Board 8 > Is anyone here investing in Tesla

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Nanis23
02/04/20 1:15:35 PM
#1:


Just made my monthly salary in two days
What the fuck is this shit

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Nelson_Mandela
02/04/20 1:51:02 PM
#2:


Jesus, how much did you invest?

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Moonroof
02/04/20 1:53:51 PM
#3:


Sell now. Reinvest in a few days.
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Nanis23
02/04/20 1:59:34 PM
#4:


Nelson_Mandela posted...
Jesus, how much did you invest?
15k dollars

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Nelson_Mandela
02/04/20 2:01:39 PM
#5:


Nanis23 posted...
15k dollars
Nice work. I've been banking on Bitcoin mostly as a fallback if the economy collapses. No return on that yet.

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Colegreen_c12
02/04/20 2:01:49 PM
#6:


No because Tesla is insanely overvalued atm

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Nanis23
02/04/20 2:26:36 PM
#7:


Nelson_Mandela posted...
Nice work. I've been banking on Bitcoin mostly as a fallback if the economy collapses. No return on that yet.
Thanks!
I needed that after I lost 1500 dollars on Beyond Meat >_>
At least one bet worked!

Colegreen_c12 posted...
No because Tesla is insanely overvalued atm
That's what people are saying for 3 months now and the stock increased by 400%
Just 40% in the last two days alone
Sure it will crash sometime, maybe even tomorrow, but i'll try to enjoy it as long as it lasts

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Colegreen_c12
02/04/20 2:37:39 PM
#8:


Nanis23 posted...
Colegreen_c12 posted...
No because Tesla is insanely overvalued atm
That's what people are saying for 3 months now and the stock increased by 400%
Just 40% in the last two days alone
Sure it will crash sometime, maybe even tomorrow, but i'll try to enjoy it as long as it lasts

Theres also articles by analysts saying it will be worth 7,000 in 4 years.

As they continue to sell their Tesla stock.

Mind you if you bought it a few months ago when it was ~300 I still thought it was overpriced but I could still see it being a reasonable buy if you had faith in the company.

But my advice now is basically

Moonroof posted...
Sell now. Reinvest in a few days.

because what's happening now is 100% not going to last

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Nanis23
02/04/20 2:48:14 PM
#9:


Colegreen_c12 posted...
Theres also articles by analysts saying it will be worth 7,000 in 4 years.

As they continue to sell their Tesla stock.

Mind you if you bought it a few months ago when it was ~300 I still thought it was overpriced but I could still see it being a reasonable buy if you had faith in the company.

But my advice now is basically

because what's happening now is 100% not going to last
I have been constantly buying and selling on new highs because I thought "yeah this is as high as it goes" only to regret it later
The stock market is not often discussed in this board but Tesla stock is such a phenomenon that I felt I must discuss it here to see if someone else here caught on this

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Menji
02/04/20 2:58:14 PM
#10:


Oh yeah, bought a bit last year!

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LordoftheMorons
02/04/20 3:07:23 PM
#11:


Are you just investing for fun or to reliably make money?

Because if the latter, you should be buying into index funds rather than individual stocks.

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Nanis23
02/04/20 3:24:08 PM
#12:


LordoftheMorons posted...
Are you just investing for fun or to reliably make money?

Because if the latter, you should be buying into index funds rather than individual stocks.
Still learning and trying different strategies
At the end it all comes down to risk vs reward
But this is pretty emotionally tiring and a few days ago I took such a hit it will take me a few days to recover from it...
Still, been making a good money..mostly. A index can't increase 20% in one day

It also can't fall 20% in one day, hence the risk vs reward.
There are upsides and downsides to every strategy

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ChaosTonyV4
02/04/20 3:34:14 PM
#13:


Ive lost the spark to invest after I made a killing on the American Airlines bankruptcy in 2011, knowing I can never replicate that.

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Nanis23
02/05/20 10:13:13 AM
#14:


Ouch.

