XRX has made a good run the last couple years
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:-)

So just parking cash there is your plan or buying something soon?
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My plan is to park money there to see if I can grasp concepts. So I bougjt 70 dollars of this share. Should I schedule an appointment ar the lambo dealership now? Hopefully I can buy a mutual fund index fund idunno the difference. I don't make much money so it will take time
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Saw this chart on reddit today. It's a pretty solid roadmap IMO.


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NVIDIA 5 year chart.
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Don't show that to HogFarmer as he got in early at around $38 or so and he bailed at $65 thinking he was smart. He may jump off the end of that chart! :-)
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Truly. I'm actually going to build a portfolio. I'm going to have a couple financial advisers but I wanted some Chiefs Planet input. Besides what I do with the advisers I'll end up doing something on my own. Maybe I should do a small portfolio based on the advice from Chiefs Planet.
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I know NVIDIA makes video cards but I'd like to know what's driving their success.

XRX what's that and what do they do?
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I believe that Step 3 should be prioritized over Step 2.
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There's always room for tweaking based on the specific situation, but I don't disagree with it. There aren't many other ways to get a 100% rate of return immediately on an investment. Plus, it's good to break the ice on saving for retirement rather than saying "Someday, I'll start."
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Dave Ramsey would agree with you.

I would not, however. You are denying yourself free money without prioritizing Step 2. And If you don't start saving early, those people will never have anything. I will say it depends on how much high interest debt you have compared to your salary though.
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Actually, I was talking about the flow chart. In the long run, I prioritize food over shelter.
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Ha. Got it. I can agree with you there.
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I got some good advice here about self directed stuff, and Vanguard has good performing funds with low fees, so that's as good of advice as I've gotten.

Naturally you won't hear a word about any of that from an adviser because they're after commission.

If you're looking for Industries to pile into mutual funds with:

I'd stay out of Health Care. It has made a killing, but with all the non-sense, it would scare me.

I'd be out on anything Ag. Monsanto may be in some shit with this extend bean and the chemistries shitstorm they've created. They probably won't hurt but they may. Sometime is the time to get into machinery, but I'd try to look for a bounce in the corn price first.

Oil industry is in the toilet, I thought there was a decent look there, but crude fell out of bed again, and my understanding is that it is a bloodbath. No idea WHEN to get in, maybe now.

I'd look at defense, maybe steel if you're willing to gamble.

Another thing I would look at is I wouldn't want to be really heavy in anything that is holding a lot of cash outside the US (Apple, for instance) That is a giant problem for lawmakers that they will at some point have to address, and it may get ugly for some of those companies.

Retail might be one to look at as the industry has gotten leaner.

I'm pretty dumb when it comes to stocks, but that's what I would do if I were trying to manage things intensively.
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GPUs taking over workloads from CPUs. AI Datacenter is what's driving their revenue growth right now I think. 50% rev growth last quarter

They're also at the forefront of powering autonomous vehicles. When the Audi A8 launches next year it'll be the first production vehicle with what's considered level 3 autonomous driving using Nvidia tech. Lots of companies competing for this market though
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