Make Millions of Dollars in 10 years withTesla Magic!

BEFORE I BEGIN, I EMPHASIZE THAT ALL OF WHAT I WRITE IS MY PERSONAL OPINION AND SHOULD NOT BE TAKEN AS FINANCIAL ADVICE.  THAT SAID:

I honestly believe that given the desire, ANYONE and EVERYONE in this great country of ours can become a millionaire, even a billionaire, given enough time.  How much time?  Typically 10 years for becoming a millionaire and 30 years for becoming a billionaire.  It is super easy requiring NO WORK and it is 100% legal!

How?

Just by doing these 2 things:

1-Buying Tesla shares

2-Never selling your shares

That's it!  It is that simple!  Really!

There is no special link to click nor having to hear a long rambling speech.

So how do you buy Tesla shares?

I found the easiest way to do so is to find a Broker that charges NO FEES that you trust and open an account for free with no money.  I trust Fidelity Investments (Fidelity) at fidelity.com.  They are always available on their 24x7 telephone number which is 800.544.6666.  They are privately held and headquartered in Boston, MA and were founded over 75 years ago in 1946.  They have millions of customers, trillions dollars of assets under administration, 76,000 employees, and are in 11 countries.  They are considered one of the 3 largest brokers in the USA.  I started my business over 40 years ago, and when I offered a 401k plan to my employees, I chose Fidelity since they had no hidden fees.  I have been doing business with them for many decades and they have ALWAYS been available and professional.  I receive no compensation for suggesting them or from my website.  I do this to help others.

You must be a US citizen to open an account.  Having done so, you transfer some money into the account, and when the Stock Market opens, simply buy a share or 2.  NEVER SELL.

I was so happy with Fidelity and the ease to reach them and to manage my accounts on my iPhone, a some years ago, I closed ALL my bank accounts and credit cards except those with which I actually have a home equity line of credit (HELOC) or mortgage.  The only credit card I use other than the Fidelity Visa card that pays 2% on EVERYTHING directly into my account every month, is the Costco credit card ONLY for Costco purchases (2%), travel & restaurants (3%) and charging my Tesla on trips (4%).  Whenever I need cash to tip someone, Fidelity allows me to use ATM's all over and they reimburse any fees.  Whenever I need to pay someone a physical check, Fidelity will print one out and mail it ALL FOR FREE from my iPhone.  Fidelity allows me to set up multiple accounts which I use for "checking" (for all incoming and outgoing funds), "Stocks" (where I keep my Tesla Shares), and "Roth" (where I keep my Roth IRA funds).  Easy peasy!  No confusion and multiple banks and credit cards!  I wish I had done this years ago.  I then would set up direct deposit of your paycheck or other sources of income and set up the regular paying of bills to make life simpler, all from your Fidelity  "Checking Account."

You're done.

So, how do you go to being a millionaire?

Through (1) compounding explained below and (2) using an asset that grows at a high rate such as Tesla shares which have grown on the average 50% per YEAR during its entire 14-year public life, also explained below.

You buy and hold Tesla shares that are traded on the NASDAQ US-based Exchange. (National Association of Securities Dealers Automatic Quotation System)

(1) The Power of Compounding

If you put $100 into an account that pays 10% interest per year (compounded daily), then you would have $271.79 after 10 years, $738.70 after 20 years and  $2,007.73 after 30 years.

If you find an asset that grows not 10% per year but 50% per year but only compounds annually, then you would have $5,766.50 after 10 years, $332,525.67 after 20 years and  $19,175,105.92 after 30 years.

If you put in $100 and then put in another $100 per month, EVERY MONTH, into an account that pays 50% interest per year, compounded annually, then you would have $144,762.60 after 10 years, 8,310,741.83 after 20 years and $479,375,248.08 after 30 years.

