I own AMD stock and it went from about $89 at the end of July to today at $146 and after hours over $148. After the merger is completed with Xilinx by the end of the year the price will go up and up. Last year was pretty good too.
I plan on retiring next week. I will make more retired then working thanks to buying stock.
I plan on borrowing money from the broker (buying on margin) to buy more stock when it dips then sell the extra stock when the price goes back up. This way I do not touch the principal.
I recently bought 2,000 extra shares at $114 with borrowed money and have not yet sold but right now that extra is worth $68,000 at $148
If I sell at $200 which will happen within the next 6 months (I think months less) then it will be worth $172,000
I retired 10 years ago and started mining Ethereum with 30 video cards in Dec 2017 with 15K investment which went up to 29k in hardware. Today, after using 15K in proceeds my profolio is 280K. I literally make $2,400 a month after electricity. My son got me to do this with my money and he didn’t.... I had $8,700 in April 2020 and it hit an all time high this week.
Just don’t forget to protect the huge gains with trailing stops in case a 2000 or 2008 like event occurs.
You’ll never know when it will come but it will.