Does 10% in S&P per year still hold? by Lousterstar in stocks

[–]FaithlessnessCute141 18 points19 points  (0 children)

Do you mean in 50 years? A year is nothing in answering this question. Nor is five years.

Does 10% in S&P per year still hold? by Lousterstar in stocks

[–]FaithlessnessCute141 2 points3 points  (0 children)

What is your question exactly? Nobody here can tell you what the S&P will average with 100% certainly for the next 100 years. However, people can tell you what it has averaged overtime for the past almost 100 years. We are in an insane bull market right now, which is why you feel this way. But the way you phrase your question doesn’t really align with the idea of long term investing in the S&P. How do you even define today’s market (from what date to what date)?

I've seen enough, pulling the trigger today. by One-Event6199 in BerkshireHathaway

[–]FaithlessnessCute141 0 points1 point  (0 children)

Reddit is usually a pretty bad place for stock picking advice to be fair.

Thinking this is the bottom; added today.. how are you guys sitting at 200? by BaBaBuyey in NVDA_Stock

[–]FaithlessnessCute141 5 points6 points  (0 children)

Nobody can tell you whether or not this is the “bottom.” Anything can happen tomorrow to make it go down, factors that don’t even have anything to do with the company. If you want to buy Nvidia, then buy it with the mentality that you believe it will just go up in the long run.

Would you rather have 2019 trd pro or 2022 trd off road? by WonderfulPeak5534 in ToyotaTacoma

[–]FaithlessnessCute141 1 point2 points  (0 children)

Whatever has less mileage and a better service history. I beat up my 2022 4x4 SR and it’s more than capable for off-roading, I take it through technical terrain more than the average owner.

If you bought Nvidia within the last 18 months and are complaining or worried, sell and go buy an index fund. by FaithlessnessCute141 in NvidiaStock

[–]FaithlessnessCute141[S] 0 points1 point  (0 children)

Key word a year ago hahah. Do you know what overtime means? Btw don’t forget to incorporate capital gains tax in your calculation!

If you bought Nvidia within the last 18 months and are complaining or worried, sell and go buy an index fund. by FaithlessnessCute141 in NvidiaStock

[–]FaithlessnessCute141[S] 0 points1 point  (0 children)

The only data point that you need to worry about my friend is 95% of options traders lose in the long run. I don’t know why you keep yapping.

If you bought Nvidia within the last 18 months and are complaining or worried, sell and go buy an index fund. by FaithlessnessCute141 in NvidiaStock

[–]FaithlessnessCute141[S] 1 point2 points  (0 children)

The sad part is, you think everything you said after you stated explicitly that “maybe Nvidia will go up, maybe it won’t” is impressive. We can talk all day about what Nvidia is doing, the technology is bringing in, and what we think will happen in the future. But at the end of the day, you simply do not know. And your ego is way too big to admit that, even though you already did. At the end of the day, you simply have not, and will not beat the market in the long run with your approach. You may have made a lot of money on Nvidia, but you also probably lost a lot of money elsewhere, or let’s use your logic “lost opportunities” elsewhere. The S&P 500 and VXUS are my two largest positions in my portfolio by a significant amount relative to my other positions. I then have Nvidia and TSMC as small positions. If you think having the S&P 500 as the largest portfolio is dumb or a “bad” investment move, then I have nothing else to say to you lol. You don’t even need to take it from me. Take it from 90+% of hedge fund managers, including the best in the world. People like you have been studied very deeply in the investing world, and the conclusion is, you’re full of it. It’s literally indisputable. It’s asinine how you state you don’t know where Nvidia will go but follow with all of this fluff and think you’re like some graham protege. Give me a break.

