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Nvidia has been a cash cow for retail investors lucky enough to buy before the huge AI-fueled rally. Early retail investors told Business Insider their gains have paid for cars, vacations, and dream homes. The stock's steep climb — up over 1,500% since 2019 — has transformed the lives of some of Nvidia's long-term retail investors, resulting in comfier retirements, new cars, and gains worth millions for some. Nvidia shares tumbled by more than 30% in 2018. That sense of security that such a windfall provides was the top theme among the Nvidia investors Business Insider connected with.
Persons: , I'm, ChatGPT, Tom, he'll, Danial hadn't, Danial, Roth, Jeff Roberts, Rick, He's, Chris Downs, Downs, he's Organizations: Nvidia, Business, Service, Vanda Research, Apple, Invest, Mexico City Locations: New Jersey, Texas, Costa Rica, Missouri, Bolivia, Paris, Mexico, Spain
Chris Downs, 41, returned to the same company twice after quitting in 2008 and 2021. In a recession, returning to one's old job might not be so easy. In 2008, Downs quit his job as an associate for the global consulting firm Booz Allen Hamilton. Economic uncertainty is among the reasons Downs says he is "even less likely to leave" his job again. If he were on the job hunt now, he says he would probably prioritize job stability.
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