I don't understand half of what you just wrote, but alright! Sounds good!
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
I don't understand half of what you just wrote, but alright! Sounds good!
Causalien
Prime 8 ball Oracle
Meanwhile, the global cooling brought on by industries shutting down has resulted in one of the coldest summer in Vancouver with rain all the time. What used to be months of smog filled burning days is now sunless rain.
Could be a fluke, but the coincidence is too convenient.
Could be a fluke, but the coincidence is too convenient.
Thumper
Active Member
I would only be in favor of this if it were to suck money from people who wanted things like twin chromed over-sized exhaust tips and hood scoops.
Seriously though, Musk finds such sort of gimmicks to be tasteless and would never do it.
You do know I was just kidding don't you?
OT
Here's a Beyond Burger w/ Tikka Masala Veggies, Mom's Cilantro Chutney, and Sriracha that I've been iterating on.
Here's a Beyond Burger w/ Tikka Masala Veggies, Mom's Cilantro Chutney, and Sriracha that I've been iterating on.
It's also not a coincidence that during the Rona Lockdown, suddenly visibility in major cities was amazing. You could see for miles in every direction on the clearest days anyone had witnessed in their lifetimes. People were saying they had not seen the skies that clear in LA for 30 years.
Maybe if I dunno we stopped spewing hydrocarbons into the atmosphere from internal combustion engines, we could have cities which were nice to live and breathe in....
MTL_HABS1909
Active Member
Please done confuse local weather with global climate. Could you please cite your source for this “global cooling”. I could just as easily point to the fact that in Montreal we are already on our 3rd heat wave this summer with temperatures in the mid 30s and close to 40 with humidex and we’ve had raging wildfires in other parts of Quebec, but that’s just anecdotal....
Had the same thought, but if the drive units and packs are installed in the US (even if made in China), it probably doesn't apply.
Ford’s Run Around on Chicken Tax Riles U.S. Customs Officials
Causalien
Prime 8 ball Oracle
StealthP3D
Well-Known Member
So that's why I specified $8K in current prices (yeah, not the clearest explaination).
Over the past 5 yrs, TSLA has outperformed MSFT by 2.62x so making the assumption of continued growth by both equities at those historic rates, the overtake would occur in July 2027 (7 yrs):
While certainly possible, that's not what I was driving at. My OP / prediction was based on simple linear growth of TSLA @ $1,700 / yr and compounding burying the meager growth MSFT will achieve over that time. Very rough estimate.
While that is an interesting comparison, it looks like a serious error has crept into your calculation. My data shows that MSFT has grown faster than TSLA over the last 5 years.
TSLA has grown 331.63%
MSFT has grown 364.55% over the same period.
This is before considering the quarterly dividends that MSFT has paid every quarter of the last 20 quarters!
The returns of MSFT have solidly trounced those of TSLA over the last 5 years. Fortunately I sold the last of my MSFT in 2019 to buy more TSLA!
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Business Insider is estimating the 22nd of July for the Q2 Earnings Call.
Tesla Calendar | Markets Insider
Just kind of mapping out my obsessive compulsive itinerary. And no, it’s not a disorder, if I’m enjoying it.
Tesla Calendar | Markets Insider
Just kind of mapping out my obsessive compulsive itinerary. And no, it’s not a disorder, if I’m enjoying it.
The Martian
Member
StealthP3D
Well-Known Member
Sometimes things that seem expensive are actually cheaper! Remember, you are buying time with strikes further out and time is the canvas on which all market gains are painted on.
Testing a new line would probably be quickest in China. While I do not pretend to 'like' their government, they get things done..fast.
. Doubtful
Agreed they will not export to US. There will be enough demand there and in Asia to make it financially feasible and they do get manufacturing projects done quickly in China (vs US and Germany...opinion)
I believe that when selling on a regular basis, one should use the opposite strategy to dollar cost averaging. One should sell a fixed number of shares per period (month, week, etc) rather than a fixed dollar amount (like one does in buying). That way you get more money when the price is high and less money when the price is low. At the end of the day you will have more money and more shares than you would if you sold the same dollar amount every time. This works best (as does dollar cost averaging when buying) when the share price fluctuates a lot, like TSLA. Please correct if this is wrong.
Stretch2727
Engineer and Car Nut
I occasionally like to review the articles on the EIA site.
Nonfossil sources accounted for 20% of U.S. energy consumption in 2019 - Today in Energy - U.S. Energy Information Administration (EIA)
Renewables have passed coal for 20% of total consumption. Will be interesting to see if 2019 will be the peak for oil. Likely yes. Natural Gas continues to grow.
The data goes back to 1776! Talk about perspective.
Nonfossil sources accounted for 20% of U.S. energy consumption in 2019 - Today in Energy - U.S. Energy Information Administration (EIA)
Renewables have passed coal for 20% of total consumption. Will be interesting to see if 2019 will be the peak for oil. Likely yes. Natural Gas continues to grow.