Oh well, only half salary

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wololo
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KingButz
02/05/20 10:34:11 AM
#15:


Should have listened!
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Moonroof
02/05/20 1:47:51 PM
#16:


I tried warning you but you didnt listen.
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paperwarior
02/05/20 1:53:50 PM
#17:


Noooope
Just in Chuck Testa

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Nanis23
02/05/20 4:14:15 PM
#18:


Moonroof posted...
I tried warning you but you didnt listen.
Greed is bad

Not my fault I was born jewish

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wololo
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Emeraldegg
02/05/20 4:17:01 PM
#19:


oh god I forgot about chuck testa
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#20
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Nanis23
02/05/20 4:33:14 PM
#21:


UltimaterializerX posted...
IBM is the best value stock right now. They're finally forcing out their incompetent CEO that almost caused the company to go bankrupt and replacing her with someone that actually knows what they're doing. I moved a million to it last month when the word on the street is she was stepping down and I don't regret it. The stock popped 5% when it was official news.
One day I will hear your tips for getting rich
Was some of it thanks to the stock market or something else?

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#22
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#23
Post #23 was unavailable or deleted.
Corrik7
02/05/20 6:29:13 PM
#24:


I have two degrees that are basically worthless, but I paid them off in a couple of years instead of carrying the debt.

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Colegreen_c12
02/05/20 7:33:36 PM
#25:


UltimaterializerX posted...
By the way if your question is "how to get rich while currently middle class", the best answer is to avoid college (or just go to trade school) and start your own business in something not stupid. Dog walkers are making a killing, but the big one is anything involved with building or fixing houses. Every single guy I know that's into flooring, drywalling, roofing, construction, etc etc makes 7 figures per year. @Corrik7 is a foreman, I think. He can vouch for how good construction is.

It's always funny when some millennial douchebag tries looking down at one of my manual labor buddies with their 40k/year job and 100k student loan debt. It's like bro, they make 7 figures and have no debt. Who is the dumb one?

I think the college one is very true unless you go into a career with high payouts. Lawyer, computer science, medical etc where you can make a decent wage to build up capital and then use that to start a business.

Ie, don't go to college and get a degree in psychology just to work at cotsco like my one friend did. You might as well just skip out the middle part and go work at cotsco

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WhiteLens
02/05/20 8:05:46 PM
#26:


Hey @Colegreen_c12 , off-topic but was it really you that led to Pokecord being created?

It was something NFUN mentioned, that your Pokemon commands for BooBot were so good that it ended up being replicated as its own Discord bot.

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NFUN
02/05/20 8:20:27 PM
#27:


WhiteLens posted...
Hey @Colegreen_c12 , off-topic but was it really you that led to Pokecord being created?

It was something NFUN mentioned, that your Pokemon commands for BooBot were so good that it ended up being replicated as its own Discord bot.
No, it wasn't literally stolen. He just made something in the B8 server and a year later a popular version popped up. Was just saying that the B8 botsmiths were #aheadofthecurve

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Colegreen_c12
02/05/20 9:35:28 PM
#28:


I don't know what pokecord is but we just found some bot added it to the server and added a few responses to keywords to screw with people.

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swirIdude
02/05/20 11:22:30 PM
#29:


LordoftheMorons posted...
Are you just investing for fun or to reliably make money?

Because if the latter, you should be buying into index funds rather than individual stocks.

Index/Mutual Funds, or ETFs tracking Index/Mutual Funds, are the mainstay of my retirement.

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foolm0r0n
02/06/20 12:24:58 AM
#30:


Nanis23 posted...
At the end it all comes down to risk vs reward
No, the risk/reward of stocks is very consistent. What you're talking about is variance. High variance is gambling. Nothing wrong with that, it's just not investing.

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#31
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HanOfTheNekos
02/06/20 10:25:40 AM
#32:


Hey Ulti can I refinance my student loans through you at 0% apr?

