(Dave’s Journey to owning a Tesla)
Tesla Stock Split- Part 5 is the next part of the Dave’s Journey to owning a Tesla.
Disclaimer – This information is my own opinion. I am not a financial advisor or affiliated with any financial institution.
Part 3 – The Entrepreneur, and Part 4 – Taking my own advice, discussed the ability to grow your income through innovation of thought and applying fresh ideas to already existing problems and finding a way to monetize that approach.
Let’s talk about the stock split!
Stock Split
In the last week we have had a significant pivot in the way Tesla is looking at their future growth. The news which was reported by Tesla themselves outlined the Tesla Stock Split of 1:5.
This stock split is not unprecedented in the world of stocks but for the average person who has not been a shareholder or involved in any company that they held shares for, this is an interesting thing to do.
The BareFoot Investor as part of their strategy, also talk’s about investing to grow wealth over time.
The Tesla stock split is interesting by the fact that it allows those of us who are average people with little ability to spent thousands of dollars on stocks and investing, we now have the opportunity to invest just a couple of hundred dollars and become part of something we have a passion for.
For a lot of people investing in a company that aligns with their values, to help improve the environment and increase the ability for the world to transition to renewables is now reachable.
So, what does 1:5 share split mean?
If you as a shareholder currently with Tesla and you have a full share, then as of the 28th August you will end up owning 5 shares on the 31st August.
The total of those 5 shares will be the same as the original share. For example, if your original share was $1500 before the stock split. After the split you will have 5 shares valued at $300 each, $1500 in total.
So why is this Part 6 Tesla stock split part of the Dave’s journey to owning a Tesla?
The share market is a way to grow wealth so long as you listen to professional advice, and based on your assessment of your own financial position and risks, you proceed with caution while being well informed.
As I have said I am no financial wiz, but this is one-way I can grow wealth to achieve my goals while staying true to my values.
This is an opportunity if you like Tesla( https://www.tesla.com/en_au/ add link ) and you wish to be part of the retail investor environment, want to back a company that aligns with your values on the environment and own a cool car and technological products then look at this opportunity.
If you don’t have the money, then don’t do it!
If you have financial difficulty this will not get you out of trouble.
Look for opportunities that you are happy to accept the risk (loss) on.
Investing is risky and can be fraught with peril if you don’t do your homework.
But for me this is something I have long been working towards and I am going to try and take advantage of the opportunity before me.
I believe Tesla has a long way to go and has road map that doesn’t end with the cyber truck.
I am looking to the future and seeing that I have an opportunity to get one step closer to the end goal of owning a Tesla and helping to assist the world to transition to sustainable energy and transport. That is the ultimate goal.
Dave
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