Go back to post #62 Ziemowjohnny reb = I sold my Tesla after a modest gain.
(I had DT in between also.)
I since re - invested that money into 200 shares of Apple (AAPL) back in the first part of April 2020 at $240 a share.
Since then Apple had a four way split which made my 200 shares 800 shares worth $60 a share at my buying price.
On September 3rd 2020 Apple hit $121 per share so I had doubled my money and sold half of my 800 shares.
I now own 400 shares of Apple stock free and clear in my portfolio.
I am looking to invest maybe in Wal-mart if it corrects to $121 per share as it is currently over priced at $137 per share just like Tesla and Apple are over priced right now..
Wal-mart was at $147 before the correction so the people buying stocks in August had more money than brains.
Did you detect any signs of an approaching slump in Tesla shares beforehand?
It wasn't just Tesla Ziemowit, most stocks are over priced right now with the market hitting all time highs again and again this last summer.
A correction right now is no big surprise to anyone.
See above for my remarks on the monetary policies of the Federal Reserve.
Exactly, keeping your money in any kind of savings accounts in a bank is throwing your money away.
The cost of living is 4% in the U.S so if I am not making at least 4% on my money I am losing money.
Most saving accounts don't even pay 1% or like you said, they pay a negative rate.
MOR or Money On Return is the bottom line when you invest and a banks savings accounts are a negative investment.