I was actually buying S&P 500 and Nasdaq 100 Index from the US Market. But now I have started buying the Tesla Shares. The good thing is that, IndMoney give us option to buy shares in fraction and that's why today I have bought for $50. I think the Tasla share will do good in another 2 years and my target is around $500 per share.
So I will buy every month some amount and thus hopefully when the price reaches $500 I will sell it and cash out the profit. Seems like Trump becoming the President has been good for the markets and hopefully it will continue for another 2 years atleast if he don't do something different. So it's a good time to invest in the US Marlet and Elon Musk being in the government, it might have positive effect on the share price of Tesla.
My friend told me to buy Tesla when it was $200 per share but I have not bought. But now it feels like I have missed the train but still it can give good 25% returns in the near future. So even if it goes down I will do the DCA to buy the Tesla Shares. And along with that I will continue to buy the S&P 500 and Nasdaq 100 to give a stability in the portfolio so that if the Tesla goes down a lot, my portfolio will be in good position.
I was actually investing in the US stock through Mutual Fund but it feels like it was not giving me that good of a returns. So I will now actively invest in the US stock through INDMoney and then whenever get a good profit I will sell it or will continue to build a good portfolio out here.
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I read in the news today that Xiaomi SU7 EV is killing the competition and sold much more than brands as Toyota and Volkswagen already.
If the court finally approves the huge and in my humble opinion unjust bonus for EM, that would have quite a detrimental effect on the price of Tesla shares.
https://www.cbc.ca/news/business/delaware-musk-tesla-ruling-1.7399447
Still, I hope your investment is good in the long run and brings you some nice profit!
Thank you!