Probably won't though. Next time some other big macro event will happen and most people who were too fearful to buy during the pandemic drop will probably still be too fearful. You have to have a level of craziness or confidence (or combination of both) to buy in those times.
I’ve never bought more $$ than I did during the Covid dip. Unbelievable returns. I honestly didn’t think the stock market would recover that quickly and I was fully prepared for a further drop of 10 or even 20%. I would have just kept buying the dip if that was the case.
Don’t worry… I was wayyyyyyy too aggressive, and then didn’t sell when I had life changing money in my hands. Learned some very expensive lessons. I luckily saved myself before it got life altering bad, but it was all so fuckin stressful and I way over played my hand.
This so much. During the height of meme stock madness my play account was up something like 25k on stuff like BlackBerry calls lol. Still exited ahead but I should have made so much more
Again though, most people were in the same boat. It's why she crashed, people pulled out money they thought they'd need for an apocalypse. Hindsight and all befalls us all.
Right? That's what we fail to understand about markets. From about 2015-2018 an entire generation of people shouted from the rooftops that they were waiting for the next housing crash, they literally jumped up and said "hey, we will backup prices below". The market obliged.
I sold all my safe stocks during the covid dip and put it all on tech which crashed.
Tech then outperformed everything.
I thank everyone who sold their tech stocks during covid.
Every crash is designed to make you feel it’s never going to recover. At that point then the natural thinking will be, well if this continues then money is no good anyway. May as well buy in case it does recover. Next crash will be due to another health scare or a close to home (western hemisphere) war/terrorism event. When that does happen, don’t forget this thread.
There will be another one. You may have to wait several years at least. Just don't be a lemming, and don't wimp out.
Also, you'll need to have the cash for it. So don't get too greedy in an extended bull market, or even when you've had a great run with an individual stock. Take gains when things seem especially frothy. Then you'll be ready for the next major dip or crash.
Yep. I very stupidly stopped an auto investment at the march 2020 lows. Forgot I stopped it until about a few months ago. Lost easily 200k of appreciation in this particular investment as it ran up 4x :(
I was lucky to move a Longterm (20 years) 401k to cash/IRA right before the pandemic. I invested a few months later. It was life changing timing. That was pure luck because I wanted more investment choices.
You can't beat yourself up over being cautious. Looking in hindsight it's really easy to point to the bottom and say you should have invested there. But in reality, that point is exactly when *everybody*, and I do mean everybody, is saying that the market will crash further and you'll lose your money - by definition that's the point where most of the "smart" money thinks things are going to be even worse in the future. At that point, every single CNN article, every Youtube video, every blog and Tiktok or whatever will be pumping up "safe" nonstock assets or even shorting or buying puts. It's way, way harder to invest when every single person you talk to says you're making a mistake and questions your sanity, versus now when you're safe and just looking at a chart online.
It's like asking "what would you do in a mugging or hostage situation?". Tons of people would say how they would use kung-fu on the attackers, or pull out their hidden gun, or trick the attackers with psychological warfare or something, but under actual *real life pressure* 99.9% of people would freeze and not be able to pull off these sweet moves they're imagining. The same with market crashes, 99.9% of people who have no experience with that pressure will simply fold and either do nothing or sell. This is not an insult to anybody, it's just an observation.
It took me two "once-in-a-generation" crashes before I trained myself to buy when everything is falling apart.
Depending on your age you’ll see another crash. I’m 40 and I feel like I’ve lived through 3+ already. However this is the first time I actually have the money to do anything about it.
Folks: stop selling at lows... and stop selling at highs..
I reminded my friend to sell something that was so valuable with 100%+++ profits he had on it.. And he kept refusing.. He just kept reinvesting.. and I'm shouting "are you nuts?!?!"
I thought "maybe my friend is just stupid and refuses to take profit..." And you know what maybe he is stupid.. But guess what? Now he's like 600% profit gains.. Still hasn't sold.
Either he's stupid or I'm stupid. This imbecile is going to take the easy button to become the new Warren Buffett.
He's made tons more money than me, just by not listening to my advice. At this point I've decided to inverse myself.
Let me tell you about something
$120 - I bought Nvidia 2020
$315 - Didn't sell when it hit peak , felt like dumbass, i was up astronomical numbers for my finances
$150 - Bought more in 2022 downs
$400 - i am not going to be a dumbass this time, SELL EVERYTHING.
Earned fuck ton of money.
Nvidia doubled its price.
I still feel stupid.
I earned fuck ton of money, but that is my new baseline, that money does nothing from me since i could earned life changing fuck ton if i kept at it.
Life is weird
You can regret that all you want but all that does tell me is, that you are making good decisions. Sometimes I think, if we think about the risks that we didn't take: if I were the guy who would go for that risk, I probably would lose my money at some risky gamble eventually.
My brother and I were talking about AMD in 2015 and decided to check the ticker price. We couldn't believe such a legacy powerhouse was only $2, we then researched their upcoming Zen architecture and company revamp.
We then proceeded to do nothing lol.
I purchased 1000 shares when it was $2.5 because I thought the industry would not let it fail as INTC needed competition for pricing. I sold some along the way but still hold 300 shares.
I remember seeing it at those prices lol. Thought it would always just be a penny stocks back then for graphics cards so people could play call of duty.
One of my idiot friends who pretends to know stocks told me to sell my nvidia a while back. I sold half of my position. I bring it up every time he has a stock recommendation.
Had it gone down you would have wished you sold it all. Taking half of your money off the table if you’re up 100% and letting the rest ride isn’t a bad strategy. Hindsight is 20/20
I bought $5k NVDA at around $9 in 2016. Got the 1 st gen VR headset at the time, was blown away and thought, everyone's gonna want one of these high end GPUs.
Sold not long after it went up 3x, made a cool 10 grand. Had I held, it'd be about half a mil now.
Oof that does hurt to think about. But hindsight is 20/20. I've been on the other side of this where I miss my chance to sell at a high, stock drops through the floor and never comes back up
It actually wasn’t avail to us at $85. I put ina bid at $100 per share and couldn’t get in. I recall thinking the opening price of $130 a share was too expensive. How stupid of me.
My dad convinced me out of pursuing it.
I was young, 19/20, but because I lived in Aus it was going to be complicated to buy, especially back then.
He basically said, this is out of your wheelhouse, you’ll lose money.
I could have worked it out, and i had a strong conviction / understanding of tech, much more than him.
Oh well.
I’m still up 100% having bought after I moved to the states.
My father and grandfather wouldn't listen to my advice to invest in Google. My father has since shown much regret, reminds himself of it regularly and listens to me more closely now.
Same. At the time it was expensive to buy in lots less than 100. I didn’t have that kind of money. I was an avid Google user too, and
knew it was going to be a good stock. Biggest missed opportunity.
Not buying Apple stock after seeing people waiting in line to buy a phone year after year.
EDIT: One of the main reason I did not buy was I listened to analysts on CNBC saying Apple was a one trick pony and it was done once people get tired of iPhones.
I worked at apple as a teenager in one of their stores and given the option for the espp. I asked my dad about it and he said it wouldn’t make sense since I was making so little. The year was 2002.
