The Investor of the Month title can be awarded to a Reddit user with the nickname Sad_Nefariousness10. The reason? He inherited $800,000 from his grandmother and invested $700,000 of it in Intel stock, exactly one day before the “blue” company announced it was laying off 15% of its employees, causing the company’s stock to drop 30%. He also invested the remaining $100,000, by the way, but in a high-interest savings account.
It is worth noting, of course, that the value of Intel shares may well return to previous values, and even increase in the future. At the moment, the guy plans to keep these shares in his possession for the next ten years, depending on what happens to them next. It’s good that he did not panic and decide to immediately sell the shares at the bottom, which would be a pretty stupid decision when it comes to Intel, and not some “no-name” startup.
