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eksp
2021-11-15
Time to buy more shares
Elon Musk sold $6.9 billion in Tesla stock last week, and shares had their worst week in more than a year
eksp
2021-11-15
NC
Singapore Stocks to watch: Keppel, First Resources, CICT, Hatten Land
eksp
2021-11-15
👍
'Live your life like Elon Musk': Why some financial advisers say it's worth weighing end-of-year stock sales -- just like the Tesla CEO is doing
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The sales follow disclosures earlier this week that the electric vehicle car maker's chief executive sold more than 4.5 million Tesla shares for roughly $5 billion.</p>\n<p>The world's richest man asked his <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> followers last week if he should sell 10% of his 170 million-plus shares, and the answer was yes. After selling about 6.3 million shares this week, Musk would still not be halfway to that goal, and would only be less than a third of the way there if he does not count his Monday sales, which were from options he exercised and made by a predetermined plan in order to pay the taxes on those options.</p>\n<p>Tesla stock had its worst week since the markets swooned at the beginning of the COVID-19 pandemic in March 2020; three weeks in February and March of last year are the only weeks worse than the <a href=\"https://laohu8.com/S/AONE.U\">one</a> Tesla just had, adjusted for stock splits. Shares declined 15.4% in total on the week, snapping a streak of 11 straight weekly gains.</p>\n<p>In the first Form 4 SEC filings released on Friday, Musk disclosed he sold 639,737 shares in the open market on Thursday, in a series of transactions at prices ranging from $1,104.01 down to $1,056.318. On Thursday, the stock had rallied as much as 3.5% to an intraday high of $1,104.97 before reversing course to fall as much as 1.2% to a low of $1,054.68 before closing down 0.4% at $1,063.51.</p>\n<p>The weighted average price of the 44 sale transactions recorded in two separate filings was $1,074.343, according to a MarketWatch calculation.</p>\n<p>The filings show Musk was the indirect owner of the shares sold, as trustee of the Elon Musk Revocable Trust.</p>\n<p>After the weekly sales, the filings say Musk is still indirect owner of 166,285,682 shares, valued at $171.8 billion at current prices. Tesla ended the week with a market capitalization of $1.04 trillion, enough to make it the fifth most valuable U.S. company.</p>\n<p>Despite the recent weakness, Tesla's stock has still soared 41.7% over the past three months while the S&P 500 index has gained 4.8%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk sold $6.9 billion in Tesla stock last week, and shares had their worst week in more than a year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk sold $6.9 billion in Tesla stock last week, and shares had their worst week in more than a year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-11-15 09:13</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Tesla stock suffered its fourth worst week in history as CEO sold more than 6 million shares, with stated plans to sell much more</p>\n<p>Billionaire Elon Musk sold nearly $2 billion in Tesla Inc. stock on Thursday and Friday for $6.9 billion total on the week, which happened to be the worst for Tesla stock in more than a year.</p>\n<p>Filings with the Securities and Exchange Commission made public Friday showed Musk sold more than 600,000 Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> shares on Thursday, and exactly 1.2 million in Friday's trading session, taking in a combined total of nearly $2 billion. The sales follow disclosures earlier this week that the electric vehicle car maker's chief executive sold more than 4.5 million Tesla shares for roughly $5 billion.</p>\n<p>The world's richest man asked his <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> followers last week if he should sell 10% of his 170 million-plus shares, and the answer was yes. After selling about 6.3 million shares this week, Musk would still not be halfway to that goal, and would only be less than a third of the way there if he does not count his Monday sales, which were from options he exercised and made by a predetermined plan in order to pay the taxes on those options.</p>\n<p>Tesla stock had its worst week since the markets swooned at the beginning of the COVID-19 pandemic in March 2020; three weeks in February and March of last year are the only weeks worse than the <a href=\"https://laohu8.com/S/AONE.U\">one</a> Tesla just had, adjusted for stock splits. Shares declined 15.4% in total on the week, snapping a streak of 11 straight weekly gains.</p>\n<p>In the first Form 4 SEC filings released on Friday, Musk disclosed he sold 639,737 shares in the open market on Thursday, in a series of transactions at prices ranging from $1,104.01 down to $1,056.318. On Thursday, the stock had rallied as much as 3.5% to an intraday high of $1,104.97 before reversing course to fall as much as 1.2% to a low of $1,054.68 before closing down 0.4% at $1,063.51.