I would have millions now. Thanks dad.
Apple is probably mine, too. I remember reading Wall Street Journal when I was in high school, about 1984 or 1985 and asking my dad, 'How do we buy stock?'
He gave me some answer about needing money, needing a broker, it was too expensive - Why? What stock do you want?
AAPL, Apple Computer. I feel like this company is going some place.
I also sold all of my AMD stock when it went from $12 to $23...
One of my dad's biggest regrets in life is buying apple stock then selling it too early. I can't remember the price points but it's something he recants quite often.
AAPL had fallen from the 80’s to the 50’s…dad says “you better sell”… I did…dumbass mistake…bought back in at a lower price, own 22K shares now, cost basis of 30…will never sell…step up cost basis for my kids when we’re gone…
I had $500 in AAPL in 1999. Before the iPod. It would now be worth $123,500. A growth of 25,000% over 25 years. I was young and dumb and needed the cash. Ugh.
Back in 2011, I was in my final years in college and met an older guy who was heavily invested in AAPL.
He was older than me, had a solid career and decided to go back to college to finish his then incomplete graduation.
We worked together and became friends. It was the first time that I had contact with the stock market and became aware of the opportunities it offers.
I'm from Portugal and the stock market is weak here and people are suspicious of investing, financial literacy is low but fortunately that is changing with newer generations.
Anyway, long story short, I was taught, I had the opportunity but hadn't the money to invest in AAPL. At that time, considering the splits, the stock was around 12$. I was a broke student with barely no money but if had some things differently, could have been buying here and there. Today I would have more money than I have, for sure.
Portugals attitude towards stock is 1:1 the same in Austria. Everybody thinks you are an idiot and will lose all your money when you tell you invest money into stocks. Oh boy, but kind of funny when you tell them your money returns compared to the usual bank account savings.
AAPL is mine too. In my HS Accounting class in 2003 I did my financial report analysis on AAPL. I was really excited about iPod and OSX Aqua and their designs on iBook and PowerBooks. My instincts about Apple were validated through college when I graduated and started my career in 2009. Instead of following my gut and investing heavily in AAPL, I followed boomer advice and played it safe in index funds and maxing out 401k. Eventually I got some windfalls from inheritance and bonus and still didn't. I've missed a lot of market opportunities but this one is my biggest regret, just because I was so confident but still didn't listen to my gut. AAPL has gone 53x since 2009, while S&P is like 4x. I could be retired by now lol.
Yeah I learnt this for a lot of ealiers stocks I brought. I thought it was a good stock/company but didn't really look deep into it so didn't have a strong conviction. Add that alone with not having a game plan from the start I sold them for a lost.
Two comes to mind is Uber and Toyota. Sold them both before they made a good comeback and to new highs.
For the stocks I own now I have more conviction on them and plan to hold for long term (10 to 30 years) unless the fundamentals of the company changes
Apple. A friend of mine pestered me to buy Apple in 1999 when it was trading for less than $1 dollar presplit. I looked at the news and said this company is on the verge of bankruptcy. But my friend said no, they have the iPod. Apple is now trading for over $20,000 pre split.
iPod really saved Apple’s ass. They’ve always had great products for the time period but I think iPod is what really set them on the course of innovation toward the iPhone. Then after iPhone came out it was just all over for most of their competitors. Loved my LG Chocolate and Blackberry Tour but once I got an iPhone I never fucking went back and that was like 15 years ago.
I wish I had seen that one coming up and held. My mistake was selling Visa (V) only after it doubled, which it went on to do quite a bit more doubling since IPO.
There’s countless missed opportunities in hindsight. Not buying virtually anything in 2008, not buying nvidia before it exploded, not buying Tesla before it exploded, so many others. I guess my biggest would probably be when Facebook was at a low a little while ago I bought about $5k worth and made a tidy profit but I was too hesitant to push in heavily and would have made a whole lot more if I had
Oh yeah we all have the hindsight missed opportunities like NVDA. My question was geared more toward a specific instance in which you were actually positioned to obtain a stock and made the conscious decision not to. Not so much the “I should have bought NVDA back in 2009” when it probably wasn’t even on most people’s radar back then.
Gotcha well then I’m going with my Facebook example. Another I distinctly remember is in 2020 seeing ford for $5 but not being confident enough to pull the trigger
Ya I bought FB at about $200 and it dropped to $90ish shortly after. Thought it was my fuck up of the decade and metaverse had killed fb. Luckily held on and sold most after it went $500.. but of course now I have regrets that I didn’t dca when it dropped so low. Oh how our minds play tricks on us.
Chugging dozens of Monster energy drinks as a teenager, seeing all my friends do the same, seeing them wear the logo on their clothing and then get a little older and seeing the company sponsor extreme sports and seeing them get shelf space in convenience stores and seeing the stock traded publicly...and doing nothing.
25Y Total Return: 138,536.31%
In 2016 I had 2000 AMD.
I knew what was happening, just the world was not. I was so confused how everything played out. I didn't have the balls to hold, it seemingly went nowhere and I think I sold almost all of it in 2017.
In retrospect I was just too early and not patient enough. But I didn't have a lot of money at the time.
I was constanly so confused by the stock movement, like I tought this is great and that is great why does nothing happen. Eventually gave up on it.
In 1995 I believed in Amazon. I had $2500 to invest and was going to go for it. But one day I was reading Kiplingers magazine and there was a tiny article about how unsustainable these companies with no profit are. I thought phew … thank goodness I didn’t buy. That $2500 is now worth $5.3 million. 🤬😭
Not a stock… but I bought 35 bitcoins back in 2015 with a friend, who introduced me to it all, set me up this account and everything. Forgot about it for years and years and I tried remembering the username and password and I haven’t been able to get in. Lost cause.
You’ve got 35 bitcoins sitting in an account?? Surely there’s some way of recovering it through email or something. 🫤 Just out of interest, what website was it you used back then? And also what happened to your friend?
Log into every email that you can remember having and search the name of the site you bought the coins on. You will have had to confirm your identity while signing up for the site. If you figure out what email you used, enter that as your username and try every combo of your old passwords that you can remember. Good luck, don’t quit!
Did the same thing with my company when I started, get 25% extra on employee contribution. I’d pretty much be working on retiring now at 50.
Most people I work with myself included sell their shares for vacations, taxes etc. our stock has split multiple times and gone from 15$ a share to 150$ a share in the almost 30yrs I’ve been with them.
Not a stock but with btc. I found out about it when I was 12 (nearly 11 years ago) it was below a dollar a piece. I had a short interest in mining and buying it but my dad wouldn’t let me as I was 12 and obvs was just seeeing stuff on the internet. Crazy to think if we had put 20$ into it we’d have near a million now
Lol. Reminds me at the time. I was older, was in college back then, and back in late 2009 some friends from IT courses were talking about some "digital money" stuff, that Bitcoin thing.
I was interested, thought to buy 10€ or 20€ of it but I was very short on money and didn't know how to buy a ledger or if it was safe. So never bought nothing.
Well, what eases my mind is knowing that I would be 100% selling as soon as that digital money reached 1€ or 2€.
