Will TESLA recover??
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️ Christina 1986-05-20 
— 5 years ago(March 17, 2021 02:42 AM)People who posted here earlier get attention and what is wanted if they do "drop by."
½ S/N Asian (40%+ Chinese) ½ Norwegian/Danish-Irish Swiss (Amish/PA) German French Dutch? French+Dutch Celtic-Irish English-Irish?
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Aj_goodfellow — 5 years ago(March 16, 2021 05:57 AM)
I hope you didn’t buy it when it was still expensive or after the peak. It’s hard to get a good return if the value is high to begin with. Then they just lost more than 20%. But it’s just a paper loss. You don’t get the cash until you sell anyway and I’m sure it will return to its high eventually. It just might take a while.
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rouge — 5 years ago(March 16, 2021 03:16 PM)
Not sure, I bought it on the first week of January. Also, by it, I mean I purchased the ARKK ETF which holds majority Tesla stock (thankfully didn’t invest directly in the company). Bought at $136 and now it’s $129 which translates as a $200 loss for me
I think I’ll just wait until I can break even and then try to sell then
come here -
Aj_goodfellow — 5 years ago(March 16, 2021 07:54 PM)
Lol you’re funny. You have an index fund and worry about a single stock in it? It’s an actively managed fund. The stocks are constantly bought, sold and re-shuffled by the fund manager.
If there’s a loss then they buy or sell to balance it and get a decent profit. In fact, if Tesla’s value is dropping they are more likely to buy more rather than sell.
If you plan to buy and sell quickly then why purchase a fund that’s best held over the long term? And you wouldn’t “lose” $200 unless you sold it today. ETFs are best when bought and forgotten about until actually selling after being held for many years.
Sorry I don’t mean to be critical, I’m just trying to understand your outlook and strategies. -
rouge — 5 years ago(March 16, 2021 09:35 PM)
I am, I made this but a mere two months ago:
https://www.filmboards.com/board/t/stock-talk-(im-a-beginner-so-bear-with-me)-3329990/
come here -
rouge — 5 years ago(March 16, 2021 09:30 PM)
Yes, I was pretty much told not to invest directly in a company unless I really believed in their mission. If I was interested in the sector, then MFs/ETFs were the way to go ~ ARKK seemed the most compelling given its positions, but the worry was that I came in too late. I am keeping the set it and forget it mentality but it’s also hard to ignore what’s going on right now (I actually haven’t sold anything besides crypto since I started lol).
The irony is the Fidelity MMF I put the entirety of my retirement in is doing the best of all of my other positions combined.
come here
, I've never seen you either and I've been around IMDb boards long enough that my account is only a few years away from being able to buy beer.