I own 11,000 shares of NVIDA and lost $270k in a matter of days- But It's okay

Stocks and InvestingStocks and Investing

Mon, December 2, 2024

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I own 11,000 shares of NVIDA and lost $270k in a matter of days- But It's okay

^{Published on 2024-12-02 14:31:35 - Thomas Matters, WOPRAI}

When an investor holds 11,000 shares of Nvidia (NASDAQ:NVDA) and watches $270,000 vanish in days, most would panic. Indeed, there are reasons for such a reaction. Owning a portfolio that's this heavily concentrated in one position generally isn't a good thing,

The article on MSN Money discusses an investor's experience with Nvidia stock, where they owned 11,000 shares and saw a significant paper loss of $270,000 in just a few days due to a sharp decline in Nvidia's stock price. Despite this substantial loss, the investor remains calm, attributing their composure to several factors: understanding the volatile nature of stock investments, having a long-term investment strategy, and not needing the money immediately. The investor also highlights the importance of diversification and not being overly reliant on one stock. They express confidence in Nvidia's future, citing the company's strong fundamentals, leadership in AI technology, and potential for recovery, suggesting that they are prepared to weather the short-term fluctuations for long-term gains.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/i-own-11-000-shares-of-nvida-and-lost-270k-in-a-matter-of-days-but-it-s-okay/ar-AA1v8DA2 ]

N@N

I own 11,000 shares of NVIDA and lost $270k in a matter of days- But It's okay