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LOL @ My Investment

GTaudiophile

GTaudiophile

Lifer
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...
 
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.
 
ARM Stock Quote Chart

armmar2009mar2010.png


:awe:
 
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.
 
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.
 
Sweet, with the rise in smartphones and tablet/netbooks why didn't I think of this? 🙁

So are you going to hold or sell?
 
speg said:
Sweet, with the rise in smartphones and tablet/netbooks why didn't I think of this? 🙁

So are you going to hold or sell?
Click to expand...

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.
 
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.
 
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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