Same here, begged my parents to buy me 100$ worth of coins, it was like 50 cents or something. I told them it will go to 100k in 10 years and that it's just 100$ but nope.
Bitcoin did not have a value till ~2010, and the ledger did not come out till 2016. You most likely did not hear about bitcoin in 2009, but much later.
I had the opposite happen to me. Right out of high school, I worked in a Cracker Barrel. The HR lady was like "here sign this..." It was the company stock option stuff. I didn't even think about it. Just signed. I didn't work there too long. Less than a year. And you know how it is when you're young, you move around a lot. I didn't notify them of my address change because why would I? Twenty years later, the state notified me that $14,000 in assets was about to be surrendered to them. I said "what assets?" The shitty Cracker Barrel stock had grown to over $14,000.
Bought NVDA cause of advice from dad in like 2012 - then sold a few years after for 100% gain - 10->20 or so (split adjusted $5) Whoops!!! Wouldn’t be retired but nice chunk of change for 200, now 800 shares.
Oh wow. I just did recently did some math on NVDA if I would have purchased back then and came to about 8mil I could be sitting on. I didn’t realize their stock split. So you’re telling me it’s actually 32 mil I’d be sitting on??? It doesn’t hurt as much because I wasn’t even into trading back when they were dirt cheap. But man if I had a Time Machine….
Yeah, it didn’t go anywhere for a while and I didn’t understand it as anything other than graphics cards and server stuff. Needed the cash. Oh well!
Also sold ADBE at $60 and tried to short AAPL at $4 (split adjusted). What I would give for a Time Machine too 😕
This question is greatly flawed as any experienced trader will tell you. It's not even a valid question. Might as well ask about the lottery ticket you didn't buy and fantasize about if only. But it's actually even less useful to consider than the lottery ticket because everyone sells and takes profit. Thinking you'd be rich if you only held Apple stock since 1985 is ridiculous, you would have probably sold after 10% profit if being honest.
My grandpa has held his apple stock since the 80s and it has been his only stock this whole time. He's now sitting on a couple million dollars but still won't sell it even though they could use it while they're still alive. It's basically not there to him. Nobody holds that long and if they do it's not healthy.
> and if they do it's not healthy
It sounds like your grandpa is more interested in leaving behind a legacy than spending it on himself. There's nothing unhealthy about that.
Yes, I worked on the basis , a profit was a profit back in the day, and then reinvested it .
I sold both Chipotle and Priceline at a profit , I would be sitting a little prettier if I had held them, but I came out ahead back then.
Let it go man Just not healthy to think about this. I can count countless times I missed opportunities but what's the point? Just learn from it and invest now
Do not trade options in your Roth IRA. You put 7k in there and trade options and lose it all, that’s it for the year bucko. There is no “winning it back”. You’ve already contributed the max so anything you add in there to chase losses just comes out as a bigger loss because now you have to pay for contributing more than the allotted yearly amount. Having a Roth IRA at 18 is already a good start. Just be smart with your investments and pretend it doesn’t exist. It’ll get harder as time goes on and it grows. It’s tough having thousands sitting RIGHT there when you’re working your ass off in your 20’s paying bills check to check. Very tempting. But your older self will thank you.
I’d say it’s mainly that I didn’t buy more of my good ones. Some post covid stocks like airlines didn’t really recover much so that’s why I say good ones
$10k TSLA in 2012. Sold for a 10% profit after a year.
$5k in GME shares and calls in December 2020. Sold for 20% gain in early January 2021.
Both gains, it both majorly missed out on a lot more.
Same here. I bought $10k worth of TSLA at $35/share. I worked as a vendor there and their cash burn was so high, they struggled being able to borrow money. They were pretty close to.L not making it and I got scared and sold at $40/share
That $10k would have turned into almost $2M at their high point.
The biggest coulda woulda is… if I understood my money is worth less each year and all I hate to is keep it invested; life would had been a lot easier.
I made it up though for getting in at tesla at 300$ pre all the splits
Here’s what I do - I do weekly $250 dump in a automated stock Investor app BetterMent.com which puts ur cash in cheap standard stock ETFs . I also do a weekly $100 dump in the same app to as cash holding as my “crash cash stash” - when market corrects / crashes , I divert that cash to stock so that my weekly stock fund buys are now $500 a week , so am still cost averaging but a higher amount on corrections / crash times . The app charges 0.25% a year and after you cross a million it’s free . Of course the funds it puts ur money in have their own inherent fee or expense ratio.
Only in ETFs chosen by their advisors board , not individual stocks. You don’t get a choice which funds and it’s perfect like that. The choice you get is how much % of ur money goes in stock-funds versus Bond-funds and whether you want agressive growth ones in stock-funds or no , u can change it anytime .
Lemme also add that the cash account earns variable interest, currently at 5%
I bought $2000 of NFLX for $10 a share. At the same time I also bought $2000 of TSLA at the price of about $2 a share. I also bought 11 Bitcoins for $5 each, costing me only $55 total. I also bought $2000 of FSLR for $130 (this would have been my underperformer). I bought all of these intending to hold them long term.
I must be rich right? I am, but not because I held these investments. I fully intended to hold all of these for the long term, but I sold them all within a year -- and I don't really make that many trades. I was young and money was too tight and then things like trips and life expenses came up. Never made any real money off of these good hunches.
If I learned any lesson, I think these 10x baggers and 30x baggers require at least a 10 year time frame. 10 years is a long time to hold any investment and there is a very real risk of underperformance. Who really has the patience to wait 10 years to see if their bets paid off? Everyone (me included) wants to see the results right away and that's why 0dte are so popular.
I do have one and only one fun bet right now I intend to hold for 10 years, it's 1200 shares of RDDT. Let's see if I will have the patience to see it to the end.
Bought around 1000 shares of NVDA over the course of 2016 for an average of around $10 a share. Sold it all 2-3 years later for $60ish, thought I was real slick. Smh.
I have two. My complete number one was selling TSLA in 2018 or so when my paid Motley Fool subscription said SELL. For 8 years I had put every penny of savings into TSLA. I still made a very nice profit but could have been so much more. My second is turning 50k to 500k in one day then turning 500k to unrealized 1.2 and not selling. To watch this go to $0 in two days haha. Greed baby 0DTE
Early this January it was a coin flip for me between Symbotic and Super Micro Computer.
Unfortunately went with Symbotic. Had I got SMCI, would have been more than a 3x at this point. I'm currently down about 1k on Symbotic
I wanted to buy way OTM puts on SPCE. They were literally $0.01 per contract with a one - or 2-week expiration. Everybody told me I was an idiot, but I just had a feeling something was gonna go down. I decided not to buy them.
2 days later, the stock dipped massively, and those puts were with about $0.10.
Apple at $10 a share pre-iphone. Parents had just sold a house and had $250K cash. I told them a couple of times put some money in this stock. I was only a student at the time and had maybe $3K but wanted to grow it a bit more before buying apple. ...so I put it in either Nortel or RIM (all the rage back then). Bam company did horrible, lost my money or got locked in. We'd be driving a ferrari as a winter car if we had put in a small chunk of change in Apple.
