Thursday, January 3, 2019

AAPL is breaking my heart. So when's the right time to get in on TSLA?!

I wanted to invest in AAPL about 10 years ago when I was a young lad because I saw their products and knew they would blow up. Unfortunately, I was only able start purchasing stock about 2 years ago and my AAPL gains have, as of today, been erased, and then some. I wish I had sold AAPL at its peak a few months ago because now after reading the analysis it certainly seems like AAPL has begun plateauing. Its future growth prospects are far from great because their market is quite saturated--everyone who wants an iPhone already has one.

Despite my AAPL position being in the red, I'm still looking up because I'm youthful, have a long investment horizon, and I have personally identified TSLA as my next AAPL. They have impeccable design taste, are the leader in their field due to exceptional talent acquisition (thanks in part to their headline-grabbing, Tony Stark-resembling CEO). The market for electric cars, batteries, solar power, etc. has immense room for growth over the coming years and even decades. I do not currently have a position in TSLA but have been wanting to get in for some time now.

My question to you, dear readers, is simply, "When?" I strongly considered going long during the Christmas Eve Crash, but decided against it. And today, due to some unsavory reports, the share price has dropped again to similar levels. Does one buy in now? Or does one wait another month until they report what are likely to be negative earnings for Q4 2018, in hopes that the share price will plummet even lower than current levels.

Thank you in advance, and I hope for a spirited discussion in the comments below!



Submitted January 03, 2019 at 04:13PM by The_Muscle_Man http://bit.ly/2F4Ztdg

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