Welcome back to Part 3 of Wall Street Buys Me a Tesla.
Today’s post will be a recap and also update on my latest exit and investments. Let’s begin with a summary of where we left off at Part 2.
My goal is to buy a Tesla with only my investment gains. The Tesla I selected was approximately $75-76,000 as my dream car. My goal is to invest $75,000 across the next three years as I am not in a hurry to buy it.
In Part 1 I wrote that it should take me about three years with my returns to buy this Tesla should I reach my goal which is a 30% return every year.
As for modifications, I opt for a self-driving white or black one with black wheels. Now let’s move on to the investment summary
The first investment is Alteryx which I am still holding onto.
The second investment is American Express in which I covered in Part 2, where I excited at a 70% gain which is fantastic.
I deployed the cash into my third investment which is Intel.
My fourth investment is Ciena, a network technology company in which I exited at a 57% gain, and again you can also refer to Part 2 if you would like further details.
My fifth investment is a gold company, Kirkland Gold, and I am still holding onto this position at the moment. I also have just made a brand new investment that I will talk about today, but first let’s go through these investments one by one in more detail.
First, let’s talk about investment #3, Intel, which I entered into November 23rd, 2020. This was four months ago, when I entered with $48,984 using options.
I exited on January 14th, 2021 and that is really because it hit my target and I made basically 109% on this position.
My profit then is $53,162.73, and you can see that the cash I got back is $102,147 which is an amazing gain. During this period of time where I was holding onto Intel, they went from $46 to $61 and that is fantastic.
If you think about the $76,000 Tesla that I am trying to buy, this investment alone is pretty much going to pay most of it off. So I will only need to make one or two more investments. In two years time, I will be able to buy my Tesla with just my investment gains. So now let’s talk about my latest investment.
Just a few weeks ago on February 16th, 2021 I invested in Pfizer.
For those of you that don’t know, Pfizer is a big pharmaceutical company that has a lot of great drugs and is one of the biggest and most mature and stable companies.
In 2021, Pfizer is going to play a big role in terms of vaccination.
Right now, they are offering a two-dose vaccine so I think the future for Pfizer is going to be quite positive and I reinvested the cash I got from Intel into Pfizer.
So in order to keep the portfolio for buying a Tesla fairly simple, I invested $99,808 into Pfizer.
If you look at my overall portfolio, it is much more diversified but for simplicity, I would just put all the cash into Pfizer.
I just want to clarify this with you because I don’t want to give you the impression that I just went all-in on Pfizer. In fact, it is about less than 10% of my portfolio and my remaining cash is now $2,339.
Here is a summary of my portfolio today.
I started with $75,000 in capital.
My investment in Alteryx right now is $12,000 in market value.
For Kirkland it is $17,000 in market value, and Pfizer is $99,000 in market value.
You can see that this is a very unbalanced portfolio, but just for this series this is how we are going to allocate it.
The total market value is $132,909 including idle cash.
Looking at my portfolio right now, it has only been a couple of months since I started this series and I think that even if I do not invest my remaining cash, I should be ab le to hit my goal and buy a Tesla within two to three years from now.
In terms of my percentage goal reach, I started with $75,000 and my portfolio value right now is $139,909 so it has increased by $57,909.
In terms of the $76,000 Tesla, I am about 75% at my goal.
Now, it is just a matter of waiting for the next two and half years to see if Pfizer goes up or my investments for Kirkland and Alteryx will go up. Stay tuned for Part 4 when I take profits and buy my Tesla.
So welcome back to wall street buys me a Tesla episode three in this video. I just want to do a quick recap and also update you on my latest exit and investments. So first let's start with the summary and where we left off for the last two episodes. The goal here is really to buy a Tesla with my investment gain. And the Tesla I selected was approximately $75,076,000 or so, and it is my dream car. And my goal is really to invest 75,000 across the next three years. So then I can buy a Tesla with just my investment game and I'm not in a hurry to buy it. And previously in episode one, we talked about how long it would take, which is approximately three years. The return I need to make, which is around 30% return a year. And exactly what kind of modifications I want for the Tesla.
You know, it has a self-driving Dr. White or a black one with black wheels. So that is really my dream car. That's what we're working towards. So in terms of the investment summary, let's look at the slide. So for investment one is really our trick. I'm still holding onto that position right now. So I haven't exited yet. And for the second investment is American express and I covered that in the previous episode, I exited it at 70% gain. So that is fantastic. And I deployed a cash into my next investments, which is Intel. And I'm going to give you an update on Intel in a bit. And my fourth investment is Sienna, which is a network technology company, and I exited it at 57% gain. So you can refer to the episode to video as well. And my fifth investment is a gold company, which is Kirkland gold, and I'm still holding onto that at the moment.
And I have a new investment Diane made. So I'm going to talk about that as well. So let's go through this one by one, shall we? So first let's talk about Intel and I entered into Intel November 23rd, 2020. So as of the time I'm recording this video, it's approximately four months ago and I put in $48,984 here you can see is 10 55, but that's not really important because I use options. So you can really match it back to Intel. Afterwards, I exited on January 14th, 2021, and that is really because it hit my target and I made basically 109% on this position. So my profit is 53,000, 162 points, $73 here. You can see that to the cash I got back is 102,000 $147. So that is quite a good gain. And during this period of time where I was holding on to Intel, they went from $46 to $61.
So that's fantastic. And basically, if you think about the Tesla I'm trying to buy is $76,000 with disinvestment alone, pretty much there. So I need to make one or two more investments. So then in two years time, I will be able to buy my test off with just my investment gains. So let's talk about my latest investment. So just a couple of weeks ago, Sudbury 16th, 2021, I invested in Pfizer. And for those of, you know, Pfizer is a big pharmaceutical company, has a lot of great drugs is one of the biggest is a mature stable company. Now in 2021, Pfizer is going to play a big role in terms of vaccination. And right now there is a two dose vaccine. So I think the future for Pfizer is going to be quite positive. So I reinvest the cash I got for Intel into Pfizer.
So to keep the portfolio or buying a Tesla simple, I invested $909,808 into Pfizer. So of course, if you look at my overall portfolio is going to be more diversified than that, but for simplicity, I would just put all the cash into Pfizer. So it is important for me to clarify this with you, because I don't want to make you feel like that I'm going all in on Pfizer. It gets, that is literally not the case. My portfolio is much more diversified and I think Pfizer is less than 10% of my portfolio. So my remaining cash is $2,339. So here's a quick summary. My portfolio today, I started with $75,000 in capital for my investment in Altrix right now is $12,000. That's the market value for my investment in Kirkland is $17,000 in market value. And for my investments in Pfizer is $99,000 in market value.
So you can see this is a very unbalanced portfolio, but just for this series, that's how we're going to allocate it. So the total market value is $132,909, including the cash I have at his idol, but looking at my portfolio right now. And it has only been a couple of months since I started this. I think even if I don't invest my remaining cash, I should be able to hit my goal and buy a Tesla two to three years from now. So in terms of my percentage goal reach, I started with 75,000 and my portfolio value right now is $139,909. So the increase is $57,909. And the Tesla wanted buy only costs around $76,000. So in terms of the goal and progress, I'm 75% there. So now it's just a matter of waiting for the next two and a half years to see if Pfizer goes up or my investments go up for Kirkland. And now tricks I'll later on make a video when I buy my Tesla. So I expect the next update video. It's going to be a while. So I'll see you when I take profit.