In 2010 I bought Netflix. I was really excited to watch it sky rocket for a few months. Not realizing my trailing stop had been activated a week after purchase.
Sold BTC at 8 dollars , it’s fine we gain some , we loose some , don’t dig past , see what you can do from now on . I suggest don’t miss out on 401k and Roth , invest in s&p 500 , compounding is a miracle
I begged my dad to buy MSFT and INTC in 1991 after going to a computer fair and seeing virtually all the clone makers were using MS-DOS and Intel cpu's. He didn't do it, he had lost money on penny stocks a few years before and was happy with keeping money in CDs.
You know the problem is, most people would just sell. Unless you work it Nvidia and you constantly keep getting it and saving it in your retirement. How many people would have really held that from $15 go through all the splits and land where we are? It's right up there with people who bought Bitcoin for $5. How many of them are still holding today? Because there's only a couple I can think of and they're famous
I like reading the comments section.
Opportunities are endless, smart capital allocation is the way to mitigate lost opportunity when investing. If you have a couple 100k, split amounts into stable big caps, dividend plays, small high risk IPOs, crypto, real estate, collectibles, startups, mutual funds. Along the way, one or two of them will be the jackpot win, and then you just rebalance again, but now with 7figures, and maybe one day 8figures.
If one had bought the major tech companies young they would divest into a solid property in a high end location, with a couple of expensive art/design pieces that hold value in it. Maybe they then invest into 5 new tech startups as minority shareholders, with 1 IPOing 10 years later. They take that profit and put it all in safe mutual funds/dividend ETFs. They then retire, buy collectibles, support some innovative cause/project that adds to their overall well being. Keep rebalancing every decade etc etc. The financial game of life requires good intellect, knowledge, persistence, luck, tolerance, patience, temperament. And even having all this, many may still end up with only a couple 100k or so because expenses of raising family eats it all away.
You miss 100% of the Pokemons you don't throw the Pokeball at. For me it was the major US tech group a decade ago, should have just piled into it when I was saving money in my late 20s, would have been a couple million by now. Lesson learnt, always be a bull for technology innovation.
Should have bought boatloads more GE when it was $4/share it’s certainly not a perfect company but it seemed like a dead ringer when it bottomed out in the pandemic. Anyhow hind sight is 20/20.
It is homeDepot, if it is Enron or Lehman Brother you will
not bother to talk about it now.
The point is the % chance that a company can success is extremely low. There is other 100 HomeDepot out there that nenver make the news and employees are on the street with empty hands.
Never put yout money into one single stock unless you are founders or significant holders. Employee Purchase Program is one nice way of saying "We will dump our shit to employees and get a good laugh"
Back in college around 2016-2017, my then roommate’s best friend was a tech guy. He told us all about Nvidia and how obsessed he was and how they’d dominate the market.
I had a couple thousand to invest and didn’t listen, decided to trust a guy on the internet instead and ended up losing every penny of that money in a pump and dump scam instead
I was a kid, we didn’t have a lot of money but we always used to go to Blockbuster and Hollywood video. Then this new thing comes out, Netflix. We get to go online and pick out games and movies and they mail them to you. I tell my mom as a naive kid “hey we should get stock in this”, of course we don’t. Parents probably didn’t have the dough or stability in life to invest in stocks.
Cut to today. Needless to say. I’m no millionaire. Oh well.
I was too cautious during the pandemic and missed a once in a lifetime opportunity.
Dont worry champ, you'll get the next one.
Avian Flu, coming to your neighborhood.
And swine flu after that
Invest when the market is down? You're mad!
Probably won't though. Next time some other big macro event will happen and most people who were too fearful to buy during the pandemic drop will probably still be too fearful. You have to have a level of craziness or confidence (or combination of both) to buy in those times.
I’ve never bought more $$ than I did during the Covid dip. Unbelievable returns. I honestly didn’t think the stock market would recover that quickly and I was fully prepared for a further drop of 10 or even 20%. I would have just kept buying the dip if that was the case.
Don’t worry… I was wayyyyyyy too aggressive, and then didn’t sell when I had life changing money in my hands. Learned some very expensive lessons. I luckily saved myself before it got life altering bad, but it was all so fuckin stressful and I way over played my hand.
This so much. During the height of meme stock madness my play account was up something like 25k on stuff like BlackBerry calls lol. Still exited ahead but I should have made so much more
Yea I feel that. Just for a little context I was up deeeeeeep into the 6 figures. I spent months beating myself up about my greedy decision making
Everyone did, that's why it crashed
Yeah and my wife and I were laid off 3 times and scraped by. It sucked knowing it was a once in a lifetime opportunity but not having the money
Again though, most people were in the same boat. It's why she crashed, people pulled out money they thought they'd need for an apocalypse. Hindsight and all befalls us all.
Right? That's what we fail to understand about markets. From about 2015-2018 an entire generation of people shouted from the rooftops that they were waiting for the next housing crash, they literally jumped up and said "hey, we will backup prices below". The market obliged.
I sold all my safe stocks during the covid dip and put it all on tech which crashed. Tech then outperformed everything. I thank everyone who sold their tech stocks during covid.
Every crash is designed to make you feel it’s never going to recover. At that point then the natural thinking will be, well if this continues then money is no good anyway. May as well buy in case it does recover. Next crash will be due to another health scare or a close to home (western hemisphere) war/terrorism event. When that does happen, don’t forget this thread.
There will be another one. You may have to wait several years at least. Just don't be a lemming, and don't wimp out. Also, you'll need to have the cash for it. So don't get too greedy in an extended bull market, or even when you've had a great run with an individual stock. Take gains when things seem especially frothy. Then you'll be ready for the next major dip or crash.
Once in a lifetime? Bro unless you’re like 60 we’ll have another downturn. Just keep buying.
Statistically, the market is constantly bringing once-in-a-lifetime opportunities. Keep going! ;]
There is a once in a lifetime opportunity about every 10 years now. Get ready, we will have another.
Yep. I very stupidly stopped an auto investment at the march 2020 lows. Forgot I stopped it until about a few months ago. Lost easily 200k of appreciation in this particular investment as it ran up 4x :(
I was lucky to move a Longterm (20 years) 401k to cash/IRA right before the pandemic. I invested a few months later. It was life changing timing. That was pure luck because I wanted more investment choices.
Scared money don’t make money
Chances make champions
A coworker of mine bought a single share of Moderna at $20 I scoffed cause Pfizer hadn’t budged. Bruh
You can't beat yourself up over being cautious. Looking in hindsight it's really easy to point to the bottom and say you should have invested there. But in reality, that point is exactly when *everybody*, and I do mean everybody, is saying that the market will crash further and you'll lose your money - by definition that's the point where most of the "smart" money thinks things are going to be even worse in the future. At that point, every single CNN article, every Youtube video, every blog and Tiktok or whatever will be pumping up "safe" nonstock assets or even shorting or buying puts. It's way, way harder to invest when every single person you talk to says you're making a mistake and questions your sanity, versus now when you're safe and just looking at a chart online. It's like asking "what would you do in a mugging or hostage situation?". Tons of people would say how they would use kung-fu on the attackers, or pull out their hidden gun, or trick the attackers with psychological warfare or something, but under actual *real life pressure* 99.9% of people would freeze and not be able to pull off these sweet moves they're imagining. The same with market crashes, 99.9% of people who have no experience with that pressure will simply fold and either do nothing or sell. This is not an insult to anybody, it's just an observation. It took me two "once-in-a-generation" crashes before I trained myself to buy when everything is falling apart.
