All cash, as in.... all cash?!? Or just your funny money account?
I'm not a Tesla stock believer. Great products. But that has not yet translated into great profits. Tesla's entire profits are from car companies paying Tesla to offset their lack of fuel efficient cars. But, in the last couple of weeks multiple automakers have announced going all-in on electric*. So, that just wiped away Tesla's main profit driver. Yes, Tesla is well ahead of them in the technology. But being ahead doesn't mean profits when you aren't making a profit on your own vehicles or other technology. Also, if Bitcoin drops, Tesla will be in a world of pain.Is it time to start buying more Tesla on the dip?
I'm still ready to buy something promising & risky if it comes along, up to 5%-10% of my total worth. The experts say that much is ok, well maybe most of them prefer the 5% max. Not sure about how often that should be repeated if the whole 5-10% is lost. Like every year or two? Probably not every month.I've lost a bunch the past few weeks....like $14k I'm just going to keep buying and holding and wait. I keep telling myself that despite my stocks tumbling, my core assets are my cars and houses and mutual fund accounts....which are only growing. I want to be "risky" with the stonks.... that's the point. This calendar year is when my finances officially shift....maybe 6 more paychecks until I'm debt free. 😎
I wonder if he's co owner of the company by now, and if it's listed on a market somewhere.If I need to go conservative, then I'm all in on Costco, Zebra, and Boeing.
Also, now that ponyo went to the sea to hibernate
I wonder if he's co owner of the company by now, and if it's listed on a market somewhere.
Next week is deal week. After the 15th, we retake this weeks lows and perhaps drift even lower with violent short covering rallies and followed by a renewal of selling.
And pray that the dems dont start actively speaking about tax increases to pay for even more spending for the black holes of education, pointless research, more museums, reparations for illegal aliens because they werent allowed in four years ago, etc.
I'm not a Tesla stock veteran but I've been a bull in this stock long enough to see all kinds of negative arguments about Tesla stock. Some are pretty good arguments and those are good because it makes me do more research to validate my investing thesis. Then you have lazy arguments like Dullard with all the dumb media talking points which doesn't even merit a response because he hasn't spent 5 minutes researching anything about Tesla and knows nothing about the company.Yeah, Dullard said something negative about the company and we didn't get a response from him. He's getting lazy in retirement
Next week is deal week. After the 15th, we retake this weeks lows and perhaps drift even lower with violent short covering rallies and followed by a renewal of selling.
And pray that the dems dont start actively speaking about tax increases to pay for even more spending for the black holes of education, pointless research, more museums, reparations for illegal aliens because they werent allowed in four years ago, etc.
When you think about it, the senate already passed a quasi tax increase for middle class Americans by promising them a $1,400 per person stimulus check six months ago and then slapping a lower gross income limit on it at the last minute. I was never expecting to get the whole thing, but that's still $2,000 in tax revenue that I'm not getting back now.
Thankfully, I keep a few months of cash in savings and wasn't counting on that check coming in. That said, that's $2,000 that my family is not going to be spending to stimulate the economy. You're probably hurting Disney more than you're hurting me, because I probably can't afford that trip to Disneyland now.
(No, seriously, I had a trip to Disneyland planned for 2020. I'm not making that up!)
The message Trump made to create "followers" was that Washington was a dump and selling out to other countries at the people's expense.what kind of garbage, inhuman thinking is this? the "black hole that is education" the holy everloving fuck is wrong with you?
Stop
fucking
lying
DO you not understand the plain fact that lack of education is what leads to Trump supporters, republicans, and this bullshit belief that feeding Billionaires billions of dollars more of your money will somehow make them "generous" and give it back to you--instead of the repeatedly observed, always proved, never denied fact that they send this free money off to the Seychelles, to Panama, to wherethefuckever that keeps it out of the US economy, only EVER forcing the Feds to print more money so, you know, we actually have money to purchase things....which then devalues ONLY THE BILLIONAIRES' wealth, who then bitch about the smaller value of their trapped wealth, that they stole from you with your consent, that you will never see again, but still manage to convince you to vote AGAINST inflation, which actually helps you, but you are too fucking stupid to understand that.
