Stock market

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  • Posts: 6,964
    ^ I have no value to add in the way of buying Tesla stock, but if we can't discuss individual stocks in the "stock market" thread, I don't know what we can discuss.  LOL 
  • Posts: 30,879
    gvn2fly1421 said:
    I've wanted to buy TSLA for a while now and never have.  Any thoughts on it after earnings yesterday and seeing the price action today?

    I realize this thread is titled "Stock Market" so if individual stock talk is not allowed, please disregard. 
    The risk with TSLA is that they have invested so much in crypto currency, their earnings and future is inextricably tied to that future.  Maybe I'm just old school, but I have not invested in cryptos and have no interest.  Their is nothing backing the currency, fundamentally, just faith.  
  • Posts: 6,964
    mrussel1 said:
    show previous quotes
    The risk with TSLA is that they have invested so much in crypto currency, their earnings and future is inextricably tied to that future.  Maybe I'm just old school, but I have not invested in cryptos and have no interest.  Their is nothing backing the currency, fundamentally, just faith.  

    I haven't either.  Not $1.  I have some buddies that give me shit for it.  Maybe I'll end up missing on this one, but I'm fine taking the "slow and steady wins the race" approach.
  • broken down chevrolet Posts: 2,556
    bbiggs said:
    ^ I have no value to add in the way of buying Tesla stock, but if we can't discuss individual stocks in the "stock market" thread, I don't know what we can discuss.  LOL 

    Will somebody tell me individual stocks to buy......please?
    The worst of times..they don't phase me,
    even if I look and act really crazy.
  • Posts: 41,359
    Malroth said:
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    Will somebody tell me individual stocks to buy......please?
    Buy Blue Chip and diversify.
  • Posts: 30,879
    tempo_n_groove said:
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    Buy Blue Chip and diversify.
    Agreed.  Pick the leaders in different segments. 
  • Deep South Philly Posts: 17,528
    The only lesson I learned from crypto is: sometimes don't worry about the fundamentals, and just know when to get in and ride the next tulip boom.

    But, yes, agreed, cryptos are trash.
  • Posts: 44,380
    how about vinyl. is vinyl a good investment?
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • Posts: 10,895

    mickeyrat said:
    how about vinyl. is vinyl a good investment?
    If you find personal value in collecting and/or listening to the music.

    I'm not sure about the monetary value.  I'll always remember the sports card boom of the early 90s.. lol.  How many of us have card collection worth diddly squat :)
  • Deep South Philly Posts: 17,528
    Haha, apparently cards are worth money again! Definitely not the cards from the 90's, but still.
  • Posts: 41,359
    Zod said:

    mickeyrat said:
    how about vinyl. is vinyl a good investment?
    If you find personal value in collecting and/or listening to the music.

    I'm not sure about the monetary value.  I'll always remember the sports card boom of the early 90s.. lol.  How many of us have card collection worth diddly squat :)
    I'll pay to ship all your cards to me.
  • Posts: 30,879
    tempo_n_groove said:
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    I'll pay to ship all your cards to me.
    I found the original Star Wars sets, all four colors unopened in my attic the other day.  I pitched them though. 
  • Posts: 41,359
    mrussel1 said:
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    I found the original Star Wars sets, all four colors unopened in my attic the other day.  I pitched them though. 
    That pains me.  Never speak of this again.
  • Posts: 30,879
    tempo_n_groove said:
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    That pains me.  Never speak of this again.
    Don't worry, I pulled out the gum and ate it first. 
  • Posts: 41,359
    mrussel1 said:
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    Don't worry, I pulled out the gum and ate it first. 
    I've done that and do not recommend it, lol.
  • Posts: 935
    mrussel1 said:
    show previous quotes
    The risk with TSLA is that they have invested so much in crypto currency, their earnings and future is inextricably tied to that future.  Maybe I'm just old school, but I have not invested in cryptos and have no interest.  Their is nothing backing the currency, fundamentally, just faith.  
    So I ended up buying TSLA the other day.  I 100% agree on the bitcoin thing.  Never understood it, never wanted too.  Oddly enough I am a member on an SEC football board and knew about bitcoin a long time ago cause some guy talked about it non-stop.  Said it was "protected by the laws of the universe".  I could have bought it way less than $100 a coin.  Oops.

    Anyways, back to TSLA, I am not a guy for reading balance sheets and what not, I am more of a seeing is believing.  And I am seeing damn near a different TSLA every day in my mid-sized town.  Will hold long term.
  • Posts: 935
    Anyone have any opinion on the infrastructure for the EV market and how to capitalize on that?  BLNK or CHPT?  My only fear with charging stations is they are solely for travel, but I guess if enough vehicles are on the road the demand will be there?  Any other companies out there who would stand to gain from the EV market?
  • St. Paul, MN Posts: 2,529
    edited August 2021
    gvn2fly1421 said:
    Anyone have any opinion on the infrastructure for the EV market and how to capitalize on that?  BLNK or CHPT?  My only fear with charging stations is they are solely for travel, but I guess if enough vehicles are on the road the demand will be there?  Any other companies out there who would stand to gain from the EV market?
    Look into LIT. It’s an ETF focusing on lithium battery manufacturing and related technologies.

    Otherwise, I’d avoid investing in any of the start up EVs. May want to invest in GM or Ford. Theyre both all in on moving ahead with EVs. They have the capacity and scale to push the market. 
  • Posts: 935
    jerparker20 said:
    show previous quotes
    Look into LIT. It’s an ETF focusing on lithium battery manufacturing and related technologies.

    Otherwise, I’d avoid investing in any of the start up EVs. May want to invest in GM or Ford. Theyre both all in on moving ahead with EVs. They have the capacity and scale to push the market. 
    Thanks for replying!  I will look into it.
  • Posts: 9,218
    Jeez 

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