Quick story, my brother inlaw invested in Tesla,”because he heard it was a good stock”. He called me to advice me to take advantage since it was going higher. I told him to be carefull this was a very volatile stock with an insane PE. Few days latter he told me he was up 17K, I recommended to cash out. He told me it was going higher, 5 days latter he called to inform that he lost the 17K plus another 43K for a total 60K loss. I think I don’t need to say anything more.
Reply To: My Thoughts On The MarketEmardvm2020-09-17T10:54:41-05:00