</p>\n<p>The weighted average price of the 44 sale transactions recorded in two separate filings was $1,074.343, according to a MarketWatch calculation.</p>\n<p>The filings show Musk was the indirect owner of the shares sold, as trustee of the Elon Musk Revocable Trust.</p>\n<p>After the weekly sales, the filings say Musk is still indirect owner of 166,285,682 shares, valued at $171.8 billion at current prices. Tesla ended the week with a market capitalization of $1.04 trillion, enough to make it the fifth most valuable U.S. company.</p>\n<p>Despite the recent weakness, Tesla's stock has still soared 41.7% over the past three months while the S&P 500 index has gained 4.8%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2183041252","content_text":"Tesla stock suffered its fourth worst week in history as CEO sold more than 6 million shares, with stated plans to sell much more\nBillionaire Elon Musk sold nearly $2 billion in Tesla Inc. stock on Thursday and Friday for $6.9 billion total on the week, which happened to be the worst for Tesla stock in more than a year.\nFilings with the Securities and Exchange Commission made public Friday showed Musk sold more than 600,000 Tesla $(TSLA)$ shares on Thursday, and exactly 1.2 million in Friday's trading session, taking in a combined total of nearly $2 billion. The sales follow disclosures earlier this week that the electric vehicle car maker's chief executive sold more than 4.5 million Tesla shares for roughly $5 billion.\nThe world's richest man asked his Twitter followers last week if he should sell 10% of his 170 million-plus shares, and the answer was yes. After selling about 6.3 million shares this week, Musk would still not be halfway to that goal, and would only be less than a third of the way there if he does not count his Monday sales, which were from options he exercised and made by a predetermined plan in order to pay the taxes on those options.\nTesla stock had its worst week since the markets swooned at the beginning of the COVID-19 pandemic in March 2020; three weeks in February and March of last year are the only weeks worse than the one Tesla just had, adjusted for stock splits. Shares declined 15.4% in total on the week, snapping a streak of 11 straight weekly gains.\nIn the first Form 4 SEC filings released on Friday, Musk disclosed he sold 639,737 shares in the open market on Thursday, in a series of transactions at prices ranging from $1,104.01 down to $1,056.318. On Thursday, the stock had rallied as much as 3.5% to an intraday high of $1,104.97 before reversing course to fall as much as 1.2% to a low of $1,054.68 before closing down 0.4% at $1,063.51.\nThe weighted average price of the 44 sale transactions recorded in two separate filings was $1,074.343, according to a MarketWatch calculation.\nThe filings show Musk was the indirect owner of the shares sold, as trustee of the Elon Musk Revocable Trust.\nAfter the weekly sales, the filings say Musk is still indirect owner of 166,285,682 shares, valued at $171.8 billion at current prices. Tesla ended the week with a market capitalization of $1.04 trillion, enough to make it the fifth most valuable U.S. company.\nDespite the recent weakness, Tesla's stock has still soared 41.7% over the past three months while the S&P 500 index has gained 4.8%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873225963,"gmtCreate":1636950744937,"gmtModify":1636951271845,"author":{"id":"4099671041878530","authorId":"4099671041878530","name":"eksp","avatar":"https://static.tigerbbs.com/0859d8e6d94efd990b8eea163b06f576","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"NC","listText":"NC","text":"NC","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/873225963","repostId":"1102708415","repostType":2,"repost":{"id":"1102708415","pubTimestamp":1636938238,"share":"https://www.laohu8.com/m/news/1102708415?lang=&edition=full","pubTime":"2021-11-15 09:03","market":"sg","language":"en","title":"Singapore Stocks to watch: Keppel, First Resources, CICT, Hatten Land","url":"https://stock-news.laohu8.com/highlight/detail?id=1102708415","media":"Businesstimes","summary":"THE following companies saw new developments that may affect trading of their securities on Monday (","content":"<div>\n<p>THE following companies saw new developments that may affect trading of their securities on Monday (Nov 15):\nKEPPEL CORPORATION LIMITED (BN4): Its subsidiary Keppel Telecommunications & Transportation...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/stocks-to-watch-keppel-first-resources-cict-hatten-land\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks to watch: Keppel, First Resources, CICT, Hatten Land</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks to watch: Keppel, First Resources, CICT, Hatten Land\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-15 09:03 GMT+8 <a href=https://www.businesstimes.com.sg/stocks/stocks-to-watch-keppel-first-resources-cict-hatten-land><strong>Businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>THE following companies saw new developments that may affect trading of their securities on Monday (Nov 15):\nKEPPEL CORPORATION LIMITED (BN4): Its subsidiary Keppel Telecommunications & Transportation...