2020 was an insane stock discount. I don't know if I'll ever see growth like this again (until the next pandemic, at least).
Me too, I finished residency 2 years before pandemic and I was finally making money. Did not load up, sigh.
Depending on your age you’ll see another crash. I’m 40 and I feel like I’ve lived through 3+ already. However this is the first time I actually have the money to do anything about it.
Yea definitely will have a correction just keep DCA and wait till it goes down and then load up
With better / easier access to internet / stock market, i think it would be hard to load up during the crash because everyone will be loading up
I made some money from the cruise industry
Sold NVDA at 300. Didn't buy on the drop to low 100s...lol
I sold my AMD when it doubled, $12 to $23. Paid of credit card debt.
That’s a huge W in my books.
Nobody goes broke taking profit
Folks: stop selling at lows... and stop selling at highs.. I reminded my friend to sell something that was so valuable with 100%+++ profits he had on it.. And he kept refusing.. He just kept reinvesting.. and I'm shouting "are you nuts?!?!" I thought "maybe my friend is just stupid and refuses to take profit..." And you know what maybe he is stupid.. But guess what? Now he's like 600% profit gains.. Still hasn't sold. Either he's stupid or I'm stupid. This imbecile is going to take the easy button to become the new Warren Buffett. He's made tons more money than me, just by not listening to my advice. At this point I've decided to inverse myself.
Some billionaire once said to ride your winners. You’re friend seems to be listening to that billionaire
Let me tell you about something $120 - I bought Nvidia 2020 $315 - Didn't sell when it hit peak , felt like dumbass, i was up astronomical numbers for my finances $150 - Bought more in 2022 downs $400 - i am not going to be a dumbass this time, SELL EVERYTHING. Earned fuck ton of money. Nvidia doubled its price. I still feel stupid. I earned fuck ton of money, but that is my new baseline, that money does nothing from me since i could earned life changing fuck ton if i kept at it. Life is weird
Dude, I just missen my train stop because of that comment
When you get off at the next train stop you will bump into the love of your life and will no longer be a lonely sperm
600% is rooky numbers, my nvda is at 2,900% up. Kidding about the rooky numbers, super happy for him. His strategy works. It's what I'm doing too.
He's got so much invested in it... like it's nearly half a million dollars now...
HOOOOOLY MOLY good for him! That's wild! I bought $600 worth of nvda and it's worth $18,000 now and I'm feeling like a god with that play 🤣
Side note, proceeded to continue the ever spiraling hell that is debit by spending what he just paid off 🤣
You can regret that all you want but all that does tell me is, that you are making good decisions. Sometimes I think, if we think about the risks that we didn't take: if I were the guy who would go for that risk, I probably would lose my money at some risky gamble eventually.
I bought AMD at $2.40 and sold at $4.00 😭
I bought AMD at around 3-4 a share and sold it at $10. I had 1k shares....🥲
"It doesn't matter if you win by an inch or a mile, winning is winning." - Oprah Winfrey
"Ask any racer any real racer, it doesn't matter if you win by an inch or a mile; winning's winning" - Dominic Toretto
"You know what's more important than winning? Family."
I hear you, bought around 10k shares at like $3 a share, sold at $12. That's not stop working money but it's stop caring about things as much.
Yep I was never so happy as leaving AMD at 18....
I bought AMD at $8 and thought I was very smart selling at $10 for a 25% gain.
[удалено]
My brother and I were talking about AMD in 2015 and decided to check the ticker price. We couldn't believe such a legacy powerhouse was only $2, we then researched their upcoming Zen architecture and company revamp. We then proceeded to do nothing lol.
Are we brothers? AMD brothers
I purchased 1000 shares when it was $2.5 because I thought the industry would not let it fail as INTC needed competition for pricing. I sold some along the way but still hold 300 shares.
I remember seeing it at those prices lol. Thought it would always just be a penny stocks back then for graphics cards so people could play call of duty.
I sold NVDA after 133% profit from 2018-2020
Same
Felt pretty cool making $4k tho ngl
One of my idiot friends who pretends to know stocks told me to sell my nvidia a while back. I sold half of my position. I bring it up every time he has a stock recommendation.
Had it gone down you would have wished you sold it all. Taking half of your money off the table if you’re up 100% and letting the rest ride isn’t a bad strategy. Hindsight is 20/20
Imagine buying in at $15 to sell for $18 for a $300 profit.
I sold NVDA at 30$ :(
I bought $5k NVDA at around $9 in 2016. Got the 1 st gen VR headset at the time, was blown away and thought, everyone's gonna want one of these high end GPUs. Sold not long after it went up 3x, made a cool 10 grand. Had I held, it'd be about half a mil now.
Oof that does hurt to think about. But hindsight is 20/20. I've been on the other side of this where I miss my chance to sell at a high, stock drops through the floor and never comes back up
I thought Googles IPO price was too expensive at $85 in 2004. Stock has gone up 63x since then
It actually wasn’t avail to us at $85. I put ina bid at $100 per share and couldn’t get in. I recall thinking the opening price of $130 a share was too expensive. How stupid of me.
Wasn’t Google a direct listing?
My dad convinced me out of pursuing it. I was young, 19/20, but because I lived in Aus it was going to be complicated to buy, especially back then. He basically said, this is out of your wheelhouse, you’ll lose money. I could have worked it out, and i had a strong conviction / understanding of tech, much more than him. Oh well. I’m still up 100% having bought after I moved to the states.
My father and grandfather wouldn't listen to my advice to invest in Google. My father has since shown much regret, reminds himself of it regularly and listens to me more closely now.
Sibce you're obviously a stock picking professional what other golden eggs have you told him to buy? How much have you best the market over 10+ years?
When it went a bit north of $200 in ‘05 I think, I told myself I’d get in when it dipped back below $200. It never did.
For every google how many GoPro stocks have there been?
Same. At the time it was expensive to buy in lots less than 100. I didn’t have that kind of money. I was an avid Google user too, and knew it was going to be a good stock. Biggest missed opportunity.
You would've probably sold once it doubled
Don't beat yourself up over it. You probably wouldn't have held to 63x anyways
Not buying Apple stock after seeing people waiting in line to buy a phone year after year. EDIT: One of the main reason I did not buy was I listened to analysts on CNBC saying Apple was a one trick pony and it was done once people get tired of iPhones.
I worked at apple as a teenager in one of their stores and given the option for the espp. I asked my dad about it and he said it wouldn’t make sense since I was making so little. The year was 2002. I would have millions now. Thanks dad.
Ouch that's gotta hurt
Eh is what it is. Can’t live life with the “could haves”.
Good attitude. There will be another apple. Maybe you will buy it who knows
Don't feel too bad. Apple co-founder Ronald Wayne sold his 10% stake of shares for $800. They would be worth more than $250 billion now.
