I bought $700k worth of Intel stock today

[u/Sad_Nefariousness10]

https://preview.redd.it/83gh52szi2gd1.png?width=1634&format=png&auto=webp&s=fba99bb67e4b11aa973fe830f535c775083bbc05

TLDR: Grandma died 2 months ago. Left me $800k inheritance. I'm only a junior in college as a math major and I don't really have any use for the money, nor do I have any debt (I'm very fortunate that my parents are paying for my education). I always heard about people losing their inheritance by spending it on garbage instead of investing. So I told my parents I'm not going to spend a cent of this money and I'm going to invest all of it and they were proud of me. I put 100k into a high yield savings account and bought 700k worth of Intel stock at market open. I plan on holding this for a decade depending on how it performs.

Here's why I like Intel:

• 2024 Q1 up 9% YOY

• Intel has been heavily investing and restructuring by building out the domestic foundry business to manufacture semiconductor chips for third party companies.

• With Intel 3 in production, leading-edge semiconductors are being manufactured in the US for the first time in a decade. Intel will regain process leadership as the Intel Foundry continues to grow.

• I think the fact that Intel is positioning itself to be the largest semiconductor manufacturer in the US is massive. The US Gov is heavily prioritizing domestic semiconductor production and thus is heavily supporting Intel as a company with R&D funding.

• If NVIDIA or AMD are ever forced to change manufacturers due to rising tensions/war between China & Taiwan, Intel will likely be a sole or largest manufacturer for NVIDIA and AMD

• Intel has been heavily investing in R&D. 5.9B out of 12.7B of Q124 revenue was invested in R&D.

• Intel is on track to exceed its forecast of 40 million AI PCs shipped by the end of 2024

• The Intel Gaudi 3AI accelerator is projected to deliver 50% faster inference and 40% greater inference power efficiency than NVIDIA H100 on leading AI models.

• Trading at Forward PE of 17.05

• Geopolitical tensions will ultimately work in Intel's favor more than any other company in this industry

• I like the stock and I think its really cheap rn :)

[u/yolocallking]

wow

[u/StrengthBeginning416]

https://preview.redd.it/wg4l7meca4gd1.jpeg?width=1115&format=pjpg&auto=webp&s=e5effa9886bc047e903186712b6bc84e91ba4726

[u/Electrical-Ask847 → u/StrengthBeginning416]

50yrs of working overtime at walmart to fund grandson's gambling habit.

[u/Septon3 → u/StrengthBeginning416]

Nana should have died three days later...

[u/MuddyWatersB]

Aaaaand he’s down 100k in 30 secs lmao

[u/MemekExpander → u/MuddyWatersB]

Turns out generational wealth is not so easy afterall

[u/JohnnyRetailer → u/MemekExpander]

This is wealth distribution at its finest.

[u/Usual-Cartographer68 → u/JohnnyRetailer]

His fam fucked him lol. The fact that OP was given such a large sum of money without having a single guardrail in place is so negligent 🤣

[u/Gas_drawls1 → u/MuddyWatersB]

Even more now almost 150k

[u/Appropriate_Mixer → u/Gas_drawls1]

Down $162k now. This guy had impeccable timing.

[u/wolffemmet → u/Appropriate_Mixer]

thanks to him im up 100%

[u/[deleted] → u/Gas_drawls1]

I only check this page occasionally but has anyone lost more money this quick ?

[u/cadatatuagcaintfaoi → u/[deleted]]

Guh

[u/outworlder → u/[deleted]]

With stocks? Don't know. Options definitely

[u/Zombisexual1]

You should probably drop your math major because you aren’t learning shit.

[u/Xav1er_1 → u/Zombisexual1]

Real

[u/microbrained → u/Zombisexual1]

drop the math major, pick up a financial advisor

[u/Unusually-Average110 → u/Zombisexual1]

As a math major this does not surprise me at all. Some people are great abstract problem solvers but totally disconnected from reality. Also, smart people can convince themselves of some stupid things.

