Is it OK if I share some joy? I am just so friggin happy!

[C-Ya]

In 2013 I purchased a pretty good chunk of Nvidia stock at $19 per share. It has split 4 times.

As of today, each share of that $19 stock has turned into the equivalent of over $2700. Everyday it just keeps going up. It went from $598 a share last week, to $688 today. Analyst are predicting it goes to $800. It’s all they can talk about on wallstreetbets on Reddit.

My wife and I are dancing around the house. We cannot be in better moods. We are just so friggin happy!

As my wife said earlier today…….. We made enough for a new 32’ World Cat, just since last Friday. You have no idea what a great feeling it is. I might go so far to say……. It feels better than cumming! lol

I feel like I am on the Game Stop ride, and it feels fantastic!!

Ok…… back to being humble. Sorry for being momentarily happy.

 

[ChrisV]

Congrats! I know nothing about stocks and kinda wish I did.

Glad to see you moving on up!

 

[LAPII]

Get that WC 32, life is short!

 

[TimeBandit]

That reminds me of my former father in law buying a ton of Apple in 1993. (against my recommendation)

Did I mention his current house has an elevator?

 

[paradise]

Not to be Debbie downer but you don’t make anything until you sell.

 

[attitude]

I used to work with a guy who sold his company for a couple million and bought a bunch of Tesla stock, at the height of Covid he had over 40 million in stock. He only buys and never sells.

He still works as a mid level manager afraid to sell and retire…

Congrats BTW, the few thousands I made and lost during COVID were exciting. Can’t imagine the feeling with a few more digits.

 

[sirbob]

Get that WC 32, life is short!

Hell yea!

If I made that much since last week... the financialy prudent thing to do is skim that profit since you're already up so much and put it in another "asset"


You don't want to have all your eggs in one basket

 

[CLdrinker]

Nvidia has been on a tear. I looked at last summer and thought it was over priced lol.

I highly suggest you take some profits. All of the money you made isn’t money until it’s in your pocket.

At the very least I would be taking out double whatever you put in. Then keep an eye on it like a hawk and start selling chunks if it dips.

 

[Gramps]

That's fantastic for you guys!!!!!!

 

[mesquito_creek]

Congrats... Since NVIDIA is in the S and P 500 all of us boring index investors are celebrating with you!

 

[monkeyswrench]

Don't know anything about stocks...or money, and I don't even know what NVIDIA is...but if it turns into a 32ft WorldCat, and you have some money to fill the tank, let her rip!

It sounds like "bonus" money, not survival or retirement money. Use it for something you hadn't planned but wanted. If it's the 32, great. If it's a SeaDoo pontoon for canal cruising, just as good.

 

[HNL2LHC]

Congrats!!!!

 

[Member: 71]

 

[92562]

 

[lakemadness]

That's awesome, congrats. But it's just numbers on a screen until you sell and get cash in the bank... Pigs get fat, hogs get slaughtered. Good luck!

For sure feels good though.

 

[clarence]

Keep your dock!!

 

[steamin rice]

That's awesome... Congrats!

 

[angiebaby]

That's awesome! I'm always happy to hear some good news

 

[cofooter]

Seems like it getting a little top heavy, just my opinion.........

 

[evantwheeler]

Not to be Debbie downer but you don’t make anything until you sell.

And dont forget to pay yore taxes!

I jealous. Id retire. Fock working.

 

[C-Ya]

So just a few comments.

I am not a day trader. I am a long term investor.

Truth is, I rarely checked the Nvidia stock, in the past. It has just steadily grown over the years. However, something has changed. Which is causing it to make a steep upward trajectory. It is too long to type as to why.

The funniest part of my new found wealth, is that it’s actually making me nervous about the stock for the first time in 11 years. It’s over valued. But, it also powers Artificial Intelligence systems, which is a growing industry. When I purchased Nvidia, all we knew at the time is that the Nvidia product will be needed for automated cars. We saw that as a future growth industry, so I invested a portion of the money I received when I sold my business. I was moving to Florida at the time, and I had the mindset, I’ll just let it ride. My only regret in hindsight, is that I didn’t buy more. But, since I never put all my eggs in one basket, I am just glad I took a chance.

One thing I know about the market, especially for the retail investor……. The rug can be pulled out at any time. That’s why I strongly believe in diversification. If you follow my posts, you already know I own more than a stock portfolio.

It’s rare for me to talk investing on RDP, but I am giddy happy. I hope I can get to sleep tonight, but right now I am pumped with the adrenaline of joy! I might even have “lottery winner” sex later. (Role Playing LOL)

I am no genius…….. I am just lucky. I’ll still be captaining a charter boat this Thursday. Why? That is because I love what I do!

