Stock Market- Investing

[Guisslapp]

Your entire argument is rooted in Tesla vs. Ford. Ford has struggled big time for years. Their stock was trading for $4 not too long ago and has pulled back to $17 after a recent high of $26. So, that's it, Tesla is great because they are out-performing Ford? That's like saying some college football team is great because they are better than ULM...wow! high hurdle to get over, eh!

But, looking at the financials, lowly Ford had $135 billion in revenue vs. $48 billion for Tesla, and Ford's TTM EBIT is $10.3 billion vs. Tesla's $4.8 billion. So, gawd-awful, lousy, horrible last place Ford is still besting Tesla. Wonder how Tesla compares to GM, Toyota, Honda, Hyundai, oh! and Mercedes, BMW, etc....

Nah, let's just focus on Tesla vs. Ford, LOL!

Obviously, Goosey, you are invested in Tesla stock and in the whole Tesla revolution. That's fine. Frankly, I don't care, and have no problem whatsoever with Tesla (Elon Musk) being successful. I like Musk. Have no issues with him, his companies, his vision, any of it. I don't hold any stock in his firms and probably never will. But then there are literally hundreds and hundreds of stocks I don't own.

Now, just watched a piece on Youtube of some investing firm gurus, one called Loup, and they are all singing the praises of Tesla as a company and as a stock. They LOVE Tesla stock! Okay, fine.

BUT! this whole Tesla/Elon Musk discussion is nothing but a tangent. The original point was, and still is, Warren Buffet's approach to investing makes the most sense and is something anyone can follow. Buffet, and his followers, may not "change the world" but they will get rich and enjoy the fruits of sensible investing.

Carry on Goosey and happy investing!

So Ford has twice the earnings as Tesla after a 100 year head start. Tesla makes 3 times as much as Ford on every vehicle sold, and is growing faster than Ford, so it won’t be long (a couple years) before Tesla is ahead of Ford in raw earnings as well. Profitability and growth is where Tesla is winning. The argument against Tesla stock is the valuation—Not their debt, not their earnings.

[Guisslapp]

But we could also compare Tesla to one of your other investments - T. Similar earnings (trailing), both made about 5 billion. Massive difference in debt. Massive difference in growth.

So what is your real beef with Tesla?

[DawgyNWindow]

But we could also compare Tesla to one of your other investments - T. Similar earnings (trailing), both made about 5 billion. Massive difference in debt. Massive difference in growth.

So what is your real beef with Tesla?

Who are you arguing with? Nobody has said anything about having a beef with Tesla.

I can see why you think Biden is a great president, now. You're arguing issues nobody else is arguing with a strawman of your own invention.

[dawg80]

But we could also compare Tesla to one of your other investments - T. Similar earnings (trailing), both made about 5 billion. Massive difference in debt. Massive difference in growth.

So what is your real beef with Tesla?

Who are you arguing with? Nobody has said anything about having a beef with Tesla.

I can see why you think Biden is a great president, now. You're arguing issues nobody else is arguing with a strawman of your own invention.

Yeppers! I have no beef with Tesla or Elon Musk.

As for T I have held it for so long my cost average is very low and I am holding to see what comes from the creation of the new Discovery, Inc. T will still pay a nice $4.15% dividend and many pundits think its stock price will recover to about $30 PPS. I hold 640 shares of T, that's it. I began it as one of 12 "Blue Chip" stocks decades ago and have added very little to it. I have used DRIP to grow my holding, only buying some now and then on dips. I am not particularly happy with T as an investment, but it represents such a tiny % of my portfolio and I am up significantly, so I choose to ride it a little longer.

BTW, Goosey, you mentioned you hold a "certain energy company" but never said which one. I hold positions in numerous energy companies. One of my biggest positions is Atmos (ATO). It's another one we started buying long ago, 1984 in this case, when shares were selling for $12 or so. We had it in a company-sponsored DRIP, no fees, buying directly from Atmos as a customer. All my kids and grandkids have accounts in ATO's DRIP program. ATO is a perfect example of Buffet's approach to investing, slow and steady.

I also have COP, PSX, ET, KMI, ENB, and a couple of others. Have to go look.

[DawgyNWindow]

Yeppers! I have no beef with Tesla or Elon Musk.

As for T I have held it for so long my cost average is very low and I am holding to see what comes from the creation of the new Discovery, Inc. T will still pay a nice $4.15% dividend and many pundits think its stock price will recover to about $30 PPS. I hold 640 shares of T, that's it. I began it as one of 12 "Blue Chip" stocks decades ago and have added very little to it. I have used DRIP to grow my holding, only buying some now and then on dips. I am not particularly happy with T as an investment, but it represents such a tiny % of my portfolio and I am up significantly, so I choose to ride it a little longer.

BTW, Goosey, you mentioned you hold a "certain energy company" but never said which one. I hold positions in numerous energy companies. One of my biggest positions is Atmos (ATO). It's another one we started buying long ago, 1984 in this case, when shares were selling for $12 or so. We had it in a company-sponsored DRIP, no fees, buying directly from Atmos as a customer. All my kids and grandkids have accounts in ATO's DRIP program. ATO is a perfect example of Buffet's approach to investing, slow and steady.

I also have COP, PSX, ET, KMI, ENB, and a couple of others. Have to go look.

Energy companies.

I started buying lots of energy-related stuff when the pandemic shutdown was in full force and the spot price for oil was supposedly negative. Everything was on sale as if the era of big oil was over.

