LOL @ My Investment

GTaudiophile

Lifer
Oct 24, 2000
29,767
32
81
I woke up one morning last year. Still groggy, I logged into my banking website and on a whim decided to invest some money in ARM (CPUs). I kind of forgot about it. Well, I just checked it for the first time in a while...and it would appear that I have doubled my money in less than a year if I am looking at the numbers correctly. Yeah, somewhere along the lines of 90% return.

Should have invested more...
 

IronWing

No Lifer
Jul 20, 2001
70,225
28,927
136
Moore's Law. Your investment should double every 18 months; ride that tiger!
 

nerp

Diamond Member
Dec 31, 2005
9,865
105
106
It wasn't hard to double your money after March 08. Just look at the charts.
 

mshan

Diamond Member
Nov 16, 2004
7,868
0
71
Yes, you were lucky and bought near market bottom, just before explosive recovery afterwards.

Lots of stuff doubled, tripled, or more if you start from that timepoint.

And if you were watching your investment more closely, it is quite possible you would have sold earlier when market had gone up a lot, but looked like it was heading for a correction.

Congrats on the return, but I wouldn't expect that type of return going forward to be so easy to obtain.
 

SlowSpyder

Lifer
Jan 12, 2005
17,305
1,001
126
I bought a few hundred shares of AMD around $4.70 a while back. I feel like a Wall Street genius. Or I was lucky. You guys can pick whichever.
 

Ricochet

Diamond Member
Oct 31, 1999
6,390
19
81
If you can consistently predict the movement of stocks, you do not need a day job. Perhaps that is why you Wall Street geniuses can afford to nef on AT all day.

Unfortunately, for every one of the success story there is at least 10x the amount of people who are on the losing end.
 

speg

Diamond Member
Apr 30, 2000
3,681
3
76
www.speg.com
Sweet, with the rise in smartphones and tablet/netbooks why didn't I think of this?

So are you going to hold or sell?
 

Hacp

Lifer
Jun 8, 2005
13,923
2
81
Sweet, with the rise in smartphones and tablet/netbooks why didn't I think of this?

So are you going to hold or sell?

Sell, the price of future profits is probably priced into the stock. It won't be going up anytime soon. Success is already assumed so there is very little upside unless ARM somehow manages to upend Intel.
 

mshan

Diamond Member
Nov 16, 2004
7,868
0
71
Looking at chart of the Nasdaq since last March, seems like you basically performed in line with index: low around 1350 to current value around 2400.
 

Rudee

Lifer
Apr 23, 2000
11,218
2
76
I invested heavily into the stock market in Feb of 2009 and all the stocks (mostly commodities) I purchased are up, with the majority of them being doubles and triples. Coming off a market bottom like we had last winter, it's not difficult at all to double, triple your investment dollars if you do a little homework.
 
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