Quote:
Originally Posted by ChiliConCarnage
Oh sure, lots of stocks are up a ton. There are quite a few speculative type things that are up 100+ since the election basically.
It's just his entire IRA must be allocated that way. It'd be one thing if he started it last year and it was his first 12k. The inception date on the IRA is 2008. I'm amazed. I don't have the risk tolerance for that. I just do almost all index funds and don't look at my retirement accts. I don't even have the apps on my phone lol. Just my taxable brokerage accts that I play in. Even half of those are just funds
|
Well, it didn't start out that way. When I bought NVDA in 2017 it was a small percentage of my IRA account, now it's around 60%. ****er just wouldn't stop growing. I've already sold half so the gains are locked in. I'm hanging on to around 1k shares.
The volatility doesn't really bother me. It could drop by half and I'd still be way ahead. I did split some into a more conservative portfolio as a hedge.