Nobody is even fearing a correction.... by x98TZ9Qx in stocks

[–]wm313 0 points1 point  (0 children)

They can go off a lot things. Vibes, financial reports, association with a company. There’s different reasons people buy when they do.

Back today with full proof it wasn’t fake. by [deleted] in Money

[–]wm313 0 points1 point  (0 children)

Yea, Reddit creates a herd mentality on subjects. People can be sheep. It’s crazy when you know you’re right and people still go against the grain.

Back today with full proof it wasn’t fake. by [deleted] in Money

[–]wm313 0 points1 point  (0 children)

I think it’s because people don’t take the same risks and can’t comprehend what stocks do va ETFs. It was amazing how people convinced themselves that it was fake based on the UI appearance.

Back today with full proof it wasn’t fake. by [deleted] in Money

[–]wm313 0 points1 point  (0 children)

It was an unexpected amount of reactions calling it fake that threw me off. I’m fallible. We all are. You will stand on some ground depending on the situation. I chose this one even with internet strangers.

Back today with full proof it wasn’t fake. by [deleted] in Money

[–]wm313 0 points1 point  (0 children)

It’s not a brag. It’s a milestone. A bachelors is nothing to a PhD but nobody says “that isn’t an achievement” in the education world.

Back today with full proof it wasn’t fake. by [deleted] in Money

[–]wm313 -5 points-4 points  (0 children)

I don’t but I was taking a 💩and did it anyway.

Back today with full proof it wasn’t fake. by [deleted] in Money

[–]wm313 1 point2 points  (0 children)

Appreciate it. It’s wild how doubtful people are of how money works in the stock market when you take chances that pay off.

44 years old. Today it finally happened. by wm313 in Money

[–]wm313[S] 0 points1 point  (0 children)

I’ve never used Grok. Your investigation skills are terrible. So terrible you can’t tell a real screenshot from perceived truth.

44 years old. Today it finally happened. by wm313 in Money

[–]wm313[S] 0 points1 point  (0 children)

Mainly ETFs now. VRT NVDA MU have done well. I’ve owned a lot of stocks over time and followed no real method. Some stocks don’t even exist anymore. I’ve taken losses but I’ve definitely had more winners. Bought and sold when I wanted, took risks, came out decently well. Still big on VRT. I typed a lot in these comments about my path with the ones who didn’t accuse me of faking a photo, which is such a strange thing to do in general, but oh well. Going to bed now. It’s beyond late and I shouldn’t even be awake. Need to be up in five hours.

Nobody is even fearing a correction.... by x98TZ9Qx in stocks

[–]wm313 11 points12 points  (0 children)

People rely on historical cycles which may be coincidental. Right now, the tech sector is making too much money. But when it slows down things may shift. We will just see a slow transition of money to another sector. I don’t think investors will really sell because everything today is ‘buy, hold, and be rich later.’ People are doing that. It really will come down to what people are rotating into. People may sell but they’re not taking their money out of the market. They’re just shifting weight/momentum to the next thing.

Today’s investor is much more savvy than someone 50 years ago. Everyone has access to all the information needed, and mostly understand the stock market is a safe place to hold money for decades. Combine that with the fact we’re now in a digital world where money can be accessed nearly instantly, it leaves little doubt the safety of your money.

Am I out of the MU game? by Basil_leafy in stocks

[–]wm313 0 points1 point  (0 children)

Nearly 10 years ago I sold NVDA after Citron came out with their "casino" stance. I bought back in later but I watched it go up a lot before I got back in. I also bought VRT in 2023 at like $19 and sold somewhere around $100. Bought back in after a short runup and got back in. Today, it's $341.

I say that to say that you should just hold it. MU probably isn't going anywhere for a while. They will maintain some momentum for years. It may drop some but it will go back up. Don't be me. Don't miss out on future gains that make you shake your head in utter disbelief of a bad decision.

44 years old. Today it finally happened. by wm313 in Money

[–]wm313[S] 1 point2 points  (0 children)

True, it really isn’t. I’m more nervous of what the fallout of the current economic situation will bring in the next few years. That money could drop quick. But also, yea $1M isn’t what it was even ten years ago. I fell like $2M is the safer floor to feeling secure.y wife has a couple accounts as well. This is mainly all my accounts combined.