If you start with $10,000 and put in $300 per month, EVERY MONTH, into an account that pays 50% interest per year compounded annually, then you would have $984,638.67 after 10 years, $57,187,215.76 after 20 years and $3,298,111,018.81 after 30 years.

Don't take my word for it, go online to the US Government site for the US Securities and Exchange Commission at https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator

With this online tool, you can customize a plan that is best suited for you.  For example, you may find that you can afford to put in more than $100 per month  Using the online tool, you can see how the time until reaching a certain goal is affected.

For example, a young person could start with $100 and put  in another $100 per month for the first year and then as his job pays more, increase his monthly contribution to $200 per month the second year, and then to $300 the following year and so forth.  By the 30th year, his monthly contribution would be $3,000 which 30 years from now would be like $1,100 in today's dollars which would be easy to pay by someone with 30 years in the workforce.  In this example, he would have  

That's pretty cool.  And you do absolutely NOTHING!

As an added bonus, owning shares of a stock that grows in value does NOT create a tax requirement for all it growth unless the shares are SOLD.  This is very different from interest-bearing accounts in which you must pay taxes on interest earned EVERY YEAR!,  You only pay tax when you sell your shares.  And I advocate to NEVER SELL your Tesla shares.  So, you never pay taxes on the enormous growth that your shares will have.

So how do you enjoy the millions and billions of dollars that your shares are worth?  You simply take a loan with your Broker using your shares as collateral.  I only recommend borrowing up to 10% of your shares' value or so.  The brokerage will charge interest, of course, but it will be much less than the 50% per year that your unsold shares are growing.  So if you have amassed $10M in shares, you can comfortably borrow $1M a year.  The best part is that the money you borrow and spend, is NOT TAXABLE because no shares were sold.  It is important that you use a broker like Fidelity that charges no fees.

It is called "investing." Your money works for you.  In essence, Elon Musk and his amazing Tesla Team are working for you.

In general, this is how rich people make money:  do no work and pay no taxes, and it is all legal!

For example, the richest man in the world, Elon Musk, takes NO SALARY.  President Trump didn't take a salary either.  Of course unlike EVERYONE ELSE, Elon Musk works very hard, and for a billionaire, lives very modestly, without the mansions and yachts that other billionaires have.  There never has been anyone like Elon Musk and I do not believe there ever be another like him.  We are so fortunate to be living at this time.

Buying more Tesla shares sooner than later shortens the time to becoming a millionaire.  For example in the instance above, paying $100 per month seems like a lot now, but over the span of 10, 20 and 30 years, you will most likely be able to comfortably contribute more.  Furthermore, you can invest in a company that is growing faster than 10% per year.  Over a 10 or more year span, many successful companies such as Apple, Microsoft, Google and Amazon that are both very large and have been around for decades, have grown over twice that rate.   And again, don't take my word for it, go online.  I use my iPhone and pull up the Stocks App.  Then I select the "ALL" period at the far right above the chart.   It shows the entire life of the stock, all split adjusted.  Then I touch and hold the center of the chart and a blue vertical line appears with the stock price at a particular date.  I then slide my finger to the far left and the earliest price and date for the stock are shown.  In this fashion, I can pick any period and see how the stock did.  So for an example, Apple gives a stock price of 11 cents on 01DEC84.  The current price as of this post (the close of FR06DEC24)  is $242.84.  So the question is, what would the average annual compounded interest rate have to be for 11 cents to grow to $242.84 after 40 years without adding anything, just leaving your 11 cents in?  Figuring that out is easy using a Compound Annual Growth Rate (CAGR) online calculator such as https://cagrcalculator.net/result/  For Apple, the answer is 21.2%, that's more than double the 10% rate used in the examples discussed above.  For Tesla's  entire 14-year stock life, the CAGR is 50.0%.  Its chart is the one shown in blue going from $1.33 14 years ago to 389 today, a growth of 293 times.  Using the online CAGR calculator gives the 50% value.  It's that easy!

