Search found 68 matches

by herbert_21
Tue Apr 13, 2021 7:33 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Very happy to see TSLA above 700$ again. Bullish.
by herbert_21
Sat Mar 27, 2021 1:31 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Bought 25 shares at about 605$ (515€)
by herbert_21
Thu Mar 25, 2021 9:13 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Still holding, 133 shares, no plans to sell.
by herbert_21
Mon Mar 15, 2021 10:13 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Thanks for the advice. Let's hope that TSLA doesn't become Microsoft in 1999, Cisco or Allianz: If you absolutely must add some "spice" to your portfolio, have a look at SSO or QLD, both 2x leveraged funds, or maybe a blend of the two. I won't go so far as to say you get free leverage, but...
by herbert_21
Mon Mar 15, 2021 10:02 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Yeah, would be interesting to hear whether the recent 'dip' changed OPs view of Tesla prospects as a long term investment? No. 129 shares. Diamond hands ;-) Actually, I have to admit it was at times a bit painful. We're talking about roughly 25.000 € of stock portfolio value. However, I managed to ...
by herbert_21
Wed Mar 03, 2021 4:00 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

I'm fine, still holding 117 TSLA shares.
I had a look at the MSCI World Momentum Index and learned that I own the top 4 positions ;-)

I haven't repaid anything of the loan early - that would mean selling TSLA shares, and that's not my plan.
by herbert_21
Sun Feb 07, 2021 6:04 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Positions 41 x ARKK Ark Innovation ETF (~5k) 7 x Amazon 77 x Microsoft 114 x Tesla 100 x Apple ~125k (all numbers in €) Sold all other stocks. Current Portfolio Gains about 40k Current leverage Refinanced 40k / 2.8% with a 10yr consumer loan. Flatex -11k @ 4.9% Taking out the consumer loan decrease...
by herbert_21
Wed Feb 03, 2021 7:03 pm
Forum: Non-US Investing
Topic: can't figure out my asset allocation (what is my need to take risk?)
Replies: 15
Views: 2104

Re: can't figure out my asset allocation (what is my need to take risk?)

Others will hate me for this comment, but why not just buy 5 Tesla shares and some Bitcoin? The latter could go up dramatically in value in difference, and the former is a.great way to accumulate some capital gains.
by herbert_21
Wed Jan 20, 2021 11:10 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

And if there is one reason of all why I would never sell a growth stock it's the high P/E. This metric means absolutely nothing, and has zero predection power for future returns. The same with the words to describe.the market as a bubble, overvaluation, Shiller P/E. We might see a correction any tim...
by herbert_21
Wed Jan 20, 2021 10:59 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Hello, No, I didn't sell yet. In this particular thread, it seems like the OP is looking to utilize stock trading in the short term to increase his cash available for long term investing That's correct. Basically because so far I have only invested into the stock market for a short period (20 months...
by herbert_21
Wed Jan 13, 2021 8:07 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

OP: To answer your question, are you speculating or are you investing? I believe you could look up those definitions and quite quickly and accurately decide for yourself. So you are posting this question for other than a direct answer to your question, but I'll humor you. My answer: It doesn't matt...
by herbert_21
Fri Dec 11, 2020 7:18 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

My banker called me on Monday. It won't be possible to refinance my debt with a loan against the house, as the Austrian law does not allow this. So I'll slowly pay off my debt within the next 2 years. Meanwhile, my 80 Tesla shares are up 50% and price targets keep coming in. Pierre Ferragu recommend...
by herbert_21
Tue Dec 01, 2020 4:32 pm
Forum: Personal Investments
Topic: 1258% YTD
Replies: 89
Views: 11005

Re: 1258% YTD

While we're on the topic: All-In meme stocks

WSB Meme stocks overview 12/1
https://www.reddit.com/r/wallstreetbets ... rview_121/
by herbert_21
Tue Dec 01, 2020 4:02 pm
Forum: Personal Investments
Topic: 1258% YTD
Replies: 89
Views: 11005