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barreldragon88
02/06/20 10:39:46 AM
#33:


Wish I had invested in Tesla last year ;(

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SavageInTheBox
02/06/20 12:16:23 PM
#34:


UltimaterializerX posted...


It's always funny when some millennial douchebag tries looking down at one of my manual labor buddies with their 40k/year job and 100k student loan debt. It's like bro, they make 7 figures and have no debt. Who is the dumb one?

I made $140k last year and likewise have no debt, but I'm also a cop which is a field we all know has high IQ restrictions so I'm definitely not smart


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TimothyJab
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Nelson_Mandela
02/06/20 12:33:34 PM
#35:


SavageInTheBox posted...
I made $140k last year and likewise have no debt, but I'm also a cop which is a field we all know has high IQ restrictions so I'm definitely not smart
Jesus, how is this possible when NYC has like 3 million cops on payroll

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SavageInTheBox
02/06/20 1:20:38 PM
#36:


Nelson_Mandela posted...
Jesus, how is this possible when NYC has like 3 million cops on payroll

A lot of overtime and full night diff, which was about $7k for the year though. Working mornings now though because I have enough time on that I can live comfortably without the night diff.

The vast majority of NYPD cops make shit though. You make like $50k through 5.5 years then it jumps to $85k overnight. And most of the guys with enough time on to actually make money are lazy and don't take advantage of the overtime made available.

I was probably one of the higher paid cops in the city. I made more than my bosses. I'll be retired by 43, as I have also invested wisely. Thanks FUSEX!

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Nanis23
02/06/20 2:24:53 PM
#37:


UltimaterializerX posted...
When a republican is in office, invest in defense stocks. Boeing, Lockheed Martin, et al. They're a bunch of neocon chickenhawk cowards. When a democrat is in office, invest in gold and silver. I knew Obama would be Jimmy Carter 2.0, and what do you know: https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart
Interesting
Trump is indeed fantastic for the stock market. 2019 was such a godly year. I dread the day he lose the next election and we won't get such a good stock market again
But yeah, Gold tend to rise when the stock market crash, so there is another way to make money
Regarding Boeing -they are kind of a risky investment because of the Max 737 problems. I am sure that if they will fix all of it's problems the stock will soar, but right now it's too risky in my eyes (yes, more risky than Tesla)
Didn't hear about Lockheed Martin but holy hell that looks super good. Will research more on it

UltimaterializerX posted...
By the way if your question is "how to get rich while currently middle class", the best answer is to avoid college (or just go to trade school) and start your own business in something not stupid. Dog walkers are making a killing, but the big one is anything involved with building or fixing houses. Every single guy I know that's into flooring, drywalling, roofing, construction, etc etc makes 7 figures per year. @Corrik7 is a foreman, I think. He can vouch for how good construction is.

It's always funny when some millennial douchebag tries looking down at one of my manual labor buddies with their 40k/year job and 100k student loan debt. It's like bro, they make 7 figures and have no debt. Who is the dumb one?
Oh, yeah. I have a friend living on the US and he has a company of carpet cleaning and another of house fixing
The prices people there are willing to pay to fix their problems is crazy
$300 to dry a carpet after a water damage? jesus christ seriously just buy a new carpet or let it dry yourself ffs
The house fixing prices are even more ridiculous. $3000 for one-two hours work. And it's not a scam or something, they are willingly paying and even sometimes leave a tip

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#38
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SavageInTheBox
02/06/20 7:19:08 PM
#39:


You have absolutely said that on numerous occasions Ulti

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Nelson_Mandela
02/06/20 8:13:31 PM
#40:


SavageInTheBox posted...
A lot of overtime and full night diff, which was about $7k for the year though. Working mornings now though because I have enough time on that I can live comfortably without the night diff.

The vast majority of NYPD cops make shit though. You make like $50k through 5.5 years then it jumps to $85k overnight. And most of the guys with enough time on to actually make money are lazy and don't take advantage of the overtime made available.

