Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 05-31-2014, 05:50 PM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,536
Quote:
Originally Posted by REWahoo View Post
Yes, most definitely.
Awesome!!!!
__________________

__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 05-31-2014, 06:00 PM   #22
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: May 2004
Posts: 11,616
If they had an IPO, it would be very cool if they issued a ton of shares so each was priced very low and if they came with a cool physical stock certificate. Intaglio borders, a picture of Elon looking out into space, etc. I'd want to own one of those as a souvenir, a frame-able memento indicating I was on board for the launch of a possibly historic company.
__________________

__________________
"Freedom begins when you tell Mrs. Grundy to go fly a kite." - R. Heinlein
samclem is online now   Reply With Quote
Old 05-31-2014, 06:38 PM   #23
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,449
Would I buy SpaceX shares? I would buy anything most things if I know or think that the price is right.

And if I don't know, or rather too lazy to think about it as we most often do not really know but only guess, then I don't buy.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is offline   Reply With Quote
Old 05-31-2014, 06:46 PM   #24
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
clifp's Avatar
 
Join Date: Oct 2006
Posts: 7,451
Me bad ERD, I read your post wrong.

In truth I am uncertain if Tesla will still be around in 3 years much less 30 years. They still obviously face many obstacles. Plus my friend who is a senior engineer, told me they are increasingly facing challenge hiring good people. Google, who is a lot more profitable is outbidding Tesla for engineers, and the prospect of $200 TSLA options is far less attractive than $10 options. In addition there are bunch of giant dinosaurs in the car business, who while much less agile than TSLA, their bite could deliver a fatal blow.

I'd been inclined to buy SpaceX more as show of support than anything else. Five and certainly 10 years ago I had basically given up any hope of the US space program doing anything as exciting or inspiring as building a lunar colony or landing on Mars.

The season finale of Mad Men had scene of everybody clustered around their TV watching the moon landing. The show did a pretty good job capturing the magic. Thanks to Elon, I am cautiously optimistic that there maybe one more magical space moment in my life.

What SamClem said a stock certificate suitable for framing..
__________________
clifp is offline   Reply With Quote
Old 06-01-2014, 11:06 AM   #25
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Ed_The_Gypsy's Avatar
 
Join Date: Dec 2004
Location: the City of Subdued Excitement
Posts: 5,293
Not on your life.
__________________
my bumpersticker:
"I am not in a hurry.
I am retired.
And I don't care how big your truck is."
Ed_The_Gypsy is offline   Reply With Quote
Old 06-01-2014, 01:18 PM   #26
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,449
The above post reminds me of another much-talked about project in the heyday of the Internet: Teledesic. Craig McCaw was the main trust behind it, but Bill Gates was also an investor. A search on Teledesic found me a recent article claiming Google is now thinking about a similar system.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is offline   Reply With Quote
Old 06-01-2014, 01:34 PM   #27
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Chuckanut's Avatar
 
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 6,337
Teslsa is also selling drive train products to Mercedes, IIRC. And Tesla is now California's biggest car making company, nwt that Toyota is headed to Texas.

I think Tesla has the formula right. Rather than trying to compete with small, cheaper, and very fuel efficient cars, they are competing with pricey cars. For now, that may be the best use for electric automobiles.

I believe a retired GM executive has said that the first electric vehicles should have been trucks and big guzzlers like the Suburban. Electric versions would get the biggest savings per mile compared to gasoline engines and thus make the most economic sense according to him.

Oh! This is about SpaceX. Well, I would feel better about SpaceX as a company than Tesla since SpaceX has less competition and seems to be doing everything right at the moment. Take a look at what their manned spacecraft will be like - very impressive if they can pull it off.

Maybe I'll wait until one of their rockets explodes and then buy a few shares.
__________________
The worst decisions are usually made in times of anger and impatience.
Chuckanut is offline   Reply With Quote
Old 06-01-2014, 02:15 PM   #28
Thinks s/he gets paid by the post
mpeirce's Avatar
 
Join Date: Feb 2012
Location: Columbus area
Posts: 1,597
At the right price I'd buy a few.

On the other hand, I might just wait until they have their first accident (eventually it'll happen - hopefully not on a man-rated systems for along long time). That would be a great opportunity to pick up shares at a bargain. Assuming they do go pubic any time soon.
__________________
mpeirce is offline   Reply With Quote
Old 06-06-2014, 03:07 PM   #29
Thinks s/he gets paid by the post
 
Join Date: Aug 2006
Posts: 1,361
Nope. I don't invest in companies because they are inovative and cool. I invest in them because I am confident in their sustained earning power.

I would not have that confidence in SpaceX or Telsa.

They are exciting companies, and I expect them to do great things for their customers. I have no idea how their shareholders will fare, though.
__________________
Hamlet is offline   Reply With Quote
Old 06-06-2014, 07:03 PM   #30
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
mickeyd's Avatar
 
Join Date: Apr 2004
Location: South Texas~29N/98W
Posts: 5,884
Spacex has eyeballed a nice chunk of land south of here close to the Gulf (Boca Chica) and the state of TX has OKd a nice chunk of taxpayers cash to make a new launch complex happen. Elon Musk is a dynamic guy that seems to make stuff happen.
__________________

__________________
Part-Owner of Texas

Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx

In dire need of: faster horses, younger woman, older whiskey, more money.
mickeyd is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Patents, SpaceX and foreign countries Stanley Other topics 17 03-28-2013 01:30 AM
Kirk Kerkorian - buy high, sell low, 100 million shares of Ford, all gone. Grep Stock Picking and Market Strategy 3 12-29-2008 09:03 PM
I-Shares and Power Shares vs Vanguard ETF Hydroman FIRE and Money 6 05-23-2007 09:37 AM
I-Shares and Power Shares vs Vanguard ETF Hydroman Life after FIRE 0 05-22-2007 10:21 PM

 

 
All times are GMT -6. The time now is 03:18 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.