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/stocks-to-watch-keppel-first-resources-cict-hatten-land\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BN4.SI":"吉宝有限公司","PH0.SI":"VGO企业","F9D.SI":"宝德新加坡","P8Z.SI":"布米达马农业","EB5.SI":"益资源"},"source_url":"https://www.businesstimes.com.sg/stocks/stocks-to-watch-keppel-first-resources-cict-hatten-land","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102708415","content_text":"THE following companies saw new developments that may affect trading of their securities on Monday (Nov 15):\nKEPPEL CORPORATION LIMITED (BN4): Its subsidiary Keppel Telecommunications & Transportation is fully divesting its 50 per cent stake in Wuhu Sanshan Port for 170 million yuan (S$36 million), the group disclosed in a bourse filing on Friday (Nov 12). Separately, on Monday, it was announced that KS Investments, a wholly-owned subsidiary of Keppel Offshore & Marine, is divesting its entire 51 per cent stake in each of Keppel Smit Towage and Maju Maritime, for an aggregate cash consideration of S$133 million. Keppel expects to recognise a divestment gain of around S$72 million from the deal. Shares of Keppel closed up S$0.01 or 0.2 per cent at S$5.29 on Friday (Nov 12), before both announcements.\nFIRST RESOURCES LIMITED : (EB5) The palm oil producer on Monday reported an underlying net profit of US$52.8 million for the third quarter ended Sep 30, up 44.9 per cent from US$36.5 million the year before. The marked improvement in topline performance was driven by the higher average selling prices and stronger sales volume. Shares of the counter closed up 1.9 per cent or S$0.03 at S$1.60 on Friday.\nCapitaLand Integrated Commercial Trust (CICT): Its manager said on Friday that OGS LLP will divest its entire stake in One George Street to SG OGS, a private limited company, for S$1.28 billion, or approximately S$2,875 per square foot. CICT will receive approximately S$640.7 million, or 50 per cent of the consideration for the sale. Units of CICT rose S$0.02 or 0.9 per cent to close at S$2.17 on Friday, before the announcement.\nHATTEN LAND LIMITED : (PH0) The Catalist-listed construction company on Sunday (Nov 14) posted a net loss of RM16 million (S$5.2 million) for its first quarter ended Sep 30, narrowing from RM16.6 million in the year-ago period. This translates to a loss per share of 1 sen. No dividend has been declared for this financial period. Shares of Hatten Land closed flat at 6.2 Singapore cents on Friday (Nov 12).\nADDVALUE TECHNOLOGIES LTD : (A31) The communications equipment company's net loss for the first half ending Sep 30 stood at US$1.1 million, narrowing from US$1.5 million in the same period last year, the mainboard-listed company said in a bourse filing on Sunday (Nov 14). Shares traded flat at 1.4 Singapore cents on Friday's (Nov 12) close.\nBUKIT SEMBAWANG ESTATES LTD : (B61) The property developer reported on Friday (Nov 13) that its net profit for the first half ending Sep 30 fell 28 per cent to S$53.4 million, from S$73.7 million the year before. Net cash used in financing activities amounted to S$175.8 million, mainly for dividend payments and full repayment of borrowings relating to The Atelier. Shares ended 4 cents or 0.8 per cent lower at S$5.18 on Friday (Nov 12).\nBUMITAMA AGRI LTD. : (P8Z) The palm oil producer on Friday (Nov 12) recorded 588.7 billion rupiah in net profit for the third quarter ended September, marking an all-time high as prices of the commodity boom globally. Shares closed flat at S$0.555 on Friday, before the announcement was made.\nUMS HOLDINGS LIMITED : (558) The investment holding company on Friday (Nov 12) posted that its net profit rose to S$15.1 million for its third quarter ended Sep 30, 2021, up 17 per cent from the S$12.9 million posted last year. It proposed an interim dividend of S$0.01 cent per share for Q3 FY201, up from S$0.005 per share paid in the same period last year. UMS shares rose 5.3 per cent, or S$0.07 to close at S$1.38, before the business update was released.\nBOUSTEAD SINGAPORE LIMITED : (F9D) The engineering services group on Friday (Nov 12) posted a 2 per cent drop in net profit to S$21.3 million for the half-year ended September, thanks to the resumption of \"more normalised\" revenue recognition at its real estate unit, Boustead Projects. The group has declared an interim dividend of 1.5 Singapore cents per share, up from 1 Singapore cent per share in the year-ago period. Its shares closed at S$1.04, up 4 per cent, before the business update was released.\nTrading halts:\nSPH and SPH have both called for trading halts on Monday (Nov 15), shortly after Cuscaden submitted a revised offer of S$2.40 per share. Both SPH and Cuscaden have also entered into an implementation agreement to privatise the former company via a scheme of arrangement. Shares of SPH (T39) closed at S$2.33 on Friday (Nov 12)'s close, up S$0.02 or 0.87 per cent. Meanwhile, shares of SPH Reit (SK6U) closed at S$1.02 on Friday (Nov 12)'s close, up S$0.01 or 0.99 per cent.