I Held That Long For - ?

Nobert said:
It's one thing to hold on to a loosing position, with fools hope to break even, but it takes self - restraint, a different kind of skill/character, to keep on with that winning position.
Just thinking in words.
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It's a tough one. I jumped in and started trading TSLA in early 2020 and that year had better returns than his investment. Over the next 2 years we've seen a 473 top and now a 202 low. Hard to plan for a proper retirement with such variation but it could be worse.
 
Cabin111 said:
Does farm (in California), turn into commercial/subdivision count??
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%%
Sure does count.
Especially\ if you sold in San Diego neighborhood before they put big rocks to stop homeless illegal campers.
Actually that sounds like a better idea than Oregon using concrete:caution::caution:
No i haven't done 1,300%%-yet LOL:D:D
 
The_Krakenite said:
The last few days, I've been hearing ARKK has been doubling down again on Tesla.

I'll still give this a pass...
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The tide has changed at least for now. TSLA had a spectacular growth just before that. It would be extremely hard to mirror that in the current market environment. I don't know how that can happen. They have to win over customers from their competitors, because otherwise natural growth would happen harder with rising interest rates environment, economic recession worldwide and population decline. All these things harm economic initiative and TSLAs products are premium products, at least by their price compared to other cars.
I don't want to get started on ARKK in the same post, haha. What happened to good old trend following by successful big money managers...
 
Stratter said:
The tide has changed at least for now. TSLA had a spectacular growth just before that. It would be extremely hard to mirror that in the current market environment. I don't know how that can happen. They have to win over customers from their competitors, because otherwise natural growth would happen harder with rising interest rates environment, economic recession worldwide and population decline. All these things harm economic initiative and TSLAs products are premium products, at least by their price compared to other cars.
I don't want to get started on ARKK in the same post, haha. What happened to good old trend following by successful big money managers...
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You're forgetting a key growth driver for all ev: Europe, some US states and non euro countries are set to ban ice vehicles from 2035 which will have tremendous consequences to the traditional auto market, fuel distribution and cost, repairs, etc.
As of this month, Tesla already has the best selling vehicle in Europe, not just ev. While the competition is coming, it's still far behind. Chinese makers will likely be banned from export to the alliance countries when Xi decides to invade Taiwan; the US can't figure out how to make cars anymore, let alone EV; Korea and Europe are the strongest competition but they're still working out production and supply kinks, giving Tesla at least a 5 years lead.
 
VicBee said:
You're forgetting a key growth driver for all ev: Europe, some US states and non euro countries are set to ban ice vehicles from 2035 which will have tremendous consequences to the traditional auto market, fuel distribution and cost, repairs, etc.
As of this month, Tesla already has the best selling vehicle in Europe, not just ev. While the competition is coming, it's still far behind. Chinese makers will likely be banned from export to the alliance countries when Xi decides to invade Taiwan; the US can't figure out how to make cars anymore, let alone EV; Korea and Europe are the strongest competition but they're still working out production and supply kinks, giving Tesla at least a 5 years lead.
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There is some merit to that, but I won't be surprised if that ICE ban is revised in the future... EVs are not what they seem to be.
 
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