Thread: Money ****OFFICIAL STOCK CHALLENGE & DISCUSSION THREAD****
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Old 07-23-2023, 03:08 PM   #1443
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
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Join Date: Nov 2001
Quote:
Originally Posted by lewdog View Post
Do this for us.

Look at what your return on TSLA would be today had you purchased it at the same time as this stock.

What’s TSLA’s total return in that timeframe?
Ok, well surprisingly TSLA opened at 261.50 on 6/20 and closed at 274.65 so If I'd put 10,000 in at 261.50 I'd have purchased 38 shares. Fridays close was 260.02

So I'd have actually gone from 9937 to 9880 . loss of $57

If I'd bought at 274.65 I'd have bought 36 shares for 9887.40

I'd have gone from 9887.40 to 9360.72 A loss of $526.68

As it stands going with TSLY and the huge dividend I've gone from 9991 to 10,360.47 a gain of $369.47


So, if TSLA is on an uptrend it's the better investment but in a downtrend TSLY with the huge monthly Dividend provides a better safety net. And also when TSLA is in an uptrend TSLY follows , just not as much.

Glad you asked me to do this, it's a real learning lesson. And a little surprising.
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