Re: 1258% YTD

I have been a very loyal index fund investor since January 2020. I strongly agree with Bogleheads philosophy and have been praising it to everyone. However, lately I been getting too many temptations looking at individual stocks ..nonstop. I can't help myself but look at these crazy returns of 2020...
by herbert_21
Sun Nov 29, 2020 1:04 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

https://www.akrecapital.com/the-art-of-not-selling/ Holding on means resisting the temptations to sell — and there are many. We tune out politics and macroeconomics. To the surprise of many, neither valuation nor price targets play a role in our sell decisions. To be clear, there may be times when w...
by herbert_21
Sun Nov 29, 2020 12:56 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Hi Herbert, I found an interesting video where Tesla (and other companies in the EV space) are being compared to the Bicycle index: https://youtu.be/HeWLcsgBpgM Edit: and just by coincidence Ben Felix did a relevant video as well https://youtu.be/UZnVt_CvL3k Hi, I saw both videos. Pensioncraft is v...
by herbert_21
Sun Nov 29, 2020 12:47 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

I made a small fortune by investing in NIO. Diversification works for most people because they don’t have the stomach for volatility. @ the end of the day the only thing that matters is whether you got it right or wrong. It is like going to Vegas and putting everything on red. It wasn’t easy for me...
by herbert_21
Sun Nov 29, 2020 12:45 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

OP: To answer your question, are you speculating or are you investing? I believe you could look up those definitions and quite quickly and accurately decide for yourself. So you are posting this question for other than a direct answer to your question, but I'll humor you. My answer: It doesn't matt...
by herbert_21
Fri Nov 27, 2020 12:12 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

It would be very interesting to see TESLA performance when interest rates go back to normal. I think in-directly you are betting on interest rates staying down OP by buying growth stocks like this as high P/E multiples like 50 equals to 2% earnings yield which is good compared to negative yielding ...
by herbert_21
Fri Nov 27, 2020 9:13 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Email to the bank is out. Let's see what they say. P.S. I LOVE Asworth Damodaran, the dean of valuation. But he sold his Tesla shares way too early. Here is a blog entry including a video on his Tesla investment: http://aswathdamodaran.blogspot.com/2020/01/an-ode-to-luck-revisiting-my-tesla.html and...
by herbert_21
Fri Nov 27, 2020 8:21 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Total portfolio gains: 20k
Out of which Tesla is: 11k
by herbert_21
Fri Nov 27, 2020 8:19 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Hi all, First, I read all your comments. Thanks for your suggestions, comments. Second, I think finally this thread makes some sense: Am I taking individial company risk (which is in Markowitz sense "uncompensated" risk)? Yes Is this risk even higher since I am using loans? Yes Is this an ...
by herbert_21
Mon Nov 23, 2020 10:37 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Let's evaluate my decision on 21/12/2020
by herbert_21
Sun Nov 22, 2020 2:30 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Lets have a plain view on your opinion of Tesla. TSLA is currently 5times smaller than Saudi Aramco, biggest company market cap wise. If you are looking on continuing 30% return p.a. over the next decade, you are just saying, that Tesla will be 13,7 larger what it is now, despite the fact, that the...
by herbert_21
Sun Nov 22, 2020 1:47 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

I don't understand the point of the original post. You come on Bogleheads, of all places, and then discuss your strategy to borrow money to purchase a single stock. Then when people say your move is foolish, you get upset. The small minority that says "do what you want", you thank them. I...
by herbert_21
Fri Nov 20, 2020 5:33 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Friendly advice to the OP: if you haven't already, spend some quality time reading through the entirety of the Bogleheads wiki, and maybe a Bogleheads book (if you haven't already). Both of those resources will present strong evidence that stock picking is not a good idea. @happyisland Just wanted ...
by herbert_21
Fri Nov 20, 2020 5:13 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

I can never tell if these threads are trolling or not. Speculation and leverage. The more of this I see the more I think it’s some sort of top. If govt sends out more trucks of money maybe we can pump it further. OP, have you seen wallstreetbets? You can speed up your gamble with options. Thanks. Y...
by herbert_21
Fri Nov 20, 2020 3:32 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Only numbers until 2025 make sense, the other's don't.
I forgot to add that comment. A small percentage makes a huge difference.

