Bought $700k of Intel Stock

I bought $700k worth of Intel stock today YOLO TLDR: Grandma died 2 months ago. Left me $800k inheritance. I'm only a junior in college as a math major and I don't really have any use for the money, nor do I have any debt (I'm very fortunate that my parents are paying for my education). I always heard about people losing their inheritance by spending it on garbage instead of investing. So I told my parents I'm not going to spend a cent of this money and I'm going to invest all of it and they were proud of me. I put 100 into a high yield savings account and boug. 700k worth of Intel stock at market open. I plan on holding this for a decade depending on how it performs.

A Reddit post shows a person claiming to have invested $700,000 of their inheritance in Intel stock, alongside a screenshot of the stock price falling. The joke is that the supposedly responsible investment immediately performs badly, turning a proud financial decision into an ironic loss. EN: A Reddit post shows a person claiming to have invested $700,000 of their inheritance in Intel stock, alongside a screenshot of the stock price falling. The joke is that the supposedly responsible investment immediately performs badly, turning a proud financial decision into an ironic loss.

• @gentoomemes / 12627 2024-08-03