\nNew Silkroutes also called for a trading halt on Monday (Nov 15), pending the release of an announcement. Shares of thinly-traded stock last closed unchanged on Nov 12 at S$0.075.","news_type":1},"isVote":1,"tweetType":1,"viewCount":582,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873226032,"gmtCreate":1636950545349,"gmtModify":1636950545349,"author":{"id":"4099671041878530","authorId":"4099671041878530","name":"eksp","avatar":"https://static.tigerbbs.com/0859d8e6d94efd990b8eea163b06f576","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/873226032","repostId":"2183043839","repostType":2,"repost":{"id":"2183043839","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1636826160,"share":"https://www.laohu8.com/m/news/2183043839?lang=&edition=full","pubTime":"2021-11-14 01:56","market":"hk","language":"en","title":"'Live your life like Elon Musk': Why some financial advisers say it's worth weighing end-of-year stock sales -- just like the Tesla CEO is doing","url":"https://stock-news.laohu8.com/highlight/detail?id=2183043839","media":"Dow Jones","summary":"MW 'Live your life like Elon Musk': Why some financial advisers say it's worth weighing end-of-year ","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW 'Live your life like Elon Musk': Why some financial advisers say it's worth weighing end-of-year stock sales -- just like the Tesla CEO is doing\n</p>\n<p>\n By Charles Passy \n</p>\n<p>\n The Tesla CEO is considering selling some of his shares. Financial professionals say there's a lesson in that for all investors. \n</p>\n<p>\n When Elon Musk polled his <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> followers over the weekend about whether or not he should sell his Tesla stock, it might have seemed like the typical oddball move for the billionaire entrepreneur. \n</p>\n<p>\n But financial professionals said Musk's tweet was possibly driven by the desire to employ a smart, end-of-year tax strategy. And they note that investors might be wise to follow the Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> CEO's lead in a certain respect, and take a hard look at their portfolios before Dec. 31. \n</p>\n<p>\n Or, as Richard Austin, a financial adviser with the Massachusetts-based firm Integrated Partners, simply put it: \"Live your life like Elon Musk\" -- even if you don't have Musk-level riches. \n</p>\n<p>\n In Musk's tweet, he addressed the question of unrealized capital gains being \"a means of tax avoidance\" -- something that has been discussed as part of tax-reform initiatives -- and he proposed selling 10% of his Tesla stock. Of the 3.5 million followers who responded, 58% said he should indeed sell. \n</p>\n<p>\n As financial pundits have already noted, Musk is actually in a situation where he almost has no choice but to sell: He has stock options -- on nearly 23 million shares -- that will expire in August 2022. And Musk previously signaled his intention to sell a \"huge block\" in the fourth quarter of this year. CNBC noted that Musk's options would generate a gain of nearly $28 billion (based on Friday's market close) and that the tax bill on the sale could be around $15 billion. \n</p>\n<p>\n Musk could exercise all his stock options this year. Or he could do so next year. But some financial professionals think his strategy may be to split the sale across two years for tax purposes. Ultimately, Musk won't likely be saving on his overall tax hit -- he's in the highest income bracket, so he'll have to pay the government the full freight no matter what over time. But by splitting the sale between 2021 and 2022, he'll be able to hold on to some of those billions a little longer for whatever use he might have in mind. \n</p>\n<p>\n In other words, it's about weighing the opportunity cost, said Harry Kirkpatrick, a financial planner with Facet Wealth, a virtual financial-planning firm. \"What could he take that money and invest it in?\" said Kirkpatrick. \n</p>\n<p>\n At the same time, by not selling all at once, Musk may be avoiding dinging Tesla's stock price as severely, financial professionals said. Typically, any large sale -- or potential sale -- by a company's executive can have a negative effect on stock price. As it is, Tesla shares have already declined by more than 10% since Friday's close. \n</p>\n<p>\n Given this possible scenario regarding Musk's thinking, there are key takeaways for investors to consider when it comes to their own holdings, financial professionals said. \n</p>\n<p>\n First, for investors who specifically have stock options, Austin said tax implications should always be kept in mind in terms of when to exercise. Investors at lower tax brackets may unwittingly put themselves into higher ones if they exercise all at once, he explained, so the staggered approach could work to their tax advantage. \n</p>\n<p>\n But otherwise, professionals said investors should always take a close look at their