This board is a place to discuss the interaction between political influences and energy supply and potential future development. Because climate issues affect the politics of energy that is on topic here. There are other places to talk about specific investment ideas, like Big Dogs BBR but if you want to discuss such things here feel free.
I do realize that political issues can raise passion levels, but let's try to hold down back and forth name calling and personal insults. We don't want to ruin the board for other posters and readers.
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Something different - I'm accepting Eric's challenge to pick a fossil fuel stock to compare over the long term (10 yrs) with TSLA.
I'll pick XOM v TSLA for 10 yrs. XOM is a pretty boring holding (to me), there will surely be lots of stocks that will outperform it over the next decade. OTOH, it's down now from it's previous high and paying a dividend of over 4%, a dividend that has grown at an average annual rate of about 9+% over the past decade. I will insist the dividends received on both stocks will be treated as reinvested.
XOM is at $72.37 right now, TSLA is at $246.60. Using a 100 share vs 30 share count will closely equalize the investments ... letting TSLA have a slight lead starting off.
100 shares of XOM 9/11/15 = $7,237
30 shares of TSLA 9/11/15 = $7,398
We'll start the ten year contest here and I'll keep track of 100 shares of boring old XOM vs 30 shares of that racehorse TSLA - will update here as I feel like it. Share counts to be adjusted as dividends are paid. I hope we and SI are both here in 10 years to see the result. |
