3 ms·
I bought into AMD stock when it was $10 per share, it's now $180, yes it's a bit lucky but I'm not bullshitting. It seemed quite logical to me at the time that
by dralley 2y ago
I bought into AMD stock when it was $10 per share, it's now $180, yes it's a bit lucky but I'm not bullshitting.
It seemed quite logical to me at the time that they would do well. This was right as Intel was being savaged by Meltdown and the performance hits of the mitigations and Zen 1 was successful.
- wingworks 2y agoBut will you sell in time for all that growth to not be eroded away? Tech has been doing really well last few years, but it won't last forever looking at history. So when do you sell, and what do you buy when you sell. This is why people opt for low fee index funds, like a total stock market fund. It'll always be in the right companies.
- dralley 2y agoAs noted in my original comment, a large portion of my savings / retirement IS in index funds. My individual stock investments represent such a large percentage of my account only because they've done very well, not because I dumped all my money into them.
- dukeyukey 2y agoI did something similar albeit more recently - I saw Nvidia was doing _extremely_ well, and figured it would pull AMD up as one of the few genuine competitors. I was right.