 

[Tank]

Congrats!!

Our bonds and stocks have been doing very well. It’s a great feeling. I’m Long term too. No get rich quick schemes. Setting it up to leave the kids a nice chunk.

 

[blueflaminhot]

I know someone who works at NVIDIA. Truth is the future is clearly AI, and NVIDIA is leading the charge, we’ve really only scratched the surface of what is possible.

 

[X Hoser]

That's awesome, congrats. But it's just numbers on a screen until you sell and get cash in the bank... Pigs get fat, hogs get slaughtered. Good luck!

For sure feels good though.

My Dad always said, “don’t worry about the first dollar or the last dollar, just take everything in between”.

 

[rivermobster]

I know someone who works at NVIDIA. Truth is the future is clearly AI, and NVIDIA is leading the charge, we’ve really only scratched the surface of what is possible.

This x1000

That stock is Never going down.

Awesome score getting in cheap.

 

[DILLIGAF]

congrats! feels good to have one turn out like that.

i am up about 150% on my AVGO aka Broadcom and loving it

 

[C-Ya]

That stock is Never going down.

I hope your above statement turns into a Bible Verse! lol

 

[hallett21]

In typical Wall Street bets fashion……


Congrats and fuck you

 

[rivermobster]

I hope your above statement turns into a Bible Verse! lol

Blue nailed it. He's 100 percent correct.

 

[HTTP404]

Same here. We can't believe how much it has gone up. This is the first time I ever picked one and watched it climb.

 

[Orange Juice]

If you can’t baffle’em with brilliance, BS’em with AI.

 

[DLC]

Ok Congrats!

that is Very Sweet! Wish I had a little of that….


not to be DLC Downer….

When do you get out or sell off some to realize your upside….

When you’re on a roll …..

 

[Willie B]

… I have only invested twice… Once with Compact Video… Mid 70s… Friend of mine, First, mobile videotape trucks and they became the leaders in video tape editing, … Techie Masterful stuff…
… I was way ahead of the game…
… the US economy, took a nose dive, and I was living …party on the docks as a live aboard, and didn’t pay too much attention… OK so I lost a bunch on that one???

.., Next time, same friend… Laser Pacific Media Corporation… they were doing all the editing for situation comedies on TV… they became the technological innovators for film editing… Emmy winners…
… this time I had invested three times the amount of what I had invested in Compact Video..,
… here’s how the story goes. Someone had loaned their attorney, huge money attorney brought in a boatload of cocaine and got caught… The DEA put the brakes and Laser Pacific… so after a few years or whatever it was, I went I’m out of here… talked to a few stock brokers told them the story… And that I wanted to sell… They tried to encourage me to only sell a portion… Stupid me, said no I’m out… sold it… Once again I was behind the $ game… take a guess what happened next because of the story I had told… the brokers passed the story from broker to broker …and the stock went up… yes I am a dumbass when it comes to money… mainly because I’ve never really cared about it…

 

[bowtiejunkie]

I bought NVIDIA in 2011 at $22/share (not split adjusted). The crazy thing is it dropped 50% to about $11 within a year (2012). They instituted a dividend and I figured the stock was going to end up like Cisco Systems. Then the stock recovered and just went nuts. It split 4 for 1 a few years ago. As $10,000 investment when I bought is worth about $1,200,000 today. I don't own anywhere near that.

I'm still holding my shares I bought and feel nervous like C-Ya, only because of the value. It's a nice win though!! I know full well about the whole rug can be pulled out from under you in a second. I lost 20% of my investment $$ in one trading day due to a bank failure last year. Continuing to hold NVIDIA sure has helped recover a bit of the loss.

 

[Romans9]

Thread of the week here!


Glad to read it.

”Better than cumming”. ………… bwahahahaha……..

 

[C-Ya]

I bought NVIDIA in 2011 at $22/share (not split adjusted). The crazy thing is it dropped 50% to about $11 within a year (2012). They instituted a dividend and I figured the stock was going to end up like Cisco Systems. Then the stock recovered and just went nuts. It split 4 for 1 a few years ago. As $10,000 investment when I bought is worth about $1,200,000 today. I don't own anywhere near that.

I'm still holding my shares I bought and feel nervous like C-Ya, only because of the value. It's a nice win though!! I know full well about the whole rug can be pulled out from under you in a second. I lost 20% of my investment $$ in one trading day due to a bank failure last year. Continuing to hold NVIDIA sure has helped recover a bit of the loss.

I just did the math for me. When I bought in, a $10,000 investment is now worth $1,400,000. Glad I purchased more than $10k worth of stock. I am guessing I am up approx $800,000 since Jan 1. That is just by going by memory, without actually looking it up. We are trying not to look daily……. but it’s hard not too, right now. It’s insane in a fun way!