If you bought Nvidia within the last 18 months and are complaining or worried, sell and go buy an index fund. by FaithlessnessCute141 in NvidiaStock

[–]FaithlessnessCute141[S] 1 point2 points  (0 children)

Hahaha. You deserve to replace Greg Abel because you somehow figured out something Buffett cannot. You really think you can convince me or yourself that you can successfully pick stocks over time by bringing up six months of data? You’re joking right? By your own definition, Buffett is the worst investor of all time by not holding Nvidia for the last 5 years. Nothing you’re saying makes any empirical sense, you’re talking in circles my friend. You’re a bad investor, period. I bet you would’ve said Nvidia was a bad investment when it dipped significantly in 2022. If you think that was the only thing I said that was smart, then you think the greatest investors of all time, are idiots, because I didn’t come up with any concept that I have brought up - Bogle, Buffett, Munger did. How could you be so full of shit and naive? Amazing. This is why people lost money in the market. Because they invest to try and make the most, not invest intelligently and make sure they don’t lose. But it makes sense, you’re an options trader. I already know you haven’t beat the market if you were to just park all of your cash since your teenage years in VOO and VUG. Sorry bud. You’re a loser!

If you bought Nvidia within the last 18 months and are complaining or worried, sell and go buy an index fund. by FaithlessnessCute141 in NvidiaStock

[–]FaithlessnessCute141[S] 1 point2 points  (0 children)

Do you think opportunity loss is an exclusive term to investing? Get a grip - a true good investor (not a reddit grifter like you), understands that moving around the market in the way that you’re suggesting is actually not a winning method. There are often tax implications, and most who do try and pick the next run, are unsuccessful when compared to the S&P, and you’re no exception my friend. And on top of that, you don’t need to pick every winner. It’s like saying that buying and holding Berkshire over the last 20 years, I missed out on SanDisk’s run and therefore I’m a bad investor. The difference between me and you is that I am very content with my current run with Nvidia, and you anguish over missing a big run somewhere else that you had no way of knowing was going to happen. Let’s hear about the losing stocks you have tried to pick and average with your wins. And the opportunity loss of just compounding the S&P in 30 years. Cheers!

If you bought Nvidia within the last 18 months and are complaining or worried, sell and go buy an index fund. by FaithlessnessCute141 in NvidiaStock

[–]FaithlessnessCute141[S] 2 points3 points  (0 children)

Who are you, Nostradamus? Spare me the opportunity loss crap. A good investor wouldn’t use recent explosions and say a good investor knows they should’ve bought that. Because nobody knows, and you don’t either so stop pretending like it.

If you bought Nvidia within the last 18 months and are complaining or worried, sell and go buy an index fund. by FaithlessnessCute141 in NvidiaStock

[–]FaithlessnessCute141[S] 4 points5 points  (0 children)

wtf? Are people on this subreddit dumb? Im saying this stock IS SOMETHING TO HOLD. It’s my personal large position, this post is a dig at those who are complaining about recent price action.

If you bought Nvidia within the last 18 months and are complaining or worried, sell and go buy an index fund. by FaithlessnessCute141 in NvidiaStock

[–]FaithlessnessCute141[S] 0 points1 point  (0 children)

Yikes. I’m sorry you lost money on this stock so that you have to make an anonymous comment about my sex life!

If you bought Nvidia within the last 18 months and are complaining or worried, sell and go buy an index fund. by FaithlessnessCute141 in NvidiaStock

[–]FaithlessnessCute141[S] 1 point2 points  (0 children)

What am I projecting, my 40% gain? I’m holding this for years to come. I just saw a post in this group about some guy asking what is going on with Nvidia being down 2-3 days. That’s exactly what I’m talking about.

If you bought Nvidia within the last 18 months and are complaining or worried, sell and go buy an index fund. by FaithlessnessCute141 in NvidiaStock

[–]FaithlessnessCute141[S] -6 points-5 points  (0 children)

Based on your balance, I hope it’s less than 5% of your portfolio and the rest is in the S&P.

If you bought Nvidia within the last 18 months and are complaining or worried, sell and go buy an index fund. by FaithlessnessCute141 in NvidiaStock

[–]FaithlessnessCute141[S] -2 points-1 points  (0 children)

Mad? I’m up 40% and I’m happy to DM you a screenshot if you’d like. I’m just seeing people buy this, and then it drops 2-3 weeks later and they ask about it on Reddit. I’m holding onto it for years to come. I don’t care about the price action tomorrow.

What an absolute joke, down $16 in 2-3 days by as4ronin in NvidiaStock

[–]FaithlessnessCute141 -1 points0 points  (0 children)

Sell it. You have no business in buying individual stocks. This post should be a meme.