LOLZ.
I only wish I wouldn’t have been a pussy and would’ve bought into TSLA like my gut told me to. I hate stocks.
Investing
- Thread starter dante322
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I only wish I wouldn’t have been a pussy and would’ve bought into TSLA like my gut told me to. I hate stocks.
I bought Elon, not Telsa. After his second appearance on Rogan, I'm sold on that dude. He's a once in a lifetime investment.
Buckmaster
Senior Member
I’m in pretty heavy now. Die rich or die broke. Only God knows why....
LOLZ.
I only wish I wouldn’t have been a pussy and would’ve bought into TSLA like my gut told me to. I hate stocks.
Pretty sure I stated somewhere in there: I'm no financial advisor.
I'm still sticking to my plan: buy rock solid companies when they go on sale. Sit on them forever. Never invest into companies like Tesla more than I'm willing to lose. I still don't believe in the company. I still feel Elon is quite visionary. I don't see Tesla lasting as an auto maker. Maybe selling rights to their proprietary technology will be enough. I dunno? I'm just a dumb lawn mower jockey.
Nah man, you’re approach is solid. I just felt like giving you a little grief.Pretty sure I stated somewhere in there: I'm no financial advisor.
I'm still sticking to my plan: buy rock solid companies when they go on sale. Sit on them forever. Never invest into companies like Tesla more than I'm willing to lose. I still don't believe in the company. I still feel Elon is quite visionary. I don't see Tesla lasting as an auto maker. Maybe selling rights to their proprietary technology will be enough. I dunno? I'm just a dumb lawn mower jockey.
Be real about it though. Buy 2 shares at $500 ea. You're up $2k now. Look at all the shorts against the company at that time though. MANY people were betting they would go down. You aren't up since you didn't buy. You are out if they would have declined. It's all a gamble.
My Tesla stock is now sitting at a 100% ROI. Not bad for a 4 month turn.
Buckmaster
Senior Member
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LOLZ.
I only wish I wouldn’t have been a pussy and would’ve bought into TSLA like my gut told me to. I hate stocks.
Hey now I was defending tesla exceeding production goals when I said that. I still think its a trendy bubble but that doesn't mean there isn't money to be made in the meantime. The trick will be knowing when to get out IMO. I'm doubtful that Tesla will remain at the top of the electric car market once the bigger producers start to jump in the pool with serious R&D. Right now Tesla is enjoying being the tip of the spear but I can't help but wonder how bad a company like Toyota could completely fuck their world if they seriously wanted to jump in the market. I'm just not a risk taking investor. I prefer solid longer term gains of companies with a history of performance and a positive future outlook. I just have a sneaky feeling that bigger auto producers are letting tesla smooth out the bumps in the road and take the lumps before jumping in and killing them with competition. There's just no way that everyone will let tesla have such a massive share of what is argubably the future of the auto industry without eventually challenging them.
Gotta know when to hold'em. Know when to fold'em.
That is the hard part. I'm with you Joe. I'll stick to slow and steady. My American Express is up 25-30%. It isn't going away. Same with Coke or Starbucks or Microsoft. I bought on the dip and I'll let them ride for decades.
That is the hard part. I'm with you Joe. I'll stick to slow and steady. My American Express is up 25-30%. It isn't going away. Same with Coke or Starbucks or Microsoft. I bought on the dip and I'll let them ride for decades.
yep. I'm on the get-rich-slowly program, too. I have no interest in gambling with risky stock purchases or paying short term capital gains taxes on the quick scores. I don't really have much interest in investing in general, aside from the results. just not my thing. I earn money, pay a fiduciary to grow it for me.
Buckmaster
Senior Member
Tesla’s affordable for us common men again following the split.
Buckmaster
Senior Member
My account is up 29% in the last 12 months. That is including weathering the Rona dip. Not sure what my IRAs or other policies are doing as I just let them suck the money out monthly and forget about it. Just referring to my individual stocks being up 29%. It is hard to complain right now. If Biden gets elected, it might do even better things for Tesla. Then again, the rest of the market will nose dive.
Its been crazy watching the indexes hit new records, best August since the mid 80's.
The Phillips curve is now dead, the death spiral has technically begun with debt higher than GDP, but the train continues to chug.....uncharted territory!
The Phillips curve is now dead, the death spiral has technically begun with debt higher than GDP, but the train continues to chug.....uncharted territory!
Big_Holla
Senior Member
that's great. I'm going to bet his employees were overwhelmingly in favor of that too. I would have been.
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Isn't it a great day and age where a person can get told publicaly to SFTU by a dude worth a hundred billion dollars.
That’s one of the things I like most about Musk... he’s not afraid of anyone.Isn't it a great day and age where a person can get told publicaly to SFTU by a dude worth a hundred billion dollars.