Notice that investing as little as $100 a month for 30 years makes you a billionaire, no lottery needed!  For a young person with his first job at age 19, having 3 billion dollars at the age of 49 is nice!  Every working teenager should do this!

Obviously the more money put in the earlier, gives the fastest and largest results.

Mr. Wonderful from Shark Tank considers his dollars as little soldiers working for him.  These little soldiers generate wealth.  So it is with Tesla shares.  These little Tesla share soldiers generate, on the average, 50% per year.  They have been doing so since they became publicly traded 14 years ago.  So I would recommend that you NEVER sell these hard-worker bees.  Instead, borrow against them.  Borrowing incurs ZERO tax.  For example, say you have built up your Tesla stash to $500k, and you need an additional $50k to live.  Just borrow $50k at 10% per year against your $500k in Tesla shares that are generating 50% per year.  You're still 40% per year ahead.  As your Tesla shares grow 50% year, you can borrow more.  Eventually, 30 or 40 or 50 years from now you die with hundreds of billions in shares backing your loans of a few billion, and everything gets paid after you die.  You lived the life of a billionaire paying no taxes until after you die.  I'm no tax expert, but they probably can figure out a way to minimize that as well.

I do have shares in a Roth IRA, but it makes no sense to sell these hard-working 50%-per-year soldiers.  Regardless, I explain below the Roth IRA program,  it does have limits based upon how much income you have.  Of course, borrowing is not income.

Every American who has a job, is entitled to a Roth IRA account.  Back in 2023 one can put a maximum of $6.5k in it every year. ($7.5k if you're 50 or over)  It is an Individual Retirement Account per the Taxpayer Relief Act of 1997, named after Delaware Republican Senator William Roth.  It allowed only a $2k contribution per year when it started over 25 years ago and later in 2023 it allows $6.5k per year and is expected to grow even more!  The amazing advantage of this type of IRA is that since you are putting in money for which you've already paid income taxes, ALL MONEY, that is, both contributed and growth, in your Roth IRA is TAX FREE and can be taken out TAX FREE after 5 years or the age of 59-1/2, whichever is later.  Put in your annual $6.5k, earlier in the year is better, or, if necessary, set aside $541.67 per month for this purpose.  Spouses don't even have to have a job to contribute as long as the other spouse has a job, then 2 Roth IRAs are allowed and can accept $541.67 in each account per month.  Doing so in your 20s and 30s will practically guarantee becoming a MULTI-MILLIONAIRE AND FINANCIALLY INDEPENDENT in 20 years IF you invest in Tesla with stock symbol TSLA.  Simply buy Tesla stock with the $6.5k you put in every year.  After 10 or so years, you'll have over a million dollars, and in 30 years, you'll have several billion dollars, ALL TAX FREE.  You'll be in your 40s or 50s and financially independent.  And twice all of that for a married couple.  It is hard to believe, but the numbers don't lie.  For young people, a Roth IRA, especially with Tesla stock, is a “NO BRAINER.”

Why Tesla?  Here’s the amazing Tesla story on why:

What we are witnessing is a ONCE IN HISTORY event.  It is not a once in a generation event, it is a once in history event.  It has never happened before and I do not believe that it will ever happen again.  It is the result of the "Perfect Storm." It is the right time, the right place, and the right man at  the helm.  Elon Musk is THE MAN!  He is barely getting started and already he is the world's richest man.  He stated years ago that he expects Tesla to grow on the average over 50% into the foreseeable future.  And it has!

And Tesla is just now doubling its number of factories.  Don’t confuse a Tesla Gigafactory with the other car makers’ assembly plants.  For example, Toyota has 67 assembly plants and makes 10M cars per year, or about an average of 150k cars per plant per year.  A single Tesla Gigafactory can scale to millions of cars per year.  Until 2022, there were only 2 of these technological marvels and this year’s production, primarily based on these 2 alone, is forecast to be about 2M cars which is 50%  more than the production of last year, which was 50% more than the production of the previous year, and so forth.  Every year a Tesla Gigafactory becomes more efficient.  Now Tesla has 4 of them.  Even advanced German engineering is no match in efficiency.  VW takes 30 hours to produce each car.  Tesla takes only 10 hours.

