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 -
Aj_goodfellow — 5 years ago(March 17, 2021 06:05 AM)
ETFs and other index and mutual funds are not the type you see day traders stressing out over. This would be fund manager who does all that for you so you can just buy some, relax, let somebody else do the work, hold onto it for a decade or more and then sell. ETFs are the tortoises in the race, not the hares. They are great as a reliable, steady investments that won’t see wild fluctuations like Tesla stock. If you want to do day trading or to buy and sell in a year or less then the individual riskier stocks are the way to go.
And Fidelity has really great, solid funds. The ones I have are doing better than the Vanguard funds I bought many years back. -
ZolotoyRetriever — 5 years ago(March 17, 2021 10:13 PM)
Good article about the ARK funds run by Cathie Wood:
https://www.zerohedge.com/markets/cult-cathie-wood
, 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.