I missed TSLA, but not this IPO, trying to buy/hold SPACEX, applied for IPO allocation.i
May be right or wrong, never mind!!
Looks like Morningstar valuation is 800 B and Aswath Valuation (prof of economics) 1.25 Trillion around https://www.youtube.com/watch?v=NQKIJU7TmTc
To know more about SPACEX deep dive
I’m going to grab some SPCX. Maybe someday it’ll be a VIP pass for my grandson to live on Mars. 
IMHO, is too early to get into SPCX.
I got the IPO pricing of $135 from my broker. Silly not to take advantage of that.
Who do you use as your broker?
Schwab
I have been waiting for SPCX hype to be completed, now I bought SPCX around 123-125 range.
You certainly are a big player in TSLA! My SPCX position has increased to 700k at an average entry price of 125, but I believe that’s sufficient for now
I didn’t participate in the IPO. I just bought a few batches when the stock was pulling back. I have access to some real time institutional trading data that isn’t publicly available. I’ve blurred out the institutional codes, and I usually follow their moves.
But I don’t have any call or puts.
700k is well respected but whether its sufficient or not depends on your total portfolio value and where your net worth goal is.
It’s about 5% of my portfolio. I’m not planning to add more. My plan is to just let it sit there, kind of like your TSLA position. I can hold it for five years, but if it goes up several times within a year, I’ll definitely take the profit and sell. That’s what I did with INTC. I got out, and luckily
but I’m going to start a small new position again today. $85
Where’s the other 95%? Do you have a concentrated position anywhere?
My investments are pretty diversified right now. I have a good amount in some well known names like MSFT, NVDA, DELL, ONC, stuff like that, mostly bought at lower prices. I never really believed in putting all my eggs in one basket lol.
I also keep around 20% on the side for new opportunities when good stocks get beaten down. Like I just picked up some INTC around $85.
Another 20% or so is for trading opportunities. Sometimes I’ll do short term trades, sometimes options for hedging. And tbh…I gotta say, that 20% often makes more money than my long term holdings. The holding period is shorter, and I can move the money around a lot faster.
But I’m still pretty conservative with my money. Every once in a while I like to take some profit off the table and move it somewhere outside the market… bank, funds, real estate, gold, physical assets, whatever.
I guess that’s partly my HK upbringing haha. I like making money, of course, but I also like having some of it somewhere safe.
I just sleep better knowing I’m taking some profits off the table every now and then. I still like being in the market and taking opportunities when I see them, but I don’t want everything I have tied up in stocks.
Ok you must’ve made your money elsewhere and put them into this diversified portfolio for conservative safekeeping. That should keep your cortisol level low and can sleep well at night.
My portfolio is entirely different because I actually made my money via the portfolio itself. It’s a do-or-die asset for me so we’re playing a different game altogether.
