18m with 5k in savings just looking for some guidance
$NVDA$SPMO$MU
AI SUMMARY — An 18-year-old with $5,000 in savings seeks guidance on long-term stock investments, considering NVDA, SPMO, or Micron. Key risks include concentration risk with limited diversification, inexperience managing volatility, and potential opportunity cost if these high-growth stocks underperform.
| TICKER | NVDA |
USER | u/Objective_Yak6324 |
| RATING |
NEUTRAL |
ENTRY |
$204.65
|
| POSITION |
16 sh
SYN
|
BOOK VAL |
$3274.40 |
| CURRENT |
$218.36 |
P&L % |
+6.70%
|
| CURR VAL |
$3493.76 |
P&L $ |
+219.36
|
| TICKER | SPMO |
USER | u/Objective_Yak6324 |
| RATING |
NEUTRAL |
ENTRY |
$155.49
|
| POSITION |
21 sh
SYN
|
BOOK VAL |
$3265.29 |
| CURRENT |
$153.84 |
P&L % |
-1.06%
|
| CURR VAL |
$3230.64 |
P&L $ |
-34.65
|
| TICKER | MU |
USER | u/Objective_Yak6324 |
| RATING |
NEUTRAL |
ENTRY |
$1043.19
|
| POSITION |
3 sh
SYN
|
BOOK VAL |
$3129.57 |
| CURRENT |
$910.43 |
P&L % |
-12.73%
|
| CURR VAL |
$2731.29 |
P&L $ |
-398.28
|
Hello everyone I hope your all well, to start I wanna apologise because Im sure that this forum receives posts like this all the time.
Ok so heres the deal I just turned 18 not too long ago and just reached 5k in savings, I want to start investing because my dad said I should start now and that he regrets starting in his late 20s.
I was thinking of putting my money in NVDA long term or maybe SPMO or even micron. I was hoping that I could get steered in the right direction with the help of the people in this forum.