Buy a Tesla everything else is shit. Others need to catch up but it's going to take a while. If you buy a Nokia phone today it's not going to work as well as an iPhone. I'm presuming the electric car you have is from a company who isn't as good.
16 karma · joined June 1, 2018
Edit: Also you can be ethical.
Sell puts, get assigned, sell calls.
Since he was a modern-day Chief he'd never actually been taught the old indian ways or their secrets, so when he looked at the sky, he just couldn't tell what the winter weather was going to be like. Nevertheless, in order not to disappoint the tribe and to be on the safe side, he told them that the winter was indeed going to be cold and that they should collect firewood and be prepared.
However, being a practical leader, after several days, he got an idea. He went to the phone booth, called the National Weather Service and asked, “Is the coming winter going to be cold?”
“It looks like this winter is going to be quite cold" they responded. So the Chief went back to his people and told them to collect even more firewood in order to be better prepared. A week later, he called the National Weather Service again, “Does it still look like it is going to be a very cold winter?”
“Yes”, replied the man at National Weather Service this time, even more certain,“it's going to be a very, very cold winter.”
So the Chief went back to his people once again and ordered them to collect every scrap of firewood they could lay their hands on.
Two weeks later, worried about the mountains of wood and the hard work the tribe was putting in collecting it, the chief called the National Weather Service just to be absolutely sure."Are you definitely sure that the winter is going to be very cold?”
“Absolutely”, the weatherman said, “It's looking more and more like it's going to be one of the coldest winters on record.”
“But how can you be so certain?” the chief asked. "Well, for a start" the weatherman replied, “the Indians are collecting a shedload of firewood.”
If you are interested, I'd let you follow my account for free, if you are willing to donate 100% of the profits it makes and pay your own fees for the required brokerages.
Edit: Let the big money tell you what the market thinks instead of your knowledge of technology. Also their books aren't going to be open.
However adding some money into the market leaders would be a wise idea IMO. I.e. TSLA and AAPL. Since you are in the ETF ($SPY) for now then you are already invested in AAPL as it's the largest portion of it so adding TSLA which is going to be $5,000 in a decade would be wise.
Play: When TSLA gets over $440, I'm grabbing weekly $450s and looking for $500 targets.
People need to realize they have a second job no matter if they like it or not which is to allocate your assets and manage your risk.
You can place it in an lazy/bogleheads portfolio if you want to reduce risk and even that is not guaranteed.
The only difference between what I said and an ETF is $TSLA will turn $100,000 into $1M in a decade but the ETF will only turn $100,000 into $400,000 in that same time frame (if the SPY continues its 10-year returns.)
This is where skill really matters.
Also if what I said was so preposterous you should have said, I will give you 10x your return if that happens and give me a 2x if it doesn't.
Seriously get in TSLA. It's going to double by March, probably earlier.
I could buy ETFs and do the boglehead/lazy portfolio but the returns are minimal compared to picking market leaders. Also you need to be making serious money for those to be valuable or live a frugal life and then spend when you are dead.
Edit: This was for about 3-years between 2015-2018 as I wanted to wrap the cars in the winter.