That's the longest stock I've held. Made some pretty good change, but think about this .. one of our engineers worked for Tesla from 2016 to 2020 and said his holdings are worth $10M, with a capital M. And he's just in his 30's. Talk about working at the right place at the right time

 

FOMO stops me from selling 100% just can't do it. There is always a point where the stock is the lowest it will ever be trying to time this is too risky for my blood.

 

We have a son in-law that's been with Nvidia since the mid 2000's. Let's just say him and our daughter are doing ok.

 

Cathie Wood says hold my beer.https://en.m.wikipedia.org/wiki/Cathie_Wood

 

i wouldn't be surprised if tsla declines today as sheeple sell to lock in yesterday's gains.

 

i think you said at $252 (well done by the way), but that was 3% below what it closed at.

so if it drops below the price you sold at, and you buy, how will you know it's not going to drop still further?

 

I'm not purposely trying to time the market, just looking for an opportunity, and yesterday the opportunity and I were aligned . The initial investment was $20k around July 2020, I just gotten my bonus and on a whim put it in TSLA. Wife wasn't too happy, she had plans for it, but I had other plans. Putting it back in the market, I can continue to grow it.

If I put it back into TSLA and it drops and continues to drop, that will ok, I'll wait for the next opportunity even if it's two years from now. Also, I'm thinking maybe put it in Microsoft, before earnings

 

I'm way up on Tesla stock and I think Musk is pretty repugnant. He's just not a good person, you see it in how he treats others...doesn't mean he's not a visionary or brilliant. I also made a lot of money on Apple stock and love Apple products and think Steve Jobs was a pretty despicable person too.

The other reality is when Musk chose to be political he alienated half the country, thats just the nature of being political in this day and age. So, 1/2 the country at least feels the way we feel. He doesn't care, so neither should any of us.

Would I not buy a Tesla because I dislike him? Honestly I might not, but I also don't like the product. If I loved the product I probably would. Plenty of people will. Would I sell my Tesla stock and refuse to invest in Tesla again because I don't like him? No. That would hurt me not him lol

 

Nvidia was one of the investments I was looking at, but I missed that bus . I do have about 200 shares I picked up at $120 earlier this year

 

Selling Tesla and holding Nvidia means you think NVDA will rise in the short term and not TSLA I'm not going to say you are right or wrong I have no idea that's why I buy and hold. Stock market is the engine that transfers wealth from the impatient to patient.

 

I sold almost half my NVIDIA as well. Buying and selling doesn't mean anything except you want to make money or getting out of a losing stock. It's not personal to me, I would buy McDonalds if I thought I could make money, and I absolutely loath McDonalds. I have no loyalty to any company, including Tesla (except as a vehicle owner), if I thought Tesla wouldn't make me money, I wouldn't buy its stock. Prior to owning TSLA, I owned a ton of APPLE, and I really, really didn't like their CEO, but the stock had huge upside. When I saw it going nowhere and already made money on it, I sold it and bought more TSLA with the proceeds.

I don't claim to know the market or any secrets to making money buying and selling stocks. All I know is I wasn't busy at the time, saw an opportunity and took it. If I see another opportunity to jump in, I'll take it

EDIT

OK, I wouldn't buy McDonald's stock, that's a step to far for me....

 

LOL, I bought MCD a few days ago when it dropped 6% on e-coli news. Once the dust settles and everything goes back to normal, it'll recover and I'll be up 8-10%. For me, I just want to make money so I don't care about the CEO, their politics, if I'm a customer of the brand, etc. It's not personal, it's business. Personally I like Musk, but that has nothing to do with why I bought the stock a while back. I respect that others have different opinions and philosophies on all of that.

 

LOL, tell me you don't know Gordon Johnson's record without telling me you don't know Gordon Johnson's record.

Much to his dismay, TSLA is up another 3% today. In late July, he had a $27 price target on it (price was around $230/share at the time). So it only needs to drop 90% from here. Oohhh... maybe if it does a 10-1 split he'll be close to being right!

 

That's all it is too me, it's about making money. I feel Tesla has done a lot for the world, but if investing in their stock doesn't make me money, I'll put it somewhere else. I do believe in what they are doing, but the opportunity to make money was there and I took it. When it returns (and I'm confident it will), I'll invest again

 

Congrats on the windfall. I hate paying the taxes... What's a poor boy to do? I am holding my small TSLA investment. It has doubled as of now.