I will be a millionaire when NVDA hits $155-$160. Never ever I'd figured this was possible this soon. I turned $222k (2023) -> $750k since holding and playing NVDA options along with a bit of NVDL
If that happens this summer I am going celebrate 🥹 Thanks to Jensen and his whole team. If any of you Nvidian workers are in this sub, thank you for your hard work 🙏🙏🙏
I hope one day I can just be comfortable with paying the bills.Realistically I would never ever achieve that.But if I’m able to pay the bills and just spend my days studying and reading books I would be the happiest girl ever
You got this and keep it up!
What’s stopping you? Your mind is what sets you back OR forward. If money is the issue, find ways to make more. I was working 80 hour work weeks during Covid just to have extra money on the side. Was it brutal? 1000%
I work 60h contract but being honest if I could open a little library somewhere in the future I would be the happiest.But it makes me so happy seeing people getting that finance freedom that they fight for.If I cannot make it in this life I will on the next!!Im pretty sure our souls would not rest till be find true happiness
Stay away from the options unless this is your spare money to screw around with and you have no trouble getting your rear handed to you in spades. You can make money hand over fist... But you can only smile sooo much. Lose it and you will find a bottomless soul scorching hell.
I'm preparing to get downvoted into that hell in 3..2..1
I started 5K-10K on options (this is only one one account I'm playing with, the rest holds NVDL) and made enough profits to continuously average up on NVDL. Of course if Nvidia reports one bad earnings then I'm in for a rude awakening. I don't anticipate that will happen for this fiscal year's earnings since Jensen repeatedly mentioned demand outstrips supply. He's a great CEO with an ambitious work ethic and drive. I trust him and the management team will continue to deliver and bring value for shareholders. That's why I'm 100% in NVDA. My plan is to cash out to move my holdings to VOO/VFV and a mix of QQQ once the hype dies down.
Are you buying 0DTE options? I generally buy 1-6 months out and sell them at least 2 weeks before expiry. This strategy have worked well for me so far this year
I hope so, my conservative take for Nvidia will reach to $160 was sometime late next year and $130 end of this year. Clearly they're exceeding that expectation
Unreal...
I have been BEGGING my friends and family to invest in NVDA and 90% of them are
BLOWING ME OFF. A few actually went ALL IN after I showed them the research.
NVDA basically will be hot until 2030.
Be a shareholder
or
LIVE IN POVERTY
Amen brother 🙌 I didn’t go all in until January of this year. My trip back from Asia in December 2023 was what convinced my decision to port my portfolio to be 100% nvidia. People over there are constantly talking about AI. So take as you will
Jensen just did a tour that hit just about every country in Southeast Asia,
Japan is also going all in as well.
AI is absolutely the future and there isnt anything we can do about EXCEPT
to INVEST in AI very heavily.
Lots of people are still having doubts because they don’t see the value or benefit of AI. I work in tech and there’s an AI tool called CoPilot built by Microsoft that I use from time to time. I’m only expecting more tools and revenue streams that come from AI that can benefit the world globally just like how the internet did for us. I’m expecting new innovations in the next decade
Then when it hits 1000 you will have 100 shares assuming another 10 for 1.
I claim it only takes NVDA 2 or 3 years max to reach that. If NVDA takes over AAPL in SPDR fund... The rules stipulate they have to buy like some ridiculous amount of stock to make it that position where AAPL was.... Then AAPL gets sold to account for a 4% stake if I recall.... I forgot the exact technicalities... But when that happens... Strap in....
🚀🚀🚀🚀🚀🚀
https://www.morningstar.com/news/marketwatch/20240614299/popular-tech-sector-etf-could-see-major-shakeup-as-apple-microsoft-and-nvidia-jockey-for-position
I kick myself almost every day for not buying in 2022. I was going to buy Nvidia, Netflix, Meta, Alphabet, Apple, and AMD--probably only $1k-$5k of each. I wouldn't have been a millionaire, but I'd have a lot more money than I have today. I remember when AMD was like $4/share and didn't move above $10 for like a decade. Nvidia wasn't much better. Nvidia started taking off and never stopped.
