How much Nvidia is too much?
First, a note about me…I grew up on welfare and food stamps. I know nothing about money, investing, finance, etc. I read every word of this thread, though, and I just google the terms I don’t know.
Eric and I did well for ourselves as far as pensions, savings, etc. over the course of our careers. We also inherited 1/4 of his father’s portfolio upon his death in late 2021, which he, in turn, had inherited from his parents. He was a lovely man…odd, eccentric, majorly OCD, a poet, total Luddite. No cell phone, no TV, no answering machine. His finance lady would provide options and he’d always say “I’ll think about it,” but he’d never get back to her so she just did what she thought was best. She made him a very wealthy man. She became our finance lady upon his death. I turned over my 401k to her care in late 2022, she converted it to an IRA and it has quadrupled in value.
Anyway, she invested in Nvidia for Pop many years ago and now, of course, it is worth a staggeringly large amount. My concern is, how much is too much, as far as percentage of stock portfolio worth? All this talk about an AI bubble has me concerned. I trust our gal implicitly, but I’d like to hear all y’all’s opinion.
Thank you,
NotAFinanceWizardChick