11-20-2018, 07:11 PM
(This post was last modified: 11-20-2018, 07:14 PM by crimsonghost747.)
divmenow Wrote:Just imagine if you owned NVDA lol.
Well, again it's all about the long term. You need to be able to look past the market fluctuations and invest in companies based on their long term potential instead of staring at the daily changes.
So what if you owned Nvidia? Bad investment? Horrible decision?
If you bought in the last 18 months yeah, you've lost some... the valuation definitely got out of hand recently. If you bought 2 years ago? +60%. Are we honestly complaining about averaging 30% in a year? If you bought 5 years ago? +882%. Yup, if you've held it for 5 years you are looking at over 900% return when you include the dividends.
Bad investment. Right?
(just to add, I don't own and have never owned NVIDIA. Just felt like pointing out that the only people who really got burned are those who went in way too late when it was one of the hottest hype stocks around. The majority of people who went in before the hype are still looking at triple digit gains)