Tesla’s trillion dollar valuation is fast approaching

39 years old to 46 years old = 7 years
$4.6M to $27M
Hence annualized growth rate of NW = 28.8% for 7 years
2020 is 143%, so annualized growth rate for previous 6 years = 15.8%

@Elt1

Are you convinced that stock investment is the way to go? At an age of 46 years old, he is now more wealthy than you and probably @ptiemann. Time for you two to quit RE :wink:

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@hanera,

I remember you sold some AAPL to buy your CU home. Did you buy appx 100k AAPL during 1998?

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@hanera,

I remember you sold some AAPL to buy your CU home. Did you buy appx 100k AAPL during 1998?

Oh, ptiemann bought huge amount of bitcoin when it was $8000, he may be bigger with 4x.

Time for you two to quit RE => Always, stocks returns are more than real estate, but stocks need enormous amount of learning, it takes years to choose right stock at right price, so much complexity.

Old school. Buy the obviously hot ones. That’s what @wuqijun did. Easy for you as you are working and know what your colleagues are talking about and what tools your company are using.

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Most stupid thing for me selling NVDA when it was $25 to buy first house blindly.

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Where did you invest TSLA, taxable account or IRA account 401k or ROTH, HSA?

I’ve never understood using IRA’s or 401k’s for positions one plans to be in long term.
IRA and 401k withdrawals are taxed as ordinary income. Long term cap gains rate is 20%. Dividend rate is 15%

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Taxable account, not in 401k or ira

Taxable account, not in 401k nor IRA

Roth 401k or Roth IRA are not taxable. But WQJ did not have such accounts.

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I regret selling NIO around 45. Bought that I think <10 last year. Now, I’ll need to slowly buy in on dips/consolidation. With all the hype among RHs, it’s probably going to 100+.

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i sold Nio at $20 :disappointed: kicking myself

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@Jil

Throw $1k and sit for 9 months. Looking at the chart, it can still go as high as $1000 before pull back and may not pull back so low as the fifth wave is extended quite a lot. If I’m lucky, make 10x over 9 months at the expense of TSLA multi-millionaires :imp: Any multi-millionaires want to pay me $10k to go away?

:rofl:

I feel like I shouldn’t have bought that PA house. Useless. Should’ve used the money to buy more Tsla. Oh well.

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Year 2021, I am not in such games unfortunately!

You may see positive value soon when market crashes drastically ( single day soon ), TSLA May down to $700 and will not go down below. This will happen within 7-10 days.

If you hold beyond the point, same TSLA will go up to $1200 and you will loose entire $1000.

TSLA puts are wild and come out when you see first day green.

Your wife is happy, happy wife, happy life.

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You lose sleep over $1000?

[quote=“hanera, post:4379, topic:4411, full:true”]

You lose sleep over $1000?
[/ quote]

Year 2021, I do not want to lose $1. Every stock I buy, I must make positive no matter $1 or $10k.

TSLA is always wild and holding long put will result loss due to decay.

The best for TSLA is: When dipped too low, buy long call !

Instead of focusing puts on TSLA , I just bought long calls with BNTX ( dropped 7.5% ) and FDX calls.

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I humor you and now in deep six.

For $1k position, I don’t bother to look at it till 1-2 months near expiry. Lotto.

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This is a perfect position, you will see in 90 days incredible returns.

I just AIM like this only with my algorithmic help.

FDX can not touch $240 in next 90 days Unless recession comes , but chances of going up above $280 is bright as it completed the wave 4 recently.

You see, I have similarly lotto.

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Didn’t bother to count, just noted that ABC is an expanded flat. Ratio of length of 4.c vs length of 4.a is 1.618. So share price should rebound above b :slight_smile: How long would it take? Guessing.