I bought Shell, BP and CVX at bargain basement prices, and also purchased a bunch of energy etfs (IXC, FENY and VDE). Lately I've been liquidating some of the shares of single company stocks because I've gotten burned before (like the BP GOM oil spill) and prefer to spread out my risk. I also got rid of KMI after thinking about it a while, because one ruptured pipeline can cause them to end their generous dividend and maybe even flirt with bankruptcy. I still have exposure to them via the etf names I mentioned.

I like it when the market panics and provides us with great bargains! Just recently got rid of my last bank stock I purchased during the financial collapse (BAC). Lots of dry powder for the next panic....which is a reference to your Warren Buffett posts. Those bank stocks took forever to get going, though.

[dawg80]

I hold no bank stocks right now but have ALLY on my watch list.

I have several ETFs, and am heavy, probably too heavy, in REITs and BDCs. Love the dividends!

I am in light in KMI, just 210 shares. I try to spread the risk by holding multiple stocks in each sector, often competitors. Right now, I hold 37 different equities. Have been as high as 45. Dumped some losers in December for tax purposes. My goal is to transition to more divie aristocrats and kings. But, as we have seen, even those are not safe. I sold all my GE and am nursing T for the time being. All of this is play money for me. Like a video game, numbers on a spreadsheet. My real investments are annuities, real estate, and guaranteed retirement accounts.

Helping my daughter get started investing with her online broker's account. If she'll listen...yeah, right!...we won't repeat all the mistake I made. Instead, we'll try out some brand new mistakes .

[DawgyNWindow]

I hold no bank stocks right now but have ALLY on my watch list.

I have several ETFs, and am heavy, probably too heavy, in REITs and BDCs. Love the dividends!

I am in light in KMI, just 210 shares. I try to spread the risk by holding multiple stocks in each sector, often competitors. Right now, I hold 37 different equities. Have been as high as 45. Dumped some losers in December for tax purposes. My goal is to transition to more divie aristocrats and kings. But, as we have seen, even those are not safe. I sold all my GE and am nursing T for the time being. All of this is play money for me. Like a video game, numbers on a spreadsheet. My real investments are annuities, real estate, and guaranteed retirement accounts.

Helping my daughter get started investing with her online broker's account. If she'll listen...yeah, right!...we won't repeat all the mistake I made. Instead, we'll try out some brand new mistakes .

I'm telling my daughter and son-in-law that FOMO is their biggest enemy. Don't chase stuff into the stratosphere because it always comes back down to Earth, over and over again.

I try to not recommend specific stocks or funds to anyone because I am the Sgt Schultz of investing. I know nothing.

Interesting bit of trivia about Sgt Schultz. He was actually a Jewish-Austrian and lost lots of relatives in concentration camps during the Nazi regime. I believe he lost all his siblings. I believe the guy that played Klink was a German-born Jew, but his family left before the ugliness started.

[JuBru]

I hold no bank stocks right now but have ALLY on my watch list.

I have several ETFs, and am heavy, probably too heavy, in REITs and BDCs. Love the dividends!

I am in light in KMI, just 210 shares. I try to spread the risk by holding multiple stocks in each sector, often competitors. Right now, I hold 37 different equities. Have been as high as 45. Dumped some losers in December for tax purposes. My goal is to transition to more divie aristocrats and kings. But, as we have seen, even those are not safe. I sold all my GE and am nursing T for the time being. All of this is play money for me. Like a video game, numbers on a spreadsheet. My real investments are annuities, real estate, and guaranteed retirement accounts.

Helping my daughter get started investing with her online broker's account. If she'll listen...yeah, right!...we won't repeat all the mistake I made. Instead, we'll try out some brand new mistakes .

Should start your own podcast or something with this advice.

[FriscoDog]

I'm telling my daughter and son-in-law that FOMO is their biggest enemy. Don't chase stuff into the stratosphere because it always comes back down to Earth, over and over again.

I try to not recommend specific stocks or funds to anyone because I am the Sgt Schultz of investing. I know nothing.

Interesting bit of trivia about Sgt Schultz. He was actually a Jewish-Austrian and lost lots of relatives in concentration camps during the Nazi regime. I believe he lost all his siblings. I believe the guy that played Klink was a German-born Jew, but his family left before the ugliness started.

There is a You Tube video of the two of them singing a Christmas Carol together. It was very good.

[dawg80]

Should start your own podcast or something with this advice.

Well, except, it's not advice.

[dawg80]

Oops!

The good news, the TV reporterette said, is all these flights are unmanned. Good thing since SpaceX has been consistently crashing all its rockets. SN9 just the latest casualty of failed test launches. Yes sir, Elon Musk is changing the world. Used to be safe to travel into space, but Musk is changing that, eh!

[DawgyNWindow]

There is a You Tube video of the two of them singing a Christmas Carol together. It was very good.

Thanks for letting me know that. Just watched it...very nice.

[Guisslapp]

Oops!

The good news, the TV reporterette said, is all these flights are unmanned. Good thing since SpaceX has been consistently crashing all its rockets. SN9 just the latest casualty of failed test launches. Yes sir, Elon Musk is changing the world. Used to be safe to travel into space, but Musk is changing that, eh!

If they only posted an article each of the hundreds of times they had a successful launch and landing, you would appreciate how atypical it actually is for them.

[dawg80]

Oops!

The good news, the TV reporterette said, is all these flights are unmanned. Good thing since SpaceX has been consistently crashing all its rockets. SN9 just the latest casualty of failed test launches. Yes sir, Elon Musk is changing the world. Used to be safe to travel into space, but Musk is changing that, eh!

If they only posted an article each of the hundreds of times they had a successful launch and landing, you would appreciate how atypical it actually is for them.

Set the hook...

[JuBru]

Well, except, it's not advice.

So it was just how to setup the account and not stock strategy advice. Got it.