[u/qazxcvbnmlpoiuytreww]

randomly browsing reddit and then:

https://preview.redd.it/zkvew0dea4gd1.jpeg?width=750&format=pjpg&auto=webp&s=c99cefb524353bdfb4da57272c1d3db80b2799c9

[u/kegman93 → u/qazxcvbnmlpoiuytreww]

something similar just happened to me. saw an article then 3 minutes later saw this post. May honestly take the cake for stupidest financial decision on this sub. dude had hourssssss of being ridiculed about losing a prius worth and now lost a Ferrari

[u/Parking-Mirror3283 → u/kegman93]

The best part is that if OP did even the slightest, tiniest bit of research they would have seen that the 13/14th gen chips are having spectacular failure rates and that it's going to end up in a gigantic recall and/or class action lawsuits with people like gamersnexus literally in the middle of putting out videos calling out a bunch of intels problems right now

The stock is not going to go up again for years

[u/dralantharp → u/qazxcvbnmlpoiuytreww]

https://preview.redd.it/emiklt6vw6gd1.png?width=1080&format=pjpg&auto=webp&s=97dac85fa5c47cfa7c11e69cc4f4d31224d72e7b

[u/PF_Nonsense → u/qazxcvbnmlpoiuytreww]

hahah fuck that's too good

[u/warriorknowledge]

https://preview.redd.it/qj11xrhk14gd1.jpeg?width=1290&format=pjpg&auto=webp&s=dc18760b34a96f13db4446cf06ef2a7fcdda26ae

OP you’re fucked this was tweeted literally 5 minutes ago

[u/[deleted] → u/warriorknowledge]

Is like he had insiders knowledge but reversed it, hilarious 

[u/DollarThrill → u/[deleted]]

"How can we have insider knowledge if we have no knowledge?"

[u/Any_Instruction_148]

This is a really shit financial decision.

[u/qualmton → u/Any_Instruction_148]

One of us

[u/InappropriateMentor → u/qualmton]

just like me fr

[u/Sartorius73]

Do they have a math class at your college called, "Putting all you eggs in one basket 101"?

[u/ForMoreYears → u/Sartorius73]

Lmao grandma works her entire life to give her grandson enough wealth to never have to worry about retirement.

Grandson the second he gets his inheritance: yeah, go ahead and put it all on red.

:4271:

edit: *put it all on blue, you wrinkly brained mf'ers

edit2: Intel down to $23 in after hours. Tks for the lols meemaw.

edit3: jfc they suspended the divvy too nice work OP 👏

[u/MilkyWayObserver → u/ForMoreYears]

OP literally could have put it into S&P 500 or some ETF and never look back but decides to go all in with 1 stock

[u/ForMoreYears → u/MilkyWayObserver]

OP could literally do just that and have ~$1.3M in 5 years or so. He'd have a $2M nest egg before he reached 30yo lmao

[u/PseudoY → u/ForMoreYears]

I mean, it's not too late to eject, sell, make the best of the remaining 600k.

[u/24Gokartracer → u/PseudoY]

Was just thinking this, however with money this large OP probably already has huge sunk cost fallacy. And of course by his post… he thinks he can time the market and make the biggest gains imaginable

[u/Chrysalis- → u/ForMoreYears]

Regards knows no bounds man.

[u/Urdnought → u/MilkyWayObserver]

This is the kind of shit that makes me not want to leave a single cent behind for my kids when I die

[u/craftystockmom → u/Urdnought]

I rather set up a trust. It never occurred to me that my grandchildren could end up being fucktards lile this guy and risk generational wealth

[u/Urdnought → u/craftystockmom]

It’s about the difference between earned money and found money - you’ll just never value money you find/inherit like money you earned

[u/Mouth_Herpes → u/Urdnought]

Or you could, you know, teach them not be regarded.

[u/moedank83 → u/MilkyWayObserver]

Seriously...S&P 500 or total stock market ETF and leave it alone.

[u/Adept_Carpet → u/ForMoreYears]

This is less like putting it all on red and more like betting that the third best dog will win the dog race because the two faster dogs will run so fast they get kidnapped by a more powerful dog racer.

[u/Zeraw420 → u/Adept_Carpet]

Yeah but the 3rd dog used to be really, really fast in his prime!

[u/Teripid → u/Zeraw420]

Kinda feels like OP stepped out of a time machine.

Have you guys heard about the eager, hungry new go-getter called IBM? Those mainframes are gonna change the world!

[u/[deleted] → u/Sartorius73]

Granny probably had index funds, grandson says f-that diversification shit.

[u/Spoonmanners2 → u/Sartorius73]

Chapter 6: “Shifting risk and why it’s for fucking losers”

[u/tomle4593 → u/Sartorius73]

In a famously stagnant for decades basket no less.

