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Your Biggest Success?

Posted on 7/26/24 at 11:24 am
Posted by nolaks
Member since Dec 2013
1286 posts
Posted on 7/26/24 at 11:24 am
Everyone loves the chance to brag. What has been your biggest success in investing? Could be a 10x bagger (or more), steadily piling into your 401K, real estate?

For me it was a bit of dumb luck getting a job with excess income around the end of 2008, and somehow deciding to plow it all into Apple. On the regret side, i wish i hadn't sold so much of it after it double, quadrupled, etc....
Posted by Willie Stroker
Member since Sep 2008
15641 posts
Posted on 7/26/24 at 11:48 am to
My biggest successes have been a result of reading this forum:

Getting out of the market in 2008 before the shite hit the fan. MB saw it coming.

Buying into Visa almost 15-18 years ago.

Buying into Nvidia in early 2022
Posted by masoncj
Atlanta
Member since Jun 2023
599 posts
Posted on 7/26/24 at 11:51 am to
Relative to today’s standard I would say Having children early in marriage and steady sales job the past ~20 years with matching 401k. great net worth relative to our age.

wife and are both 41. Have a daughter entering Auburn and sophomore in HS. Nest will be empty when we’re 44.

Not for everyone but I would encourage those that have found their true love to get married early and start a family and don’t wait until you are “financial secure”…whatever that means anyhow

Struggling financially early in our marriage and with a baby brought us together …will caveat we both have great parents ourselves and not everybody has that
Posted by Ostrich
Alexandria, VA
Member since Nov 2011
10135 posts
Posted on 7/26/24 at 11:52 am to
Marrying well
Posted by WhiskeyThrottle
Weatherford Tx
Member since Nov 2017
6926 posts
Posted on 7/26/24 at 11:52 am to
Sadly my company stock is my best performer. We get a 15% discount and I started buying our stock at the bottom of the barrel. I'm up like 45% overall in less than a year on it. Not huge dollars, but I'm not as experienced in the market as a lot of guys here are.

My big regret was buying AXON at $60 a share several years ago after getting to experience one of their products. It made me a believer, but then I sold it after the uncertainty during Covid. It's a $300+ stock now.
Posted by nugget
Abrego Garcia Fan
Member since Dec 2009
15666 posts
Posted on 7/26/24 at 11:54 am to
Bypassing 401k from 22-26, living cheap and buying a bunch of real estate. I can’t believe my dumbass had that self control in my early 20s.
Posted by OTIS2
NoLA
Member since Jul 2008
52175 posts
Posted on 7/26/24 at 12:07 pm to
FA bought Nvidia in March of '22...I followed suit in a separate account early last year. I wish I'd done that earlier.

Years ago, I rode WorldCom all the way up. I was probably up 8x...then I rode it to 0 with the quickness.
This post was edited on 7/26/24 at 12:08 pm
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
79046 posts
Posted on 7/26/24 at 12:24 pm to
Grabbed Royal Caribbean, Valero, Freeport, and Chevron during the pandemic.
Posted by GrizzlyAlloy
Member since Aug 2020
2581 posts
Posted on 7/26/24 at 12:40 pm to
SLI 10x and getting out on time.
Posted by notiger1997
Metairie
Member since May 2009
61272 posts
Posted on 7/26/24 at 12:57 pm to
quote:

get married early and start a family and don’t wait until you are “financial secure”…whatever that means anyhow

Struggling financially early in our marriage and with a baby brought us together


You are the exception in regards to this kind of thinking. Most people are headed for shitty time and a divorce when they start having kids and haven't gotten their shite together financially.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
79046 posts
Posted on 7/26/24 at 1:18 pm to
quote:

SLI 10x and getting out on time.


That's a long time ago. They weren't even USL yet.
Posted by NewIberiaHaircut
Lafayette
Member since May 2013
12310 posts
Posted on 7/26/24 at 1:18 pm to
quote:

Everyone loves the chance to brag. What has been your biggest success in investing?


Nothing special, just actually investing. Starting a Roth IRA in addition to my 401k. Then starting a brokerage account after the Roth. Investing and holding in basic index funds in each account. Combined with marrying right (she agrees with our financial plan), this simple buy and hold of basic index funds gave me a 7 figure net worth by age 37. So I'd call that success, and I didn't do anything special or make any huge moves on a single stock as I'm too busy to follow the market that closely. This forum helped tremendously when I was in my early twenties and got me on the right path.

My regret is I didn't start sooner. I didn't get my first real job until 2007 and once I was looking to start saving for retirement everything crashed in 2008. It scared the shite out of me. I wish I had started investing then but I was scared to lose the little money that I had at the time. Lesson learned!
Posted by TheWiz
Third World, LA
Member since Aug 2007
11865 posts
Posted on 7/26/24 at 1:23 pm to
quote:

steadily piling into your 401K

This and I think the person below mentioned just educating yourself on the basics by reading this board, WCI, and similar forums.

Not getting sucked in by a financial advisor.
Posted by BamaCoaster
God's Gulf
Member since Apr 2016
6604 posts
Posted on 7/26/24 at 1:53 pm to
Not investing, but I began my own biz in ‘16. Began another in ‘21.
Began another in’23.
Bought two large territories for a franchise in ‘24.
Beginning an overseas adventure in ‘25.

Sold the first biz for more money than I ever dreamed of, closing the second soon.


I am a believer in small biz, investing in the communities and people, and giving people opportunities. The people who work for the businesses make more than they ever have, and have opportunities of ownership and wealth. Also, investing in small biz generates WAY more wealth than stocks/real estate.

Edit: I take back the last sentence based on two posters below and his 1300% gain.
This post was edited on 7/26/24 at 3:18 pm
Posted by masoncj
Atlanta
Member since Jun 2023
599 posts
Posted on 7/26/24 at 2:19 pm to
Agree on God/religion, family/children, finance it’s a piece of cake

If you don’t on any of those three you are exactly right. Lots of issues forthcoming
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82043 posts
Posted on 7/26/24 at 2:30 pm to
Moved nearly my entire Roth IRA and HSA into MSTR in 2020 when it was around $120/share.
Posted by tigerbacon
Arkansas
Member since Aug 2010
4478 posts
Posted on 7/26/24 at 3:15 pm to
Buying a bunch of BAC at the lowest during the bank closures
Posted by Gorilla Ball
Az
Member since Feb 2006
12812 posts
Posted on 7/26/24 at 3:18 pm to
Started investing at 18 at suggestion of my dad. Just turned 60, I think I’ve done well considering I didn’t make over six figures until recently
Posted by el Gaucho
He/They
Member since Dec 2010
58465 posts
Posted on 7/26/24 at 4:08 pm to
I bought ihrt a month or so ago and it’s up like 70%

Y’all should buy
Posted by BestBanker
Member since Nov 2011
18921 posts
Posted on 7/26/24 at 4:51 pm to
634% gain on ZOM
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