portfolios heading into the end of a year. In particular, they may want to sell stocks that have declined to offset any gains taken in the past year. \n</p>\n<p>\n True, it's sometimes hard to part with a long-held stock, particularly if there's hope for a turnaround. But professionals said investors can always consider buying that stock back at a later time, keeping in mind the IRS \"wash sale rule\" that requires waiting a certain period. \n</p>\n<p>\n Investors can also consider buying something else in the intervening period that speaks to a similar investment aim. \"If you're selling Intel, you can buy the semiconductor index,\" said Clark Kendall, president of Kendall Capital, a Maryland-based firm. \n</p>\n<p>\n The broader point is that owning stocks indeed comes with a host of tax questions and concerns, professionals said. And that could be what's driving Elon Musk's end-of-year thinking. \n</p>\n<p>\n \"Ultimately, what he's doing is a microcosm of what all investors should be doing. They should be making tax-efficient decisions,\" said Kirkpatrick. \n</p>\n<p>\n -Charles Passy \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n November 13, 2021 12:56 ET (17:56 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Live your life like Elon Musk': Why some financial advisers say it's worth weighing end-of-year stock sales -- just like the Tesla CEO is doing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Live your life like Elon Musk': Why some financial advisers say it's worth weighing end-of-year stock sales -- just like the Tesla CEO is doing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-11-14 01:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW 'Live your life like Elon Musk': Why some financial advisers say it's worth weighing end-of-year stock sales -- just like the Tesla CEO is doing\n</p>\n<p>\n By Charles Passy \n</p>\n<p>\n The Tesla CEO is considering selling some of his shares. Financial professionals say there's a lesson in that for all investors. \n</p>\n<p>\n When Elon Musk polled his <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> followers over the weekend about whether or not he should sell his Tesla stock, it might have seemed like the typical oddball move for the billionaire entrepreneur. \n</p>\n<p>\n But financial professionals said Musk's tweet was possibly driven by the desire to employ a smart, end-of-year tax strategy. And they note that investors might be wise to follow the Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> CEO's lead in a certain respect, and take a hard look at their portfolios before Dec. 31. \n</p>\n<p>\n Or, as Richard Austin, a financial adviser with the Massachusetts-based firm Integrated Partners, simply put it: \"Live your life like Elon Musk\" -- even if you don't have Musk-level riches. \n</p>\n<p>\n In Musk's tweet, he addressed the question of unrealized capital gains being \"a means of tax avoidance\" -- something that has been discussed as part of tax-reform initiatives -- and he proposed selling 10% of his Tesla stock. Of the 3.5 million followers who responded, 58% said he should indeed sell. \n</p>\n<p>\n As financial pundits have already noted, Musk is actually in a situation where he almost has no choice but to sell: He has stock options -- on nearly 23 million shares -- that will expire in August 2022. And Musk previously signaled his intention to sell a \"huge block\" in the fourth quarter of this year. CNBC noted that Musk's options would generate a gain of nearly $28 billion (based on Friday's market close) and that the tax bill on the sale could be around $15 billion. \n</p>\n<p>\n Musk could exercise all his stock options this year. Or he could do so next year. But some financial professionals think his strategy may be to split the sale across two years for tax purposes. Ultimately, Musk won't likely be saving on his overall tax hit -- he's in the highest income bracket, so he'll have to pay the government the full freight no matter what over time. But by splitting the sale between 2021 and 2022, he'll be able to hold on to some of those billions a little longer for whatever use he might have in mind. \n</p>\n<p>\n In other words, it's about weighing the opportunity cost, said Harry Kirkpatrick, a financial planner with Facet Wealth, a virtual financial-planning firm. \"What could he take that money and invest it in?