You made this political. You started lying about easily provable bullshit. You did that. Don't get mad at me. I'm not going to ignore easily proven bullshit, especially when you continue to support policies that directly make you angry, directly make you poorer, directly do everything to you that you don't want to happen, yet stupidly believe that someone else is responsible.
Because education terrifies you. Because you believe the fucking lies. The main purpose of education is to lift up people, and in so doing, it eliminates the republican party. That is a necessity for humanity to survive, but of course this terrifies you. Stupid people are easily terrified, and are also easily exploited by craven, greedy, willful evil bastards that cram fear and lies down your throat, and scapegoats, to turn your gaze away from the savage theft of your wealth that only they are responsible for.
This was you. Stop talking nonsense fucking lies and you won't be bringing politics into this thread.
Amazing how fucking stupid every goddamn conservative is when it comes to money and spending. Every fucking one.
No one in this thread can be mad at me about this post No one. I will not tolerate abject lying, especially when it is so fucking dangerous like this, in any forum. You should be ashamed of yourself, continuing to promote such profound, dangerous, inhuman lies. You are your worst enemy, and it will only continue that way as long as you believe these profoundly obvious lies.
I'm not a Tesla stock veteran but I've been a bull in this stock long enough to see all kinds of negative arguments about Tesla stock. Some are pretty good arguments and those are good because it makes me do more research to validate my investing thesis. Then you have lazy arguments like Dullard with all the dumb media talking points which doesn't even merit a response because he hasn't spent 5 minutes researching anything about Tesla and knows nothing about the company.
But I know lot of people are freaking out about TSLA and the market drop. It's your money and you do what's comfortable for you. Me. I'm not selling single share. I added TSLA shares yesterday and will continue to add shares....
what kind of garbage, inhuman thinking is this? the "black hole that is education" the holy everloving fuck is wrong with you?
I'm not a Tesla stock veteran but I've been a bull in this stock long enough to see all kinds of negative arguments about Tesla stock. Some are pretty good arguments and those are good because it makes me do more research to validate my investing thesis. Then you have lazy arguments like Dullard with all the dumb media talking points which doesn't even merit a response because he hasn't spent 5 minutes researching anything about Tesla and knows nothing about the company.
But I know lot of people are freaking out about TSLA and the market drop. It's your money and you do what's comfortable for you. Me. I'm not selling single share. I added TSLA shares yesterday and will continue to add shares. Tesla story haven't changed. Stock price will go up, down, sideways, who knows where. But I know what I have with Tesla. As long as Elon is in charge and Tesla is executing towards their longterm vision, I will stay invested in Tesla. I'm not going anywhere. I'm no longer all in on TSLA like I was in the past because even with my strong conviction, I don't need to be all in. I made my life changing money with TSLA and was rewarded for my early aggressive investment and faith. I took lot of money off the table because it's stupid not to when I already secured my family's future. But I also 100% believe in Tesla's future and dominance so I still have considerable amount of money in TSLA and think the stock will 4-10x more in the future even from today's levels. TSLA will become the world's most valuable company in the next 20 years. My thesis haven't changed. But things are never smooth short-term. Stock can have big dramatic swings. That's buying opportunities if you have the funds and ultra conviction and believe in the your research and the company. But like I said, everyone needs to do what they're comfortable with. Owning TSLA is not easy. It's volatile stock and lot of people don't believe in the company and love to bet against it. But changing the world is never easy.
I mentioned before I follow Rob Maurer and his Tesla Daily Youtube channel. I invested in Tesla stock long before I knew who Rob was or followed his channel. I did my own research and came up with similar financial models as Rob and what I found blew me away. It's why I went all in on TSLA stock the way I did. I couldn't believe I discovered and was confused as all heck why people couldn't see what's in front of them and the potential of Tesla and what they would become in the future. The FUD on TSLA was crazy and constant negative stories about TSLA told me some big money was shorting the stock and paying off the media and others to publish and spread negative FUD. It's why I said in 2019 and 2020 that TSLA was the most undervalued stock in the entire stock market. That's no longer the case since TSLA stock exploded up last year but I still believe TSLA is undervalued compared to many other big growth companies. Anyway, Rob did a video yesterday where he did a great job outlining TSLA bull case. It's the same type of financial model I made back in 2018 and 2019 when I started investing in TSLA and what made me go all in. You can make your own financial model and input your own numbers based on what you think and expect. That way you have your own idea what TSLA should be valued at. If not, you're investing blind and listening to all the idiots on mainstream media feed you their narratives. And you can't tell who's right or wrong and will easily get shaken out because you have no conviction. How can you have conviction when you're lazy and haven't done your research?
