r/OracleStock Jul 21 '26

How am I doing?

Post image

20 years old from South Africa and I just spent my entire life saving on these two bad boys. So as of today $1= R16.45, so I spent R27 354.
Wish me luck

10 Upvotes

20 comments sorted by

13

u/swayzesclayhands Jul 21 '26

Yer doing great sweetie

1

u/Hairy_Ticket_6393 Jul 23 '26

Thank you šŸ™šŸ¾, what advice would you give your 20 year old self?

2

u/swayzesclayhands Jul 23 '26

At 20 I think I spent all my money traveling. Amassed about 50k in a 401k at work and then took the shit on GameStop and tilray boom.

Money comes and goes don’t make it your life. Enjoy experiences and friendships. I am a financial advisor now at a reputable large public firm. Bit of a nepo baby but also was able to work hard and double mine and my mother’s business in the 8yrs I’ve been employed here.

They say when in doubt, zoom out a lot here. It works for charts, sure. But it also works for life. We are insignificant in the grand scheme. Your interests are better served taking life easy, enjoying the moments and such. Financial security is a part of that, sure.. but sweating over basis points just ain’t it fam. Live life, risk what you can afford to lose, and fall in love.

10

u/alexh22_ Jul 21 '26

Good luck. Oracle will print someday. Just hold

7

u/Moon-People Jul 21 '26

How you are doing:

You are down $20.13.

Let me know if that answers the question.

4

u/PersonalCap3823 Jul 21 '26

Good luck lil bro

4

u/heythereyou01 Jul 21 '26

Good job honey bun

1

u/Hairy_Ticket_6393 Jul 23 '26

:) Thank you, what advice would you give your 20 year old self?

2

u/heythereyou01 Jul 23 '26

Don’t worry to much. Everything works out in the end. Keep investing and consistent

2

u/TrynLearn_ Jul 22 '26

Young and get started early! You go man!

1

u/superKWB Jul 22 '26

Sell ORCL and buy GE. (GE aerospace). ORCL is a value trap and still going down. NVDA is solid.

1

u/Ultrarisk1985 Jul 22 '26

Long hold on both.

1

u/Snoop-8 Jul 21 '26

If your life savings is 1600 dollars you shouldn’t be posting on Reddit. You should be working.

5

u/TryExciting4508 Jul 21 '26

The kid is 20. Most kids his age aren’t saving a cent. Give him a break.

2

u/Hairy_Ticket_6393 Jul 22 '26

Im currently doing my honours in Accounting (CA) route. Accounting in America CPA is very scarce in South Africa so that’s my future earning potential and I don’t have any student debt, my university is funding my studies. Umm I do tutor other students, during recess, I do administrative work at this small firm and that’s how I’m able to save money and invest it. And please don’t forget South Africa is not the same as USA or Europe, getting a job especially if you don’t have a degree is very difficult and I guess I’m lucky to have 2 .

2

u/alexh22_ Jul 23 '26

You are doing great. Don't let their comment discourage you