On a silly whim, I bought Tesla stock back in 2012 and held on for dear life. It's been a crazy ride, but now I'm a Teslanaire:I got extremely lucky. Like unicorn lucky. But never forget this:Most companies will die.They get disrupted by a competitor and/or new technology. RIM and Nokia were destroyed swiftly and mercilessly by Apple. Apple itself was almost … [Read more...] about Tesla: BOOM or Doomed?
Elon Musk
Performance Update: 2023, Q2: Evil Rainbows.
My main goal* was to build an investment and cash portfolio of $1,120,000* ($1,000,000 to retire on and $120,000 to pay off the house) in 1500 days**, starting from 1/1/2013 and ending in February of 2017. I made my goal in 2016, my 1500 Days are over, and I’ve left my job. In the interest of openness, I’ll continue to share my numbers.I'm … [Read more...] about Performance Update: 2023, Q2: Evil Rainbows.
Meme Stock Shock (Money Update)
My main goal* was to build an investment and cash portfolio of $1,120,000* ($1,000,000 to retire on and $120,000 to pay off the house) in 1500 days**, starting from 1/1/2013 and ending in February of 2017. I made my goal in 2016, my 1500 Days are over, and I’ve left my job. In the interest of openness, I’ll continue to share my numbers.Meme … [Read more...] about Meme Stock Shock (Money Update)
VTSAX Won’t Go To Zero
If you've read this blog for any length of time, you know that I talk about Tesla frequently. I got lucky purchasing the stock on a whim in 2012 for $1.93 (split-adjusted). Tesla had a tremendous run up, but the stock hasn't been doing so hot lately. The stock hit $407 back in November of 2021 and has since crashed down to $163. Oof:Tesla is an interesting company to … [Read more...] about VTSAX Won’t Go To Zero
Tesla Cyber Rodeo (Extreme Nerd Debauchery!)
Reader note: While this post is about my recent visit to Austin, it's mostly about the Tesla Cyber Rodeo. This was the party Tesla hosted to celebrate the opening of the Austin factory. I even made a YouTube video that I embedded later in the post.I bought Tesla stock in 2012 for silly reasons. I thought Elon Musk was cool and the Model S looked good. I'm no Charlie … [Read more...] about Tesla Cyber Rodeo (Extreme Nerd Debauchery!)