To The Moon

The much-anticipated event of the week finally happened on Thu, 10 Oct 2024 evening at Warner Bros. Discovery film studio. In a poor attempt to evoke Hollywood glitz & glam setting, $Tesla Motors(TSLA)$’s CEO rode a 2-seater robotaxi (called Cybercab), with butterfly doors to the stage. (see above) True to his beliefs of how an autonomous EV “should” look like, the Cybercab is without steering wheel and pedals. Enthusiastically Mr CEO shared: Cybercab can be had for below $30,000. Tesla hopes to produce Cybercab before 2027. Expects (not 100% confirmed) Tesla to have “unsupervised FSD” up & running in Texas and California in 2025 (no specifics) in its fleet of Model 3 & Y EVs. Cybercab would adopt “Inductive charging” where an EV rolls

What does the $S&P 500(.SPX)$ market index signify? It reflects the overall health of the American stock market, with a quality filter based on market capitalization. Investing in this market tracker through exchange-traded funds (ETFs) like the $SPDR S&P 500 ETF Trust(SPY)$ gives investors a ton of diversification and sets any investor up for robust long-term returns. Statistically, it has been shown that if a person has invested $1,000 in the SPDR fund 10 years ago and set the position up to reinvest dividend payments in more shares, he / she would have $3,500 today. That's a compound annual growth rate (CAGR) of +13.2%, leaving inflation rates far behind. Many investors get started in a popular

In my post on Tue, 02 May 2023 (click here to read ! and give a “Like”), I have shared my worries about US debt limit impasse may further weaken US stock market, that is still reeling from the US regional bank crisis contagion. US Debt clock Above is the latest snapshot of US debt clock: Figures in “red” represent expenses / money spent. Figures in “green” represent revenue / money received. So many red items and so few greens ! Latest Development: President Biden has invited Republican House Speaker Kevin McCarthy to meet at the White House on Tue, 9 May 2023. This will be the first meeting between the two leaders to discuss the issue since it first surfaced on 13 Jan 2023 when US Treasury Secretary, Ms Janet Yellen sent