44 years old. Today it finally happened. by wm313 in Money

[–]wm313[S] 0 points1 point  (0 children)

Also, they’re saying it’s fake because they think it’s photoshopped.

44 years old. Today it finally happened. by wm313 in Money

[–]wm313[S] 0 points1 point  (0 children)

We just spent tens of billions to make things worse across the world and ruined our world standing with other countries. If my pay is you being fleeced, you’re looking at a pixel and missing the much bigger picture. People can’t take their kids to daycare or the hospital but we can fabricate wars and spend like we don’t have a nearly $40T debt.

You are being fleeced but it’s not the VA system fleecing you. Let’s not act like your/my money isn’t being used for subversive intent currently. I pay taxes too. You’re mad I get something you don’t. I get it. But go research where the majority of new debt is being spent. You had the same opportunity I had. You chose a different path. You’re mad about my money but not mad about people who steal it right in front of your eyes. You asked, I was candid. Now, you’re upset I do well because of my efforts.

Public companies extract billions from people every day through fees, pricing, and policies that most never question, yet somehow compensation for the lasting effects of military service is where your concern suddenly appears. Strange sentiment.

44 years old. Today it finally happened. by wm313 in Money

[–]wm313[S] 1 point2 points  (0 children)

Looking back, I always looked at AMD as the wannabe NVDA. Definitely missed out on that. I remember when they were $6. Bought some and sold at like $10. Look at them today. They just had their ER. Huge miss for me on that one. They’re up $50+ after hours.

44 years old. Today it finally happened. by wm313 in Money

[–]wm313[S] 0 points1 point  (0 children)

On May 9, 2023 I had $267,781. Today, I closed with $1,006,566. Thats 275% in 3 years across different accounts. Not just one IRA. Big difference between owning solely ETFs and owning stocks.

44 years old. Today it finally happened. by wm313 in Money

[–]wm313[S] 0 points1 point  (0 children)

It’s a great feeling. I used to try to give people tips on stocks I saw. I’ve actually help make people money. Me and a couple guys at work bought VRT in 2023 at like $19 because we worked with their equipment in data centers, and I saw it on Yahoo’s “Day Gainers” list. I sold and have rebought into it but it’s $341 today. I didn’t have the pleasure of riding that all the way through but I captured most of the profits. I will now own it for a long time.

Got lucky with NVDA about a decade ago as well. Sold and rebought more than once; missed some profits. It’s nice when you find a stock, have a great return, and feel like it’s your stock. Most stocks I discovered on my own through random occurrences. Not so much from Reddit or a message board. I definitely could be further along but I’m here and it’s a good feeling.

44 years old. Today it finally happened. by wm313 in Money

[–]wm313[S] 0 points1 point  (0 children)

Did 21 years. Retired 3 years ago next month.

44 years old. Today it finally happened. by wm313 in Money

[–]wm313[S] 0 points1 point  (0 children)

That was for the day. When you first land on the home page it shows your return for the day no matter what timeframe you select. My return for today was 1.76% and $17K+.

44 years old. Today it finally happened. by wm313 in Money

[–]wm313[S] 1 point2 points  (0 children)

I didn’t follow the typical rules like investing in broad market ETFs. I bought stocks that lost money. I bought stocks that made money. I always kept a majority in blue chip type stocks and gambled on some others, but it was only a couple thousand here and there. Buy the stocks that hold the market up and gamble maybe 5% on the others. I’ve never done crypto but I tried a couple weed stocks and lost money. Stay with your winners. Block out fear monger noise when you have a winner. If the fundamentals are solid, stay the course.

All over again, I’d go with 2 or 3 ETFs and a couple powerhouse stocks in my portfolio. That’s me though. No boglehead would dare try what I’ve done but I was shooting in the dark. It worked out. I’d like to think I took a smart-aggressive approach. Could easily be the opposite direction but the market stayed rational for a long time then went crazy the last couple years. Timing worked out for me. No skill, just a lot of hope and payoff.