\" said Kirkpatrick. \n</p>\n<p>\n At the same time, by not selling all at once, Musk may be avoiding dinging Tesla's stock price as severely, financial professionals said. Typically, any large sale -- or potential sale -- by a company's executive can have a negative effect on stock price. As it is, Tesla shares have already declined by more than 10% since Friday's close. \n</p>\n<p>\n Given this possible scenario regarding Musk's thinking, there are key takeaways for investors to consider when it comes to their own holdings, financial professionals said. \n</p>\n<p>\n First, for investors who specifically have stock options, Austin said tax implications should always be kept in mind in terms of when to exercise. Investors at lower tax brackets may unwittingly put themselves into higher ones if they exercise all at once, he explained, so the staggered approach could work to their tax advantage. \n</p>\n<p>\n But otherwise, professionals said investors should always take a close look at their portfolios heading into the end of a year. In particular, they may want to sell stocks that have declined to offset any gains taken in the past year. \n</p>\n<p>\n True, it's sometimes hard to part with a long-held stock, particularly if there's hope for a turnaround. But professionals said investors can always consider buying that stock back at a later time, keeping in mind the IRS \"wash sale rule\" that requires waiting a certain period. \n</p>\n<p>\n Investors can also consider buying something else in the intervening period that speaks to a similar investment aim. \"If you're selling Intel, you can buy the semiconductor index,\" said Clark Kendall, president of Kendall Capital, a Maryland-based firm. \n</p>\n<p>\n The broader point is that owning stocks indeed comes with a host of tax questions and concerns, professionals said. And that could be what's driving Elon Musk's end-of-year thinking. \n</p>\n<p>\n \"Ultimately, what he's doing is a microcosm of what all investors should be doing. They should be making tax-efficient decisions,\" said Kirkpatrick. \n</p>\n<p>\n -Charles Passy \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n November 13, 2021 12:56 ET (17:56 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2183043839","content_text":"MW 'Live your life like Elon Musk': Why some financial advisers say it's worth weighing end-of-year stock sales -- just like the Tesla CEO is doing\n\n\n By Charles Passy \n\n\n The Tesla CEO is considering selling some of his shares. Financial professionals say there's a lesson in that for all investors. \n\n\n When Elon Musk polled his Twitter followers over the weekend about whether or not he should sell his Tesla stock, it might have seemed like the typical oddball move for the billionaire entrepreneur. \n\n\n But financial professionals said Musk's tweet was possibly driven by the desire to employ a smart, end-of-year tax strategy. And they note that investors might be wise to follow the Tesla $(TSLA)$ CEO's lead in a certain respect, and take a hard look at their portfolios before Dec. 31. \n\n\n Or, as Richard Austin, a financial adviser with the Massachusetts-based firm Integrated Partners, simply put it: \"Live your life like Elon Musk\" -- even if you don't have Musk-level riches. \n\n\n In Musk's tweet, he addressed the question of unrealized capital gains being \"a means of tax avoidance\" -- something that has been discussed as part of tax-reform initiatives -- and he proposed selling 10% of his Tesla stock. Of the 3.5 million followers who responded, 58% said he should indeed sell. \n\n\n As financial pundits have already noted, Musk is actually in a situation where he almost has no choice but to sell: He has stock options -- on nearly 23 million shares -- that will expire in August 2022. And Musk previously signaled his intention to sell a \"huge block\" in the fourth quarter of this year. CNBC noted that Musk's options would generate a gain of nearly $28 billion (based on Friday's market close) and that the tax bill on the sale could be around $15 billion. \n\n\n Musk could exercise all his stock options this year. Or he could do so next year. But some financial professionals think his strategy may be to split the sale across two years for tax purposes. Ultimately, Musk won't likely be saving on his overall tax hit -- he's in the highest income bracket, so he'll have to pay the government the full freight no matter what over time. But by splitting the sale between 2021 and 2022, he'll be able to hold on to some of those billions a little longer for whatever use he might have in mind. \n\n\n In other words, it's about weighing the opportunity cost, said Harry Kirkpatrick, a financial planner with Facet Wealth, a virtual financial-planning firm. \"What could he take that money and invest it in?\" said Kirkpatrick. \n\n\n At the same time, by not selling all at once, Musk may be avoiding dinging Tesla's stock price as severely, financial professionals said. Typically, any large sale -- or potential sale -- by a company's executive can have a negative effect on stock price. As it is, Tesla shares have already declined by more than 10% since Friday's close. \n\n\n Given this possible scenario regarding Musk's thinking, there are key takeaways for investors to consider when it comes to their own holdings, financial professionals said. \n\n\n First, for investors who specifically have stock options, Austin said tax implications should always be kept in mind in terms of when to exercise. Investors at lower tax brackets may unwittingly put themselves into higher ones if they exercise all at once, he explained, so the staggered approach could work to their tax advantage. \n\n\n But otherwise, professionals said investors