Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[StealthP3D]

Decision point. I have an immediate need for cash within next 1 month (~10% of my current TSLA holdings). Can't decide if I should sell today/tomorrow, next week post split, or closer but before the BatteryDay. Only thing stopping me from selling right now is S&P500 uncertainty. I know better than trying to time the local top, and won't complain if stock keeps going up after I sell. But every extra bits help, and I also don't want to be in situation of having to sell 15% instead of 10% for my needs, as those are fixed... Decisions, decisions...

I've long believed you shouldn't have ANY money in the market you need to access in 2-3 YEARS. If you have invested money you need soon, sell now. Not because anyone knows what will happen but precisely because NO ONE KNOWS what will happen. The money shouldn't be invested in the first place.

 

[Pezpunk]

“Just remember, it’ll be election season soon”....that’s what I keep telling myself lol.

i feel like it's been election season for the last 10 and a half years.

 

[wipster]

The best part of waking up
is owning Tesla stock...

 

[juanmedina]

My biggest block keeping me from being more bullish is what TSLA means to me on a personal wealth level. I can certainly see TSLA getting to some crazy level like 10k, but seeing my own finances in light of that is the hard to grasp bit. That's not rational so I just make sure I'm aware of this tendency.

I just sold a Sept 11 3k. About a 2k premium. I wanted to be on this side of battery day, just in case. If I get called then I'm doing great overall.

I sold a $2500 for next week yesterday. It seems that is not going to age well .

 

[riverFox]

Kinda quiet in here today. Everybody too busy counting their money?

 

[dedicatedtek]

my new home page: Private Islands For Sale Worldwide

 

[Mo City]

Not that anyone still cares, but $2,270 represents a 65% surge since the split announcement.

 

[humbaba]

Kinda quiet in here today. Everybody too busy counting their money?

well, its either that, or work. So far today counting money has been more profitable

 

[StealthP3D]

well, the stock price has pulled back from the latest intraday high. Catch your breath quick though because its going $420 on Monday unless it hits $3k tomorrow

It's showing a lot of strength at these levels.

 

[StealthP3D]

well, its either that, or work. So far today counting money has been more profitable

Why? How much do you pay yourself?

 

[Sofie]

i feel like it's been election season for the last 10 and a half years.

Welcome to America!

 

[Nocturnal]

I sold a $2500 for next week yesterday. It seems that is not going to age well .

If I get called I'll either sell puts until that gets called, or buy back in if the price goes lower than I sold for.

Why? How much do you pay yourself?

I was going to joke that I would never pay myself because all I do is stare at TSLA, but that's far more profitable than my pretty well paying job so...

 

[lafrisbee]

I am the only one miserable right now...
A newbie stupid mistake is costing me dearly...DEARLY.
About $130/share since I got did the dumb move of trying to afdd a couple of shares by selling and trying to re-buy within 48 hpurs of each other....
You guys enjoy this for me. Vuz I can't. and I halfway called it.

 

[mrmage]

Sold my Jan 2021 720 LEAPs yesterday and bought stock with it.

In retrospect, I should have sold 1/3 and exercised the rest. The time value is much smaller than the tax hit.

 

[tinm]

 

[humbaba]

Why? How much do you pay yourself?

heh. I get nothing from the stock. Other than a major distraction. I'd be better off if I could ignore it but even my small position has accumulated to some nice gains.

nearly two years ago when I first invested I had this notion that $TSLA might hit $1000/share at some point in the next five years. It was obviously undervalued and a breakout was inevitable, but when? I had no idea and was clear to myself about that.

So, yeah, I'm a little giddy now that it isn't even quite two years yet and the stock price has gone past twice my modest aspirations. Does this reveal how little I know about the stock market? I'd reckon so. I'm a complete noob.

 

[Pezpunk]

I am the only one miserable right now...
A newbie stupid mistake is costing me dearly...DEARLY.
About $130/share since I got did the dumb move of trying to afdd a couple of shares by selling and trying to re-buy within 48 hpurs of each other....
You guys enjoy this for me. Vuz I can't. and I halfway called it.

pfff, $130 a share is less than 6%. don't sweat it.

 

[EVMeister]

So long, productivity. It was nice knowing you.

 

[wipster]

Thanks, buddy. Looks like we dodged the bullet on Laura (by ~80 miles). Our neighbors in Port Arthur and Beaumont are in for a rough night.

Haven't seen all of this morning's posts, so I'm hoping all is well with you and your family? You're not near that chemical plant are you?

Just heard Port Arthur dodged a bullet, so that's good. Take care and prayers for all folks in the path of this storm...

 

[theschnell]

I thought to myself this morning "$2,500 by end of day tomorrow" and thought it would be a stretch. Now I think there's small chance it could happen today...