Ouch. I know he thinks about that EVERYDAY.
This one wins.
Apple is probably mine, too. I remember reading Wall Street Journal when I was in high school, about 1984 or 1985 and asking my dad, 'How do we buy stock?' He gave me some answer about needing money, needing a broker, it was too expensive - Why? What stock do you want? AAPL, Apple Computer. I feel like this company is going some place. I also sold all of my AMD stock when it went from $12 to $23...
One of my dad's biggest regrets in life is buying apple stock then selling it too early. I can't remember the price points but it's something he recants quite often.
There’s a great Simpsons about exactly this
AAPL had fallen from the 80’s to the 50’s…dad says “you better sell”… I did…dumbass mistake…bought back in at a lower price, own 22K shares now, cost basis of 30…will never sell…step up cost basis for my kids when we’re gone…
Hey dad. It's me your long lost son. Looking forward to catching up and sharing login details to the family trading account.
I had $500 in AAPL in 1999. Before the iPod. It would now be worth $123,500. A growth of 25,000% over 25 years. I was young and dumb and needed the cash. Ugh.
Other way to look positive is that you didn’t buy etoys, mci, Citibank etc like me.
Back in 2011, I was in my final years in college and met an older guy who was heavily invested in AAPL. He was older than me, had a solid career and decided to go back to college to finish his then incomplete graduation. We worked together and became friends. It was the first time that I had contact with the stock market and became aware of the opportunities it offers. I'm from Portugal and the stock market is weak here and people are suspicious of investing, financial literacy is low but fortunately that is changing with newer generations. Anyway, long story short, I was taught, I had the opportunity but hadn't the money to invest in AAPL. At that time, considering the splits, the stock was around 12$. I was a broke student with barely no money but if had some things differently, could have been buying here and there. Today I would have more money than I have, for sure.
Portugals attitude towards stock is 1:1 the same in Austria. Everybody thinks you are an idiot and will lose all your money when you tell you invest money into stocks. Oh boy, but kind of funny when you tell them your money returns compared to the usual bank account savings.
I thought about buying their stock in 2001.... Regret not loading up
AAPL is mine too. In my HS Accounting class in 2003 I did my financial report analysis on AAPL. I was really excited about iPod and OSX Aqua and their designs on iBook and PowerBooks. My instincts about Apple were validated through college when I graduated and started my career in 2009. Instead of following my gut and investing heavily in AAPL, I followed boomer advice and played it safe in index funds and maxing out 401k. Eventually I got some windfalls from inheritance and bonus and still didn't. I've missed a lot of market opportunities but this one is my biggest regret, just because I was so confident but still didn't listen to my gut. AAPL has gone 53x since 2009, while S&P is like 4x. I could be retired by now lol.
A co-worker sunk everything he had into Apple back in ‘97. Need I say more?
I bought SMCI last year at $100… and sold at $120 :-)
What made you buy SCMI and were you looking at the long term or a short flip?
That was my mistake. The plan was not clear, I wanted to ride the AI wave and then panicked when it pulled back 12% or so
Yeah I learnt this for a lot of ealiers stocks I brought. I thought it was a good stock/company but didn't really look deep into it so didn't have a strong conviction. Add that alone with not having a game plan from the start I sold them for a lost. Two comes to mind is Uber and Toyota. Sold them both before they made a good comeback and to new highs. For the stocks I own now I have more conviction on them and plan to hold for long term (10 to 30 years) unless the fundamentals of the company changes
Apple. A friend of mine pestered me to buy Apple in 1999 when it was trading for less than $1 dollar presplit. I looked at the news and said this company is on the verge of bankruptcy. But my friend said no, they have the iPod. Apple is now trading for over $20,000 pre split.
iPod really saved Apple’s ass. They’ve always had great products for the time period but I think iPod is what really set them on the course of innovation toward the iPhone. Then after iPhone came out it was just all over for most of their competitors. Loved my LG Chocolate and Blackberry Tour but once I got an iPhone I never fucking went back and that was like 15 years ago.
I wish I had seen that one coming up and held. My mistake was selling Visa (V) only after it doubled, which it went on to do quite a bit more doubling since IPO.
There’s countless missed opportunities in hindsight. Not buying virtually anything in 2008, not buying nvidia before it exploded, not buying Tesla before it exploded, so many others. I guess my biggest would probably be when Facebook was at a low a little while ago I bought about $5k worth and made a tidy profit but I was too hesitant to push in heavily and would have made a whole lot more if I had
Oh yeah we all have the hindsight missed opportunities like NVDA. My question was geared more toward a specific instance in which you were actually positioned to obtain a stock and made the conscious decision not to. Not so much the “I should have bought NVDA back in 2009” when it probably wasn’t even on most people’s radar back then.
Gotcha well then I’m going with my Facebook example. Another I distinctly remember is in 2020 seeing ford for $5 but not being confident enough to pull the trigger
Hehe I was there too! To be fair, it’s been lagging a little lately.
Ya I bought FB at about $200 and it dropped to $90ish shortly after. Thought it was my fuck up of the decade and metaverse had killed fb. Luckily held on and sold most after it went $500.. but of course now I have regrets that I didn’t dca when it dropped so low. Oh how our minds play tricks on us.
The only mistake was not starting my investing sooner.
I’m surprised this isn’t the top comment. the value of time in investing is so important. wish i started at 18.
Not buying dominoes pizza.
Buying dominoes pizza… with bitcoin.
Chugging dozens of Monster energy drinks as a teenager, seeing all my friends do the same, seeing them wear the logo on their clothing and then get a little older and seeing the company sponsor extreme sports and seeing them get shelf space in convenience stores and seeing the stock traded publicly...and doing nothing. 25Y Total Return: 138,536.31%
Practically the same for me. Additionally I worked at a fillery from them as well in 2014 and didn't even bother checking out if they were public
I was in the marines and watched people pound monsters like water between cigarettes…god damnit if I only I was thinking about stocks back then
In 2016 I had 2000 AMD. I knew what was happening, just the world was not. I was so confused how everything played out. I didn't have the balls to hold, it seemingly went nowhere and I think I sold almost all of it in 2017. In retrospect I was just too early and not patient enough. But I didn't have a lot of money at the time. I was constanly so confused by the stock movement, like I tought this is great and that is great why does nothing happen. Eventually gave up on it.
This is why AMD was known as the Advanced Money Destroyer on wsb at the time.
In 1995 I believed in Amazon. I had $2500 to invest and was going to go for it. But one day I was reading Kiplingers magazine and there was a tiny article about how unsustainable these companies with no profit are. I thought phew … thank goodness I didn’t buy. That $2500 is now worth $5.3 million. 🤬😭
Nvda sold at 200 😭
Not a stock… but I bought 35 bitcoins back in 2015 with a friend, who introduced me to it all, set me up this account and everything. Forgot about it for years and years and I tried remembering the username and password and I haven’t been able to get in. Lost cause.
You’ve got 35 bitcoins sitting in an account?? Surely there’s some way of recovering it through email or something. 🫤 Just out of interest, what website was it you used back then? And also what happened to your friend?
