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Still kicking myself for selling the ~20 shares I bought in high school for a mere 100% gain back when the price was $40.
by jakeinspace 3y ago
Still kicking myself for selling the ~20 shares I bought in high school for a mere 100% gain back when the price was $40.
- esotericimpl 3y agoI'm still holding ~600 shares of NVDA from a $1,200 investment back when I thought it was amazing that this company made cards that made Quake 2 look incredible. 300k Investment on $900 dollars.
- tombert 3y agoI suppose it's good you didn't invest in 3dfx then.
- esotericimpl 3y ago[dead]
- tombert 3y agoHey, a win is a win, and profit is profit!
- edgyquant 3y agoI bought 100 shares of AMD for 8$ and sold at 16$ thinking I was a genius
- neogodless 3y agoI bought 1000 shares of AMD for $2.50 and sold them at $4 and thought I was pretty cool.
- mikestew 3y agoYou made a profit, no self-kicking allowed. Otherwise Old Man Mikestew is going to tell us stories about how he rode $STOCK all the way up, didn't sell, and rode it all the way back down to where he bought it, and then watched it dip below that. (Please note that "stories" is plural; slow learner, he is.) Don't be like me: never, never, never, never feel bad about selling shares for a profit. Sell it, go one about your day (IOW, quit looking at $STOCK, you don't own it anymore), take the spouse/SO out for a nice dinner if you made some serious bank. Which reminds me that now might be a good time to unload that NVDA I've been holding. I'm not completely unteachable.
- cinntaile 3y agoJust don't unload all of them. In case the stock goes bananas for whatever reason.
- mikestew 3y agoWhat I'm really going to do is put a trailing stop[0] on it in case it does continue to go bananas, and the stop can catch it on the way back down in case the banana scenario doesn't happen. :-) [0] Somewhat oversimplified for discussion purposes.
- binarysolo 3y agoJust... don't. Enjoy the profits when you get 'em. :) This forum is filled with people who sold all sorts of tech stocks way too early (or too late), and people nerding out over things and tossing them and them magically gaining tons of value over time - I'm thinking about all of my super early CCGs that I tossed when cleaning house, the 20 bitcoin I mined for fun way back in 2012 or whenever and then deleted from my laptop (that I then sold on eBay for $100), the 10k of AAPL I bought for like $5 and sold for $10, etc. etc. Same with all the early job opps and what not too - but we're the sum of our life choices till now and that's OK. :)
- pc86 3y agoAs others have intimated, you'll never go bankrupt by selling [for a profit] too early. I put $10k into bitcoin when it was $1500, and sold it when it hit $4k. Yeah, I can do the math at $60k and feel bad, but realistically if I had the mentality to hold it from $1500 to $60k I would have waited for it to hit $80k and I'd feel objectively worse today about those paper losses, albeit with a little bit more money in the bank. At the end of the day doubling your money is exceedingly rare, especially on any single security, no sense feeling bad you didn't 10x it.