Crossing $3M with only Intel
2 years ago i put in $700k into Intel at a 30 dollar avg. I wont lie and say it was an easy hold, especially with all that money being money i inherited from my late grandma. I was in school at the time, although i've already set aside $100k into a high yield savings account it was $700k into one stock and you can imagine any what any sane family would say. Things took a nasty turn shortly after i made the investment, INTC went to $20 and i lost more than $200k on paper. The relationship with my family grew shaky at the time, the nasty reddit comments and dms kept coming and never stopped as the stock kept sliding below my avg. All my life ive been a pretty positive guy , but this whole debacle threw me into almost a year of darkness, i deleted the old reddit account not long after.
Enough of that now. Times like these maybe a post like that would save someone's life or future. Life isnt over when your portfolio takes a dump all while not a single person believes in you. Life also isnt over when youre up generational wealth. Profits are not profits until realized, lives arent changed until then. As for me , im doing well and dont desperately need the money atm and will probably hold for a little longer here before i begin the first trim as i truly think there is still a good amount of upside. Ultimately i would still keep at least 30% of the shares i have now for a decade or more.
Thanks Grandma.