Build a Long-Term Investment Mindset to be Successful in Difficult Times | Why Invest in Tesla Now?
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I wanted to share my #investment strategy for all #stocks but especially when it comes to #TSLA. This will be very educational for many of you and I hope you learn something about how to invest in the long-term and maybe you choose to pick up some good investments on-sale over the next few months. I made a few crucial mistakes investing early on, I invested in 2 weak companies and my portfolio got hurt, listen to what I’ve learned.   #ElonMusk Biography Links: - Physical book: https://amzn.to/2U0v6ea - Ebook: https://amzn.to/33vUUSs - Audiobook: https://amzn.to/3dgu5Gj   Many people know to buy low and sell high. But I am going to offer you a different perspective. Buy as the market drops and continue to add to your position over time. If you choose a growth company, this strategy is likely to work and it is what I will be choosing to do with my money over the next 10 years. Check out my video on what an investment in TSLA could look like over the next 5 years and how my biggest fear for the stock has been taken care of if you are a Tesla investor.   Yes, my portfolio is down a lot recently, but I’m not investing for the short-term and my guess is that neither are you and as long-term investors know, the market rebounds. When this whole situation is sorted out, the pressure on the market as a whole will be alleviated.   Given the current economic situation it’s important to remember what the father of value investing, Benjamin Graham, once explained — in the short run, the market is like a voting machine -- tallying up which firms are popular and unpopular. But in the long run, the market is like a weighing machine--assessing the substance and fundamental power of a company.  So what is my investment mindset? When it comes to deciding if you want to invest in a company, I follow a 5 step process to make sure I really want to invest in that company. This process is very helpful in determining successful companies, so listen to find out. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/theteslaopportunity/message Support this podcast: https://anchor.fm/theteslaopportunity/support
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