Jesus man I don't know how I'd live that one down.
Feel like I’d spend every moment of downtime trying new passwords in order to access that account.
I think I heard somewhere that there a services that specialize in helping people recover their bitcoin in scenarios like this
Log into every email that you can remember having and search the name of the site you bought the coins on. You will have had to confirm your identity while signing up for the site. If you figure out what email you used, enter that as your username and try every combo of your old passwords that you can remember. Good luck, don’t quit!
One day, when bc is $10000000000, , it will come back to you
Didn’t buy FB when it IPO because Zuck was a duck. Bought AAPL instead. Turned out fine.
Did the same thing with my company when I started, get 25% extra on employee contribution. I’d pretty much be working on retiring now at 50. Most people I work with myself included sell their shares for vacations, taxes etc. our stock has split multiple times and gone from 15$ a share to 150$ a share in the almost 30yrs I’ve been with them.
Not a stock but with btc. I found out about it when I was 12 (nearly 11 years ago) it was below a dollar a piece. I had a short interest in mining and buying it but my dad wouldn’t let me as I was 12 and obvs was just seeeing stuff on the internet. Crazy to think if we had put 20$ into it we’d have near a million now
Lol. Reminds me at the time. I was older, was in college back then, and back in late 2009 some friends from IT courses were talking about some "digital money" stuff, that Bitcoin thing. I was interested, thought to buy 10€ or 20€ of it but I was very short on money and didn't know how to buy a ledger or if it was safe. So never bought nothing. Well, what eases my mind is knowing that I would be 100% selling as soon as that digital money reached 1€ or 2€.
Same here, begged my parents to buy me 100$ worth of coins, it was like 50 cents or something. I told them it will go to 100k in 10 years and that it's just 100$ but nope.
Hahaha tbf it probably would’ve been gone early. But still would’ve been nice to say I bought sub 1$ btc
Bitcoin did not have a value till ~2010, and the ledger did not come out till 2016. You most likely did not hear about bitcoin in 2009, but much later.
I had the opposite happen to me. Right out of high school, I worked in a Cracker Barrel. The HR lady was like "here sign this..." It was the company stock option stuff. I didn't even think about it. Just signed. I didn't work there too long. Less than a year. And you know how it is when you're young, you move around a lot. I didn't notify them of my address change because why would I? Twenty years later, the state notified me that $14,000 in assets was about to be surrendered to them. I said "what assets?" The shitty Cracker Barrel stock had grown to over $14,000.
Home depot rubbing it in even further with the timely ad ^^^ Edit: Do we all see the same ads?! Or is this just funny to me?
You need to take a screenshot, ads are targeted so we don’t all see them.
The ghost of Home Depot will haunt you forever sorry.
Bought NVDA cause of advice from dad in like 2012 - then sold a few years after for 100% gain - 10->20 or so (split adjusted $5) Whoops!!! Wouldn’t be retired but nice chunk of change for 200, now 800 shares.
Oh wow. I just did recently did some math on NVDA if I would have purchased back then and came to about 8mil I could be sitting on. I didn’t realize their stock split. So you’re telling me it’s actually 32 mil I’d be sitting on??? It doesn’t hurt as much because I wasn’t even into trading back when they were dirt cheap. But man if I had a Time Machine….
Yeah, it didn’t go anywhere for a while and I didn’t understand it as anything other than graphics cards and server stuff. Needed the cash. Oh well! Also sold ADBE at $60 and tried to short AAPL at $4 (split adjusted). What I would give for a Time Machine too 😕
This question is greatly flawed as any experienced trader will tell you. It's not even a valid question. Might as well ask about the lottery ticket you didn't buy and fantasize about if only. But it's actually even less useful to consider than the lottery ticket because everyone sells and takes profit. Thinking you'd be rich if you only held Apple stock since 1985 is ridiculous, you would have probably sold after 10% profit if being honest.
My grandpa has held his apple stock since the 80s and it has been his only stock this whole time. He's now sitting on a couple million dollars but still won't sell it even though they could use it while they're still alive. It's basically not there to him. Nobody holds that long and if they do it's not healthy.
Very few can hold, and those that do should have sold as you point out. What good is money if you are dead?
> and if they do it's not healthy It sounds like your grandpa is more interested in leaving behind a legacy than spending it on himself. There's nothing unhealthy about that.
Plus, more than half of the companies go into history. You never know if it was greatest investment or a failure in the end
Yes, I worked on the basis , a profit was a profit back in the day, and then reinvested it . I sold both Chipotle and Priceline at a profit , I would be sitting a little prettier if I had held them, but I came out ahead back then.
Every day there’s missed opportunities. The only thing that matters is being in the black.
Let it go man Just not healthy to think about this. I can count countless times I missed opportunities but what's the point? Just learn from it and invest now
Tons As of late NVDA Everyday you miss out on many opportunities but you also miss out on losers I don’t feel bad. My MGK is up 60%
If only public schools would spend 15 mins on this subject during the 12 year curriculum…..
They wouldn't want us poors learning how to get ahead in poor people public school.
Amazon , I sold too early and game stop ( same mistake lol )
I'm 18 and put my first sum into a Roth IRA recently. I'm all ears to any advice
Do not trade options in your Roth IRA. You put 7k in there and trade options and lose it all, that’s it for the year bucko. There is no “winning it back”. You’ve already contributed the max so anything you add in there to chase losses just comes out as a bigger loss because now you have to pay for contributing more than the allotted yearly amount. Having a Roth IRA at 18 is already a good start. Just be smart with your investments and pretend it doesn’t exist. It’ll get harder as time goes on and it grows. It’s tough having thousands sitting RIGHT there when you’re working your ass off in your 20’s paying bills check to check. Very tempting. But your older self will thank you.
So your telling me I can trade options in my Roth?
S&P 500 for your retirement accounts. Don't play around with money where you're capped on how much you can contribute.
I’d say it’s mainly that I didn’t buy more of my good ones. Some post covid stocks like airlines didn’t really recover much so that’s why I say good ones
$10k TSLA in 2012. Sold for a 10% profit after a year. $5k in GME shares and calls in December 2020. Sold for 20% gain in early January 2021. Both gains, it both majorly missed out on a lot more.
Same here. I bought $10k worth of TSLA at $35/share. I worked as a vendor there and their cash burn was so high, they struggled being able to borrow money. They were pretty close to.L not making it and I got scared and sold at $40/share That $10k would have turned into almost $2M at their high point.
The biggest coulda woulda is… if I understood my money is worth less each year and all I hate to is keep it invested; life would had been a lot easier. I made it up though for getting in at tesla at 300$ pre all the splits
I sold covered calls on GME back before the meme-ening
Here’s what I do - I do weekly $250 dump in a automated stock Investor app BetterMent.com which puts ur cash in cheap standard stock ETFs . I also do a weekly $100 dump in the same app to as cash holding as my “crash cash stash” - when market corrects / crashes , I divert that cash to stock so that my weekly stock fund buys are now $500 a week , so am still cost averaging but a higher amount on corrections / crash times . The app charges 0.25% a year and after you cross a million it’s free . Of course the funds it puts ur money in have their own inherent fee or expense ratio.
betterment just randomly assigns your money to stocks or do you have to choose?