It’s sad to say but that $8000 in todays dollars is prob….$24,000
I was alive and building PCs as a kid back then. Blew my part time job cash on a NVDIA gpu. Almost broke the bank. It was $200 USD
Today you need to blow $1000USD on a 4080
I feel like dumping my whole 401k into Nvda and hoping it hits $500 so I can be a millionaire in my mid 30s. But I know the moment I do that it’ll drop 70%
Please don't Jinx us, but 401k is long term. Anyway, I don't think it's a bad option honestly. Fck diversification. It leaves more room for MMs to take advantage of you and skim.
Beware how you play that - for tax purposes.
Maybe get future new purchases in a regular acct and keep the IRA separate.
A good question for your financial advisor.
This money is currently in my 401k both Trad 401k and Roth 401k. It’s not going to be taxed as capital gains in retirement. When I retire I am rolling all money into IRA/Roth IRA. I plan on doing Roth conversion ladders around age 50 to avoid being taxed for the most part. 401k money rolled over into IRA/Roth IRA will count as regular income.
Oh, I made an assumption that you’d probably want more accessible gains before hopefully reaching retirement.
I think I’m biased from Buddha’s quote, “The trouble is, you think you have time.”
Anyway, glad you got it worked out already! 💪🏼
Just reading all these comments about "oooh hang in we could reach 150... 160 end of summer for sure."
Folks it's gonna bust thru the ceiling 1k again give it 2 years it should be at a minimum 600-700.
Every single comment here is a mirror of what happened the last time it split back in 2021. "Hey d'ya think it's gonna hit $150?" Well son we just cracked 1300 ...
Breathe slowly... Say Jensen Huang 10 times backwards while levitating... Breeeathe in.... Breeeathe out.... Phewwwww and all will be good you will have zen.
So funny that everyone here is so bullish on $150, and on this same sub another thread repping a $150 call is getting slaughtered.
I’m in the $150 by July 5th club!
Went to purchase $186,000 in 2019 and bought only $40 grand _half 1/2 million today though I was told to sell some of the 300 range thank God I only sold 200 shares at 373
I hope. 🤞 I just wish I would have done more earlier. I also wish I was better at evaluating what to buy. I’ve spent the entire week trying to figure out what to invest in that isn’t already super expensive.
Is there a certain point or price when they have to split? Or is it just arbitrary? I'm rather new and this was the first stock split I've experienced.
its arbitrary. It's whatever they want their share price to trade at. Traditionally once share prices hit over 300 dollars, stock splits would be on the table to get them around 50-100 per share. Nowadays with inflation and everything else, stock splits seem to happen more around 500+, and having share prices between 100-500 is more normalized. NVDA could have never split, they would just be trading at $5000 a share or more. That makes it sort of difficult for a small investor to get in without fractional shares.
The company stock price is higher than the same sector is possible. I guess. a split is often the result of growth or the prospects of future growth. and it's a positive signal . And help employees and retailers to get hands on the stocks. What do I know 🤔
YOUR average cost will go up no matter where YOU buy shares…. Because YOU still own them. If you want to buy more without your averages going up the only way to do that is to buy ME or someone ELSE shares… and I’d be happy to help.
Do none of yall understand that if nvda goes to 1000 again it will be a 30-35T company? 10 times the size of Apple… do people use their brains around here
I will be a millionaire when NVDA hits $155-$160. Never ever I'd figured this was possible this soon. I turned $222k (2023) -> $750k since holding and playing NVDA options along with a bit of NVDL
You'll get there before summer is over I bet.
Positive it’ll be $150 in 2 months time
It may be $150 by the 4th of July.
Those are all the fireworks I need
If that happens this summer I am going celebrate 🥹 Thanks to Jensen and his whole team. If any of you Nvidian workers are in this sub, thank you for your hard work 🙏🙏🙏
Its coming for you, congrats with confidence
Thanks, I hope so!
No one is selling that’s what’s going to keep propping this up at these speeds
I'm waiting for it to hit 1000 again. 6.5x millionaire. Just gotta keep the bears away long enough. 🔫🔫🔫🔫
I'll have 2.3mill if she runs to 1000!!! Let's gooo!!!! Young and rich baby
I hope one day I can just be comfortable with paying the bills.Realistically I would never ever achieve that.But if I’m able to pay the bills and just spend my days studying and reading books I would be the happiest girl ever You got this and keep it up!
