I’ve heard about charging getting “faster and faster” for years and years now. It isn’t. And why would we need fewer charging stations than gas stations if it takes 5 to 10 times as long to fuel up an EV as it does a gas powered car?
As for me - just to give a couple examples - here are two things I couldn’t do right now in an EV. Visit my desert property a mere 3 hours distant and report for jury duty. No charging stations along the way or at the destination; round trip exceeds the range of any EV. The desert property has 220 so if I’m wiling to be car-less for hours when I get there then yes, I suppose I could make it work. But why would I want to?
Maybe. But after several years I never see more than two Teslas at the supercharger in Payson, and usually none. And there are no other superchargers for nearly a hundred miles in either direction.
It most certainly is. Even my newer EV charges significantly faster than the older one…
You are right that it will take time to deploy charging stations broadly. But it is going to happen. The benefits of EV are so worthwhile to manufacturers and consumers that charging station infrastructure is a given.
People can make good arguments for how long it will take. A lot of people obssess over when combustion engines will be gone entirely. I think that misses the point. Combustion engines will be here for the next century. But EV is going to grow at its expense for most common applications.
Dealers, repair shops, gas stations are all screwed.
What is new that we don’t know? That’s what we are doing Is how I manage to catch up 2 months of missing the monster rally. I have closed all position in SOXL. Holding 500 TQQQs. No other triple ETFs.
Is a speculative market for a long time I no longer bother with FA. When will the music stops? Covid didn’t scare speculators. What can? The best we can do is diversify into RE, yes RE. I know you are getting out of RE but RE is slow to decline if there is a stock market crash. May be you should consider investing in Austin which ofc is already very expensive. Hmm… Singapore?
Is a speculative market for a long time I no longer bother with FA=> Do you have any stock (other than AAPL) as buy/hold? If you do, you need to do FA.
If you trade or buy options, you do not need FA. Any trade (including my swings) is speculative which does need FA.
Covid didn’t scare speculators. What can?=> Covid-19 came in Dec 2019, but market corrected 30% which reverted when FED was taking all the financial burden of pumping the market with unlimited liquidity. After recovery, so far, market made two times 10% correction and reversed.
Market is not run by speculators even though they were part of it, but mainly by big banks, funds almost 60%-70% with their forces. When FED is pumping unlimited, they ride the wave.
I know you are getting out of RE but RE is slow to decline if there is a stock market crash=> Still there is no change on my “No real estate” as I am comfortable with stocks. It is easy to handle, highly liquid. Not worried about crash as I can handle that easily. Above all, I need to learn a lot in stocks side. The more I involve, more I learn, that is better for my future.
Me2 but I even predicted the approx decline and BTO QQQ calls Closed them for a nice 25% profit
Still not use to shorting so didn’t long puts. Otherwise, make both ways.
It was touching the upper downtrend of the red channel - Sold 100, holding 500.
Now, about to touch the upper uptrend line of the white channel - Plan to sell another 100 If it rockets above the white channel, hold till $175 , albeit only 400 TQQQs
I was lucky today to have MRNA covered calls, when it went down $175 to $140, it gave me nice return ! Bought more MRNA at 140. Retrying selling covered calls now.
I sold all my stocks, bought SQQQ as I have fear market may not be running long like this, too much exuberant.
BTW: This is not stock or financial advice (Directly or indirectly). Just posting updates for some discussion purpose. You are on your own whatever you do in stock market.
I do not the trades so far, not possible, but tomorrow is going to be blood red day for market ! Let us see how it works tomorrow.
BTW: This is not stock or financial advice (Directly or indirectly). Just posting updates for some discussion purpose. You are on your own whatever you do in stock market.
Already blood red for cloud stocks. I have been waiting to short put (TQQQ) like for days? weeks? Can’t remember. I’m out of QQQs and short puts (TQQQ). Only 400 TQQQs which is about 15% of portfolio size. So I have been scared by @manch constant posting of FGI to reduce exposure progressively, missing tons of profits.
I meant active trading since mid Jun this year. Previously, I don’t do such active trading, was like 1-2 times a month. So still new to such active trading