Monopolies are not dead.  When it comes to smartphones (Apple) or the enterprise (Microsoft) or search (Google) or e-commerce (Amazon) there is virtually no competition.  Each of these trillion-dollar American companies are effectively without competition and each dominates a particular industry which is now mature and reaching saturation.  On the other hand, Tesla, another trillion-dollar company, is disrupting not one but at least 6 whole industries with opportunities that are far from saturated.  For example there are 2 billion vehicles in the whole world, practically all of which are NOT electric and even at the rate of making millions of electric cars per year, it will take a very long while to saturate this market.

The six industries where Tesla, like the other trillion-dollar companies, has no real competition are (1) truly smart electric cars, semi-trucks, and their Gigafactories "the machine that makes the machine" since a Tesla Gigafactory is without peer with respect to production capacity (cars per year) and efficiency (hours per car) and is 3 times more profitable, (2) customized smart auto insurance, (3) renewable/sustainable energy generation & storage & arbitrage, (4) autonomous driving (robotaxis), (5) FSDaaS and AGIaaS (the licensing of Full Self Driving as a Service software and Artificial General Intelligence as a Service similar to Amazon Web Services), and (6) The Tesla humanoid robot: Optimus.  Since these all leverage Tesla's lead in Artificial General Intelligence (AGI), due to Tesla's fleet of 8 million cars collecting billions of miles of data every week, Tesla's lead in these areas is UNASSAILABLE.  No amount of money can instantly create 8 million cars collecting and sending billions of miles of quality data that is needed to teach a Tesla-like EXAFLOP neural-net supercomputer (soon to be a 100EXAFLOP machine!) AGI for autonomous driving and robotics.  

The more you examine this phenomenon, the more outrageous it is and the greater the carnage will be for the status quo.  Remember, Nokia, Blackberry, Kodak, Polaroid, Blockbuster, all were effective monopolies until they were quickly disrupted.  Tesla's unique strength is its "pace of innovation," its engineering and efficiency.  It is in its culture.  Per Elon Musk, "The best part is no part, the best process is no process." Tesla is not a once-in-a-lifetime phenomenon, it is a once in HISTORY phenomenon.  The other trillion-dollar success stories, were just the warm-up bands, amateurs!  Tesla will be the world's largest company before the end of this decade.  We truly live in an exciting time!

Always be aware that disruptors are feared and hated by those being disrupted since they will be forced to change into another endeavor.  The media fears Elon Musk since he buys no advertising and in doing so shows those that do, that they should put their advertising dollars  to better use by building better products.  For example, GM spent $1.3B in advertising last year.  They could have at least cut the cost of their cars by hundreds of dollars.  In this respect Elon Musk and Donald Trump, another disruptor, are  very much alike.

If you like, look into it yourselves.  Google Elon Musk's "Master Plan" Parts 1 and 2 and 3.  Watch the YouTube channels "Solving the Money Problem" and "Best in Tesla" and many more.  Also watch Tesla’s “Battery Day”, “AI Day”, and most recently, "Investors' Day" videos or this recent interview for TED Talk:  https://youtu.be/YRvf00NooN8  Or just follow my lead.  I've watched them all.

I've studied this closely.  As a National Science Fair First Place winner, an MIT admittee, an MSEE, and an entrepreneur, my expertise is in this technology, and I have NO DOUBTS.  I have put all my own money in this.  I use Fidelity Investments.  They are large, well-established and recognized, and charge no fees.  Feel free to call me at 703.973.2631  ANYTIME about this historic opportunity or anything else for that matter.

Thousands of “Teslanaires” have been made, and many more will be.  Let’s join them!