Comment by IT4MD
1 day ago
I happened to "find" an very old IRA I had from a prior employer that had about $1200 sitting in it. I threw it all into GME. I pulled $500 in profits, and left the initial investment to ride.
Today, I'm down about $300 on those shares (taken with the $500 in gains, I'm technically still up by $200), and that's fine. I believe in the leadership, I like the company's current state (flush with cash, little/no debt) and I'm just going to keep letting it ride.
When I retire in 10 years or so, we'll see where it's at. Worst case, I'm out $700 bucks. Best case, I get that new riding lawnmower, for free!
Otherwise, it's Index funds, have a nice day, because none of us can compete with Wall Street.
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