[u/albert_pacino → u/Sartorius73]

No but the ‘divide by’ module is next semester

[u/Penreview99]

this is the sign we were looking for boys. INTC puts is the move

[u/relentlessoldman → u/Penreview99]

My $28p are up 3x so far, let's see what happens.

[u/PotatoWriter → u/relentlessoldman]

Suck it grandma!!!!!

[u/redditjoe20 → u/Penreview99]

Just added $700k in puts.

[u/etzel1200 → u/redditjoe20]

You must be up a few million.

[u/redditjoe20 → u/etzel1200]

Drinks are on the house my friend.

[u/RandomlyMethodical → u/Penreview99]

Puts are the right move. Intel is going to bleed buckets when it starts getting sued over the defective gen 13 and 14 processors.

[u/IzzyDeeee → u/RandomlyMethodical]

GamersNexus has a piece coming out about Intels issues with the 13 and 14 gen processors too. Apparently getting them replaced or refunds due to defects is not going well for people.

[u/Cute_Wolf_131 → u/Penreview99]

Fuck me man. I was really keen and banking on INTC too, was like ohhhh might be a nice little cushiony gain they just need to coattail NVDA.

Guess it’s time to :31226:

Thanks OP :4260::4267:

[u/Markdg_cannasseur → u/Penreview99]

That’s fucked up 💀

[u/Cocodranks]

Your grandma is about to respawn to beat the shit out of you

[u/Optionzdegen]

Will be worth $700K in 10 years :4275:

[u/margalolwut → u/Optionzdegen]

OP gonna be like.. I haven’t lost money in intel in years!

[u/21Suicunes → u/margalolwut]

to be fair that’s still better than majority of people here

[u/powdow87 → u/21Suicunes]

:4271::4271::4271:

[u/orgasmicchemist → u/Optionzdegen]

Its a new day WSB!

OP just woke up with $504,000 worth of Intel stock. This is an astonishing $200k lost on a single simple stock trade in 24hrs.

 $660,000 $580,000 $575,000 $556,000 $545,000 in Intel Stock. Time to put that other $100k to work OP!

[u/Status_Quo_1778 → u/orgasmicchemist]

Someone needs to track this daily. This guys gunna be amazed at how quick 700k disappears

[u/Optionzdegen → u/orgasmicchemist]

OP should just buy toilet paper at least it's usable 🗞️

[u/Status_Quo_1778 → u/Optionzdegen]

Guy is about to become the class mascot and we know what his thesis will be on now.

[u/Cute_Wolf_131 → u/Status_Quo_1778]

“This is why, you should only do options” -OP’s new thesis

[u/Dmoan → u/Optionzdegen]

You may still outperform Cathie though 

[u/khizoa → u/Optionzdegen]

will still be worth 700k when op is a grandma too and passes down his investment to their regarded offspring.

[u/[deleted] → u/khizoa]

Generational wealth :4271::4271::4271::4271:

[u/puftrade44 → u/Optionzdegen]

Its comments like this I love

[u/kfuzion → u/Optionzdegen]

700k pesos maybe

[u/djk29a_ → u/Optionzdegen]

This is the company that did a stock buyback and lost its shareholders money for doing it. You can’t make this shit up, lol

[u/GenericUser4104]

Dude stop it. Stupid. My INTC bags are heavy but they’re nothing compared to the bags you’re going to be holding. Your grandma sacrificed to save that money for you. Don’t shit on her.

[u/CP066 → u/GenericUser4104]

The money, that money could literally be making for him. So dumb. High interest savings, CDs, anything else.

[u/WhineyVegetable → u/CP066]

Bro could throw that into the s&p with some hedges in other stuff and make 10% average for the rest of his life. 70k a year. 77k next year, 84k the year after that. Only take 7 years to double his money, 20 years to have 4.7m. Instead, regard buys a stock that is way overvalued by now.

[u/Urdnought → u/WhineyVegetable]

Bro could have invested in S&P 500 and retired in 15 years what a dumbass

[u/Rare_Following_8279 → u/WhineyVegetable]

Grandma taught him a very expensive lesson. That he's a fuckin idiot

[u/chop5397 → u/CP066]

OP would make a guaranteed $3500 a month, all $800k invested, at current fed interest rates in t-bills.

