ashraf4531
MPA (400+ posts)
There is a lot of academic research out there that shows most stock pickers (70%-90%?) are unable to beat the s&p500 on a medium to long term basis (say 3yr or longer horizon).
So you might get lucky or might be amongst the most intelligent men in the world; but my advice to people generally is to just buy an s&p500 tracker (spider) and sit on it for medium to long term horizon.
That is incidentally also the general advice of Warren Buffet - one of the most successful stock pickers.
That said of course maybe if Tesla goes the way Apple went who knows might be an exceptional one to invest in :D
Disclaimer: I am not responsible for any losses you might incur based on my advice :D
I'm betting heavily on Tesla.
I bought 20k worth of Tesla stocks when it was $90 and now its at $200+. I already doubled what I had but i'm going to sit on it for another 4-5 years. I'll keep investing in Tesla as I feel, this is going to be next big thing.