HODL - Diamond Hands

For those that don’t know the meaning of those terms, watch the Game Stop documentary or the movie Dumb Money on Netflix.

I am currently enjoying reading the nvidia threads and posts on Reddit “wallstreetbets”. It is helping me keep my nerves in check. Plus, there are some real comedians. lol

 

[DRYHEAT]

Congratulations, wouldn’t that be bitchin if it was in a Roth account.

 

[mesquito_creek]

Congratulations, wouldn’t that be bitchin if it was in a Roth account.

If you have been investing in an S&P index fund in your Roth it has been there since 2001… not as sexy, but with annual compounding growth and continued dollar cost averaging inputs, you might just be the millionaire next door nobody bothers!

 

[C-Ya]

I’ve thought about this overnight……..

I am going to share details.

In 2013 I purchased 1000 shares of Nvidia for $19,000 and change. Today, my 19k investment is worth……

$2,882,765

In December of 2023, our Nvidia stock went past 2 million for the 1st time. It’s gone up more than 800k since. Basically over 800k in approx 6 weeks.

I hope this satisfies some curiosity. It is TRULY the best investment I have ever made…….EVER. What a ride!

BTW, I appreciate all the nice comments. It just feels so good.

Now let’s get back to boating, jumping to conclusions, and flying off the handle.

 

[bowtiejunkie]

I’ve thought about this overnight……..

I am going to share details.

In 2013 I purchased 1000 shares of Nvidia for $19,000 and change. Today, my 19k investment is worth……

$2,882,765

In December of 2023, our Nvidia stock went past 2 million for the 1st time. It’s gone up more than 800k since. Basically over 800k in approx 6 weeks.

I hope this satisfies some curiosity. It is TRULY the best investment I have ever made…….EVER. What a ride!

BTW, I appreciate all the nice comments. It just feels so good.

Now let’s get back to boating, jumping to conclusions, and flying off the handle.

Simply amazing! Congrats! It wasn't a sure bet back then. It took years to rise from the depths of its pullback in 2011-2012. There was plenty of times where you could have taken profits and run. Not easy to pick a long term winner or to ride it through the ups and downs. Break a few shares off and enjoy!

I sold Google to buy NVDA, but should have put the whole $6000 into NVDA instead of diversifying the amount. Oh well, 12,000%+ gain on a little is still better than nothing . Best investment I ever made regardless.

I read recently, a $5000 investment in Microsoft on the IPO day would now be worth $22,000,000. Wow.

 

[clarence]

If it makes anyone feel any better, I once lost seven figures in a single day (a year into retirement) when SCOTUS ruled against Fannie Mae/Freddie Mac shareholders.


The Court points to not a single precedent in 230 years of history for the distinction it would have us draw. Nor could it. The course it pursues today defies our precedents. ...

Instead of applying our traditional remedy for constitutional violations like these, the Court supplies a novel and feeble substitute. ...

Not only is this “relief ” unlike anything this Court has ever before authorized in cases like ours; it is materially identical to a remedial approach this Court previously rejected. ...

Consider the guidance the Court offers. It says lower courts should examine clues such as whether the President made a “public statement expressing displeasure” about something the Director did, or whether the President “attempted” to remove the Director but was stymied by lower courts. Ibid. But what if the President never considered the possibility of removing the Director because he was never advised of that possibility? What if his advisers themselves never contemplated the option given statutory law? And even putting all that aside, what evidence should courts and parties consult when inquiring into the President’s “displeasure”? Are they restricted to publicly available materials, even though the most probative evidence may be the most sensitive? To ascertain with any degree of confidence the President’s state of mind regarding the Director, don’t we need testimony from him or his closest staff?

The Court declines to tangle with any of these questions. It’s hard not to wonder whether that’s because it intends for this speculative enterprise to go nowhere. Rather than intrude on often-privileged executive deliberations, the Court may calculate that the lower courts on remand in this suit will simply refuse retroactive relief. But if this is what the Court intends, why not just admit it and put these parties out of their misery? ...

Today, the Court sounds the call to arms and declares a constitutional violation only to head for the hills as soon as it’s faced with a request for meaningful relief. But as we have seen, the Court has in the past consistently vindicated Article II both in reasoning and in remedy. These cases—involving appointment and removal defects alike—remain good law. So what are lower courts faced with future removal defect cases to make of all this? The only lesson I can divine is that the Court’s opinion today is a product of its unique context—a retreat prompted by the prospect that affording a more traditional remedy here could mean unwinding or disgorging hundreds of millions of dollars that have already changed hands. The Court may blanch at authorizing such relief today, but nothing it says undoes our prior guidance authorizing more meaningful relief in other situations.

