TSLA stock

I've made good money on TSLA, but it's basically a meme stock. A public blowup between Trump and Musk would be worse for TSLA than a Cybertruck catching fire and incinerating a city block.

I'm afraid of what BTC will do when Trump loses interest in it. He's mercurial about things like this...he takes a shine to it then eventually something else gets his attention. Not to mention, Cramer thinks BTC is a buy and he's a chronically wrong dipshit. I'll buy after it takes its hit and the government goes back to trying to inflate its debt away.

I was down over 50% in bitcoin before the recent run up. I had lost so much, there was no way I was going to buy more. But it has always had big crashes after the huge rises, so there's that. I haven't paid any attention to Cramer for years. Hearing that Cramer calls it a buy is worrisome. I totally disagree about Trump being mercurial, it seems to me he's been pretty consistent.

I’ve owned Tesla for over three years, it’s a buy and hold for me. Trump being for or against it, means little to me in my investment decisions, I’m waiting to see if SpaceX goes public, right now it’s privately held, but if you’re an accredited investor you can buy ARK Space Exploration, one of the hedge funds controlled by Cathy Woods, she has a pretty good stake in Space C
Bitcoin is a gamblers play, if you have a lot of money you could put 50K on black in a casino game of roulette. That not my style of investing. But if it’s your own money, go for it.

^ not space c Space X.

"I was down over 50% in bitcoin before the recent run up. I had lost so much, there was no way I was going to buy more"
Not just BTC, they say stocks go up on an escalator, down on an elevator. Obviously they've never been in biotechs, when up elevators are common (based on clinical trial results).

"I haven't paid any attention to Cramer for years. Hearing that Cramer calls it a buy is worrisome."
How anyone takes him seriously is a mystery to me.

"I totally disagree about Trump being mercurial, it seems to me he's been pretty consistent."
He's mercurial about EVERYTHING. Maybe he'll actually carry through on crypto? Wouldn't be the first thing he starts but doesn't finish.

"I’ve owned Tesla for over three years, it’s a buy and hold for me."
I may need to liquidate some stock near term, but I think long term it's going up.

"she has a pretty good stake in Space C...^ not space c Space X."
LOL I thought there was a competitor I didn't know about...

Rivian for your buy and hold.

I’ll start by sayin’ that Teslas are quality products. Well…not the cybertruck. Only giant frickin’ douches drive cybertrucks.

Hell, the last time this lion saw someone driving a cybertruck the driver had a nozzle on his head that was squirting out vinegar and water. At least that’s what I think happened. I was in a bit intoxicated on my drivin’ whiskey, so who the fuck knows what really happened?

But I digress…this thread is about investment advice. This rick doesn’t take investment advice from demented perverts, although they are sometimes correct about thing. Y’know…sorta like how a broken clock is right twice a day.

But I worry about the OP because I think he was the weirdo pervert that was all into Hawk Tuah coin. In fact, I think he said that he wanted to blow random guys in an alley to make extra cash to invest in the Hawk Tuah coin. I don’t think he’s a reliable source of investment advice. ROAR!!!

^^^ lol…

Bacon!!

Well, you were right about Bitcoin hitting 100k by the end of the year.

Don't believe in short term stock trading. It's gambling, pure and simple, and you're at the mercy of professional analysts who benefit from information that isn't available to punters. I do believe in buying and holding stocks, and I bought a decent chunk of TSLA in December 2014 for a (split adjusted) price of $13/share. I wouldn't consider buying it now at a PE ratio of 112, and would unload it if I wouldn't get killed with capital gains. So, I've been donating dribs and drabs of it into a donor advised fund, where I get a charitable deduction for the unrealized appreciation as well as the initial investment. Sure hope the reconciliation tax cut bill that is inevitably coming down the pike later this year doesn't eliminate this phenomenal tax benefit that is available to ordinary investors

Tesla is a growth stock without any growth

This new administration is ata crossroads where they’ve promised tax cuts but will raise tariffs in order to offset revenue that the government needs to runs its operations. When interest rates rise to counter inflation, the only people who will benefit are the cronies owning big business. The lower and middle class will get stuck with paying for higher costs and take home the same from their paychecks, and the same goes for small businesses. Trump will claim victory and make so much noise accentuating his accomplishments to drown out all criticisms, just as always. The fact is being a bully is no way to govern . The only effective thing he did in his first term was the tax cuts but he may find it difficult to extend them. Even if he does, most stocks will become stagnant with higher interest rates, especially any tech stock like Tesla. With over 250 years of capitalism entrenched in our history, trump taking credit for anything he did in his first term is completely gas lighting America to believe anything that gets fucked uo in his second term will be blamed on prior administration. The guy can’t govern, and the majority of inflation tye past 3 years can be pin pointed on his policies from his first term. There is such a monetary lag with inflation I had to laugh when pundits blamed Biden, but so goes politics.

When investments begin to stagnate due to stagflation in the coming years, trump will be long dead to hear any criticisms of his failed governance. We may be entering a new period where holding treasuries on the short end less than 5 years is the smart bet, but dollar cost averaging will pay off for long term investors, except that will need to be over 10 years to see that payoff. Boomers will not be happy with the next decade of investing, especially in tech.

OMG, you need to stop watching msnbc. I don't agree with anything you said.
"The fact is being a bully is no way to govern".
Wrong. It's the ONLY way to govern.

Not trying to brag. With TSLA being attacked by radical terrorists, the stock has fallen. So I figured it was a good time to buy. With TSLA at $345 right now, I'm up over 60k.

KInd of funny to see a sissy like Mateswithgerbils worrying about Boomers. The inflation we have suffered and will suffer is 100% on Joe Biden and the Democrats. Luckily they say their base is poor people so all they did was fuck over their base.

Unless you have a.lot of money in it and have really safe investments the stock market isnt worth it.

^ Stock market returns 8-10% over time. Online savings account nowadays is 3-4%.
Not being in the market is a great way to stay poor.

Icee you’re pretty stupid, do you know if you had invested one thousand dollars in the S & P 500 in 1957 (50 years ago) it would be worth over Eighty-one Thousand dollars, and if you just added 100 dollars per month during that timeframe you’d have over half a million dollars.
Not too shabby eh?

@Puddy im curious what the averages are for real estate and gold? With real estate you can also rent it out, in some cases with lower priced condos you can earn 10% of the condos value in rent per year. Then any appreciation in the condos own value would add onto that.

Ive heard high end watches like rolex, audemar, etc have also appreciated at much more than inflation rates but i dont know the %.

^ Gold was stable for a long time but has increased recently, especially with Bidenflation. Bitcoin will keep climbing for the same reason; finite supply and the government's desire to spend, spend spend.
.
Real estate is very locally dependent. Lots of places in the south and west got overbuilt and have decreased. Stuff in the northeast is geographically constrained and has kept its price or increased. Up here it's expensive enough that you're unlikely to get a good return on renting.
Renting isn't passive income though. You either hire a property manager to cut into your margins, or spend time and money yourself fixing things, not to mention you foot the bill yourself if an appliance fails.
.
I don't know about watches.

Real estate is illiquid and not easy to convert to cash, gold is sold at a discount from its market price, neither has consistent returns.
More Americans have become wealthy by buying and holding quality securities, returns are predictable and there is a market value published daily as well as an easy way to redeem securities at the published price with a very small cost and a safe exchange.
There are many other options available but none have the benefits that equities offer.

@Pussylicker2 that's awesome, congrats