In the world of investing, patience can be the key to substantial rewards. We’ve gathered insights from founders, marketing managers, and other experts to share their experiences where patience in holding a stock position paid off. From a tech stock that tripled an investment to the long-term validation of Nvidia shares, here are six personal stories of perseverance in the market.
- Tech Stock Patience Tripled Investment
- Disney Shares Reward Long-Term Faith
- Digital Marketing Bet Pays Off
- Travel Industry Pick Proves Profitable
- Cloud Computing Choice Skyrockets
- Nvidia Investment Validates Patience
Tech Stock Patience Tripled Investment
During the COVID-19 financial crisis, many stocks were plummeting, and it was a challenging period for investors. I held shares in a technology company that I had strong faith in due to its innovative approach and solid fundamentals. The stock value dropped significantly amid the market turmoil. I remained patient and refrained from selling, trusting in the company’s long-term potential.
Over the next year, as the market began to recover and the demand for technology surged, the stock’s value soared, eventually tripling my initial investment. This situation reinforced my belief in holding onto well-researched investments despite short-term market volatility. Patience, a resilient belief in the fundamentals, and a long-term perspective proved to be invaluable.
Ace Zhuo
Business Development Director (Sales and Marketing), Tech & Finance Expert, TradingFXVPS
Disney Shares Reward Long-Term Faith
In early March 2020, I held a significant number of Disney shares, trading at over $140 each. Then COVID-19 hit. By late March, the stock plummeted below $90—a 35% loss. Theme park closures, delayed movie premieres, and halted cruises all contributed to this drop.
I was tempted to sell. The uncertainty was overwhelming. But I remembered the advice I often gave others: patience often pays off with blue-chip stocks. Disney has weathered many storms in its nearly century-long history.
I decided to hold. It wasn’t easy watching the daily fluctuations, but I stood firm. Over time, Disney adapted, focusing on streaming services and eventually reopening parks.
Markus Kraus
Founder, Trading Verstehen
Digital Marketing Bet Pays Off
Years ago, I invested in a small digital marketing software company. At first, the stock didn’t perform well, and many advised me to sell. However, I believed in the company’s innovative approach and decided to hold onto my shares. The company grew steadily over the next five years, and its stock price increased substantially. By waiting and not panicking, I saw a great return on my investment. This experience reinforced the importance of patience and research in making smart investment decisions.
Shane McEvoy
MD, Flycast Media
Travel Industry Pick Proves Profitable
Certainly, patience in stock investments has been a game-changer for me, especially during the uncertainty of the COVID-19 pandemic. During that period, I saw an opportunity in the travel industry, which was hit hard. I purchased shares of an Australian company, Webjet (WEB), among others, when airline stocks were plummeting. Holding on to these stocks required patience, especially through the turbulent times.
Now, this position is up by 60%, demonstrating that with the right choices and some patience, investments can pay off handsomely in the long run. This experience has reinforced my belief in sticking with well-chosen investments, even when the market looks bleak.
Azam Mohamed Nisamdeen
Founder, Convert Chat
Cloud Computing Choice Skyrockets
In 2015, I bought stock in a little-known technology company that was progressing in cloud computing. The volatility in the markets was such that the numerous downward movements overshadowed any small upward movements. So, after the initial few movements in my stock, I switched off over the following two to three years.
However, my research kept me engaged, and I would look at the stock, genuinely believing in the company and its long-term success. In 2020, with the sudden start and widespread adoption of remote-working solutions in many markets, my stock became a leader in its field and shot up extraordinarily. My research and patience paid off.
Mark McShane
Founder, Cupid Digital PR
Nvidia Investment Validates Patience
A fresh example of patience is my Nvidia shares, which many people have urged me to sell time after time, but I decided to hold on.
To all wondering why Nvidia has been so profitable lately—it’s a similar situation to the Gold Rush, where everyone wants to get their hands on the gold, which currently is AI. Nvidia is not on the hunt for implementing AI, but they provide everyone else with the tools to do so. Just like those who started selling shovels and gold strainers in the 19th century.
When Nvidia’s price reached $90, many told me to sell with profit, but I decided to hold on for longer, and just recently sold them for $128. It took only 40 days to grow from $90 to $128, giving me an extra $38 per share. But I decided to sell, as there is a thin line between patience and greed. The price reached the level I was interested in, I made my profit, and it’s time to move on, or wait for a price drop to rebuy the shares again.
John Kawecki
Marketing Manager, F1 Blast