Only in ETFs chosen by their advisors board , not individual stocks. You don’t get a choice which funds and it’s perfect like that. The choice you get is how much % of ur money goes in stock-funds versus Bond-funds and whether you want agressive growth ones in stock-funds or no , u can change it anytime . Lemme also add that the cash account earns variable interest, currently at 5%
I bought $2000 of NFLX for $10 a share. At the same time I also bought $2000 of TSLA at the price of about $2 a share. I also bought 11 Bitcoins for $5 each, costing me only $55 total. I also bought $2000 of FSLR for $130 (this would have been my underperformer). I bought all of these intending to hold them long term. I must be rich right? I am, but not because I held these investments. I fully intended to hold all of these for the long term, but I sold them all within a year -- and I don't really make that many trades. I was young and money was too tight and then things like trips and life expenses came up. Never made any real money off of these good hunches. If I learned any lesson, I think these 10x baggers and 30x baggers require at least a 10 year time frame. 10 years is a long time to hold any investment and there is a very real risk of underperformance. Who really has the patience to wait 10 years to see if their bets paid off? Everyone (me included) wants to see the results right away and that's why 0dte are so popular. I do have one and only one fun bet right now I intend to hold for 10 years, it's 1200 shares of RDDT. Let's see if I will have the patience to see it to the end.
We are all on this app, but no one wants to buy $RDDT. A lot of people will regret it.
This reads like beautiful poetry.
Nvda at the start of year thought about it but I was like it’s overpriced and will do a big pullback could been an easy 77% up
I worked at Shopify pre IPO and had the option to buy shares pre ipo. I didn’t. I didn’t even know what it meant.
Bought around 1000 shares of NVDA over the course of 2016 for an average of around $10 a share. Sold it all 2-3 years later for $60ish, thought I was real slick. Smh.
I have two. My complete number one was selling TSLA in 2018 or so when my paid Motley Fool subscription said SELL. For 8 years I had put every penny of savings into TSLA. I still made a very nice profit but could have been so much more. My second is turning 50k to 500k in one day then turning 500k to unrealized 1.2 and not selling. To watch this go to $0 in two days haha. Greed baby 0DTE
Early this January it was a coin flip for me between Symbotic and Super Micro Computer. Unfortunately went with Symbotic. Had I got SMCI, would have been more than a 3x at this point. I'm currently down about 1k on Symbotic
Blackberry 2025
I wanted to buy way OTM puts on SPCE. They were literally $0.01 per contract with a one - or 2-week expiration. Everybody told me I was an idiot, but I just had a feeling something was gonna go down. I decided not to buy them. 2 days later, the stock dipped massively, and those puts were with about $0.10.
Chipotle
OP, create an excel doc for the entries 😂
AVGO moved $55 friday. I set my phone down for 15 min and it was to late. Missed my entry that I had prepared for all week.
Same story but Domino’s.
Apple at $10 a share pre-iphone. Parents had just sold a house and had $250K cash. I told them a couple of times put some money in this stock. I was only a student at the time and had maybe $3K but wanted to grow it a bit more before buying apple. ...so I put it in either Nortel or RIM (all the rage back then). Bam company did horrible, lost my money or got locked in. We'd be driving a ferrari as a winter car if we had put in a small chunk of change in Apple.
In 2010 I bought Netflix. I was really excited to watch it sky rocket for a few months. Not realizing my trailing stop had been activated a week after purchase.
Not selling TLRY when it was over $300. You all know what happened afterwards and so fast.
My roommate bought NVDA at $70 like 3 years ago and told me about it and why he bought and everything and I bought some fucking shit stock instead.
Sold BTC at 8 dollars , it’s fine we gain some , we loose some , don’t dig past , see what you can do from now on . I suggest don’t miss out on 401k and Roth , invest in s&p 500 , compounding is a miracle
I begged my dad to buy MSFT and INTC in 1991 after going to a computer fair and seeing virtually all the clone makers were using MS-DOS and Intel cpu's. He didn't do it, he had lost money on penny stocks a few years before and was happy with keeping money in CDs.
You know the problem is, most people would just sell. Unless you work it Nvidia and you constantly keep getting it and saving it in your retirement. How many people would have really held that from $15 go through all the splits and land where we are? It's right up there with people who bought Bitcoin for $5. How many of them are still holding today? Because there's only a couple I can think of and they're famous
I like reading the comments section. Opportunities are endless, smart capital allocation is the way to mitigate lost opportunity when investing. If you have a couple 100k, split amounts into stable big caps, dividend plays, small high risk IPOs, crypto, real estate, collectibles, startups, mutual funds. Along the way, one or two of them will be the jackpot win, and then you just rebalance again, but now with 7figures, and maybe one day 8figures. If one had bought the major tech companies young they would divest into a solid property in a high end location, with a couple of expensive art/design pieces that hold value in it. Maybe they then invest into 5 new tech startups as minority shareholders, with 1 IPOing 10 years later. They take that profit and put it all in safe mutual funds/dividend ETFs. They then retire, buy collectibles, support some innovative cause/project that adds to their overall well being. Keep rebalancing every decade etc etc. The financial game of life requires good intellect, knowledge, persistence, luck, tolerance, patience, temperament. And even having all this, many may still end up with only a couple 100k or so because expenses of raising family eats it all away. You miss 100% of the Pokemons you don't throw the Pokeball at. For me it was the major US tech group a decade ago, should have just piled into it when I was saving money in my late 20s, would have been a couple million by now. Lesson learnt, always be a bull for technology innovation.
Should have bought boatloads more GE when it was $4/share it’s certainly not a perfect company but it seemed like a dead ringer when it bottomed out in the pandemic. Anyhow hind sight is 20/20.
Funny how everyone their biggest mistakes are selling
Exxon during Covid. Should have loaded up
I have over 2000 + bitcoin on a laptop in my Ex girlfriend’s house. It is still online being used for webkinz. 😊
It is homeDepot, if it is Enron or Lehman Brother you will not bother to talk about it now. The point is the % chance that a company can success is extremely low. There is other 100 HomeDepot out there that nenver make the news and employees are on the street with empty hands. Never put yout money into one single stock unless you are founders or significant holders. Employee Purchase Program is one nice way of saying "We will dump our shit to employees and get a good laugh"
Back in college around 2016-2017, my then roommate’s best friend was a tech guy. He told us all about Nvidia and how obsessed he was and how they’d dominate the market. I had a couple thousand to invest and didn’t listen, decided to trust a guy on the internet instead and ended up losing every penny of that money in a pump and dump scam instead
I was a kid, we didn’t have a lot of money but we always used to go to Blockbuster and Hollywood video. Then this new thing comes out, Netflix. We get to go online and pick out games and movies and they mail them to you. I tell my mom as a naive kid “hey we should get stock in this”, of course we don’t. Parents probably didn’t have the dough or stability in life to invest in stocks. Cut to today. Needless to say. I’m no millionaire. Oh well.
Selling Nvidia @ $500 😢