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Is Tesla a better investment now it has $1.5B (+20%) in Bitcoin?

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  • BuildTheWall
    BuildTheWall Posts: 112 Forumite
    Fourth Anniversary 10 Posts
    doe808 said:
    doe808 said:
    doe808 said:
    MDMD said:
    Prism said:
    Yes Baillie Gifford roughly halved their holdings in Tesla a couple of months ago.
    Hasn’t stopped the SMT share price falling off a cliff!
    for us long term holders, they built their own mountain, so a small decent doesnt matter too much in the big picture. 
    Only 27% fall so far off peak share price so far. It's only money so who cares. 
    And the odds are it will fall further. but at 5% of my portfolio, and not being a person who can time the market, I can live with this. Back in the day we were down circa 60% off highs at one point. 

    An active fund isn't tracking the market though.  You would need to hold a passive investment of some kind to achieve that.  
    80% of my holdings are in Vanguard 80:20, which I thought was reasonable. The rest are in smaller satellite funds. Happy to be advised if this seen as inapproptate these days as a strategy (late 30's, no dependents, overpaying mortgage and into pension)
    Is that your ISA? Depends on the time horizon you are looking to withdraw. If u don’t need the funds for 10+ years, 100% equities is recommended. If it’s pension, all equities recommended until 10 years before your retirement. 
  • Highly unlikely that the most heavily traded stock in the world should be excluded from any index (S&P500 and Nasdaq here) but the sheer volume in Tesla is disconcerting for the whole market, at least to me.  Yesterday $46 billion of stock was traded. To put that is perspective, a year ago, Tesla was valued at c $100 billion.
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