 Okay What's up money gigs mr. V here welcome to another video guys. So in this one, we're gonna be really really brief I want to give you guys a quick update on the nvidia situation We'll talk about what's happening and How things are gonna develop starting tomorrow. So that's what I wanted to talk about into this video But before we get started guys, if you're new to the channel We'll talk about how to earn money how to save money how to invest and build wealth So if there's something that interests you go ahead and hit the subscribe button and the notification bell So you don't miss out on new content. So guys again, this is just going to be a quick update I remember I've done several videos here on the channel where I talk about the situation with nvidia The stock split and why I'm super excited about is why I'm covering the stock because We can see here nvidia has been a monster So in I wasn't in the stock So I'm thinking this is probably an opportunity for me to stop building A position in the stock again when I look at nvidia I'm looking at other companies like tesla that went through the split what happened and how they recovered So I'm like positioning myself so that I can average my way into the stock. So For those of you that are already in the stock, this might not mean anything for you But if you care more about it, here's what's gonna happen So if we just go back here and look at where nvidia is trading right now So nvidia is going to be trading at for a 751 and 19 cents. So this again, this is after hours So as of today that I'm doing this video is july 19 When you get up tomorrow morning, you're going to see a change in your account your account balance is going to be the same But the way everything is structured is going to be a little bit different So nvidia actually did a four for one split. So this is what's going to happen here Let me bring up a calendar here. So if you take Your one share of nvidia divided by four, you're going to see so you're going to see in your account It's going to say for you're going to say you have four shares at the average price of 187 dollars and 70 and Yeah, 79 cents So in that case you when you when you put the total it's going to sum back up to 751 dollars and 19 cents. So technically you're not losing any money You're just basically Getting more shares but for the same amount. So and they have this share start growing from there You'll have more shares. So that's the reason why nvidia actually did this split because they wanted more people More investors to get into this share because they are one point thing that this share was too expensive And they were not getting a ton of investors So this would definitely entice more people to get into the stock like myself I'm super excited now to get into the stock if you can see Again, like I said tesla today Is that same thing? So that's what I wanted to cover here. So starting tomorrow July 20th The stocks are are going to be trading at the split adjusted basis again, like I explained there So you open your account if you have one share of nvidia here now You're going to see total number of shares is going to be four But the value is going to be the same But the price per share is going to change But when you put the four shares He's going to give you back the exact amount that you had when when you own just one share So that's pretty much what's going to happen here guys. So again This is just a quick update. I want to make sure that you guys are aware of this My game plan here moving forward is that as soon as this thing splits and comes out at 187 dollars, I still think there's probably some room there for a pullback. So I'm anticipating that Um, and maybe if this thing can come down to like 160 150 That would be the perfect place again right now that the market's a little bit shaky So if that would be a place for me to start picking up some good shares and holding long term The goal now is just to buy and start and just store it and See what what happens if we can go back again to three four five hundred dollars Boy, trust me. I'll be happy man. So that is my game plan I want to get it into nvd here and I'm going to try to see I've reached my way into the stock. So again, I'm going to start looking that 150 price point If I feel like it's not going to get there I'm going to pick up a few shares even at 170 160 And then wait again to see 140 150 pick up a few average my way So that if my average comes out to about maybe 150 50 160 That's not terrible for nvidia. I might still be happy With that situation again. So let me know in the comment section What you think about is are you waiting to get into nvidia like myself? Or are you really already in nvidia? And if yes, do you point on adding to your position or you just point keeping it status cool So again, let me know in the comment section if you're new to the channel We talk about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on your content also guys if you're looking to get started with investing Weibo has the promotion where if you sign up and deposit 100 dollars You get free stocks links in the description below and as always guys Do your due diligence. Don't be a greedy savage. Stay motivated