As I am routinely checking my spreadsheet that, among other things, projects future gains based upon selected annual gain percentages it has been a struggle not to dial in the actual percentages we have seen so far.
I have Ranges A, B, and C that can be put in a column for each future year.
Typically, a random choice:
A = between 30 and 45 percent
B = between 15 and 30 percent
C = between 8 and 15 percent
Over a 25 year timeline I tend to select A, usually in the column for the next 2 to 4 years, then B for the following 2 to 4 years, and C for the remaining years. The gain percentages are intentionally conservative as a CYA measure.
Now for the tricky bit...
Naturally, I'm going to change the A and B ranges every now and then to conservatively reflect closer to last year's gains for A (70-80%) and (25-40%) for B. You know, just to see what maintaining higher gains might look like. This produces results that, though seemingly plausible, grow to numbers that are challenging to accept as actually possible. (thank you Elon!)
Granted, when I then look back to 2020 gains, the 2021 gains look to be significantly under-performing.
I simply cannot comfortably use for planning the results these ranges generate. I haven't even begun shopping for islands with mountains, or anything. At least I have a little time for that.
The numbers blow me away. Even if I roll back to A being only two more years and B the following two years with C for the rest it is still fantastic. Too fantastic for a fellow who has lived a frugal life. That is, someone who played enough throughout their lifetime to have pretty much earned about what I have spent along the way. Let's just say that I am totally unprepared for abundance. But, I'll deal with it like I have many other seemingly insurmountable problems I have faced over the years.
What I'm getting at is that I've been suddenly thrust into an environment where in another year or so I'll be planning my first home build/purchase, and buying new Teslas (plural), and trying to figure out how to spend my time and those gains. I have no heirs and this means I'll need to work extra hard finding good causes to support as this boon will be more than I have any reasonable chance of spending in my lifetime. (frugal habits die hard)
Anyway, it seemed like a good time to update this thread and I hope it encourages others to work out the numbers, accumulate TSLA and HODL until you reach the level of gains that suit you.
Best wishes to the long-term investors and many thanks to all in the TMC Investment threads for keeping the light at the end of the tunnel burning brightly!