NVIDIA is the new bitcoin
- Thread starter Tom Roper
- Start date
- Status
It is an anthology series and that episode was terrifying. Especially when she thinks she's outsmarted the dog by climbing a tree, she's going to wait out until his battery discharges, but it goes into power saving sleep mode and waits at the bottom. How true! I forget the ending but the whole series was really good.
ahalpert
Major Contributor
Probably more impressive if it doesn't fall over from a light push
NorBro
Major Contributor
lol. It couldn't be anymore obvious that it was showcased like that as she's trying to stop it from accomplishing the task at hand which is scoring the goal.
The robot could certainly be bigger or heavier and it would not fall over from any human push.
ahalpert
Major Contributor
Right but normally a human will take a step to the side to avoid falling. Like if the robot were on a construction site and knocked off balance it would be preferably to regain balance without falling than to fall but recover quickly
ahalpert
Major Contributor
isn't the % increase what matters?
Bassman2003
Veteran
Yes. % increase is always what matters more.
LAs a metric percentage change is illustrative but also weigh the total dollar investment because it’s your money at risk. Anybody’s guess but I think NVDA could fall on market opening Monday. Depending on the trend of it’s 30 day moving average I‘d like to buy more. We know the immediate financials are promising but news could affect its volatility
ahalpert
Major Contributor
This is why I'm not interested in trading individual stocks. Not good for my OCD. (I'm not diagnosed OCD but my personality trends that way)
Peter C.
Veteran
I have found it a distraction from work and leisure and an unwelcome source of stress. Great adrenaline rush when you’re up devastating when the market turns down. The lows are always lower than the highs. And you’ll always be frustrated that you held too long and didn’t take profits or you sold too soon and missed out decade bull run. People who are retired find it an activity the excites them as they check the financial news and talking heads opinions. All fine as long as you don’t lose your retirement fund where you won’t have time to make your money back if even possible which can push people higher up the risk curve. I’ve known people who’ve lost their home and life savings trying to out smart the market.
Last edited:
No. You have to think like a winner. Use a broker with low transactional fees. Set your stops. Diversify. Play the long game. The people "you've known" were gambling, not investing. Do you realize, CocaCola has never missed a dividend payment in its history? I pay little attention to the talking heads. Publicly traded companies report earnings quarterly. It gets my attention when they don't meet their earnings estimate. Of no-load mutual funds from Vanguard, T. Rowe Price, Fidelity, Principal, Washington Mutual, American Funds; each one contains a managed portfolio of stocks or bonds. Each one has a strategy. One is indexed to the Dow. It doesn't try to beat the Dow because it *is* the Dow. Another chooses stocks or bonds based on different objectives, growth, income, tax free earnings. Recently it's been in the news that a small percentage of wealthy people earning $200K per year pay no taxes. They are not tax cheats. They are invested in tax free bonds and municipals. This is how governments finance public projects. Public servants often manage these projects poorly and some of them fail. The overall rate of return is low, but as a group they are safe, if individually not.
When you are young, investment strategy suggests buying the high risk investments with high growth potential. Why not? What have they got to lose? As they get older the mix changes toward lower return, safer investments paying dividends and interest income.
So you decide what percentages will be the composition of your portfolio. This is no different than your pension, 401K, IRA. You elect that dividends and interest are reinvested to purchase more shares. If you have a steady income or salary, put a percentage of it towards this goal with every pay period, especially important if you employer matches a % of your contributions. That's free money.
Mutual funds have managers, whose job it is to buy and sell stocks within the fund to maximize your return and protect your investment. Stocks and bonds often move in opposite directions balancing the risk.
If you're doing all that, then short of world war or natural catastrophe, you can take 1% and put it toward the high risk flyers, NVIDIA, Tesla, Dell, AMD, Intel, Bitcoin, Amazon, Cisco, Apple. Of that 1%, you could lose it all, or exceed all the other earnings combined. That's the nature of it.
The gamblers and day traders, pay a price if they are making money. It's called short term capital gains. If you buy and hold for 1 year or longer, it becomes a long term capital gain when you sell it, which is taxed at a lower rate.
Dollar cost averaging is a growth strategy where you put it in a fixed amount each month, and during months when security prices are falling it buys more shares, and when prices are rising it buys fewer shares, but overall it averages out.
So what did NVDA do today? I don't even have to watch it. (But I did :smile
- Status