For my part, rather than carve out some suit-specific, removal-only, money-in-the-bank exception to our normal rules for Article II violations, I would take a simpler and more familiar path. Whether unconstitutionally installed or improperly unsupervised, officials cannot wield executive power except as Article II provides. Attempts to do so are void; speculation about alternate universes is neither necessary nor appropriate. In the world we inhabit, where individuals are burdened by unconstitutional executive action, they are “entitled to relief.”

GORSUCH, p. 54-62

https://www.supremecourt.gov/opinions/20pdf/19-422_k537.pdf

The government will always win when the Supreme Court imputes to Congress a definition of a conservator never adopted in the history of the world, by broadly reading a narrow exception for incidental powers to let a conservator gobble up all the money for itself—an action that could never be challenged in court as an abuse of power. A unanimous travesty.

https://archive.ph/qN1Lr

Not that I'm still angry about it or anything.

 

[TimeBandit]

During the dot com boom years, a friend had become a multi-millionaire on one stock. Cisco.

He would not cash out because of the tax implications.

He is no longer a multi-millionaire.

 

[gqchris]

Holy Heck brother, that is so bad ass! Wow, if only I had a time machine. Love hearing good things happen to good people!

 

[mesquito_creek]

During the dot com boom years, a friend had become a multi-millionaire on one stock. Cisco.

He would not cash out because of the tax implications.

He is no longer a multi-millionaire.

Hopefully, he stuck with his plan to not sell it... it's beat the S&P 500. Not an overnight multi millionaire, but 718% over 25 years is a better than avg return.

 

[Englewood]

Congrats. Not much beats that feeling!

 

[Flatsix66]

Congrats! NVIDIA has been amazing. I wonder if they can see AMD headlights in their rear view mirror?

I have a bunch of AVGO I get regularly over the last ten years, the AI ride has been life changing and unexpected.

 

[Cole Trickle]

I have a question...

Not really directed at C-ya I believe he has done well for himself and lives a great life so this amount might not even be life changing.

I know a ton of wealthy older gentleman that have done very well in stocks over the years. They never really seem to sell or cash out and live an upgraded life. I know a ton of kids that ended up with a couple million while dad drove a shit box truck and lived in the same un remodeled house for 40+ years. I guess I just don't understand the though processes of not enjoying the fruits of your labor. I'm all for setting my kid up when my time is up but I have no desire to leave him 5 million dollars.

Just seems weird. I hate gambling and trying to wring every ounce of blood out of something makes me nervous and isn't my style....enjoy life now while preparing for the future.

 

[cofooter]

I have a question...

Not really directed at C-ya I believe he has done well for himself and lives a great life so this amount might not even be life changing.

I know a ton of wealthy older gentleman that have done very well in stocks over the years. They never really seem to sell or cash out and live an upgraded life. I know a ton of kids that ended up with a couple million while dad drove a shit box truck and lived in the same un remodeled house for 40+ years. I guess I just don't understand the though processes of not enjoying the fruits of your labor. I'm all for setting my kid up when my time is up but I have no desire to leave him 5 million dollars.

Just seems weird. I hate gambling and trying to wring every ounce of blood out of something makes me nervous and isn't my style....enjoy life now while preparing for the future.

Some people are content and happy living a frugal, modest lifestyle. The big house, fancy cars, jewelery, etc don't make them happier. I think there is a huge difference in older generations vs newer in terms of what people think makes them happy........

 

[mesquito_creek]

I have a question...

Not really directed at C-ya I believe he has done well for himself and lives a great life so this amount might not even be life changing.

I know a ton of wealthy older gentleman that have done very well in stocks over the years. They never really seem to sell or cash out and live an upgraded life. I know a ton of kids that ended up with a couple million while dad drove a shit box truck and lived in the same un remodeled house for 40+ years. I guess I just don't understand the though processes of not enjoying the fruits of your labor. I'm all for setting my kid up when my time is up but I have no desire to leave him 5 million dollars.

Just seems weird. I hate gambling and trying to wring every ounce of blood out of something makes me nervous and isn't my style....enjoy life now while preparing for the future.

Is there really a truck worth owning after a 7.3 PSD Ford or Dodge 5.9 cummins? Tow 20K anywhere in the county at 75 mph.....

 

[Cole Trickle]

Some people are content and happy living a frugal, modest lifestyle. The big house, fancy cars, jewelery, etc don't make them happier. I think there is a huge difference in older generations vs newer in terms of what people think makes them happy........

I get that and I'm not interested in living the baller lifestyle.

I'm talking zero vacations sitting at home on a dusty 1989 lazyboy with a multi million dollar portfolio.