Point of argument was made. I believe the valuation is much less ridiculuos than a lot of people still believe.
by herbert_21
Fri Nov 20, 2020 2:39 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

While it's possibly unbearable for the bears, here are the numbers using 55 and 60% growth. Let's revisit the numbers when Tesla has sold 1mn vehicles in 1 year and calculate the growth rate then.

Image
by herbert_21
Fri Nov 20, 2020 2:23 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

So you can read the table in any way you like. Possibly your argument is "based on 2020, the market cap is 20xSales which is simply too high". Well, go into the table, and look what 1mn vehicle would mean with a 10xSales in 2022 would mean. Hint: That's exactly today's market cap. Yes, the...
by herbert_21
Fri Nov 20, 2020 2:19 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Hi, I'v read Larry Swedroe's book on factor investing. He's cool. Someone had a question. Let me rephrase the question. Tesla went 5x since he sold it. Is this a reason to sell or to buy? Well, I am not a stock analyst. If you would ask me for a professional reliable stock analyst, I'd suggest to fo...
by herbert_21
Thu Nov 19, 2020 5:49 am
Forum: Investing - Theory, News & General
Topic: Tesla becomes most valuable car company in the world
Replies: 396
Views: 37239

Re: Tesla becomes most valuable car company in the world

Guys, we are all not analysts. Maybe we should just listen to Morgan Stanley, who did a 67-pager analysis. Here are some key arguments why they updated their base case to $540 Overweight. Remember, they also have a base case >$1000. Morgan Stanley said it sees a budding opportunity in Tesla's high-m...
by herbert_21
Wed Nov 18, 2020 6:43 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

the FANG stocks
A new abbreviation has been born:

FATMAN
Facebook, Alphabet, Microsoft, Tesla, Apple, Nvidia
by herbert_21
Wed Nov 18, 2020 6:40 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

degiro also has a Austrian branch, and offers margin loans at 1.25% (but you have to do taxes yourself - which seems to be a well-paid job for this difference in interest). On the other hand, your consumer loan is not callable - the margin loan is. Is this a reliable broker? If there is high volati...
by herbert_21
Wed Nov 18, 2020 6:29 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Questions I would like to have been asked but haven't been asked here yet - How much time did you invest in due diligence? - Do you know John Bogle? Did you listen to his critique on ETFs and know why he was in favor of index funds? - Why did the comittee not include Tesla earlier, even after 5 pro...
by herbert_21
Wed Nov 18, 2020 4:33 pm
Forum: Investing - Theory, News & General
Topic: Tesla becomes most valuable car company in the world
Replies: 396
Views: 37239

Re: Tesla becomes most valuable car company in the world

@GT99 You are getting so many things wrong that I don't know where to start. The only thing that you get right is 3,5mn in 2025. So, with 46% growth and 50% growth, starting with 500k this year you get to that number. Note: Tesla's historic growth rate is over 60% / year. You can check historic QoQ ...
by herbert_21
Wed Nov 18, 2020 12:44 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

I have no comment on how you want to spend your money. Good luck by the way!!! I will write a few.lines and I hope you don't find them offensive. You write that you started investing in your 20s. Congrats on that, well done, seriously. You write that you bought in iPhone 12. I bought the shares. Yo...
by herbert_21
Wed Nov 18, 2020 12:38 pm
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

ARK Invest was a big TSLA bull from the beginning. They continue to hold Tesla, with 10% of ARKK's Portfolio. If ARK Invest buys a company's share, the expect 15% or more. I hope this answers your question. My 75 shares are up 5k in total. This is more than interest and taxes for 10 years, even with...
by herbert_21
Wed Nov 18, 2020 11:14 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