Anyway, I highly suggest you watch this video and bookmark it. Listen to what Rob is trying to say. Rob has his own beliefs and his numbers reflect it. No one can the future with 100% accuracy. You need to research and draw your own conclusion how likely his scenario is. I already did mine. I came to similar conclusion as Rob even before I saw Rob's conclusion. I'm not here to hold your hands and invest your money for you. As they say, if you can't handle the heat, get out of the kitchen.
And here's interview the other day with Ron Baron about TSLA. Ron is big bull in TSLA and his fund owns lot of shares of TSLA. His fund recently sold some portion of TSLA shares for the similar reason I did. But he did not sell single shares of his personal TSLA holdings because he like me believes Tesla will be multi trillion dollar company in 10 years. Ron Baron is not some chump. Go research his funds and his funds performance. His funds have outperformed the market for decades. He knows what he's doing and he's been ultra bullish on TSLA for longtime and that hasn't changed. He sees the same vision I do. Tesla is going to change the world. I think it's crazy not to own stock in company that's going to completely change the world. But it's your money so no one can tell you how to invest.
what kind of garbage, inhuman thinking is this? the "black hole that is education" the holy everloving fuck is wrong with you?
Stop
fucking
lying
DO you not understand the plain fact that lack of education is what leads to Trump supporters, republicans, and this bullshit belief that feeding Billionaires billions of dollars more of your money will somehow make them "generous" and give it back to you--instead of the repeatedly observed, always proved, never denied fact that they send this free money off to the Seychelles, to Panama, to wherethefuckever that keeps it out of the US economy, only EVER forcing the Feds to print more money so, you know, we actually have money to purchase things....which then devalues ONLY THE BILLIONAIRES' wealth, who then bitch about the smaller value of their trapped wealth, that they stole from you with your consent, that you will never see again, but still manage to convince you to vote AGAINST inflation, which actually helps you, but you are too fucking stupid to understand that.
You made this political. You started lying about easily provable bullshit. You did that. Don't get mad at me. I'm not going to ignore easily proven bullshit, especially when you continue to support policies that directly make you angry, directly make you poorer, directly do everything to you that you don't want to happen, yet stupidly believe that someone else is responsible.
Because education terrifies you. Because you believe the fucking lies. The main purpose of education is to lift up people, and in so doing, it eliminates the republican party. That is a necessity for humanity to survive, but of course this terrifies you. Stupid people are easily terrified, and are also easily exploited by craven, greedy, willful evil bastards that cram fear and lies down your throat, and scapegoats, to turn your gaze away from the savage theft of your wealth that only they are responsible for.
This was you. Stop talking nonsense fucking lies and you won't be bringing politics into this thread.
Amazing how fucking stupid every goddamn conservative is when it comes to money and spending. Every fucking one.
No one in this thread can be mad at me about this post No one. I will not tolerate abject lying, especially when it is so fucking dangerous like this, in any forum. You should be ashamed of yourself, continuing to promote such profound, dangerous, inhuman lies. You are your worst enemy, and it will only continue that way as long as you believe these profoundly obvious lies.
You think so? There is a lot of fear around inflation right now, the stimulus will only (heavily) add to that problem. I see massive swing potential in either direction if the focus is the stimulus.You shoulda said that yesterday, Ponyo! I probably missed my chance to buy the dip, since we will probably have a market pump on Monday thanks to the stimmies getting passed.
I own 3k shares and have the obligation to buy another 6k shares if stock is below $12.50 on April 16th.What I want to know is how much more VGAC you bought on this dip? I really, really wish I had more money in my brokerages to take advantage. ~$10 is stupid, moron cheap. I get dumber every day I don't pick up more shares.
Even with a stimmy boost, EVs are going to take a back seat temporarily imo.You think so? There is a lot of fear around inflation right now, the stimulus will only (heavily) add to that problem. I see massive swing potential in either direction if the focus is the stimulus.