I have 990 tesla shares after selling a post split equivalent of about 125 back in Jan 2021. I bought a house that year and have pretty much put all my money into paying the mortgage and doing improvements on it, but I recently got a small pay rise and am thinking to make it an even 1000. Wish I had more money right now!
You're right, it can be hard not to get sucked in, but, since you asked…my approach has been to set limit orders. When I see the stocks I hold going down, I buy a limit order for the price I am willing to pay for it. I have one stock right now that I've set a limit order to sell at a price quite a bit higher than it is right now. You're right in everything you've said, Tom, but things are a little different right now. Patience and restraint might be the best approach overall.
For the casual investor the safest play is exactly what you’re talking about, but why be casual with your future? Like it or not money is important. It’s at or near the top of reasons people get stressed out, divorced, disown family members, and go to war, so why have so many people decided to neglect their education of it? It’s madness!
Yes! I increased my position in PLTR by 8% last Thursday and Friday. DCA every two weeks since March. Also, bought more DNA. I plan on holding pltr for 5 – 8 years. I believe this is a generational stock. I actually used to be more of a trader than an investor but Palantir changed all that for me. Especially since I originally got in around 24 with a small stake. Lol. It's my largest holding now. I'm sucking up as much as I can while the price is so ridiculously low. The longer it stays down the better I like it, long term. IL6 is going to open a lot of doors downstream. I've never heard of Palantir having a data breach of any kind. A lot of other companies have. Even Sony got hacked. Anyway gotta go.
I get paid. I buy more. Green/red doesnt matter. I have my emergency fund set up for 6 months + so no more additions, I then pay my bills and everything else goes into rhe market. THIS IS THE WAY.
PSNY Polestar stock dipped below $5 on Friday last week. Considering they are making more cars than Lucid and Rivian and are selling in 25+ countries (30 by the end of this year) – the stock is really cheap IMHO. They have confirmed they are still on target for 50k deliveries/production by the end of this year and 100k for 2023. Polestar will build the Polestar 3 SUV in the USA & China – it was launched on 12th October 2022. The Polestar 3 has air suspension and more luxury than the Model Y. It is larger than a Model Y. It will be cheaper than the Model X.
TSLA – Tesla should have great earnings as they had record production numbers. Tesla is now a money making monster with huge demand for it's products. EV sales are booming as consumers switch to EVs to save money due to high fuel and maintenance costs for ICE vehicles. Strong rumours that Tesla will do a share buy back before the end of this year. Tesla was up 7.01% yesterday and this rise should continue today as we get closer to Wednesday’s earnings call.
I'm patiently waiting for Tesla earnings tomorrow. Aside from Tesla, I buy global index funds. Looking forward to your new video Tom and thank you for all you do.
Question: what follows the longest bull market in history? My guess: longest bear market in history. How long will it continue? My theory: until we get a new President. It irritates me that the financial advisers that run my company’s 401k stick to the “keep it in the market” speech. Sometimes, it’s good to take some off the table.
Day trading. If the S&P 500 is rallying I scalp calls. If the S&P 500 is declining I scalp puts pretty simple
I have 990 tesla shares after selling a post split equivalent of about 125 back in Jan 2021. I bought a house that year and have pretty much put all my money into paying the mortgage and doing improvements on it, but I recently got a small pay rise and am thinking to make it an even 1000. Wish I had more money right now!
Tom, you are the father I never had, спасибо большое!
"Opportunities don't happen, you create them." -Chris Grosser
Tom can you so a video on situation in UK? What happened, causes etc
You're right, it can be hard not to get sucked in, but, since you asked…my approach has been to set limit orders. When I see the stocks I hold going down, I buy a limit order for the price I am willing to pay for it. I have one stock right now that I've set a limit order to sell at a price quite a bit higher than it is right now. You're right in everything you've said, Tom, but things are a little different right now. Patience and restraint might be the best approach overall.
Power of DCA on good companies is awesome.
Buy red days! Sell green days! FACTS!!
Can’t have it both ways bro !
thought sell everything few weeks ago
The market makes complete sense. All in!!! I’ve rode the down now I’m enjoying the bounty!
Go for it! Unless it's ww3 eventually you'll double your money
For the casual investor the safest play is exactly what you’re talking about, but why be casual with your future? Like it or not money is important. It’s at or near the top of reasons people get stressed out, divorced, disown family members, and go to war, so why have so many people decided to neglect their education of it? It’s madness!
Yes! I increased my position in PLTR by 8% last Thursday and Friday. DCA every two weeks since March. Also, bought more DNA. I plan on holding pltr for 5 – 8 years. I believe this is a generational stock. I actually used to be more of a trader than an investor but Palantir changed all that for me. Especially since I originally got in around 24 with a small stake. Lol. It's my largest holding now. I'm sucking up as much as I can while the price is so ridiculously low. The longer it stays down the better I like it, long term. IL6 is going to open a lot of doors downstream. I've never heard of Palantir having a data breach of any kind. A lot of other companies have. Even Sony got hacked. Anyway gotta go.
RIO , EXPI ,BHP
Another great video, thank you.
Thank you my friend Tom
I get paid. I buy more. Green/red doesnt matter. I have my emergency fund set up for 6 months + so no more additions, I then pay my bills and everything else goes into rhe market. THIS IS THE WAY.
PSNY Polestar stock dipped below $5 on Friday last week. Considering they are making more cars than Lucid and Rivian and are selling in 25+ countries (30 by the end of this year) – the stock is really cheap IMHO. They have confirmed they are still on target for 50k deliveries/production by the end of this year and 100k for 2023. Polestar will build the Polestar 3 SUV in the USA & China – it was launched on 12th October 2022. The Polestar 3 has air suspension and more luxury than the Model Y. It is larger than a Model Y. It will be cheaper than the Model X.
TSLA – Tesla should have great earnings as they had record production numbers. Tesla is now a money making monster with huge demand for it's products. EV sales are booming as consumers switch to EVs to save money due to high fuel and maintenance costs for ICE vehicles. Strong rumours that Tesla will do a share buy back before the end of this year. Tesla was up 7.01% yesterday and this rise should continue today as we get closer to Wednesday’s earnings call.
Buy puts or inverse calls frens..
I'm patiently waiting for Tesla earnings tomorrow. Aside from Tesla, I buy global index funds. Looking forward to your new video Tom and thank you for all you do.
Question: what follows the longest bull market in history? My guess: longest bear market in history. How long will it continue? My theory: until we get a new President. It irritates me that the financial advisers that run my company’s 401k stick to the “keep it in the market” speech. Sometimes, it’s good to take some off the table.