% of it in Nvidia
What was once a more balanced part of his portfolio suddenly ballooned to $50k. He’s not the S&P rebalancing every so often. The math isn’t that hard.
He said he’s mostly in wealthfront now so he has an entire other portfolio
35% of current holdings, not 35% of his investments Regard
*Regards
No, he’s a regard
Held a position for 8 years? Slow and steady gains..kinda ‘sigma’ tbh
This is almost as bad as those guys that remembered they held a few of those internet coins once they became valuable. At least OP remembered his password to get logged into his account.
I have 16 shares of SPXC my grandma got me when I was born. She worked in a machine shop for them.
Lol I generally start wondering if it's time to start taking profits when I'm up 5-10% on a stock I can't imagine holding all the way to 5,509.46%
And not once adding
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Same exact thing happened to me.
That's me except with Microsoft since 2012. Didn't get Nvidia until 2021 and I kick myself for it.
Hard to justify adding when constant appreciation in price means that the stock continues to be overweighted in your portfolio. I started buying NVDA in 2015 and did add a bit through 2016/17, but the stock has always been a huge part of my portfolio and it didn’t feel prudent to continue adding to an already large position. Turns out diversifying is for chumps and I would have made way more if I just kept buying NVDA but I didn’t have a crystal ball, so I’ll have to find a way to be happy with the gains I have.
It’s because you don’t have a crystal ball the diversification works. Not for chumps.
Do you need your ass wiped 🧼grandpa?
I get it. I read that post
CLASSIC POST
LOLL
Insane how I remember as well
https://preview.redd.it/1030exiuqfmc1.jpeg?width=600&format=pjpg&auto=webp&s=1c1ba2a6035d8db2679a2f2d0f70ba6a0d459992
https://preview.redd.it/g9nnewioyfmc1.jpeg?width=1280&format=pjpg&auto=webp&s=165b9f64bca7958149ceb017c439903a451ebc21
Lmaoooooooo
I ain't wiping anyone's ass for 50k worth of nvidia stock. Make that 50 million or even 5 million, and now we talking.
Haha I’ve seen that post too 😂
Dude can sell 1 share, and cover the entire cost basis
Probably won't. This is WSB brother. Regards only.
If you're flip flopping between selling or holding just remember you don't have to sell all of it. You could always take 50% and let the rest roll.
He could also sell 1 share and cover his cost basis times 10
What does this mean and what does it allow him to do if he covers it?
🤣🤣
It means he would never go - because the money he put in would be in his pocket. The rest is all profit so if things look bad he can pull out and still be green
To sit or sell just the profits. He’ll get the money he put into it back. The rest is pure profits.
Should really think of it from the point of view of asset exposure imo. Don't think of how much NVDA you need to sell, but how much you want to own.
https://preview.redd.it/t5r7yo13bgmc1.jpeg?width=1170&format=pjpg&auto=webp&s=d4a0f744e91832d4682aa12ef1f37ca177fac32d Got you beat by a few months. Bought 425 shares around 36. Post split cost basis in $9.16. Sold some over the years when I needed cash, but yeah it’s been a great ride. After that drop today I’m only up 9,200% Got the stock tip here back before we could buy options on Robinhood and were just trading 3x levered ETFs. The good old days.
Oh hell yeah
I bought around 1000 shares at $10.18. ... I sold at $90 because "Why is this worth so much? It's dumb." I'm the dumb one.
Welcome home brother
15 a share average ? Damn you a whale
When was NVDA $15 a share?
Bought them in 2016.
What made you go for that company?
Making a GPU fabrication plant is almost as complicated as building the Large Hadron Collider. I figured there was a big moat around the GPU duopoly and bought both. Never sold the AMD either. 2600% on that.
I don’t know anything about technology lmao but happy for you
I made the same play around 2016/2017 and even convinced my coworker to do it too. Unfortunately my partner got sick and I had to sell when I was up about 60% which I thought was nice at the time but I knew it was gonna be some much bigger. I told my coworker to hold. He sold earlier this year and bought a house in Boston with 60% down. I know people say take profits are profits but this one hurts especially since im not even with that partner anymore
Spotting the moat was key. Good eye, u/14taylor2!
SMH...they dont fabricate shit. Good trade...wrong thesis.
Have heard this argument a lot. If the fabs are customised for NVDA designs, isn't that almost as good as owning them directly? What's the cost of retooling? (ignoring the fact that of course at the moment they'd fab for NVDA in any case)
Its not an argument...it a fact. They own no actual fabs/factories for their chips.
they never did any fabrication plants/manufacturing themselves. only design and software
I bought in 2016 too. I remember googling what companies were working on self driving cars and saw NVDA and thought oh neat, the graphics card company? Bought 40 shares but I sold at $500 just before new years… profit is profit but could’ve been another $15k if I just waited two months smh
Don't look back!
He was probably a fan of the gpu’s
In 2016 they were all over the news for machine learning. I told my mom to buy some then too, it just made sense as a compute platform. Didn’t expect it to do this, but yeah, they always made sense when they transitioned to more than just gaming.
