Today, in the time of writing, is the best time to buy a bunch of Tesla stock.
I had been wanting to write this article for the past 2 days. And finally got a chance to sit down and write it.
Elon Musk With A Tesla
Right now, September 10, 2018, the Tesla stock price plummeted at only $263. There is high chance that it will go down by a few more dollars in the coming days. Because the controversial articles are still featured on top of the most popular news websites.
If you were sitting with a couple thousand of dollars. I would highly suggest buying a Tesla stock now and sit on it until it goes back up to its normal high price. Which is by looking at the graph charts from the last nine months, is around $360 to $380.
That means you would profit 40% more off your investment in 2 months.
Now it is true that I am no expert in this but maybe if I tell you how I currently perceive things about Tesla then you may come to understand my assumption.
Here are the reasons why I think the Tesla’s stock price will go up.
1. Tesla Is On Demand
Wherever you are in the world. It is a general knowledge that what makes the company successful is it’s demand and number of customers. And I can assure you that Tesla is very well on demand and had hundreds of thousands of reservation currently at hand.
2. Tesla Had Been Here Before
Tesla’s stock price is no stranger at getting to a $260 mark. It has gone this low March of last year and April of this year. But after those two times, the Tesla’s stock price has gone up again and again.
3. Tesla Has Elon Musk
If you ask me, as long as Elon Musk is on the helm, Tesla would always be successful. I do not want to say it but Tesla is Elon and I am pretty sure that a lot of people follow Tesla just purely because of Elon. And I know for sure that there are high profile investors out there who believed so much in Elon they would do anything to keep his baby Tesla up and running.
I do know that Elon is not the one who founded Tesla, but I know for a fact that he is the one who is there for the company when everything was on the line.
So this plummeted Stock price is nothing compared to what he and his company has been through before.
4. Tesla Has a Well Planned Future
Most of us who follows Elon Musk are familiar with his master plan. And this week we finally got a new glimpse of the upcoming Roadster. This will surely attract more people to his company especially after knowing the crazy specs of the car.
All in all, I do believe that Tesla is just not a company which stock would plummet so low when it just achieved it’s all time high price a few weeks back.
Honestly, I got another idea but I believe that saying them just based on speculation would cause me trouble, so I’d rather keep that last one to myself.
Conclusion
Now the only thing you need to think about is whether you should wait for the price to go down further or buy now and just sit on it for a month or two.
My suggestion is to buy now and short at around $360. Don’t be greedy, more opportunities will show up.
If you happen to have come across my personal story article. Then you would know that I have been working in Upwork for over 9 years.
And I got thousands of hours logged and counting.
Upwork Homepage
You could say that I have been highly successful in my line of work.
I am going to share to you some tips and discipline I apply in order to be successful in Upwork.
Here are some tips on how to be successful in Upwork.
1. Work On Your Profile
This is the very first thing you should do after you signed up in Upwork. Complete your profile, verify your account, add a picture, include your work history, add a portfolio and in the overview section highlight all the skills you have.
Now you will not be able to do all this in one sitting but every time you remembered something useful for you to include. Immediately go back to your profile and add it. If you are away from your computer, add a note in your phone so you can do it easily later.
2. Choose Jobs You Want To Apply To Wisely
Never ever submit an application aimlessly. Aside from reading the title, you should also carefully read the body of the job opening.
First reason is because in the body of the job opening some employers will ask you to include a secret word or secret phrase which you should include in your application.
Second reason is some employers has a preferred region for the applicant to come from. For instance if you are in Asia then you should not apply for a job which has a preferred applicant set to Europe.
Third reason is the Connects limit. Basically every time you apply for a job you use a Connect, if your account is a Freelancer Basic, you only get 60 free Connects per month.
After you zero out your available Connects you will have to wait for your current billing cycle to finish in order to receive your new 60 Connects.
You can check your billing cycle by going to Settings > Membership & Connect under the Current Billing Cycle.
Fourth reason is you may not be fully qualified for it. For sure you read the title, you know the job and it looks like you are qualified. But when you read the body you will sometimes see that the employer requires the applicant to have used a specific platform to do the job. Instead of the one you are used to.
3. Choose Your Employer Wisely
Yes this is very sad but very true. There are employers out there who do not know how to treat their employees correctly and with mutual respect. This happens in the real world as well as in the online world.
So before applying, always look at the employer’s rating history, a one to three 1 star rating would be fine but three upwards is a warning sign for what kind of employer he is.
I checked this all the time whenever I get a invitation for job interview. I browse the employers history and sometimes I would see multiple 1 star rating saying the employer didn’t pay them or the employer just never reply to them anymore. This is a big turn off for me.
Always do this especially if you are applying for a fixed price job. I mentioned this in my personal story where I worked for a fixed price job. And my employer keeps adding stuff for me to do. Which we did not discussed when we entered the contract agreement.
4. Keep Communication With Your Client Flowing
Once you get accepted to a job it is an absolute must that you keep your communication with your client open at all times. Be it Email, WhatsApp, Skype, Project Management Software etc.
In my case my clients prefer that we go to a Skype meeting before I start working and right after so I can report what I had done for the day.
5. Always Have 2 Jobs At The Same Time
This is merely a suggestion, if you can do it I would always suggest having 2 jobs at the same time. I came up with this because I can’t count how many times I saw people around me panicked whenever they lose their one and only job.
My setup is one part-time and one full-time. Then I accept small hour jobs on weekends.
I also do Forex Trading and have my MT4 platform open at all times so when I see a high probability trade I just order a trade and let it run its course in the background.
6. Never Be Afraid To Walk Away
This is something that should not be done in haste. This should only be a result of the negotiation process failing to accommodate your needs.
In the instance that you find yourself undervalued, or your employer is not treating you with mutual respect. Or you think you are getting underpaid as your skill set has already matured but you are still stuck on your old rate. Then I would suggest that you go and talk to your employer about them first.
If the employer didn’t agree with you then that is the time that you start to look for another job. This is also one of the advantages of having 2 jobs which I previously suggested.
I have done this 2 times, one resulted to me walking away and another resulted to having a raise.
Remember to only walk away after you find the replacement already. Do not resign immediately. Only after you are stable on the replacement job already.
7. Keep On Studying
I am not saying I still do this a lot. But there was a time in the past that I just keep on studying and trying out new things. I got my XAMPP server open at all times and I am always working on new ideas on my test servers.
It keeps me happy as I was excited to try out what I am learning to a live website. Now I still open my test servers from time to time whenever I get a new idea I wanted to try out.
If you really want to be good at something, go read some eBooks, watch guide videos about it and most importantly practice it in action even only in a test environment.
Conclusion
Upwork is one of my primary source of income and I think that it will continue to do so.
The thing about Upwork is if you perform well and if you are smart in choosing which job to take then you will remain successful.
What I really like about Upwork is if your profile’s success rate is really high then you can expect jobs to land on your doorstep on their own.
This is because clients in Upwork has the ability to invite high performing freelancers directly.
Find out how I started my online journey by reading this article.