I was probably one of the higher paid cops in the city. I made more than my bosses. I'll be retired by 43, as I have also invested wisely. Thanks FUSEX!
Disgusting. I hate this city but happy for you man!

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foolm0r0n
02/07/20 1:36:13 AM
#41:


Nelson_Mandela posted...
Jesus, how is this possible when NYC has like 3 million cops on payroll
Everyone he arrests gives him $100 after the thank you and handshake

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foolm0r0n
02/07/20 1:38:55 AM
#42:


Checked my TD account form back when I was trying to play the stocks, and turns out I only have 4 TSLA. I did manage to find the exact date and time I gave up on day trading though.
https://i.imgur.com/Z4o3DOH.png

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Nanis23
02/07/20 3:52:24 AM
#43:


foolm0r0n posted...
Checked my TD account form back when I was trying to play the stocks, and turns out I only have 4 TSLA. I did manage to find the exact date and time I gave up on day trading though.
https://i.imgur.com/Z4o3DOH.png
So you are still holding on to them? that cool because they are now worth almost 3 times as much

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wololo
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SavageInTheBox
02/07/20 9:55:04 AM
#44:


foolm0r0n posted...
Everyone he arrests gives him $100 after the thank you and handshake

Haha, still upset after all these years that I'm an honest and fair cop eh? Zero civilian complaints after more than 8 years! Unless you count LtM calling every precinct he could find the number for in a fit of impotent rage.

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TimothyJab
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SavageInTheBox
02/07/20 9:59:08 AM
#45:


Nelson_Mandela posted...
Disgusting. I hate this city but happy for you man!

I would get out while you can. The negative affect of bail reform is occurring even faster than we anticipated (anyone with a brain knew this would happen, but even we didn't expect the city to burn in a month) and it will only get worse. We're already seeing the expected side effects of the new discovery laws too with witnesses being murdered before they can testify, so criminals have even less to worry about now.

I'm not married but if I had a wife and child I would live as far away from NYC as possible. Be safe man.

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TimothyJab
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ChichiriMuyo
02/07/20 5:01:59 PM
#46:


Nanis23 posted...
$300 to dry a carpet after a water damage? jesus christ seriously just buy a new carpet or let it dry yourself ffs
The house fixing prices are even more ridiculous. $3000 for one-two hours work. And it's not a scam or something, they are willingly paying and even sometimes leave a tip

$300 to take care of carpeting is nothing. The last time I carpeted a place it cost over $2000. If were talking $300 for a full carpet cleaning that's a fair price. If we're talking like a Persian rug then those things can be $10,000 dollars and $300 is nothing to clean that.

The reason why those kind of prices are fair is because specialists have the know-how and tools to do it well. For the vast majority of people doing it yourself will take much longer, it won't be done as well, and you might even make it worse. Most people don't want to waste that time and money just to have someone come fix it for them anyway, especially since that's probably going to give the professionals reason to charge even more.

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foolm0r0n
02/08/20 9:13:39 AM
#47:


Nanis23 posted...
So you are still holding on to them? that cool because they are now worth almost 3 times as much
Pretty much, no reason not to. I am still a Tesla supporter which is why I bought these in the first place. I can see it going up more. Question is whether to buy more.

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foolm0r0n
02/08/20 9:19:36 AM
#48:


SavageInTheBox posted...
I'm an honest and fair cop
Oh I didn't realize that you stopped supporting police injustice. Definitely not upset about that, keep it up and drain the swamp.

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_foolmo_
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SavageInTheBox
02/12/20 12:32:33 PM
#50:


foolm0r0n posted...
Oh I didn't realize that you stopped supporting police injustice. Definitely not upset about that, keep it up and drain the swamp.

Sick trolling dude

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TimothyJab
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Nanis23
02/12/20 5:07:27 PM
#51:


By the way the Tesla sell-off totally annoyed me so I decided fuck that I am long Apple forever

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