thecomputerguy
Well-Known Member
- Reaction score
- 1,414
I somehow luckily bought $10k of UI about a month ago at $229 ... up 30% in a month!
Anyone else on the UI or NVDA train?
Anyone else on the UI or NVDA train?
HOLY UI
- Thread starter thecomputerguy
- Start date
Markverhyden
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- 11,031
- Location
- Raleigh, NC
Missed those but I'm on the Carvana one. Bought mine at around $8/share around a year and a half ago and it's been up to the mid $250's/share recently.
Edit: On a side note I thought you were referring to User Interface....lol
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HCHTech
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- 4,212
- Location
- Pittsburgh, PA - USA
...and I thought he was referring to having bought $10K worth of Unifi hardware and was referring to a price increase! Man, I need to drink less coffee. Note to the algorithm, Ubiquiti please don't raise the prices 30%.
YeOldeStonecat
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- Reaction score
- 6,696
- Location
- Englewood Florida
Crazy gain....I had bought a bunch back in...late 21 I think. I remember its bump to over 300 back then, sold when had started a decline after a big "oops breach" notice went public. Still faired well. But been focused on AMD since then. They had a very strong revenue report.
thecomputerguy
Well-Known Member
- Reaction score
- 1,414
The gift that keeps on giving ... I'm up nearly 100% on $10k in 2 months.
HCHTech
Well-Known Member
- Reaction score
- 4,212
- Location
- Pittsburgh, PA - USA
Sell now! Haha. Or don't, it's a crap shoot. I would be sorely tempted to take that gain and run.
YeOldeStonecat
Well-Known Member
- Reaction score
- 6,696
- Location
- Englewood Florida
//jumps up and down
Yeah, I'm so bummed I pulled out a couple of years ago. I remember being pumped when it approached 400 back then...but then it plummeted...and as it went down, I think I sold the bunch I had in the 140-ish range. If I recall I bought in a few batches, some in the 60's, a lot in the 80's...some more in the 120's...
Ahh but such is stocks!
Been doing well in AMD...started grabbing that in the 40-ish range..quite a bit. but every year I grab a bunch more. The last batch I bought was in the 120's...which, it's down in that range now...but I'm in AMD for the long game.
I remember back about 5 or 6 years ago...someone jumping into an AMD thread in a boating forum I'm in. One of the guys there made a statement to "Get AMD stock now!" back when it was like..8 or 11 or 13 bucks. So one guy bought like 10,000 of 'em. Came back to thank the guy when AMD first popped into the upper 100's...saying "This was a retirement altering move". I did some quick math....if I recall he was near a mil in that value.
Yeah, I'm so bummed I pulled out a couple of years ago. I remember being pumped when it approached 400 back then...but then it plummeted...and as it went down, I think I sold the bunch I had in the 140-ish range. If I recall I bought in a few batches, some in the 60's, a lot in the 80's...some more in the 120's...
Ahh but such is stocks!
Been doing well in AMD...started grabbing that in the 40-ish range..quite a bit. but every year I grab a bunch more. The last batch I bought was in the 120's...which, it's down in that range now...but I'm in AMD for the long game.
I remember back about 5 or 6 years ago...someone jumping into an AMD thread in a boating forum I'm in. One of the guys there made a statement to "Get AMD stock now!" back when it was like..8 or 11 or 13 bucks. So one guy bought like 10,000 of 'em. Came back to thank the guy when AMD first popped into the upper 100's...saying "This was a retirement altering move". I did some quick math....if I recall he was near a mil in that value.
thecomputerguy
Well-Known Member
- Reaction score
- 1,414
Damn that's awesome ... I'm REALLLLYYY tempted to by some INTC right now ... I feel like the stock HAS to recover ... it's a staple of the tech universe, it can't fail ... right?
YeOldeStonecat
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- Reaction score
- 6,696
- Location
- Englewood Florida
Yeah I picked up some Intel when it was nearly bottomed out (I think high 19.something). Although I figure they're on the ropes, and I'm sure the gov't will bail them out more, and/or...someone like Broadcom or Musk (via Tesla) will buy them out. For a bit I kinda thought AMD would. I don't figure it a high gainer...but it'll likely do OK regardless of what direction happens.