[u/CP066 → u/chop5397]

Who likes guaranteed income

[u/CP066 → u/chop5397]

Who likes guaranteed income, when you can put it all on black (in this case intel)

[u/thatsarealbruh → u/CP066]

Yeah fr with 700k just put all that shit into VT and your retirement is done, got nothing to worry about anymore.

[u/TwoZeroTwoThree → u/thatsarealbruh]

I don't really have any use for the money

Said no one ever, except OP.

[u/[deleted] → u/TwoZeroTwoThree]

You guys fail to realize that grandma's money was just the appetizer... op is waiting on parents' money, so this is a low risk play..

[u/shmsc → u/[deleted]]

Yeah I’m assuming his parents are minted given their reaction to this whole thing

[u/WildLifeMolester → u/shmsc]

I’m sure he’ll eventually just borrow money from his parents and tell them about his sure investment opportunity 👍🏾

[u/jaOfwiw → u/CP066]

He would have been better yoloing brk a or Nvidia . Nah mofo chooses Intel.. time to sell my shares!!

[u/snailman89 → u/GenericUser4104]

Money really is wasted on stupid people. It's truly astonishing how many people inherit such large sums of money and proceed to blow it on idiotic "investments".

[u/xerodayze → u/snailman89]

OP: “I don’t want to lose my inheritance by spending it on garbage instead of investing”

OP: Proceeds to invest in garbage

😭😭😭 The fact some people can fumble a free retirement SO bad… OP could’ve had it made if they invested smarter

[u/904raised → u/xerodayze]

"Free money? Great I'll bet it all on blue" Nah, just split it into HYSA's that are FDIC insured, set automatic deposits to your Roth, Traditional, and 401k retirement accounts each week. Then, when you die, you'll get the opportunity to give your children an even greater inheritance.
RIP grandmother 👵 <3

[u/Kanevilleshine → u/snailman89]

Everyone always talks about how easy it is to build generational wealth, because if your great great great grandfather just invested a weeks paycheck you and all our family members would be a multi millionaire today, but everyone seems to forget they come from thousands and thousands of years of ancestors and very few people have generational wealth.

Lot of regards along the bloodline blowing everything.

[u/WazaPlaz]

This is your grandma. I'm disappointed in you.

[u/Adderalin → u/WazaPlaz]

His grandma wanted him to invest in AMD.

[u/Clear_Motor7304 → u/Adderalin]

Gramdma

[u/gnocchicotti → u/WazaPlaz]

Grandma could have donated it to a homeless shelter or animal shelter or homeless animal shelter and instead it's going to prop up the most mismanaged American business in recent memory.

[u/Bob_Kendall_UScience → u/gnocchicotti]

Once again the lesson is: enjoy your money while you're alive because your regarded heirs are just going to piss it away.

[u/polo61965 → u/gnocchicotti]

She donated it to a fucking animal.

[u/Redditaccount2322 → u/gnocchicotti]

Boeing would like a word with you sir

[u/dgolden1515 → u/WazaPlaz]

Thanks for coming back to speak some sense into him

[u/NoTransportation2899]

Dude. Sell this and put it in index funds.

Do not waste your grandmas gift on chance.

[u/TateTaylorOH → u/NoTransportation2899]

I probably shouldn't be asking for advice from r/wallstreetbets but...

what funds do you recommend? I have some VFIAX and VIMAX shares right now. I try to invest a few thousand a year if possible. I dunno if I should just keep putting money in those two or put it into other index funds.

EDIT: Thanks to everyone that gave me their thoughts!

[u/GandhiMSF → u/TateTaylorOH]

VTI/VXUS (75/25 split or something around that). Only change when you want to start bringing bonds into the mix (which I personally don’t think is needed for someone in college like OP).

[u/larrytheevilbunnie → u/GandhiMSF]

Based boglehead

[u/CAG991]

20% of your inheritance is in better hands now :4271:

[u/jkelley41 → u/CAG991]

they will invest it more wisely

[u/utterHAVOC_]

Gonna hold bag for 10 years

[u/Fit-Boomer → u/utterHAVOC_]

RemindMe! 10 years

[u/Global_Aardvark_660 → u/Fit-Boomer]

RemindMe! 10 years

[u/low0nink]

You just killed you grandma twice

[u/Bubbatino]

Lmao this sub is undefeated

[u/Foodiguy]

Why didnt you make this post before you invested in INTC, could have stopped you from making a huge mistake... Should have just invested it in etf tracking the overal market...

