Search found 63 matches

by herbert_21
Wed Nov 18, 2020 5:22 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 222
Views: 28724

Re: I took a 10yr loan to buy TSLA shares [Austria]

On what fundamental beliefs and strategy is your ownership of Tesla stock based on? Tesla is years ahead in - manufacturing - full self driving and - has the best engineers and a team devoted to quality - is executing well - a CEO with best track record: PayPal, SpaceX, Tesla - a compelling busines...
by herbert_21
Wed Nov 18, 2020 5:10 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 222
Views: 28724

Re: I took a 10yr loan to buy TSLA shares [Austria]

It's only 15k, so it doesn't really matter what you do. A total loss wouldn't hurt that badly, and a five bagger wouldn't change your life. Although I do question why you pay such a high interest rate when cheaper options exist. Are you perhaps talking about futures? Options? Cheaper leverage? Some...
by herbert_21
Wed Nov 18, 2020 4:56 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 222
Views: 28724

Re: I took a 10yr loan to buy TSLA shares [Austria]

This is the kind of return I am looking for:

Image
by herbert_21
Wed Nov 18, 2020 4:51 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 222
Views: 28724

Re: I took a 10yr loan to buy TSLA shares [Austria]

Dear OP. What if you're wrong? Will it ruin you? How many years of your financial plan will it set you back? Do you have a plan on when to exit and what to do if your conviction falls flat? Or are you just counting on it not falling flat? No, 15k won't ruin me. To loose 15k, my TSLA shares need to ...
by herbert_21
Wed Nov 18, 2020 4:45 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 222
Views: 28724

Re: I took a 10yr loan to buy TSLA shares [Austria]

It's only 15k, so it doesn't really matter what you do. A total loss wouldn't hurt that badly, and a five bagger wouldn't change your life. Although I do question why you pay such a high interest rate when cheaper options exist. Make it 500k and I'll have a different conviction. So go to my bank an...
by herbert_21
Tue Nov 17, 2020 3:20 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 222
Views: 28724

Re: I took a 10yr loan to buy TSLA shares [Austria]

Commentators: Please post: how old are you? What was the biggest loss in investing? What would you do differently locking backwards? What does "risk" mean for you, and what would you call a big risk? This will help a lot. Short answers are okay. This helps me to understand from what perspe...
by herbert_21
Tue Nov 17, 2020 3:12 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 222
Views: 28724

Re: I took a 10yr loan to buy TSLA shares [Austria]

Thanks hightower, appreciate it.
by herbert_21
Tue Nov 17, 2020 2:51 pm
Forum: Personal Investments
Topic: I may die poor
Replies: 160
Views: 17890

Re: I may die poor

I need some help. I have been reading threads for awhile, and every time I feel I am making progress, I read some more then feel like I am really behind. Just a run down: I am 40yo - making 140k a year and live in the bay area. My rent is 2750k a month. I do own a house in NV (currently renting it ...
by herbert_21
Tue Nov 17, 2020 2:51 pm
Forum: Personal Investments
Topic: I may die poor
Replies: 160
Views: 17890

Re: I may die poor

I need some help. I have been reading threads for awhile, and every time I feel I am making progress, I read some more then feel like I am really behind. Just a run down: I am 40yo - making 140k a year and live in the bay area. My rent is 2750k a month. I do own a house in NV (currently renting it ...
by herbert_21
Tue Nov 17, 2020 2:34 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 222
Views: 28724

Re: I took a 10yr loan to buy TSLA shares

So, yes, I do have high conviction. I rather discuss the Tesla bull thesis in the appropriate thread. But, I wouldn't say it's too late. Let me answer your questions Why didn't I invest into TSLA earlier? I paid for a flat. I had no money for imvesting. In 2008, when flats where cheap I bought a 3 r...
by herbert_21
Tue Nov 17, 2020 12:58 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 222
Views: 28724

Re: I took a 10yr loan to buy TSLA shares

Hi, I am from Austria, and apart from my house which cost me 300k of which I payed 150k, those are my only holdings: MSFT, AAPL,AMZN: 30k TSLA: 28k currently 75 shares, planning to aquire another 25 shares. Both AMZN and TSLA are more than 25 percent Other stocks and ETFs: 12k Loans / Debt 150k 20yr...
by herbert_21
Tue Nov 17, 2020 10:58 am
Forum: Investing - Theory, News & General
Topic: Tesla becomes most valuable car company in the world
Replies: 386
Views: 35721

Re: Tesla becomes most valuable car company in the world

I am fascinated by Tesla. It is my old guy fantasy. I read about their full self driving beta and how they are driving down the cost of materials and installation costs of roof solar I am fascinated. I guess I am a Tesla groupie. Now I have no idea what the fundamentals are for Tesla. Frankly I dou...
by herbert_21
Tue Nov 17, 2020 10:53 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 222
Views: 28724

I took a 10yr loan to buy TSLA shares

Hi, I am 39, an IT guy, unmarried. I own a house which is 50% paid. My job is nice. I love my girl. I sold my 3-room flat in a city and bought a house in the suburb. This was the first time I had money on my bank account. I made a 50% down payment. I kept only 30k. My interest rate is now at 0.5% (E...