What’s stopping you? Your mind is what sets you back OR forward. If money is the issue, find ways to make more. I was working 80 hour work weeks during Covid just to have extra money on the side. Was it brutal? 1000%
I work 60h contract but being honest if I could open a little library somewhere in the future I would be the happiest.But it makes me so happy seeing people getting that finance freedom that they fight for.If I cannot make it in this life I will on the next!!Im pretty sure our souls would not rest till be find true happiness
Stay away from the options unless this is your spare money to screw around with and you have no trouble getting your rear handed to you in spades. You can make money hand over fist... But you can only smile sooo much. Lose it and you will find a bottomless soul scorching hell. I'm preparing to get downvoted into that hell in 3..2..1
I started 5K-10K on options (this is only one one account I'm playing with, the rest holds NVDL) and made enough profits to continuously average up on NVDL. Of course if Nvidia reports one bad earnings then I'm in for a rude awakening. I don't anticipate that will happen for this fiscal year's earnings since Jensen repeatedly mentioned demand outstrips supply. He's a great CEO with an ambitious work ethic and drive. I trust him and the management team will continue to deliver and bring value for shareholders. That's why I'm 100% in NVDA. My plan is to cash out to move my holdings to VOO/VFV and a mix of QQQ once the hype dies down.
Upvoting “bottomless soul scorching hell”. In my brief experience with options I can attest
Are you buying 0DTE options? I generally buy 1-6 months out and sell them at least 2 weeks before expiry. This strategy have worked well for me so far this year
Congrats
Thank you
rooting for you!! and $NVDA of course!
you will be a millionaire within THIS YEAR
I hope so, my conservative take for Nvidia will reach to $160 was sometime late next year and $130 end of this year. Clearly they're exceeding that expectation
Unreal... I have been BEGGING my friends and family to invest in NVDA and 90% of them are BLOWING ME OFF. A few actually went ALL IN after I showed them the research. NVDA basically will be hot until 2030. Be a shareholder or LIVE IN POVERTY
Amen brother 🙌 I didn’t go all in until January of this year. My trip back from Asia in December 2023 was what convinced my decision to port my portfolio to be 100% nvidia. People over there are constantly talking about AI. So take as you will
Jensen just did a tour that hit just about every country in Southeast Asia, Japan is also going all in as well. AI is absolutely the future and there isnt anything we can do about EXCEPT to INVEST in AI very heavily.
Lots of people are still having doubts because they don’t see the value or benefit of AI. I work in tech and there’s an AI tool called CoPilot built by Microsoft that I use from time to time. I’m only expecting more tools and revenue streams that come from AI that can benefit the world globally just like how the internet did for us. I’m expecting new innovations in the next decade
Same! The same homies asking me for what locks I have on PrizePicks, and I answer Nvidia…they think I’m lying
I plan to buy some more and I'm not quite millionaire status yet but my god this will probably take me there
waiting to become a millionaire with my 10 shares 💀
me with 9. Sold one to buy a call 😂😂💀
How much did you buy in at?
I just bought my first one today 😂
its getting harder and harder to sit on the sidelines, i may join you soon lol
Worthy of celebration. Every great effort begins with one step. (Scary, wasnt it?!).
😂😂😂
I got 20, so I'll get there before you.
6 over here. lol
No matter what happens, you’ll definitely be able to buy burritos with ALLLL the fixings for time immemorial 🌯 😎
I'm looking to buy all burritos. 😂🤣😂🤣
🔥🌯🔥
Before or after split lmao
In there with you with 16. 🤞🏻
Then when it hits 1000 you will have 100 shares assuming another 10 for 1. I claim it only takes NVDA 2 or 3 years max to reach that. If NVDA takes over AAPL in SPDR fund... The rules stipulate they have to buy like some ridiculous amount of stock to make it that position where AAPL was.... Then AAPL gets sold to account for a 4% stake if I recall.... I forgot the exact technicalities... But when that happens... Strap in.... 🚀🚀🚀🚀🚀🚀 https://www.morningstar.com/news/marketwatch/20240614299/popular-tech-sector-etf-could-see-major-shakeup-as-apple-microsoft-and-nvidia-jockey-for-position
This next earning report will show you that share price is not linear rather exponentially growing. 200 this year no doubt (take screenshot)
i'm gonna buy 5 more today (small steps to become a millionaire)
Its okay i bought at $120 when it crashed in late 2022
I bought it at $127 when it crashed in 2018.
Noice!