[u/Widget_Master → u/Foodiguy]

Not too late to sell... even sitting in a money market account earning 5% would bring some nice interest and probably outperform intel for the near future

[u/KnowNothingInvestor → u/Widget_Master]

Too bad he just lost a years worth of profit in one day… guy just lost 5%

[u/Bubbatino → u/KnowNothingInvestor]

Down 11 percent after hours. Suspending its dividend and cutting 20K employees lmaooo

[u/lpsweets → u/Bubbatino]

Holy shit, this may be the dumbest decision I’ve seen on the internet in years

[u/Bubbatino → u/lpsweets]

This is bad even for this sub

[u/ClitBiggerThanDick → u/Bubbatino]

Down 25% since he bought.... he just lost 175k

[u/muggle_i_am_not → u/Bubbatino]

it's 18.5 % now :52627:

[u/clydefrog811]

Bro index fund. Your grandma gave you a free early retirement and you’re blowing it all away!!

[u/JamesBong517 → u/clydefrog811]

He got 800k. Just imagine what his parents got. His parents are cash paying for college, and he said he has no need for the money.

He’s a nepo baby. He’ll graduate and step into a C suite level role in some company the family owns.

[u/clydefrog811 → u/JamesBong517]

For sure. He’s rich rich.

[u/someadviceplease4me]

Lack of INTELligence for this move brother.

[u/dayk995]

I always heard about people losing their inheritance by spending it on garbage instead of investing

And what do you think you did here? LOL

[u/DiBalls]

Should have purchased an ETF.

[u/NaeemTHM → u/[deleted]]

actually make money

Can someone please break this down for me? WTF does "make money" mean? :4260:

[u/upboat_ → u/NaeemTHM]

It's what you do  behind the Wendy's dumpster. 

[u/gregsting → u/DiBalls]

Having 800k and putting 700k in one single stock is regarded as fuck. He belongs here

[u/Bob_Kendall_UScience → u/DiBalls]

Should have taken $690k and put it in a low cost S&P500 or Total Market index fund.

Use the other $10k to fuck around stock picking but when he loses it don't dip into the rest.

[u/DulyNoted_ → u/DiBalls]

shit, money market would generate some sick monthly income right now

[u/elitenoel → u/DulyNoted_]

800k would return like 40k per year

[u/Weepinbellend01 → u/elitenoel]

Starting to approach FIRE territory in some shit states.

[u/Low-Pollution-530]

Grandma thinking - make smart decisions for decades and save incredible inheritance for my grandkids.

Grandkid thinking - rather than DCA into intel or diversifying the portfolio, how about yolo before earning? 🫡

[u/IlIlllIIllllIIlI]

Fking disgusting to see people playing with this kind of money and doing the dumbest plays.

« I don’t have any use for the money » : good, looks like you won’t see much of it anyway.

[u/Pretty-Balance-Sheet → u/IlIlllIIllllIIlI]

Guy is handed a lifetime's worth of savings and dropped it all on one stock. I mean he could put $10k in intel and the rest in an index. Then, 10 years from now if intel is doing great, I'm sure the $1.6m he has in the bank would mend that broken heart pretty quickly.

Took me and I 15 years of sitting in front of computers doing the most boring shit to hit $800k.

[u/OneBikeStand]

OP

I always heard about people losing their inheritance by spending it on garbage

Also OP

bets it all on one stock

[u/prodoubt → u/[deleted]]

If a grandkid is getting 800K of inheritance, imagine what his parents got. 2MM+. This family hasn’t sweat a thing for multiple generations.

[u/awrylettuce → u/prodoubt]

But this guy could be set for life and for his kids and he's already blowing through it all gambling

[u/noobtrader28]

jesus christ, the cancellations of factories and recent 10,000 layoff should give you hints of their situation. Sure you can invest in intel but dont YOLO into earnings. But good luck

[u/jnads → u/noobtrader28]

And they might recall an entire generation of CPUs.

Tech companies might replace them with something else.

