Additional Posts in Personal Investment Chatter
Deloitte I have been on my current project since September 2020, and am feeling some burn out. My current contract ends at the end of this month. I am considering sitting on the bench for some weeks, maybe a month to rest. Is that pushing it? How long is too long? My utilization rate is currently in the 90ish range.
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Chief
You are asking whether you should bet on black or red.
How much are planning to put in and who long do u plan to hold? Would u be fine not touching the money for abt 5 years? then i would get in on a small downturn/-ve news. The point is short term no one knows what will happen, long term 5-10 yrs, i think its a 1-2 trillion $ company. I have currently 3xed my investment and think overall there is a 30-40x potential. My avg buy is 255
Thanks for the advice. Yeah, i would be looking for more like 5 year investment. I will wait for it to drop a little and buy in
Yes, but be prepared to hold long term. Tesla is a software & energy company perceived as a car company with a moat of IP and experience between them and everyone else. They make their own chips, super computers, and get more than a billion miles a year in self driving data while the next closest gets maybe 3000 miles of simulation
I'm just saying if solar city does that and is an energy company and tesla owns solar city, that doesn't make tesla an energy company in the sense of what everyone thinks of when you say energy company
I only closed a small part of my position when it tipped above $900. If you want to get on because everyone else is, DO NOT BUY THIS, OR ANY OTHER STOCK, EVER. Bandwagon investing is no way to make money.
That said, the people trashing TSLA are also wrong. If you value Tesla as a car company, it's comically overvalued. If you value it like a FAANG, it's got room to run, and the people valuing it as a car company are wrong.