Would be a 'crucial mistake' to ever sell Nvidia stock: Ross Gerber
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Published 2024-03-13
All Comments (21)
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Have you observed the movement in Nvidia's stock this year?
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I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.
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I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.
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Tech stocks like Nvidia are like hidden gems for boosting your income. People often overlook them, but man, they shouldn't! These tech giants are where it's at for serious growth potential. So yeah, if you're looking to beef up your portfolio, don't sleep on those tech stocks—they’re worth focusing on for sure!
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Sold all my bonds and bought the new gold (NVDA).
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I read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current Bitcoin price at 61k.
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Agree, you would be a fool to sell NVDA now. The ONLY time you should sell is to strengthen your existing position. IE; to lower you cost basis by trading out of expensive shares when the price dips. Obviously protect your capital, and trim as needed but a core long-term holding of NVDA will only help your portfolio.
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LOVE HIS REACTION, NOOOOO!! I can't believe there are fund managers that would sell NVDA!! The price is way under P & E, it's moat is HUGE, and they are the GOAT for the foreseeable future!!
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You can listen to these analysts but don’t ever do what they say. It’s best to do your own DD and buy and sell per your individual needs and research.
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For the record. I wasn’t trying to pump up a mega cap stock on YouTube, that is ridiculous… I was trying to help people understand because I’m good at this stuff and trying to help others with good intentions. I am a nice guy.
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I love this guy!
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I put my everything into nvda in 2018 and have been saying it’s the greatest company I’ve ever seen and got in trouble since I’m a series 7 registered rep. Now I’m a rich guy that got in trouble.
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I’m considering rebalancing my $2M portfolios, So I'm curious about the best strategies to sell and buy stocks for my portfolio to hedge against market downturns and generate profits?
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This guy bought Cisco in 98 and is still holding.
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Absolutely true, I went 300% of my portfolio on NVDA.
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I prioritize stocks immune to economic policies, like NVIDIA and other AI stocks shaping future technologies. AI appears to be the trajectory for many companies, even established FAANG ones. Any other recommendations?
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They usually only appear and talking things up after the stock have run up and they are looking to sell.
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Nvda $8000 by 2030!
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totally agree with him!
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NVDA went from 3% of my portfolio to 20% since 2022. Each 'up' day it accounts for half my gains and on 'down' days, half my losses. But the ups are plentiful and the downs have been times to pick up more shares while keeping a core that I won't trade. Loved the 400s where there was a 100 point range to swap in and out and bank some nice gains for 4-5 months.