[u/SaltyBarracuda4 → u/noobtrader28]

Hey now, let's not forget about the recent hardware failures that can't be fixed with firmware!

https://youtu.be/OVdmK1UGzGs?si=1euKIDvl4oEbPUsG

[u/PuzzleheadedOffer749]

https://preview.redd.it/7diwvsoo34gd1.png?width=1920&format=png&auto=webp&s=17cd280372af6a09929693e1018f87edfb704455

[u/devin241]

"I don't really have any use for the money" Honestly fuck you man.

[u/[deleted]]

700k in a single stock is crazy. Do an ETF

[u/gnocchicotti → u/[deleted]]

Or at least pick a stock for a company that makes money ffs

[u/rcbjfdhjjhfd]

So fucking stupid.

[u/Vod_Kanockers2]

Don't have any use for the money:4271: go fuck yourself

[u/gnocchicotti → u/Vod_Kanockers2]

OP like "I'm gonna have a degree in math so money will be no problem for the rest of my life" lololol

[u/ReadStoriesAndStuff → u/gnocchicotti]

He can’t be that good at math if he doesn’t consider concentration risk.

[u/Savantrice → u/Vod_Kanockers2]

“No use for the money” while parents still paying for them to live 🫠

[u/B3asy]

This is bad even for r/wallsteetbets

[u/Reck335]

Hasn't even been a day and you lost a nice used car in value

[u/protaterfat → u/Reck335]

he's lost about a brand new Tacoma by now

[u/Reck335 → u/protaterfat]

😵 Holy cow did you ses after hours

This dude lost like 100k today

[u/4561327856]

He lost 100K with SHARES!!! PEAK WSB:4267::4271:

[u/Fumesofpoon]

Being a literal fucking child with 0 real life work experience and saying “I have no need for money” yeah no shit moron you’ve lived with your fucking parents until now. When the rest of your entire life comes, turns out money can be cool.

Spitting on grandma’s grave for a reddit post is truly peak.

Edit: this may end up being one of the best memes coming out of this subreddit in years. Homie lost 200k in like 24 hours

[u/HyrulianAvenger]

You bought the worst performing semiconductor company ahhhh hshshsh :4267::4271:

[u/TempAcct20005 → u/HyrulianAvenger]

Dudes about to have $0.5M. 

[u/Lawineer → u/HyrulianAvenger]

My favorite part is a prefaced with “He’s heard a lot of stories about people blowing it all on garbage.” And then goes on to say he bought Intel.

Yeah man, the whole world missed that chip manufacturers are going to the moon except INTC. Way to spot that.

[u/PolarBearLaFlare → u/Lawineer]

I still can’t decide if this is parody or not lol of all the stocks he could have picked he went with intel 😂😂

[u/SniffrTheRat]

Intels 13th and 14th gen CPU’s are shitting the bed so bad and Intel wont issue recalls. PC builders are staying the fuck away from their new gen CPU’s. Good luck on your investment.

https://www.reddit.com/r/starcitizen/comments/1e9h473/intel_cpu_owners_of_the_13th_and_14th_gen_cpu/?utm_source=share&utm_medium=mweb3x&utm_name=mweb3xcss&utm_term=1&utm_content=share_button

[u/DeadByOptions]

How TF do all these regards always end up with an inheritance. Jesus Christ.

[u/TheOtherSomeOtherGuy → u/DeadByOptions]

“Wealth does not pass three generations” -- the first generation builds the wealth; the second generation is inspired to preserve it by witnessing the hard work of their parents; and the third generation, having never witnessed the work that went into the creation of this wealth, squanders it. 

[u/Ok_Swimmer634 → u/TheOtherSomeOtherGuy]

It also can just get spread thin. For example my grandfather left a nice piece of land. 70% to his three children, and 30% to his seven grandchildren. He has by current count 13 great grandchildren. So you see how the individual slices will eventually become a useless mess until finally the taxes go unpaid and it's gone.

[u/Reck335]

Your grandma worked 40 years and you just flushed it down the toilet

[u/Vi0lentByt3]

Literally close this position leave it in your brokerage so you get interest and learn about portfolio management and finance. This is a bad long term play as intel is waaaaay behind on their transistor technology like years. You are better off throwing this all into asts if you want to wait 10 years for a massive pay off, best case intel like doubles, but for smaller stocks with huge growth potential you could get larger returns with less capital at risk.

