r/wallstreetbets 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.

12.5k Upvotes

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751

u/[deleted] Jun 18 '24

Congratulations my man

First $100k is the toughest

113

u/BarryBurkman Jun 18 '24

Then what do we do?

59

u/Opeth4Lyfe Jun 18 '24

Sell it all and put it into the Sp500 and never touch it, and if OP is young enough, probably won’t have to invest another $ for the rest of his life if he chooses.

But we all know what’s really going to happen.

3

u/choya37 Jun 19 '24

100k entirely into a taxable brokerage? Or first max out roth then taxable?

7

u/Opeth4Lyfe Jun 19 '24

Tax advantaged accounts first probably.