My First 650% Gain! : Small Time Blog
Home
Services
Portfolio
All Stars

My First 650% Gain!

by Bradley Voight on 11/10/17

I bought 50 shares of NVDA @ $33 per share in December of 2015 in my IRA account. I sold 25 of them @ $66 thinking hey, I doubled my money.......a mistake and a blatant disregard for the rules of owning a fast grower! Well the stock kept going and is now trading at over $215! The companys' market cap is $130 billion, roughly half the size of Intel Corporation (INTC) @ $213 billion. I expect Nvidia to equal Intel's size within a couple of years. 


I discovered Nvidia when it was 10 dollars a share and I waited till it tripled before buying! So how much is my $825 purchase worth today? 25.8 shares (.8 shares were bought with reinvested dividends) times $216.50 which is friday's (11/10/17) closing price equals $5,585.70 for a profit of $4760.70......plus the $825 that I doubled by selling @ $66 means that I made an additional $825 and took out my original $825. This means my 25 shares were free!!! Nvidia was on my watchlist for years and my watchlist is typically over 40 companies! When you keep a watch list and study it, opportunities WILL present themselves, it is all about paying attention.

Comments (0)


Leave a comment


Disclaimer: This is not investment advice as I am neither licensed nor qualified to advise anyone's financial decisions. It is a site presenting an "out of the box" set of ideas on how to possibly maximize profit from recycling, creating an incentive for people to recycle. Smalltimerecycling.com and I Brad Voight are not responsible for any losses incurred from tips or suggestions presented on Smalltimrecycling.com, they are simply my own opinions and I encourage you to form your own opinions.
Also, the Smalltime Blog is not intended to be journalism. It is my own personal commentary on market factors, conditions, and events and other commentary relative to the content on Smalltimerecycling.com and is by no means meant to convey news or provide coverage of any news event.
Smalltime Public Company & Stock Fund Watch List (click each link to learn more)

RVLT

SGLB

MJNA


PLUG

MYEC

TAN

FAN

CPST

PBW

KR

SIRI

AMRS

HASI

RDNT

PI

RIOT



















Small Time Recycling's Mission Statement

Our primary mission is to reclaim valuable recyclables from the waste stream and bring attention to the wastefulness of America. Currently we are recycling metals and e-waste. We will show you that what looks like worthless trash can actually be invest-able capital. Our secondary mission, the Smalltime Model Portfolio, is a long term clean energy based portfolio that was born entirely from the trash. The portfolio is actively managed by me using all of the free information available online. The Smalltime Blog follows the SMP and is also a non political commentary on metal, stock, currency and other markets. The Smalltime Blog is also where the hard lessons of a self taught investor are discussed.
Tractor Supply Company
LinkShare_300x250
ReUseIt.com
Free UPS ship to store on all Tractor Supply Company orders! Shop now!
​$1 billion worth of aluminum cans trashed each year in America. 
That's $16 billion thrown away this century!