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Old 06-27-2016, 11:23 AM  
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Investing megathread extravaganza
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Old 08-31-2020, 11:05 AM   #5971
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Old 08-31-2020, 11:12 AM   #5972
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I bought about $5k of Tesla three years ago, and quickly saw a notable decline. When it got back to breakeven I sold half of it and breathed a sigh of relief that I could lower my risk. I really wish I had that half back now. But the half that I kept is destroying worlds. $2,500 has become $19,000 in a year and I'm going to keep riding that flying unicorn.
What are your thoughts on buying right now?
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Old 08-31-2020, 11:13 AM   #5973
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Old 08-31-2020, 11:14 AM   #5974
Hog's Gone Fishin Hog's Gone Fishin is offline
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What are your thoughts on buying right now?
I know you're asking Rainman but personally I think its still a buy if you plan to hold long term.
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Old 08-31-2020, 11:17 AM   #5975
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I know you're asking Rainman but personally I think its still a buy if you plan to hold long term.
I think that's probably true, too.
Overall I feel like I did miss the window, they are up like 900 percent in the last year or so?
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Old 08-31-2020, 11:24 AM   #5976
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I think that's probably true, too.
Overall I feel like I did miss the window, they are up like 900 percent in the last year or so?
Cathie Wood has a PT of $7000 and I've seen other PT of $10,000 before the split


But then again Bitcoin was supposed to hit 100K too.
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Old 08-31-2020, 11:29 AM   #5977
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What are your thoughts on buying right now?
Man, I have no idea. I keep hearing that it's overvalued and it sure seems like it. But it just keeps going up, so someone knows something that we don't.

I'm tempted to buy a tiny bit more. I jokingly posted in another thread that if it keeps up this year's pace for six more years I'll be a billionaire. If it does it for three more years, my $2,500 investment will be worth over $3 million. It's a silly thing to think about, and I'm saying that stuff jokingly, but at the same time, it's kept the pace for eight months now. What's another 36?

I've told the story before, but I made a major screwup 25 years ago when I bought Dell stock very early and then sold it. I'm not making that mistake again.

Heck, buy two shares. If you lose $500, big deal. But if it keeps going and those two shares go up tenfold it's a nice win. As Kevin Malone once said, "Any time you get 10,000 to 1 odds, you take it. If John Mellencamp ever wins an Oscar, I'm going to be a rich man."
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Old 08-31-2020, 12:02 PM   #5978
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Zoom and Square need to be in a persons portfolio
Yes.
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Old 08-31-2020, 12:05 PM   #5979
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Apple and Tesla are damn good deals today. You would be a fool not to buy
Tesla has a 1,250 P/E and has gone up 10x's or 1000% in one year.

Yeah, that's a good deal.......
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Old 08-31-2020, 12:34 PM   #5980
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FWIW the dollar is taking a dive.

Not sure what that means for much of anything other than hopefully it will help exports.

But it may be a sign of weakness in the overall economy. At least compared to other countries currencies.
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Old 08-31-2020, 05:01 PM   #5981
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by Rain Man View Post
Man, I have no idea. I keep hearing that it's overvalued and it sure seems like it. But it just keeps going up, so someone knows something that we don't.

I'm tempted to buy a tiny bit more. I jokingly posted in another thread that if it keeps up this year's pace for six more years I'll be a billionaire. If it does it for three more years, my $2,500 investment will be worth over $3 million. It's a silly thing to think about, and I'm saying that stuff jokingly, but at the same time, it's kept the pace for eight months now. What's another 36?

I've told the story before, but I made a major screwup 25 years ago when I bought Dell stock very early and then sold it. I'm not making that mistake again.

Heck, buy two shares. If you lose $500, big deal. But if it keeps going and those two shares go up tenfold it's a nice win. As Kevin Malone once said, "Any time you get 10,000 to 1 odds, you take it. If John Mellencamp ever wins an Oscar, I'm going to be a rich man."
I liquidated another 5K today so I'll be buying 10 shares tomorrow

And I ALMOST pulled the trigger on Zoom this morning but didn't
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Old 09-01-2020, 09:40 AM   #5982
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I liquidated another 5K today so I'll be buying 10 shares tomorrow

And I ALMOST pulled the trigger on Zoom this morning but didn't
You really should have pulled the trigger on Zoom.
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Old 09-01-2020, 09:54 AM   #5983
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You really should have pulled the trigger on Zoom.
He would have needed to pull the trigger on Zoom, yesterday.
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Old 09-01-2020, 10:51 AM   #5984
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I placed an order for a WMT option yesterday at $335, but it didn't go through because the price shot up to $345 immediately as I placed it. I could have placed it again at the higher price but decided against it. That option is worth $900 today.
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Old 09-01-2020, 11:35 AM   #5985
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One could keep cash aside waiting for market corrections.

it is getting around that time of year.
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