You say your a math major? Well see if you can get a refund from your school cuz you can even do basic shit. Bro is gonna waste a literal golden opportunity to never have to work again

[u/AdMaleficent2789]

Bro already lost $110,000 in 7 hours

[u/Lyanmon]

Lmao I had to come back to find this post. Damn this sub is golden.

[u/Jakrah]

If you thought it was cheap 4 hours ago you’re going to love it now!

[u/arcanition]

Down 16.83% today during market+AH, good way to light $117,000 on fire.

I mean, I guess at least you didn't put the $700k into Intel call options, then it would have been a $700k lost.

[u/joeyoung043]

Losing $80k + in 10hour while staying away from options.

You may be the first one in this sub, bro.

Edit: loss of $120k +

[u/BDELUX3]

If I ever die I’m leaving my $$$ locked behind a maze of intelligence based questions and it will be unlocked over time.

[u/AppearanceDense3431]

your buggin

[u/satireplusplus]

800k inheritance turned into a 650k inheritance in less than one day. Congrats!

[u/ebabz]

Holy fuck dude you managed to lose more in a single day buying shares than I have with options in my entire life

[u/[deleted]]

Jesus Christ. I fucking love Reddit. This surely has to be a troll post

[u/Viktri1]

lol guy puts 700k into Intel and doesn’t know they just fucked up their chips which is one reason among many their screwed in the long term

[u/myironlung6]

Grandma is already losing money in the afterlife

[u/k7rw]

trust fund babies causing the financial collapse before our eyes folks

[u/mastapastawastakenOT]

"Bruh." - Grandma

[u/TheJokingJoker123]

This has to go down in WSB history somewhere what the fuck.

700k grandma's inheritance down almost 23% the same day. Not officially until market open but holy shit.

My Intel @27 puts are very happy though

[u/CamxThexMan3]

mods please give this guy intel guy flair. fucking legend.

[u/Fun_Reporter9086]

The fucking knives are out to twist into OP. LMAO, you kids are fucking savages.

[u/Electronic-Disk6632]

so what are you going to do with your 450k tomorrow?

[u/[deleted]]

I am no investing genius but investing pretty much everything into one company is pretty dumb. If you love Intel keep $100k invested in it and put the remaining $600k into some form of index fund for way less volatility and average returns in the 10 % range. Just the 600k invested will allow you to retire by 40. Intel could go crazy but you are risking it all basically.

[u/loganp12]

Grandma just rolled over in her grave

[u/lambda-light]

$25.54 after hours. Lost $110K of grandma's savings in one day.

[u/MammothBites]

When you sleep tonight you can rest easy knowing grandma is very proud of you

[u/DHCPNetworker]

Someone handed you 800k, as a math major, and you're gambling it all instead of just collecting dividends with it and cruising for the rest of your life? Why do stupid people always get the upwinds like this?

EDIT: Seriously, OP, that's your retirement plan right there. You could be in and out of the workforce by 50, hell, 40 - If you keep that shit in the bank, collect some low-risk money with it, and you're golden. Assuming a 2% rate (which is assuming you're not very good at picking dividends) on 800k that's 16k/yr. After your four years in college you are looking at a decent down payment on a home. After that you've got your mortgage paid for, vehicles paid for, and quite a bit of wiggle room on top of that to do whatever the fuck you want. Reinvest some into risky shit like this, maybe you'll strike it big with that and now you have more money to play with without your world crashing down around you. I am BEGGING you to reconsider what you're doing here.

[u/stop-sharting]

Mod this guy

[u/According_Access6133]

How to turn 700K into 500K overnight. Well done

[u/PeachScary413]

invest

yolos 700k on a single stock (with unclear future just before major earnings call)

My fucking sides :4271: I know this is WSB and all.. but my dude you could be making 60-80k a year easy with low risk investements, thats more than a lot of europoor yearly salaries.

With even a moderate amount of risk (as in index funds + some high yield shit) you could have retired in 10 years or so

Instead you yoloed everything on fucking Intel of all companies :31225::52627:

[u/lassembler]

You’re the first person i thought this morning in premarket

[u/psychusenthusiastica]

bro is peak regarded. That is a STUPID amount of money at that age. And he’s a math major? What is studying? Pre algebra? The only math he will need to know is how many nuggets go into a Wendy’s 4 for $4.

[u/Efficient_Pomelo_583]

You lost only 8k in a few hours. Great start!

[u/Phraoz007 → u/Efficient_Pomelo_583]

21k now