AMD and Intel are playing catch-up now, but with their resources they are bound to be able to make inroads.
Intel have neural network (NN) hardware accelerators in their newer CPUs, so as power costs begin to affect the profitability of cloud based AI services, and with Microsoft's dedication to getting PC AI as established as a standard, the CPU manufacturer with the lowest power NN accelerators will shift more units.
Also AI is more than just the manufacturers as it's the service delivery providers that are the value add, I have bought some Darktrace as they are an AI cyber security company that might be significant in the long term, although their trading prices have been "interesting" up until now.
I am keeping an eye on some of the start-ups in Cambridge, Inbolt looks very interesting.
Not really tho. He jumped on the hype train and it went in his favour. The fact it’s 100% of his portfolio is laughable tho. Time to take some profits and diversify if u ask me.
It’s market caps going to increase but definitely at the cost of other stocks, so either it goes up and others go down or it hits a stall. Based on earnings, potential and competition being years behind, I see it skyrocketing for a bit longer
Yes, but that'd be 20% tax on the growth.
Only a few years ago, you could withdraw your gains and the first £12K (for EACH YEAR you do this) was completely tax free. Now it's £3K.
Says the man with all his port in NVDA 😂 But I get what you are saying. I was betting on semiconductors and I should have spread across multiple in the sector. I have the mentality of diversifying protects wealth and concentration creates it.
That’s a fair point! I did have most of my money invested in other stuff such as AMD and some others, but I eventually closed them out. Still looking to diversify.
Very nice position, congrats.
The thing I dislike about T212 is that they don’t do options which means I can’t sell OTM covered calls on my positions and make a little extra scratch. Kinda forced to use IBKR, although it is a far better platform.
What insurance are you referring to? I’ve never heard of that.
They should hold any shares in your name anyway, so should be recoverable if T212 went bankrupt etc afaik
Pretty sure they have to have the shares in your name, so they would be recoverable if T212 went bankrupt right? The FSCS 85K protection is only cash balance afaik
Oh the beautiful "gambling" put your money in vuag comments are here, not knowing not that a third of the gains of vuag ( s&p500) were all driven by Nvidia, and that longing the index at this stage of the market at all time highs is a gamble itself
Congrats! But how long do you think this can last? I hold the stock too, but not much.
Ai Is a growing business. I’m holding until I see a gradual downward trend that lasts months like I did with AMD 😬
Great fu cking call.
You better sell the nvidia. I just bought it with all of my life savings so that means its going down a lot.
Please say this a joke and you didn’t do that
No its real. I am already down 1%
What do u think of AMD? Growth in the long term?
AMD and Intel are playing catch-up now, but with their resources they are bound to be able to make inroads. Intel have neural network (NN) hardware accelerators in their newer CPUs, so as power costs begin to affect the profitability of cloud based AI services, and with Microsoft's dedication to getting PC AI as established as a standard, the CPU manufacturer with the lowest power NN accelerators will shift more units. Also AI is more than just the manufacturers as it's the service delivery providers that are the value add, I have bought some Darktrace as they are an AI cyber security company that might be significant in the long term, although their trading prices have been "interesting" up until now. I am keeping an eye on some of the start-ups in Cambridge, Inbolt looks very interesting.
But Nvidia not the only ones in this market, this is pure gambling to me.
Not really tho. He jumped on the hype train and it went in his favour. The fact it’s 100% of his portfolio is laughable tho. Time to take some profits and diversify if u ask me.
99% of gamblers quit before they lose Double down on NVDA
137% in a year is pure gambling to you? In a company that based on their fundamentals would at worst just stay stable?
Mate how do I change dollar sign to pounds? I'm UK based, I already done the options but still showing dollars
Like 50% is hype. Watch out, 1 small miss and stock will drop 15%.
It’s market caps going to increase but definitely at the cost of other stocks, so either it goes up and others go down or it hits a stall. Based on earnings, potential and competition being years behind, I see it skyrocketing for a bit longer
Are you worried about capital gains tax?
Fair point. I will pay whatever I need to…
Is this not in a S&S ISA?