should always take a close look at their portfolios heading into the end of a year. In particular, they may want to sell stocks that have declined to offset any gains taken in the past year. \n\n\n True, it's sometimes hard to part with a long-held stock, particularly if there's hope for a turnaround. But professionals said investors can always consider buying that stock back at a later time, keeping in mind the IRS \"wash sale rule\" that requires waiting a certain period. \n\n\n Investors can also consider buying something else in the intervening period that speaks to a similar investment aim. \"If you're selling Intel, you can buy the semiconductor index,\" said Clark Kendall, president of Kendall Capital, a Maryland-based firm. \n\n\n The broader point is that owning stocks indeed comes with a host of tax questions and concerns, professionals said. And that could be what's driving Elon Musk's end-of-year thinking. \n\n\n \"Ultimately, what he's doing is a microcosm of what all investors should be doing. They should be making tax-efficient decisions,\" said Kirkpatrick. \n\n\n -Charles Passy \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n November 13, 2021 12:56 ET (17:56 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":873225963,"gmtCreate":1636950744937,"gmtModify":1636951271845,"author":{"id":"4099671041878530","authorId":"4099671041878530","name":"eksp","avatar":"https://static.tigerbbs.com/0859d8e6d94efd990b8eea163b06f576","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"NC","listText":"NC","text":"NC","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/873225963","repostId":"1102708415","repostType":2,"repost":{"id":"1102708415","pubTimestamp":1636938238,"share":"https://www.laohu8.com/m/news/1102708415?lang=&edition=full","pubTime":"2021-11-15 09:03","market":"sg","language":"en","title":"Singapore Stocks to watch: Keppel, First Resources, CICT, Hatten Land","url":"https://stock-news.laohu8.com/highlight/detail?id=1102708415","media":"Businesstimes","summary":"THE following companies saw new developments that may affect trading of their securities on Monday (","content":"<div>\n<p>THE following companies saw new developments that may affect trading of their securities on Monday (Nov 15):\nKEPPEL CORPORATION LIMITED (BN4): Its subsidiary Keppel Telecommunications & Transportation...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/stocks-to-watch-keppel-first-resources-cict-hatten-land\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks to watch: Keppel, First Resources, CICT, Hatten Land</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks to watch: Keppel, First Resources, CICT, Hatten Land\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-15 09:03 GMT+8 <a href=https://www.businesstimes.com.sg/stocks/stocks-to-watch-keppel-first-resources-cict-hatten-land><strong>Businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>THE following companies saw new developments that may affect trading of their securities on Monday (Nov 15):\nKEPPEL CORPORATION LIMITED (BN4): Its subsidiary Keppel Telecommunications & Transportation...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/stocks-to-watch-keppel-first-resources-cict-hatten-land\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BN4.SI":"吉宝有限公司","PH0.SI":"VGO企业","F9D.SI":"宝德新加坡","P8Z.SI":"布米达马农业","EB5.SI":"益资源"},"source_url":"https://www.businesstimes.com.sg/stocks/stocks-to-watch-keppel-first-resources-cict-hatten-land","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102708415","content_text":"THE following companies saw new developments that may affect trading of their securities on Monday (Nov 15):\nKEPPEL CORPORATION LIMITED (BN4): Its subsidiary Keppel Telecommunications & Transportation is fully divesting its 50 per cent stake in Wuhu Sanshan Port for 170 million yuan (S$36 million), the group disclosed in a bourse filing on Friday (Nov 12). Separately, on Monday, it was announced that KS Investments, a wholly-owned subsidiary of Keppel Offshore & Marine, is divesting its entire 51 per cent stake in each of Keppel Smit Towage and Maju Maritime, for an aggregate cash consideration of S$133 million. Keppel expects to recognise a divestment gain of around S$72 million from the deal. Shares of Keppel closed up S$0.01 or 0.2 per cent at S$5.29 on Friday (Nov 12), before both announcements.\nFIRST RESOURCES LIMITED : (EB5) The palm oil producer on Monday reported an underlying net profit of US$52.8 million for the third quarter ended Sep 30, up 44.9 per cent from US$36.5 million the year before. The marked improvement in topline performance was driven by the higher average selling prices and stronger sales volume. Shares of the counter closed up 1.9 per cent or S$0.03 at S$1.60 on Friday.\nCapitaLand Integrated Commercial Trust (CICT): Its manager said on Friday that OGS LLP will divest its entire stake in One George Street to SG OGS, a private limited company, for S$1.28 billion, or approximately S$2,875 per square foot. CICT will receive approximately S$640.7 million, or 50 per cent of the consideration for the sale. Units of CICT rose S$0.02 or 0.9 per cent to close at S$2.17 on Friday, before the announcement.