But I don't see them taking off like AMD or nVidia or Broadcom did. (and is Broadcom the surprise or what, just in the past 2 months!)
But I don't see them taking off like AMD or nVidia or Broadcom did. (and is Broadcom the surprise or what, just in the past 2 months!)
thecomputerguy
Well-Known Member
- Reaction score
- 1,414
RIP NVDA UI
YeOldeStonecat
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- Reaction score
- 6,696
- Location
- Englewood Florida
IMO NVDA will be bouncing back just fine.
UI...hard to say...their stock reacts slowly, but I saw a mention that their latest earnings didn't get to what they hoped...but I've not found actual articles on it ..haven't looked.
UI...hard to say...their stock reacts slowly, but I saw a mention that their latest earnings didn't get to what they hoped...but I've not found actual articles on it ..haven't looked.
DRPCNZ
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- Reaction score
- 255
- Location
- Moerewa, New Zealand
Unless one is tracking stock dayly/hourly to make the small gains the Sharemarket should always be looked at as a long term investment. Tech stocks purchase 27 years ago are all worth way more today than then and there has been some fairly monumental finnacial issues occurred in those 27 years
YeOldeStonecat
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- 6,696
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- Englewood Florida
That depends on who the person is. For general rule of thumb, "common people 401k stuff"....yes, pick your risk tolerance, spread your portfolio accordingly, and play the long long long game.
But, while I don't "day trade"....I know quite a few people that do...and it's a pretty big slice of the population. It's pretty amazing to watch. They're generally done by noon, the majority of action ...their work...is performed in the morning, and usually they're finished by noon. They study the habits and business of a company...and make decisions of what to do with their stock. Price changes of a few nickels, dimes, or more...can be all they need if they know it will happen, and they often buy quite massive quantities..and then sell, sometimes going back again at the next dip.
A friend of mine recently made enough in 2x days on a stock deal to buy his daughter a brand new car.
I regularly see quite a few guys making tens or hundreds of thousands in a morning.
Of course on some mornings they can also lose that. Part of the game. But overall...the serious day traders tend to do very well. Most of us don't make enough to "get in that game"...you need to enter that game with quite a boatload of cash to place your bets.
GTP
Well-Known Member
- Reaction score
- 9,780
- Location
- Adelaide, Australia
I was given 25 (free) shares in the Commonwealth Bank. They started at about AU$1.50 per share. Ive just let them accrue in a dividend reinvestment plan.
After 30 or so years I now have over 2000.
As of the close of trading on Friday, January 31, 2025, Commonwealth Bank of Australia (ASX: CBA) shares were priced at AU$160.56.
Not bad for free, lol
After 30 or so years I now have over 2000.
As of the close of trading on Friday, January 31, 2025, Commonwealth Bank of Australia (ASX: CBA) shares were priced at AU$160.56.
Not bad for free, lol
phaZed
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- Reaction score
- 3,152
- Location
- Richmond, VA
IMO, get ready for a huge pullback/recession. The bull been climbing the stairs for a while and is about to jump out the window. When it happens, it's going to happen fast.
YeOldeStonecat
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- Reaction score
- 6,696
- Location
- Englewood Florida
Pullbacks are when things go on sale, gobble them up! (unless you're retiring in < 5 years....in which case shift to more steady fixed % accounts).
I'm still at ~9 years out....so I'll be pumping into my higher risk spread. IMO, won't be a "huge" pullback. Not with the renewed energy in business. Yeah the tariffs will be like band aids and cause a little uncomfort up front, but has to happen in order for the better outcome to occur.
I'm still at ~9 years out....so I'll be pumping into my higher risk spread. IMO, won't be a "huge" pullback. Not with the renewed energy in business. Yeah the tariffs will be like band aids and cause a little uncomfort up front, but has to happen in order for the better outcome to occur.
HCHTech
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- 4,212
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- Pittsburgh, PA - USA
You sure know how to pick a metaphor! -
Sky-Knight
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- 5,575
- Location
- Arizona
Most markets on the planet has been in recession for ages, the US is the only nation not calling itself inside one.
