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Holy shit Hehe, it seems you actually understand TSLA and the industry to a degree. I've never met anyone who knows the details you do.
People just think I'm a TSLA fan boy and my opinion lacks objectivity, even though that's so far from the truth.
Congrats on riding this TSLA wave. I can't wait to see you on the top in 10 years. We're going to be laughing looking at our portfolio. Our families are going to thank us!
I don't care about the ups and downs. But I do read news about every stock in my portfolio on a daily basis.
With TSLA, it's actually super easy. Many YouTubers and people on Twitter focus on nothing but TSLA and all EV related news. So, it's actually very easy to understand what's going on in the field. Many of them are experts in fields such as AI, autonomous driving, EV, batteries and so on... So, I get a very objective view on what TSLA is actually doing instead of whatever narrative any party is trying to carry out.
And I do pay close attention to #TSLAQ on Twitter as well. So I get a clear view on both sides. So far, TSLAQ arguments are nothing but FUDs because many of them lost so much money or have strong conflict of interest to spread words to drive the SP down.
What important is the long term objective and everything needed to get there. As long as there is no major change in those objectives and problems with what's needed to get there, ups and downs are just that... ups and downs.
Didn't Toyota announce a $70 Billion dollar investment into electrification a month ago? $70 billion sounds like some serious shit, although they should have done it a long time ago.
Toyota's new Tundra and Sequoia... so effin nice.
Their CEO has stated they're not interested in pure EV's and they don't have the urgency, which I think is a mistake.
^ Thanks ... I took your advice a day or two too soon ... still believe you and Hehe but c'mon bro, help me out with the timing .
Don't time the market... instead, set your investment horizon.
I'm in for long term. I have some as active trade portion (mainly to cover options as I do "the wheel" for some income), some as very long term (as in I don't plan to touch it until 2030 or sth) and those locked in TFSA are meant to support my kids' study and whatever business venture they might want to start.
Then... spread out and ride along. I bought all the way from $35 (split-adjusted) to this week at just under 1000. Yes, the share I buy become less and less shares as price increases. But I never try to buy at the bottom or any particular number per se. I just buy when I have money and market corrects.
I believe it's an once in the lifetime company to invest in given my risk tolerance/preference. Everyone's different. My friend, for example, invest strictly in TSMC and plans to retire with dividend payment alone... and he has NEVER sold a share in the 15+yrs of investing in it and never really bought anything else.
The key point is... has the reason that made you invest in the company changed at all? For me, as far as TSLA is concerned, nop. They are executing to follow the direction the company I see heading and no obvious obstacle showed up. It's just market sentiment.
And number is all relative. The difference of buying at 1000 vs. 850 makes a big difference if you plan to sell it at 1200. But if TSLA reaches one of the bull estimates to 10,000+ a share. Then the difference is marginal.
Or as another example, IIRC, AMZN's height before going into 2008 crash was something like $90? and went down to 40 or so. Let's suppose you bought on the way down, at today's price. Does it make much difference? Or you started buying when it recovered and past their prime expansion stage at $2xx... would it make much difference if you held until today?
Rivian had a good day. Still valuation still crazy af though.
I would be cautious with Rivian, they haven't ramped production yet. I would say it's risky to invest in a manufacturer that hasn't shown it can produce.
Peter Lynch famously said, "Why are people in such a rush to buy stocks? Walmart went public in Oct 1970, had a great record, 10 years of amazing financials and if you got into Walmart 10 years after their IPO, you would have made 35x your money"
Lesson is, it's okay to wait until a company proves itself, then invest.
Lastly, Spotify's gross margins are slipping. Its gross margin of 26.5% in the fourth quarter stayed flat from the prior-year quarter, but dipped sequentially from 26.7% in the third quarter. It expects that contraction to continue with a gross margin of 25% in the first quarter of 2022 -- and it said it would no longer provide any gross margin guidance for the full year.
I have xx,xxx$ with a company group RRSP (pi financial / ci investments)
Over the past 6 years, it's been an average of 2.3% return
Where would you transfer this for better returns? Company wise.
I'm not interested in self gambling on my RBC investment account, I'm guaranteed to buy shit pink slips and risky stonks. I have two grand in there with play money, and 80% of it is in the red lol..... minus the MVIS pump and dump that I cashed in.
Following up on this,
Started the process to transfer from the group RRSP to a personal RRSP account. I think as long as I stay away from pink slips and risky stocks il survive.
Last year's return was 20% as I just checked my statement. But even this is well below everyone I know.....
Going to go with VFV, Canadian banks, one REIT, and maybe a couple "blue chips".
Any other suggestions to look into?
Thanks everyone
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Originally Posted by Mr.Money i hate people who sound like they smoke meth then pretend like they matter.
Originally Posted by ilovebacon
Does anyone have a pair of 25 pounds one-inch hole for sale at a reasonable price?
Originally Posted by mikemhg
Clothes come off and my car is permeated with the smell of fillet-o-fish and canned tuna.
I was going to throw some whatever money into Microsoft, Starbucks or Pfizer, all stable stocks. Microsoft has shown huge growth over the last few years, but some are saying their pretty much at their apex in terms of stock price for their market share, who knows. Their cloud offering will continue to grow.
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