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Business, Economics, and Taxes: Eat Cereal for Dinner

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  • Kepler
    replied
    Places to burn to the ground: a checklist.

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  • dxmnkd316
    replied
    The only improvement on VTSAX or FSKAX for me is the diversification into the three-fund portfolio. Total stock, total bond, total international. For me, it's all about the ratios.

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  • Proud2baLaker
    replied
    VFIAX for me. Among a few others.

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  • Kepler
    replied
    Originally posted by dxmnkd316 View Post
    You are significantly better off putting that money in FXAIX or VTSAX and getting a 90% chance at 7% annual return every year
    FSKAX here. Because all of us are smarter than one of us, particularly when the one of us is I.

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  • Kepler
    replied
    Originally posted by dxmnkd316 View Post

    The problem is with defining "bottom" for that company. When the market cap reaches tangible assets? A P/E in line with the big three? Some mystery valuation based on AI potential? Chapter 11? Chapter 13?

    You can't know where bottom is.
    Same as Twitter. Bottom is when Musk sells it.

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  • Handyman
    replied
    Originally posted by dxmnkd316 View Post

    The problem is with defining "bottom" for that company. When the market cap reaches tangible assets? A P/E in line with the big three? Some mystery valuation based on AI potential? Chapter 11? Chapter 13?

    You can't know where bottom is.
    Yeah...maybe wait until sale rumors petcolate. But that could be years.

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  • dxmnkd316
    replied
    Originally posted by Handyman View Post
    If Tesla bottoms out I could see picking some up cause there is little risk then...but honestly that could take a while and then you pray Elmo is forced to sell. (He won't be)

    You would have been better off buying Trump stock...that pump and dump could have made you bank if you timed it right.
    The problem is with defining "bottom" for that company. When the market cap reaches tangible assets? A P/E in line with the big three? Some mystery valuation based on AI potential? Chapter 11? Chapter 13?

    You can't know where bottom is.

    Leave a comment:


  • Handyman
    replied
    If Tesla bottoms out I could see picking some up cause there is little risk then...but honestly that could take a while and then you pray Elmo is forced to sell. (He won't be)

    You would have been better off buying Trump stock...that pump and dump could have made you bank if you timed it right.

    Leave a comment:


  • TalonsUpPuckDown
    replied
    Originally posted by dxmnkd316 View Post
    You are significantly better off putting that money in FXAIX or VTSAX and getting a 90% chance at 7% annual return every year than a 50:50 shot at half or doubling assuming you time it right.
    LOL. I own both of those ;-)

    Edit: In different accounts from different broker folks.

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  • dxmnkd316
    replied
    Originally posted by RaceBoarder View Post
    It's gonna be something when Tesla experiences their Phoenix moment at some point down the road.

    It almost makes me wonder if it's worth buying in a small amount here as things crater out. I admit that I'm not a business person and didn't stay at a Holiday Inn Express last night, but doesn't all this pivot in a positive direction once the Clown Price steps away? (And yes, I realize there is probably a solid chance that never happens, but I have to figure that there is some hostility among the people towards the top that Elon is just sh*tting all over their life's work/top achievements).
    Stay as far away from Tesla (short or long) as you can. It's a stock that doesn't behave like one because it's a stock in name only. You are significantly better off putting that money in FXAIX or VTSAX and getting a 90% chance at 7% annual return every year than a 50:50 shot at half or doubling assuming you time it right.

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  • FadeToBlack&Gold
    replied
    Right now, Elmo is likely busy working with his lawyers to figure out how he can re-define the job duties of all of his senior engineers to include "policy-making", or whatever fits the exemption for senior execs in the new NCA rule.

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  • RaceBoarder
    replied
    It's gonna be something when Tesla experiences their Phoenix moment at some point down the road.

    It almost makes me wonder if it's worth buying in a small amount here as things crater out. I admit that I'm not a business person and didn't stay at a Holiday Inn Express last night, but doesn't all this pivot in a positive direction once the Clown Price steps away? (And yes, I realize there is probably a solid chance that never happens, but I have to figure that there is some hostility among the people towards the top that Elon is just sh*tting all over their life's work/top achievements).

    Leave a comment:


  • Kepler
    replied
    Originally posted by LynahFan View Post
    Well, I just lost a bet for a bottle of scotch. Tesla’s P/E all the way down to 33, just like all the other normal, healthy, well-run companies.

    Who could have guessed?
    That must have been a delightful earnings call.

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  • LynahFan
    replied
    Well, I just lost a bet for a bottle of scotch. Tesla’s P/E all the way down to 33, just like all the other normal, healthy, well-run companies.

    Who could have guessed?

    Leave a comment:


  • Jimjamesak
    replied
    Originally posted by Kepler View Post
    Break The Chains!

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