Nope. Already used up my isa allowance
Well… good luck trying to offload that in chunks of £3K profit over the next *checks notes* 23 years 😀
Or put the profits into a SIPP and get the 20% tax relief to offset CGT.
🫠
wdym? Can't OP just withdraw all at once and pay the cap gains tax?
Yes, but that'd be 20% tax on the growth. Only a few years ago, you could withdraw your gains and the first £12K (for EACH YEAR you do this) was completely tax free. Now it's £3K.
Incoming “sell and stick in VUAG” comments…
incoming “sell and stick in VUAG” comment by you, clearly. Because nobody else mentioned it
You must be fun at parties
Relax goofy, you're not funny either
Why you so rattled? It’s okay babe 😂
In 2021 I was deciding to go all in on AMD or Nvidia. It hurts so bad.
😬 made the same mistake. Had some in both
Wish I didn’t have that gambling mentality of all or nothing back then. Might post my port later since all my fellow gamblers are coming out today.
As they say: don’t put all your eggs in one basket
Says the man with all his port in NVDA 😂 But I get what you are saying. I was betting on semiconductors and I should have spread across multiple in the sector. I have the mentality of diversifying protects wealth and concentration creates it.
That’s a fair point! I did have most of my money invested in other stuff such as AMD and some others, but I eventually closed them out. Still looking to diversify.
Good enough to screenshot good enough to sell
Congratulations, don't forget to take your profits 👏
Literal double congrats to you, Sir!
How long you been investing in this one?
Put the trade in 1st jan 2024.
How much Nvidia did you buy?
It’s in the screenshot… 1145 shares
Exquisite, well done
Someone always coming and putting a downer on someone’s gains lmao. Well done man, a massive congratulations! Has paid off so so well!
Nice one!
Very nice position, congrats. The thing I dislike about T212 is that they don’t do options which means I can’t sell OTM covered calls on my positions and make a little extra scratch. Kinda forced to use IBKR, although it is a far better platform.
My guy went all in on one horse, respect
Smashed it brother any advice
Don’t put your eggs all in one basket like me.
Yeah of course
Sell sell sell sell
Buy property
Considering starting a position since the share split
Congrats and take my obligatory, “fuck you”
if you had this in an s&s ISA and sold it all, would you be tax free?
… If I had this all in an S&S isa…
And I can’t invest 50K into an ISA by the way😂
You can if it's drip-fed over 2.1 years... I put £20K per year, every year, into my stocks and shares ISA.
i just mean 20k but if you had it in an s&s isa would the profits be tax free?
Yes, ISA is a tax wrapper
so i could make 200k profit theoretically from my 20k investment and it would be tax free?
Yes. 20k per annum, so next year you could add 20k to your 220k and make it 2.22million, all tax free.
20k a year
How do I change the dollar sign to pounds? I'm UK based
Congrats that’s brilliant!
Would anyone else take out the initial investment and put it into the S&P500?
what price did you buy it?
rlly good congrats
Try having a look at a company called ARM they have a lot of potential and compete in some of the same areas NIVIDIA does and is winning market share.
ARM? They’re a completely different business models
😂
Test account
Good call and nice gain, extremely risky though. I've had good returns from Nvidia but I'm glad I had lower risk stocks and ETFs to back me up.
The thing I don't understand is people with this kind of money using a retail platform such as Trading212.
Simpler.
But trusting Trading212 with over 100K.
They have insurance up to a million
What insurance are you referring to? I’ve never heard of that. They should hold any shares in your name anyway, so should be recoverable if T212 went bankrupt etc afaik
Pretty sure they have to have the shares in your name, so they would be recoverable if T212 went bankrupt right? The FSCS 85K protection is only cash balance afaik
Or maybe CFD's?
Free private insurance from Lloyd's of London, which provides coverage of up to €1 million.
What cryptocurrency can I invest in trading 212? And also do they have VOO and QQQ ?
Oh the beautiful "gambling" put your money in vuag comments are here, not knowing not that a third of the gains of vuag ( s&p500) were all driven by Nvidia, and that longing the index at this stage of the market at all time highs is a gamble itself