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Old 02-02-24, 11:34 AM
  #1396  
AMIRZA786
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Nvidia is where I completely missed the train. Thanks for reminding me bud
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Old 02-02-24, 11:54 AM
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Originally Posted by swajames
With NVIDIA up again today and the talk yesterday about Tesla's 10x returns warranting the disputed pay package it reminded me to revisit NVIDIA's performance.

Over the past 5 years, NVIDIA is up 1686%. Over the past 10 years NVIDA is up 16,583%.

TSLA over the same periods turned in 820% and 1409%.

NVIDIA also has roughly 3x larger market cap than TSLA.
How many shares of NVDA do you own?
Old 02-02-24, 12:29 PM
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Originally Posted by LeX2K
How many shares of NVDA do you own?
NVDA is my second largest position after TSLA. APPL is my third largest.
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Old 02-02-24, 12:33 PM
  #1399  
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NVDA is my 3rd largest. Of course that could mean I have 1 share. My 2nd largest is run by the cousin of Jensen.
Old 02-02-24, 12:46 PM
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Originally Posted by swajames
NVDA is my second largest position after TSLA. APPL is my third largest.
and you're still working, why?
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Old 02-02-24, 12:55 PM
  #1401  
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Originally Posted by AMIRZA786
Nvidia is where I completely missed the train. Thanks for reminding me bud
There have been many trains. Apple, Bitcoin, AMD, Google, Amazon. I almost missed the next train, well I sorta did but sprinted to the next stop and got on board. Why didn't you have 20/20 hindsight?
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Old 02-02-24, 12:57 PM
  #1402  
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Originally Posted by LeX2K
There have been many trains. Apple, Bitcoin, AMD, Google, Amazon. I almost missed the next train, well I sorta did but sprinted to the next stop and got on board. Why didn't you have 20/20 hindsight?
I blame God
Old 02-02-24, 12:57 PM
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Originally Posted by swajames
It's not the end of the world, it's easily fixed via OTA, but it wouldn't have been necessary if Tesla had simply followed the law.
Requiring OTA fixable issues to be called recalls is still the dumbest thing to me
Old 02-02-24, 01:17 PM
  #1404  
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Since Nvidia is a such a great company (no sarcasm) why not buy in now? Sure the stock is hitting all time highs every few days but if you think they are a better AI company than Tesla (maybe they are) then put your chips down.
Old 02-02-24, 01:24 PM
  #1405  
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Originally Posted by LeX2K
Since Nvidia is a such a great company (no sarcasm) why not buy in now? Sure the stock is hitting all time highs every few days but if you think they are a better AI company than Tesla (maybe they are) then put your chips down.
I don't know if this was directed to me, but I'll assume it is. I like buying stocks in blocks of at least 100 to get a better return. That would be an over $66K investment, cash I don't have. I would have to sell off some other investments. Once a stock reaches this height, I have to put much cash on hold that is now unavailable. It would have been great if I got in around $100, now it's just too late, unless they split it
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Old 02-02-24, 01:32 PM
  #1406  
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Originally Posted by AMIRZA786
I don't know if this was directed to me, but I'll assume it is.
Not just you, everyone. It's something I think about quite a bit.
I like buying stocks in blocks of at least 100 to get a better return. That would be an over $66K investment, cash I don't have. I would have to sell off some other investments. Once a stock reaches this height, I have to put much cash on hold that is now unavailable. It would have been great if I got in around $100, now it's just too late, unless they split it
Makes sense. I'm very gun shy of dumping 50K into a stock to ride it for a bit and get out. I've done it a few times but it made me a nervous wreck I don't have the stomach for it. I could buy on margin and probably make huge returns but I can't bring myself to borrow.

I'm using the Kenny Rogers method know when to fold em.
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Old 02-02-24, 01:32 PM
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Originally Posted by Allen K
Requiring OTA fixable issues to be called recalls is still the dumbest thing to me
I think it's mostly done that way to ensure that it gets done. It places an actionable obligation on the OEM to address the issue and to report back to the NHTSA so it can be tracked.
Old 02-02-24, 01:39 PM
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As the old saying goes, time in the market is better than timing the market. The market is almost always at or near all time highs, there aren't many periods where a market tracker held for a reasonable period has lost. With individual stocks of course you're going to see higher highs and lower lows, but the market, over time, has proven to be a reliable creator of wealth.









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Old 02-02-24, 01:43 PM
  #1409  
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Originally Posted by swajames
As the old saying goes, time in the market is better than timing the market. The market is almost always at or near all time highs, there aren't many periods where a market tracker held for a reasonable period has lost. With individual stocks of course you're going to see higher highs and lower lows, but the market, over time, has proven to be a reliable creator of wealth.
Absolutely true, it's possible Nvidia will double, but at its current price point, I would have to buy shares in extremely low numbers. I'll definitely get in if they end up splitting the stock at some point
Old 02-02-24, 01:52 PM
  #1410  
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Well I missed out on every single massive growth stock. No one told me 20 years ago to invest in an index and forget about.


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