BeBH65 I believe you are adhering to the efficient market hypothesis "All expections of future growth is priced into the stock price" Let's look into this chart: https://ycharts.com/companies/TSLA/ps_ratio Does this look like TSLA is efficiently and fairly priced ? What has changed so that...
by herbert_21
Wed Nov 18, 2020 10:21 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Here is my suggestion and wishes for this thread: >>if you want to discuss on my personal asset allocation Yes, please. Have a look at my suggestion with ETFs Discuss Tesla here: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=319059&p=5605703#p5605703 Portfolio striptease Tesla 75 Ama...
by herbert_21
Wed Nov 18, 2020 9:33 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Game plan I do own 75 TSLA shares, and as I said, my plan is to own 100. Basically, it's a ten year bet. Yes, that's 2030. a) if stock price goes down 20%, I buy another 25 more. b) if stock price goes down more, I will hold it until 2030 and sell with a loss, or wait until it recovers. c) if stock...
by herbert_21
Wed Nov 18, 2020 9:29 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Kingswood noted that being in IT and investing in IT is a risk and no diversification at all: This argument is true. But, my opinion is: There is no such thing as a "tech bubble". Any company that does not succeed in digitalization is already a zombie company anyways. A few examples. MCD i...
by herbert_21
Wed Nov 18, 2020 9:15 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Guys,

I see both your arguments regarding diversification, overconfidence. I'll need some time to contemplate on it.

Give me some time.
by herbert_21
Wed Nov 18, 2020 9:12 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Uff Misha, that hurt ;-) But I wrote that I am willing to hear opinions. Okay, one question for @Kingswood : Will disruptive innovation generate an alpha in the future? How do you pick "future FAANG" stocks? Do you understand that I would not have in Tesla when it was at the edge of going ...
by herbert_21
Wed Nov 18, 2020 8:48 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

And Mister, your wake up call will hurt badly. You absolutely ignored any risk diversification Are you sure? 150k in equity in the house. A good job with about 20 to 25 years of income. A paid car. No kids. Not a frugal life style, but still saving some 25-50% of my income. Some 70k in stocks with ...
by herbert_21
Wed Nov 18, 2020 8:38 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Other than risks, there are a few reasons why I invest in Tesla: Morgan Stanley just updated their price target to Buy literally one day after index inclusion. Gary Black / Twitter: Jonas’ $TSLA upgrade one day after S&P’s TSLA inclusion is no coincidence. Jonas has always managed his MS researc...
by herbert_21
Wed Nov 18, 2020 7:34 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 232
Views: 34074

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

Thanks Valuethinker and Anon9001, appreciate it!
by herbert_21
Wed Nov 18, 2020 6:48 am
Forum: Investing - Theory, News & General
Topic: Tesla becomes most valuable car company in the world
Replies: 396
Views: 37239

Re: Tesla becomes most valuable car company in the world

Click on this link to see Tesla Unit Vehicle Sales Table: https://upload.wikimedia.org/wikipedia/commons/3/3b/2020.04.02_Chart_of_Sales.jpg Sales QoQ YoY Q1 2013 5000+ Q2 2013 N/A Q3 2013 N/A Q4 2013 6587 Q1 2014 7535 14,39% Q2 2014 8763 16,30% Q3 2014 7075 -19,26% Q4 2014 11627 64,34% 76,51% Q1 201...
by herbert_21
Wed Nov 18, 2020 6:27 am
Forum: Investing - Theory, News & General
Topic: Tesla becomes most valuable car company in the world
Replies: 396
Views: 37239

Re: Tesla becomes most valuable car company in the world

48% of 40000 is much easier than 48% of 139300 Q4 2020 sales will either be 181k and reach 500k yearly vehicles. Looking at October sales in China, probably more. You can do the math on your own. Q1 2020 88,400 Q2 2020 90,650 Q3 2020 139,300 Q4 2020 TBD Some people believe Tesla will stop to grow a...
by herbert_21
Wed Nov 18, 2020 6:24 am
Forum: Investing - Theory, News & General
Topic: Tesla becomes most valuable car company in the world
Replies: 396
Views: 37239

Re: Tesla becomes most valuable car company in the world

What does it mean if you make 20% profit while building a new factory? You can build another factory while making 20% profit. Rinse and repeat. What if EVs won't cost $45.000 but $40.000? What about $25.000? What if Tesla really achieves their long term goal of selling 20mn cars ? You are quoting a ...