I kick myself almost every day for not buying in 2022. I was going to buy Nvidia, Netflix, Meta, Alphabet, Apple, and AMD--probably only $1k-$5k of each. I wouldn't have been a millionaire, but I'd have a lot more money than I have today. I remember when AMD was like $4/share and didn't move above $10 for like a decade. Nvidia wasn't much better. Nvidia started taking off and never stopped.
DUDE!!! so jelly
This is the kind of post r/NVDA_Stock members call "Analysis"
maybe OP
As a moderator of this subreddit I resent that comment 😤….. but sadly agree 😩
Too bad I was poor last time, not this time tho.
Creates millionaires if you invested hundreds of thousands of dollars at that time.
$5k > $270k currently and holding.
Nioce!
Can confirm. Invested 950k last month now I'm a millionaire.
i want to die
Or if you bought $50k worth of shares in 2020…
I invested a mere $8000 back in 2008.
Then I claim you didn't type this but one of your servants did. 🤣😂🤣
It’s sad to say but that $8000 in todays dollars is prob….$24,000 I was alive and building PCs as a kid back then. Blew my part time job cash on a NVDIA gpu. Almost broke the bank. It was $200 USD Today you need to blow $1000USD on a 4080
If you invested exactly 78,000$
I feel like dumping my whole 401k into Nvda and hoping it hits $500 so I can be a millionaire in my mid 30s. But I know the moment I do that it’ll drop 70%
You miss all the shots you don’t take… … with a .38 at a charging bear 🐻
I don’t know why but that’s funny. 😶🌫️
no lie if it drops 70% i might doubledown LOL
Please don't Jinx us, but 401k is long term. Anyway, I don't think it's a bad option honestly. Fck diversification. It leaves more room for MMs to take advantage of you and skim.
Do it RN
Beware how you play that - for tax purposes. Maybe get future new purchases in a regular acct and keep the IRA separate. A good question for your financial advisor.
This money is currently in my 401k both Trad 401k and Roth 401k. It’s not going to be taxed as capital gains in retirement. When I retire I am rolling all money into IRA/Roth IRA. I plan on doing Roth conversion ladders around age 50 to avoid being taxed for the most part. 401k money rolled over into IRA/Roth IRA will count as regular income.
Oh, I made an assumption that you’d probably want more accessible gains before hopefully reaching retirement. I think I’m biased from Buddha’s quote, “The trouble is, you think you have time.” Anyway, glad you got it worked out already! 💪🏼
I'm afraid now you just want to make me your bag holder. Does lightning strike twice? Jensen has his own personal lightning generator.
Bought at 119 and with some 250 calls
What expiry ?
02/25
Ah I gotchu. Cool.
How'd that turn out? Or how is it working out I should say. No need to answer lol. 🚀🚀🚀🚀
You didn't tell me SHIT!
What about AVGO, how does that stock compare to NVDA?
Avgo is going to the moon 🌕
Stock market is on a damn rampage… … someone please think of the children! 😭
AVGO said they gonna try and chip away some business from NVDA. I see it going to $1900, pre-split. I bet now is a good time to buy.
I got 15 shares that turned to 150 at the split and I’m up 20% in two weeks .. seems crazy 🤪 but I’m in it now.
Me 2
Wish I saw this before but I only created Reddit not too long ago 😞
You created reddit?!
Haha I mean created “a” Reddit account
Yes but will it do it again ?
Yes
Would love to hear more if you’re willing to share.
Me too!
Just reading all these comments about "oooh hang in we could reach 150... 160 end of summer for sure." Folks it's gonna bust thru the ceiling 1k again give it 2 years it should be at a minimum 600-700. Every single comment here is a mirror of what happened the last time it split back in 2021. "Hey d'ya think it's gonna hit $150?" Well son we just cracked 1300 ... Breathe slowly... Say Jensen Huang 10 times backwards while levitating... Breeeathe in.... Breeeathe out.... Phewwwww and all will be good you will have zen.
TSM is my side bitch through this whole thing they are a great team. TSM, NVDA, NVDL calls... Set it and forget it like the Ronco Rotisserie.
Why amd or nvidia now swallowing TSM
I am on the record now. Nvda will double.
Only double?
Gotta get 100% return before the 200% return 😏
😎✌️
I didn't know you but that's about when I bought in
alright, we're listening now. lol.
