Fiverr Is My Newest Pick

[disneysteve]

I did see articles recently how it's more expensive to charge an electric vehicle than using gasoline. It was based on 100 miles of driving. Not sure if that figure changes the more you drive. Electricity has gone up significantly here.

Probably part of the reason why solar is becoming increasingly popular. I see panels on another house around here every few days. My daughter works for a solar company and one factor that goes into their system designs is whether or not the homeowner will be charging an EV. More and more of their clients are.

[james.hendrickson]

Rennigade,

So this topic piqued my interest. I did some basic searching on the internet here and came across what looked like a good comprehensive summary of the costs of carrying an EV. The document was from Consumer Reports.

It basically said:

1. EVs have higher up front purchase prices
2. Adjusting for purchase incentives, EV depreciate at the same rate as gasoline powered vehicles
3. EV owners save about 50% in repair costs over the lifetime of vehicle ownership
4. EV owners saved about 60% on fuel costs relative to gas powered vehicles
5. In many cases EV matched or exceeded the performance of gas powered vehicles
6. Lifetime costs of EVs were consistently lower than gas powered vehicles, regardless of whether the vehicle was used.

So, the long and short of it is they're more expensive, but cost less over the long run.

Link to the consumer reports document here.

[rennigade]

I did see articles recently how it's more expensive to charge an electric vehicle than using gasoline. It was based on 100 miles of driving. Not sure if that figure changes the more you drive. Electricity has gone up significantly here.

[rennigade]

Tsla has been on a nice run the past week. Hopefully that continues.

[LivingAlmostLarge]

That's awesome that you semi retired both of you! Congrats!

[james.hendrickson]

Actually, you are that far off. I walled off an episode of afib 4 years ago thought it was an anxiety attack. Well that came back and now I'm being treated.

Oh man Singuy - really sorry to hear that. I hope your health improves soon.

[Like2Plan]

It's good to hear from you. Congrats on the semi-retirement.

[Singuy]

Singuy, I thought maybe you'd died or had a health condition or something man...everyone misses you here.

Actually, you are that far off. I walled off an episode of afib 4 years ago thought it was an anxiety attack. Well that came back and now I'm being treated.

[james.hendrickson]

Singuy, I thought maybe you'd died or had a health condition or something man...everyone misses you here.

[disneysteve]

Thanks for checking in, Singuy . Good to hear from you. That's great that you are both semi-retired. Enjoy it. I now work 8 hrs/wk myself since August and I'm loving it. Best thing ever.

[Singuy]

Hey guys. I noticed some people checking up on me making sure I didn't hand myself..lol.

Anyways, no, have not sold a thing. Currently my portfolio is around 2.3M (taxable)from the same 640k investment. Retirement is around 750k. I didnt do any buying on the way up for amd or Tesla so my cost basis are still low. I am down about 40k on fvrr I think. I didnt buy much of fvrr on the way up either.

Wife and I are still working during the run up so nothing has changed. Didnt buy lambo, mansions, and blow. Still saving roughly quarter of a mil per year as its our goal.

As for Tesla, pain is real but I am not worried at all because the company fundamentals just strengthend the last 2 years. Way better than the cluster F it was when I made my big buy in 2019. Holding for awhile as i have no use for all this money. Its mainly for our kids as our revenue coming in can fully satisfy our lifestyle. Sorry I didn't post much as most of my time was consumed by moderating FB Tesla investment group and very active on the Tesla investor forum.

Wife semi retired, working 1.5 days a week. Her net income is still the same at around 250k. I am semi retired too working 24-32hrs.

[rennigade]

I was just reviewing some of the previous posts he made and it looks like he said he got in between 30 and 65, so maybe his is down from his starting point. (Unless he did some profit taking along the way...)

I don't think we'll be hearing from him any time soon so it's hard to say.

[Like2Plan]

Thats true but there are limits. FVRR is $29. A little over a year ago it was over $300. That’s never happening again.

I was just reviewing some of the previous posts he made and it looks like he said he got in between 30 and 65, so maybe his is down from his starting point. (Unless he did some profit taking along the way...)

[disneysteve]

I'm just thinking about it from the standpoint that there is no loss or gain until you actually sell it.

Thats true but there are limits. FVRR is $29. A little over a year ago it was over $300. That’s never happening again.

[rennigade]

I'm just thinking about it from the standpoint that there is no loss or gain until you actually sell it.

Don't you think TSLA stock will recover somewhat in the next year or so? Didn't Elon have to liquidate some of the TSLA shares in order to come up with enough $$ to pay for Twitter?

That's true that it's no loss or gain until you sell but we're all keeping track so it still stings.

As far as Tesla recovering...possibly? There have been plenty of companies that are still around and aren't anywhere near what their high was, telecom stocks being one of them. Everyone and their brother now make electric vehicles. Are they as good as Tesla's, no. Does that matter, probably not. And yes I realize Tesla does a lot of things other than vehicles. I hope it recovers and then some.