How is everybody faring so far? Was it ultimately worth it? What upside did you see?
Helped me recover all my losses from the weed sector.
Anyone investing in AMD?
- Thread starter Neuromancer
- Start date
Helped me recover all my losses from the weed sector.
Jimmy Two-Times™
Coli Mods Catch Me If U Can Forgive Me Imma Ridah™
How did you invest it (using what app or service) and how much did you put in? When do you see a return on your investment? is it weeks/months/years?
I invested in AMD slowly about 6-7 months ago and about 3-4 months ago I invested it in heavily once I moved all of my money from the weed sector into AMD & Microsoft. It has grown 80% in the past year, which is almost 2x your investment, and has grown 30% in the past three months so I have accumulated some nice gains.
At this point I first put 6% of my paycheck into my 401k (which is up to what my company matches).
I then put a few hundred into my Roth IRA. (Can only continue up to $6000 annually)
I then put about 20% of my paycheck, after taxes, into stocks and crypto. A lot of folks will tell you that’s an aggressive amount to put into stocks/crypto but I’m at the point I don’t really have any debt so
I’m not an investment guru but if you look at the stock market holistically, despite dips & recessions, the stock market always increases. This is why folks stress heavily about retirement accounts because it’s just money growing. Whether it’s weeks, months, or years your money will usually grow if you invest in the typical blue chip stocks.
I think a realistic approach if your new is to put 5% of what you make into the stock market if you can afford that. Some folks on here who are more advanced than myself can provide you with better advice more than likely.
Jimmy Two-Times™
Coli Mods Catch Me If U Can Forgive Me Imma Ridah™
I need someone to hold my hand with this. Imma make some free time to learn this skill properly. I don't wanna still be working past 40-50 years old.I invested in AMD slowly about 6-7 months ago and about 3-4 months ago I invested it in heavily once I moved all of my money from the weed sector into AMD & Microsoft. It has grown 80% in the past year, which is almost 2x your investment, and has grown 30% in the past three months so I have accumulated some nice gains.
At this point I first put 6% of my paycheck into my 401k (which is up to what my company matches).
I then put a few hundred into my Roth IRA. (Can only continue up to $6000 annually)
I then put about 20% of my paycheck, after taxes, into stocks and crypto. A lot of folks will tell you that’s an aggressive amount to put into stocks/crypto but I’m at the point I don’t really have any debt so
I’m not an investment guru but if you look at the stock market holistically, despite dips & recessions, the stock market always increases. This is why folks stress heavily about retirement accounts because it’s just money growing. Whether it’s weeks, months, or years your money will usually grow if you invest in the typical blue chip stocks.
I think a realistic approach if your new is to put 5% of what you make into the stock market if you can afford that. Some folks on here who are more advanced than myself can provide you with better advice more than likely.
I need someone to hold my hand with this. Imma make some free time to learn this skill properly. I don't wanna still be working past 40-50 years old.
Reddit gets a lot of hate on here but you’ll find some legit advice at r/investing.
Jimmy Two-Times™
Coli Mods Catch Me If U Can Forgive Me Imma Ridah™
I fukk with Reddit big time. It's so resourceful for IT. I'm lurking on there every other day for topics about Cisco.
What reddit threads do you recommend?
GetRichOrDieTryin
Superstar
is it worth buying now?
I’d advise you to do your own due diligence my brother but personally I think it’s a good buy due to what’s coming in the foreseeable future. It definitely has had a crazy run up the past few months but I mean, you could’ve said the same thing many times over the past few years.
ahomeplateslugger
Superstar
i always tell myself profit is profit but man i should've held especially since i bought in at i think $15.