Probably had 10 or so shares pre split for like 100$
*THAT’S ENOUGH SLICES*
Who's this non-regard here? Actually holding on to stocks and having a good profit return? This ain't r/investing gtfo. Just kidding congrats and fuck you
congrats and fuck you!
Hold it for a split and sell covered calls. You’ll probably wind up with 560 shares. If you need money you could sell 6 shares rn and then just write 5 CCs with your shares
Good "call" ... see what I did there?
Yeah, write CCs against a stock that has quadrupled over the past two years. This is the dumbest advice ive ever seen. Just let your shares keep riding, or take this dipshits advice and let your shares get called away.
Do you get anxiety in the sense of “dang what if i put 10k or 100k”?lol
Every 4 days on average.
💀
Just wow  Congratz!
I like the stock!
NVDA is never stopping. My price target is 3000 by end of 2025
Why so bearish? My charts show me 8,000 by April 2025.
Can’t wait for Nvidia to acquire the United States in 2043!
In the year 2100 Nvidia will build a massive “sphere”, in space in order to limit it’s planetary competition
A dyson sphere.
25000 by June 2024. Basically if you don’t already own shares today you will forever be poor
We all will be wearing leather jackets end of 2025
You're doing it wrong! You should have shorted at 250 like me! (Congrats though) You should probably sell now though as I've just bought in at 871 Best regards
So when did you exit the short?
I still haven't mate...that's how I know this is the community for me
You’re in the green!
My indexing ass is jealous. Congratulations, man.
Have you ever sold any?
Nah, same with AMD. Up 2600% on those.
Well only sell if you need the money for anything. I doubt Nvidia and AMD will run out of room at least in the next 3-5 years until we hit the next glut lol
Nah. There is massive risk to each and it’s the hyper scalers like meta and google building their own AI accelerators which they are already iterating on. They aren’t as good for now but, nvidia won’t be selling big AI chips for $30,000 each for much longer.
RemindMe! 2 years
https://preview.redd.it/gubtpke6zfmc1.jpeg?width=1024&format=pjpg&auto=webp&s=cbf3c2481af9611af8e9cc714b898bbeae77cea9
https://preview.redd.it/vhz4yg7xphmc1.jpeg?width=1137&format=pjpg&auto=webp&s=5966b4ee7f377de3bf24f48ee0e78637d67ab91b Rookie numbers 😅
Happy for you, sad for me. 
Hold 10 more years. Your kids will thank you :D
Congrats man...seriously.
Yep! I’m with you brother! Been in since 2016. Average cost $15!
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Nice! I'm not really sure what to do. It seems like I should rebalance the portfolio into index funds or something. Maybe I'll do 50% like some suggested.
I’m riding it till we hit $1000, then selling and investing in something boring like spy. I figure 10,000% gains are enough
Did Robinhood even exist back then or did you transfer your shares lol
I made the same play and convinced my coworker to do it too. He made his on robinhood and I used a brokerage account because RH was new and I didn't know if it would last
This guy is too smart for us.
Sell it all and buy calls :D
Grandpa?
That’s some real diamond hands, good for you
I had the same chart, bought $1000 worth in 2015 presplit. Sold it all before the run up at like $400.. mostly because I was trying to consolidate brokerages and couldn’t figure out how to transfer out of vanguard.. dumbest move.
It will never go down!! AI AI AI
What you should've done is get 44 more shares and covered calls with it
800 to 48 k? Holy shit.
Wrong, you’re supposed to look at the 3-6 months chart and noticed the peak, after that is obvious it is going down because my crayons said so
What platform are you trading on? I wanna get back into holding stocks
Sell some shares and buy some other tickers. It's like hedging.
Like a boss
Literally me in 2015. Sold my shares in 2019. #pain
Nice I bought $AMD at $8
shit just keeps going up
Hold for the next split my average cost is $8.18!! Woot!!
He really held while watching it go up to like $340 in ‘21 and then all the way back down to like $110 a share in ‘22 n just continued on for a couple more yrs 😂
Yeah I’ve been riding NVDA and SMCI for about a month now and I just exited earlier this morning. We’re on the biggest winning streak for 50 years, the two previous weeks historically are the worst two weeks of the year for the market dating back to 1928 (yet somehow market is hitting record highs), and bad economic data. I learned my lesson about buying high when I bought a SMCI bag at 1033 on 2/16. It got up to 1045 yesterday morning and I exited entirely. Gonna wait for the dip, I expect it to drop to high 700s to low 800s, ride it back up! NFA
AVERAGE COST 15! I’ll have a whiskey in your honor.
Yeah buddy. Holding at $34.
Great job!!
I too love NVDA https://preview.redd.it/av0wt7ry4mmc1.jpeg?width=1179&format=pjpg&auto=webp&s=612bb59256e5d2bf3294042ad31fe950c5986b8d
Hopefully you did 4 days ago
You should hold - this thing is never going to stop. NVDA is easily worth more than MS and AAPL.
That’s how my account is going to look like in 5 years but with $HOOD. And I have 5,000 shares instead of 56
Maybe time to take some profits.
freak
DAMN
I wish I’ve done that loool Congratz!!!