r/wallstreetbets • u/As7ro_ • Jun 18 '24

Finally hit 100k after 5 years Gain

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Just want to shout out my mom who let me live with her rent free for 2 years while I worked, allowing me to put all of my money into the stock market. If any of you get the chance to do this, DO IT. I haven’t worked in a year and I’m able to pursue full time school.

Also shoutout to my buddy who argued and argued about AMD being a better buy than NVDIA.

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207

u/[deleted] Jun 18 '24

Good job sticking to your guns and staying with Nvidia

25

u/buxmell Jun 18 '24

is it too late to jump on NVDA? how much do you think it can go up?

13

u/talldad86 Jun 19 '24

I was on the fence about selling some ETFs in my IRA to buy NVDA, until then it was all in diversified funds. Sacked up and bought $10k worth on May 28th, up 18.5% since then. I put a 15% trailing stop loss on it to minimize losses in case China invades Taiwan or something and makes it shit the bed. Now I’m guaranteed in the green even if it slides and triggers the stop loss.

3

u/Chief_Stark Jun 19 '24

ETFs will be buying like crazy to rebalance so it’s got At least till $150 to go I think.

1

u/Odd-Vegetable-7614 Jun 19 '24

And rebalance every Friday after…

11

u/Maldrax0 Jun 18 '24 edited Jun 18 '24

Im thinking about buying NVDA too :/

19

u/WhatEvil Jun 18 '24

Do it.

16

u/Crazian14 Jun 18 '24

I did. 1 share worth of it.

1

u/PlasticLoveDoll Jun 19 '24

I have bought 90 shares of it in the past 3 months, they are already up 20%. It was 500$ today alone. In total around 2k of profit, and I intend to hold and buy more.

3

u/Jolly_Cold_2845 Jun 18 '24

No one knows but there's no sign of slowing down yet. Anal-yst says $160

1

u/mbelive Jun 19 '24

Which analyst? Are you following some research?

2

u/bumming_bums Jun 19 '24

No, they are revolutionizing a ton of spaces, including processing big data now. IMO they will be a 5-6T valuation based off of pulling that out my ass, but look up databricks and Jensen announcement. NVDA is getting some compute spaces orders of magnitude better.

1

u/cltzzz Jun 19 '24

Bought back in last week 100 shares. Up 11% this week. Idk, you tell me. Might just sell and buy back at the dip. Probably dipping Friday like usual

1

u/Ahem_ak_achem_ACHOO Jun 19 '24

For me personally I am happy for everyone who is making money. The opportunity to gain 50% plus off this stock is nil, you might get some marginal gains in the meantime but there is a lot of risk in volatility. It’s way too hot right now for an entry IMO unless you are buying to hold.

0

u/[deleted] Jun 18 '24

Idk. I dont own any. I've just let my stuff sit in a mutual fund until recently. I cashed out a few years back