We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

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

1235»

Comments

  • BuildTheWall
    BuildTheWall Posts: 129 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    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.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.6K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.4K Work, Benefits & Business
  • 604.3K Mortgages, Homes & Bills
  • 178.5K Life & Family
  • 261.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.