The truly amazing part of the story is to be able to hold and not sell. A bit after TSLA came public, I took a flyer on 400 shares bought at $35 (this is before splits). Unfortunately, I listened to the "experts" that said electric cars were a fad, and Fisker (the first time around) had gone bankrupt and Tesla would soon also.
I was happy to sell for a small gain eventually and somehow never had the "balls" to get back in. I have stopped calculating how much it would have been worth if I still holding lest I get the urge to puke. But realize, the lion's share of the huge outsized gains for Tesla only occurred since mid 2020 ($300 to $4200 approximately post split as of mid-january, 2021). So if investing is a long game, then only time will tell where the price is in let's say another 10 years from now? I am looking for the next Tesla, and this time I hope to hold at least a 100 shares.
The truly amazing part of the story is to be able to hold and not sell. A bit after TSLA came public, I took a flyer on 400 shares bought at $35 (this is before splits). Unfortunately, I listened to the "experts" that said electric cars were a fad, and Fisker (the first time around) had gone bankrupt and Tesla would soon also.
I was happy to sell for a small gain eventually and somehow never had the "balls" to get back in. I have stopped calculating how much it would have been worth if I still holding lest I get the urge to puke. But realize, the lion's share of the huge outsized gains for Tesla only occurred since mid 2020 ($300 to $4200 approximately post split as of mid-january, 2021). So if investing is a long game, then only time will tell where the price is in let's say another 10 years from now? I am looking for the next Tesla, and this time I hope to hold at least a 100 shares.
Best story