Rank: Member Joined: 8/29/2008 Posts: 573
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Jon Jones wrote:How do you guys buy Tesla stock?? Educate a novice.
Secondly, I just checked its price action on tradingview. That is an obvious bubble. Use the pi cycle top indicator to sell at the top (+- 3 days). Thank me later. The buyers are US based and they have the infrastructure for buying. If you are in Kenya, maybe contact your broker...
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Rank: Member Joined: 4/26/2011 Posts: 759
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Kusadikika wrote:Rollout wrote:Tesla- I bought 600 share of Tesla in 2012 paying under $25k this was in response to a number of misses including missing out on great companies like UnitedHealth Group, Facebook and Amazon during their respective earlier stages. I had several instants that I was tempted to sell but held back because I didn't want to pay tax, when stock dropped from $400s to under $200 last year, I was tempted to sell but went ahead and spent $20k to acquire additional 100 share. I believe Tesla stock will hit $2000 a share by end of 2022. Tesla is a technology company, you can't compare it with Toyota and Ford. Tesla cheapest model is $35k, New Toyota Camry/Corolla is $25k. Tesla should be able to overtime reduce the price of the cheapest model to under $30k and at that point Toyota drives will start switching. there is also a race for autonomous vehicles operating systems. Tesla is going to kill it. You will be stupid if you miss out Did you hold on to cash in on your $1.2 million?? Congratulations!! That was an unbelieavable ride. Your price was achieved 2 years earlier than you said it would. I sold my first ever tesla stock on Monday January 4th for $726/Share, I had to wait until 2021 again because I didn't want to pay tax in 2020 on the gain. After the split I was holding 3500 shares. Cashed out 1000 shares for $720k and change I spend $500k the same day to buy 20 stocks including 2 Chinese electric car companies, LI, NIO, 2 solar energy companies, top 4 oil companies( they are all undervalue), 2 airline companies, Intel, Paypal, Square among others. My tesla Holding today is worth $2.1 million. The future is solar energy, cloud computing, electric cars and platform companies. Tesla will hit $1 trillion market cap by 2022
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Rank: Chief Joined: 1/3/2007 Posts: 18,361 Location: Nairobi
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Rollout wrote:Kusadikika wrote:Rollout wrote:Tesla- I bought 600 share of Tesla in 2012 paying under $25k this was in response to a number of misses including missing out on great companies like UnitedHealth Group, Facebook and Amazon during their respective earlier stages. I had several instants that I was tempted to sell but held back because I didn't want to pay tax, when stock dropped from $400s to under $200 last year, I was tempted to sell but went ahead and spent $20k to acquire additional 100 share. I believe Tesla stock will hit $2000 a share by end of 2022. Tesla is a technology company, you can't compare it with Toyota and Ford. Tesla cheapest model is $35k, New Toyota Camry/Corolla is $25k. Tesla should be able to overtime reduce the price of the cheapest model to under $30k and at that point Toyota drives will start switching. there is also a race for autonomous vehicles operating systems. Tesla is going to kill it. You will be stupid if you miss out Did you hold on to cash in on your $1.2 million?? Congratulations!! That was an unbelieavable ride. Your price was achieved 2 years earlier than you said it would. I sold my first ever tesla stock on Monday January 4th for $726/Share, I had to wait until 2021 again because I didn't want to pay tax in 2020 on the gain. After the split I was holding 3500 shares. Cashed out 1000 shares for $720k and change I spend $500k the same day to buy 20 stocks including 2 Chinese electric car companies, LI, NIO, 2 solar energy companies, top 4 oil companies( they are all undervalue), 2 airline companies, Intel, Paypal, Square among others. My tesla Holding today is worth $2.1 million. The future is solar energy, cloud computing, electric cars and platform companies. Tesla will hit $1 trillion market cap by 2022  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 5/15/2019 Posts: 687 Location: planet earth
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Rank: Veteran Joined: 12/11/2006 Posts: 930
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Rollout wrote:
I sold my first ever tesla stock on Monday January 4th for $726/Share, I had to wait until 2021 again because I didn't want to pay tax in 2020 on the gain.
After the split I was holding 3500 shares. Cashed out 1000 shares for $720k and change I spend $500k the same day to buy 20 stocks including 2 Chinese electric car companies, LI, NIO, 2 solar energy companies, top 4 oil companies( they are all undervalue), 2 airline companies, Intel, Paypal, Square among others. My tesla Holding today is worth $2.1 million.
The future is solar energy, cloud computing, electric cars and platform companies. Tesla will hit $1 trillion market cap by 2022
Damn... Wazuans are so rich. “Invest in yourself. Your career is the engine of your wealth.”
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Rank: Member Joined: 4/26/2011 Posts: 759
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You know what, I don't even believe it myself because Tesla in fact is not even half of the portfolio of 50+ stocks I have accumulated over the last 10 years. Here is how I got there: 1) Go earn money, do not depend on stock trading to make a living you will be broke. 2) Don't spend your money on useless stuff, you can't accumulate wealth by giving away your money, keep your money- Right now I don't have a car because I don't need it, plus if I had a car I'd pay $350 a month for parking, $100 for insurance and $50 a month for gasoline. That's $6000 a year equivalent to 550 GE stock today that would be worth $15k by end of 2022 after complete turnaround. 3)If you save money then you have money to invest, if you don't have money to invest all you can do is talk technical analysis and fundamental analysis in Wazua. For example when Boeing hit $100per/share last year, I didn't need any analysis to invest, less than 6 months Boeing is at $200+ on it's way to $400 by 2023 but if I didn't have the cash, I'd have been talking balance sheet etc. 3) DO NOT BUY stock in companies you DO NOT BELIEVE IN just because there is a rally, rally is a short term things focus on 10 year+ investment. 4) Invest long term. when I started investing I had projected that it would take me 7 year to hit $1 million but I needed 21% return to get there. Luck + Do not care attitude + Good Judgement worked wonders for me. 5) My portfolio with hit $100 million by 2044, that is 24 years from now, am I delusional? maybe someone might interpret so but math tells me otherwise, S&P 100 year return is about 8%, I am aggressive enough to beat S&P. 6) Don't get too attached with money and material stuff, it doesn't make anyone happier than they're already. The day I sold $720k+ of Tesla stock my wife and I was having a fight about me not cleaning after myself, it didn't matter how much we had. 7) Before you start investing work on personal relationship with money, if you have poor relationship with money, you will never accumulate wealth.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Look for ways to get out of Kenya boss, there is real money to be made out there. Hii kijana ni NYker and started making 100K USD at 26.... Rollout aka Drunkard. What airline and why? Southwest? I missed out on Tesla several times. I dont see GE turning around, but that's just me "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 5/15/2019 Posts: 687 Location: planet earth
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Rank: Veteran Joined: 11/13/2015 Posts: 1,654
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murchr wrote:Look for ways to get out of Kenya boss, there is real money to be made out there. Hii kijana ni NYker and started making 100K USD at 26.... Rollout aka Drunkard. What airline and why? Southwest? I missed out on Tesla several times. I dont see GE turning around, but that's just me Huko green section you are encouraging us to keep pursuing wheelbarrow and mikokoteni politics.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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wukan wrote:murchr wrote:Look for ways to get out of Kenya boss, there is real money to be made out there. Hii kijana ni NYker and started making 100K USD at 26.... Rollout aka Drunkard. What airline and why? Southwest? I missed out on Tesla several times. I dont see GE turning around, but that's just me Huko green section you are encouraging us to keep pursuing wheelbarrow and mikokoteni politics. I also told you the Dominican republic is issuing visas to relocate, its prudent to take the chance "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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