Trump's trade wars may just be the trigger to finally tip us over, but it also very much might not. Wartime spending is still active, all the props are still in place. No one really knows if this will be a depression, recession, or just a correction. The only thing we know is, whatever it is... it's "imminent". But it's "been imminent" since the 2008 downturn. Don't forget, the "wartime spending" thing, Russia is doing wonders with that against all odds, which illustrates the power of such things. It will come to an end, but the "when" isn't easy to predict.
Most banking groups have somewhere between a 20-30% odds of a recession in the US happening in 2025. Even if you inflate that to 33%, that's still a 2 out of 3 chance it won't happen.
Heck the best I can hope for is that percentage for rain out here in the desert. I rather hope there is some sort of downturn, because it will help counter inflation and hopefully reset the real estate market enough for my kids to get their lives started. On the flip side, they have historically high interest rates to borrow to go to equally historically expensive school.... which isn't helping.
Trump's trade wars may just be the trigger to finally tip us over, but it also very much might not. Wartime spending is still active, all the props are still in place. No one really knows if this will be a depression, recession, or just a correction. The only thing we know is, whatever it is... it's "imminent". But it's "been imminent" since the 2008 downturn. Don't forget, the "wartime spending" thing, Russia is doing wonders with that against all odds, which illustrates the power of such things. It will come to an end, but the "when" isn't easy to predict.
Most banking groups have somewhere between a 20-30% odds of a recession in the US happening in 2025. Even if you inflate that to 33%, that's still a 2 out of 3 chance it won't happen.
Heck the best I can hope for is that percentage for rain out here in the desert. I rather hope there is some sort of downturn, because it will help counter inflation and hopefully reset the real estate market enough for my kids to get their lives started. On the flip side, they have historically high interest rates to borrow to go to equally historically expensive school.... which isn't helping.
YeOldeStonecat
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- Reaction score
- 6,696
- Location
- Englewood Florida
I'm looking at what may come as a "correction".
Correct...recession....for investing purposes, for those in the long game (not retiring for a while)...it's a chance to keep investing while it's low (it's on sale!)....and ride the next wave.
For those due to retire soon, there is the decision to pull out of higher risk and put into low risk. Earn less on it over the next couple of years, but "if" a dump happens...you're safe. If a dump doesn't happen...yeah the feeling that you lost out on 2-3 more years of high gain.
Corrections should not be looked at as "bad". Corrections happen...because the wave was riding "too high"...things were going "too good". When a correction happens, you were riding that big high overinflated wave for a while...so you were making a killing! I just logged into my 401k...I'm currently at +49.28% gain. I was making a killing in the late 20teens. Things settled in the early 2020's, suffered some loss, but last years q3/q4 enthusiasm brought things up again nicely. I'm in the "long game"...9x more years, so I'll deal with some drops if they come, knowing they'll rise again.
Correct...recession....for investing purposes, for those in the long game (not retiring for a while)...it's a chance to keep investing while it's low (it's on sale!)....and ride the next wave.
For those due to retire soon, there is the decision to pull out of higher risk and put into low risk. Earn less on it over the next couple of years, but "if" a dump happens...you're safe. If a dump doesn't happen...yeah the feeling that you lost out on 2-3 more years of high gain.
Corrections should not be looked at as "bad". Corrections happen...because the wave was riding "too high"...things were going "too good". When a correction happens, you were riding that big high overinflated wave for a while...so you were making a killing! I just logged into my 401k...I'm currently at +49.28% gain. I was making a killing in the late 20teens. Things settled in the early 2020's, suffered some loss, but last years q3/q4 enthusiasm brought things up again nicely. I'm in the "long game"...9x more years, so I'll deal with some drops if they come, knowing they'll rise again.
britechguy
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- Reaction score
- 4,786
- Location
- Staunton, VA
I've been in that same long game since the mid-1980s, and everything you say is true.
The very biggest mistake that gets made by "the uninitiated investor" is buying high and panic selling when they experience their first correction.
I was queasy at the amount I "lost on paper" during the pandemic in particular, but it's all come back. Even if every bit I lost then had stayed lost, the amount of gain on what I invested in dribs and drabs over the course of decades would still be very substantial and so much more than I could have received as return on any investment other than, perhaps, real estate (and only if it were in the right location, location, location).
But if the tariff war ever does actually occur, it's gonna get very ugly, very quickly. The markets already reacted to just the idea of it, and the reality of it would be much more severe. The Wall Street Journal nailed it . . .
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