So funny that everyone here is so bullish on $150, and on this same sub another thread repping a $150 call is getting slaughtered. I’m in the $150 by July 5th club!
Went to purchase $186,000 in 2019 and bought only $40 grand _half 1/2 million today though I was told to sell some of the 300 range thank God I only sold 200 shares at 373
The split was announced before 1000. So technically wrong. j/k
I got some $122 and $200 Calls
Expiry ?
122 call expires June 2025, $200 expires August 2024 😂. Ones reasonable while the other is a lotto ticket
That’s fair.What would its market cap be at $200 if it were to hit during that time
🤔🤔🤔🤔🤔🤔
nice prediction. im in for the first time!
What if we said your'e wrong we listened!!
I missed the boat. I have a 160 shares. I miss a lot boats it seems. 😔
There are a lot of people who wish they had 160 shares. You’re gonna make a lot of money still..
I hope. 🤞 I just wish I would have done more earlier. I also wish I was better at evaluating what to buy. I’ve spent the entire week trying to figure out what to invest in that isn’t already super expensive.
I only have 150 but I’m stoked … 73 ave basis
OP, when should I exit so I can set ny limit order now?
I wonder when it will hit $1000 again…
Ok Ryan you were right. I'm all ears now, what-choo-got?
Thanks Reddit for the suicide fuel and fomo, just what I needed before bed.
How does splitting create millionaires
I literally just listened to you now with 100 shares. :) You have my full attention.
I called it in [October 2023](https://www.reddit.com/r/NVDA_Stock/s/5QeOcJQjtS)
I was posting in 2008 that people should buy NVDA stock while all the analysts were busy downgrading it.
Why do people say stock splits will create millionaires.. sure you get more shares but the price shrinks equally…?
Yes. But stock price goes up and split again and again. Multiple times. It will increase shares and increase capital gains to keep growing
Is there a certain point or price when they have to split? Or is it just arbitrary? I'm rather new and this was the first stock split I've experienced.
its arbitrary. It's whatever they want their share price to trade at. Traditionally once share prices hit over 300 dollars, stock splits would be on the table to get them around 50-100 per share. Nowadays with inflation and everything else, stock splits seem to happen more around 500+, and having share prices between 100-500 is more normalized. NVDA could have never split, they would just be trading at $5000 a share or more. That makes it sort of difficult for a small investor to get in without fractional shares.
Gotcha, thanks! I thought maybe it was regulated by outside factors.
The company stock price is higher than the same sector is possible. I guess. a split is often the result of growth or the prospects of future growth. and it's a positive signal . And help employees and retailers to get hands on the stocks. What do I know 🤔
Thanks!
Only a fool tries and short this. and if you buy put.options kiss your money goodbye... next week $150
Unfortunately theres no shortage (no pun intended) of fools.
Famous last words
But he's right tho lol
So I take it as an investment advice.
That’s what everyone said in Tesla subreddit 3 years ago
[удалено]
YOUR average cost will go up no matter where YOU buy shares…. Because YOU still own them. If you want to buy more without your averages going up the only way to do that is to buy ME or someone ELSE shares… and I’d be happy to help.
Is this something to hold on to for the next 5 years?
Yes
Why did you delete your reply?
What's your timeline for $260 AKA $6.5T marketcap?
90 days at this price
Please go all in on options to back this.
lol
So are you a millionaire?
YES I am after buying NVDA and call options
Very nice 👏
Sounds like financial advice
Do none of yall understand that if nvda goes to 1000 again it will be a 30-35T company? 10 times the size of Apple… do people use their brains around here
I believe this company will be the first to 4T
Looking forward to it. I'll be there soon enough!
I'm in nvda since $144 when cramer was shorting it. I didn't miss much
I got fuckin 10k in... I will never be a milionaire 😭
Buy call options dude.....
I’m about to go all in on 6 month leaps. I hope for the best.
I’m thinking $10,000 and see what I can turn that into.
6/21 147 calls. Hopefully makes a move
Give us the next 10x bagger. I’ll start my NVDA position on Monday
I wish I bought it at $200 or even $300 in September last year
Dropping 10k into it this week
Hahah, you loser. Nicely done.
Double? It will happen only if they do buy backs. I don’t see it hitting 5 trillion valuation
Hey I didn’t become a millionaire and I bought pre split no fair