The data goes back to 1776! Talk about perspective.
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StealthP3D
Well-Known Member
And you do know I was just kidding, don't you?
I mean, chrome exhaust tips and hood scoops on an electric car?
Roth IRA for Estate Planning - Good but not Great anymore
A little story. One month ago we were talking by Facetime to our two grandchildren, ages 8 and 5. I asked them to do a math problem. If you bought something for $119 and sold it for $900, how much money would you make. After some work, they both got the correct answers. Today, a month later, I would have to modify the question, purchase price the same, but the sales price would be $1208.
What I didn't tell them is that this money is in a Roth IRA and they are the beneficiaries. When we set the Roth (my wife also has one) we decided that the bigger one (my wife's) would be invested in plain vanilla Vanguard Index Funds, while I would speculate with mine. Since hers was quite a bit bigger (close to three times) we felt comfortable with that. We had both maximized our IRA, 401(k), 403(b), 457 contributions over our long careers, so we both had significant amounts in those accounts. We also had the good fortune of both having substantial defined benefit pensions, so the tax deferred accounts were available for our grandchildren (one born and one planned at the time). We also had some investments outside the tax deferred accounts. So we converted all of our tax deferred accounts to IRAs and then to Roths, paying the taxes from our other investments.
At the time, the Roths could grow tax free for our entire lifetimes, with no Minimum Required Distribution (RMD). Furthermore, with our grandchildren as beneficiaries, the amount inherited could continue to grow through their lifetimes tax free, with only relatively small minimum required distributions. I sunk half of my Roth balance into Tesla shares in November 2013 (of course kicking myself for not buying in March, after we got our Model S) and then the other half in 2016 ending up with not quite 2500 shares - cost price $119 and $180.
In 2017, with the tax law changes, one negative change was to eliminate the second lifetime tax free growth, so that now it is ten years after the death of the second spouse with no RMD (assuming you make your spouse the first beneficiary of your Roth). Given our current good health, we hope that at least one of us will live another 15 years, and then the Roth goes to our grandchildren where it can grow tax free without any withdrawals for another 10 years. Yesterday, 1500 of our 2457 shares hit the ten bagger level and my Roth is just shy of $3M. In perspective, my wife's Vanguard IRA which started a $1M, not quite three times my Roth, is now at $1.5M after the stock market fall this Spring.
Hopefully, our Roths will have another 25 years to grow tax free.
A little story. One month ago we were talking by Facetime to our two grandchildren, ages 8 and 5. I asked them to do a math problem. If you bought something for $119 and sold it for $900, how much money would you make. After some work, they both got the correct answers. Today, a month later, I would have to modify the question, purchase price the same, but the sales price would be $1208.
What I didn't tell them is that this money is in a Roth IRA and they are the beneficiaries. When we set the Roth (my wife also has one) we decided that the bigger one (my wife's) would be invested in plain vanilla Vanguard Index Funds, while I would speculate with mine. Since hers was quite a bit bigger (close to three times) we felt comfortable with that. We had both maximized our IRA, 401(k), 403(b), 457 contributions over our long careers, so we both had significant amounts in those accounts. We also had the good fortune of both having substantial defined benefit pensions, so the tax deferred accounts were available for our grandchildren (one born and one planned at the time). We also had some investments outside the tax deferred accounts. So we converted all of our tax deferred accounts to IRAs and then to Roths, paying the taxes from our other investments.
At the time, the Roths could grow tax free for our entire lifetimes, with no Minimum Required Distribution (RMD). Furthermore, with our grandchildren as beneficiaries, the amount inherited could continue to grow through their lifetimes tax free, with only relatively small minimum required distributions. I sunk half of my Roth balance into Tesla shares in November 2013 (of course kicking myself for not buying in March, after we got our Model S) and then the other half in 2016 ending up with not quite 2500 shares - cost price $119 and $180.
In 2017, with the tax law changes, one negative change was to eliminate the second lifetime tax free growth, so that now it is ten years after the death of the second spouse with no RMD (assuming you make your spouse the first beneficiary of your Roth). Given our current good health, we hope that at least one of us will live another 15 years, and then the Roth goes to our grandchildren where it can grow tax free without any withdrawals for another 10 years. Yesterday, 1500 of our 2457 shares hit the ten bagger level and my Roth is just shy of $3M. In perspective, my wife's Vanguard IRA which started a $1M, not quite three times my Roth, is now at $1.5M after the stock market fall this Spring.
Hopefully, our Roths will have another 25 years to grow tax free.
StealthP3D
Well-Known Member
That's great news. But let's not ignore the downside to this news:
That means I can no longer in good conscience boast to petrol-heads that my EV runs on clean American coal!
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