Tesla in the news...

[kork13]

No, that's not normal. Teslas don't have an exhaust pipe as configured from the factory.

I was thinking that the person probably swapped the badges from a Tesla onto whatever car they were actually driving. Pretty common in some circles.

[QuarterMillionMan]

Bought some Tesla today.

[QuarterMillionMan]

Sold my Tesla shares 7 days after buying it for a $935 profit realized gain.

[LivingAlmostLarge]

why did you sell it so quickly

[QuarterMillionMan]

Good question LAL. I don't know how people can buy & hold for so long. For me when I realize a $1000 gain, I take end up taking it.

[LivingAlmostLarge]

Good question LAL. I don't know how people can buy & hold for so long. For me when I realize a $1000 gain, I take end up taking it.

because buying and holding is the easier thing. you don't have to watch and worry.

[disneysteve]

Good question LAL. I don't know how people can buy & hold for so long. For me when I realize a $1000 gain, I take end up taking it.

Do you do the same thing with your gold and silver and crypto?

buy and hold is a time proven road to wealth. Jumping in and out is not. Plus instead of paying tax on a long term capital gain you’re stuck paying more on a short term gain.

[LivingAlmostLarge]

Good question LAL. I don't know how people can buy & hold for so long. For me when I realize a $1000 gain, I take end up taking it.

Also I realized that laziness does play a role. Sometimes you just put the money in and a year later you've looked. But that's likely not something that if you do individual stocks you should do. It's mostly for ETFs/Mutual Funds. I have had very long stretches where i've literally done nothing with our investments.

[kork13]

I have had very long stretches where i've literally done nothing with our investments.

This is my default setting with investments (MFs or ETFs or stocks) .... With very limited exception, I've only ever bought investments with the intention of keeping them for years on end, so I mostly just ignore what they're doing. Money disappears from checking into the investments, and maybe a couple times a year I'll look in at it. Sure, with the benefit of hindsight I can see that I've missed out on opportunities .... but this way is far simpler & in the moment, I'd probably almost never get it right if I tried to actively manage buy/sell/hold in our portfolio.

[QuarterMillionMan]

Do you do the same thing with your gold and silver and crypto?

buy and hold is a time proven road to wealth. Jumping in and out is not. Plus instead of paying tax on a long term capital gain you’re stuck paying more on a short term gain.

Physical gold/silver buy & hold. Paper silver/gold is easier to buy/sell. Cryptos buy/hold/sell which is easy to sell.

[QuarterMillionMan]

In February, I took some profits off of TSLA. Today before the close I bought more TSLA shares (on sale).

[QuarterMillionMan]

Sold my Tesla shares 7 days after buying it for a $935 profit realized gain.

All the TSLA profits that I took when I posted this in Feb 2024 is now gone in unrealized gains w/TSLA's stock price at $149 today. You win some and you lose some.

[QuarterMillionMan]

I wish that I held on to my TSLA which today closed at $246.

[james.hendrickson]

i sold mine - was tired at looking at the losses in my account.

[ua_guy]

EV's had a heck of a Q2, which is a stark contrast to certain headlines and political points of view that EV's are dead. Simply isn't true, sales continue to grow and best previous numbers for multiple automakers. Tesla rallied hard closing up 10.2% on Monday after announcing it had beat analysts expectations. Tesla had a good showing but they're still down. There's a lot more nuance in the market...a lot more choice. People who are EV-curious but didn't want to buy a car from Space Karen are showing up at other automakers and spending money.