\nHATTEN LAND LIMITED : (PH0) The Catalist-listed construction company on Sunday (Nov 14) posted a net loss of RM16 million (S$5.2 million) for its first quarter ended Sep 30, narrowing from RM16.6 million in the year-ago period. This translates to a loss per share of 1 sen. No dividend has been declared for this financial period. Shares of Hatten Land closed flat at 6.2 Singapore cents on Friday (Nov 12).\nADDVALUE TECHNOLOGIES LTD : (A31) The communications equipment company's net loss for the first half ending Sep 30 stood at US$1.1 million, narrowing from US$1.5 million in the same period last year, the mainboard-listed company said in a bourse filing on Sunday (Nov 14). Shares traded flat at 1.4 Singapore cents on Friday's (Nov 12) close.\nBUKIT SEMBAWANG ESTATES LTD : (B61) The property developer reported on Friday (Nov 13) that its net profit for the first half ending Sep 30 fell 28 per cent to S$53.4 million, from S$73.7 million the year before. Net cash used in financing activities amounted to S$175.8 million, mainly for dividend payments and full repayment of borrowings relating to The Atelier. Shares ended 4 cents or 0.8 per cent lower at S$5.18 on Friday (Nov 12).\nBUMITAMA AGRI LTD. : (P8Z) The palm oil producer on Friday (Nov 12) recorded 588.7 billion rupiah in net profit for the third quarter ended September, marking an all-time high as prices of the commodity boom globally. Shares closed flat at S$0.555 on Friday, before the announcement was made.\nUMS HOLDINGS LIMITED : (558) The investment holding company on Friday (Nov 12) posted that its net profit rose to S$15.1 million for its third quarter ended Sep 30, 2021, up 17 per cent from the S$12.9 million posted last year. It proposed an interim dividend of S$0.01 cent per share for Q3 FY201, up from S$0.005 per share paid in the same period last year. UMS shares rose 5.3 per cent, or S$0.07 to close at S$1.38, before the business update was released.\nBOUSTEAD SINGAPORE LIMITED : (F9D) The engineering services group on Friday (Nov 12) posted a 2 per cent drop in net profit to S$21.3 million for the half-year ended September, thanks to the resumption of \"more normalised\" revenue recognition at its real estate unit, Boustead Projects. The group has declared an interim dividend of 1.5 Singapore cents per share, up from 1 Singapore cent per share in the year-ago period. Its shares closed at S$1.04, up 4 per cent, before the business update was released.\nTrading halts:\nSPH and SPH have both called for trading halts on Monday (Nov 15), shortly after Cuscaden submitted a revised offer of S$2.40 per share. Both SPH and Cuscaden have also entered into an implementation agreement to privatise the former company via a scheme of arrangement. Shares of SPH (T39) closed at S$2.33 on Friday (Nov 12)'s close, up S$0.02 or 0.87 per cent. Meanwhile, shares of SPH Reit (SK6U) closed at S$1.02 on Friday (Nov 12)'s close, up S$0.01 or 0.99 per cent.\nNew Silkroutes also called for a trading halt on Monday (Nov 15), pending the release of an announcement. Shares of thinly-traded stock last closed unchanged on Nov 12 at S$0.075.","news_type":1},"isVote":1,"tweetType":1,"viewCount":582,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873224935,"gmtCreate":1636950839338,"gmtModify":1636950839338,"author":{"id":"4099671041878530","authorId":"4099671041878530","name":"eksp","avatar":"https://static.tigerbbs.com/0859d8e6d94efd990b8eea163b06f576","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Time to buy more shares ","listText":"Time to buy more shares ","text":"Time to buy more shares","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/873224935","repostId":"2183041252","repostType":2,"repost":{"id":"2183041252","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1636938780,"share":"https://www.laohu8.com/m/news/2183041252?lang=&edition=full","pubTime":"2021-11-15 09:13","market":"us","language":"en","title":"Elon Musk sold $6.9 billion in Tesla stock last week, and shares had their worst week in more than a year","url":"https://stock-news.laohu8.com/highlight/detail?id=2183041252","media":"Dow Jones","summary":"Tesla stock suffered its fourth worst week in history as CEO sold more than 6 million shares, with s","content":"<p>Tesla stock suffered its fourth worst week in history as CEO sold more than 6 million shares, with stated plans to sell much more</p>\n<p>Billionaire Elon Musk sold nearly $2 billion in Tesla Inc. stock on Thursday and Friday for $6.9 billion total on the week, which happened to be the worst for Tesla stock in more than a year.</p>\n<p>Filings with the Securities and Exchange Commission made public Friday showed Musk sold more than 600,000 Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> shares on Thursday, and exactly 1.2 million in Friday's trading session, taking in a combined total of nearly $2 billion. The sales follow disclosures earlier this week that the electric vehicle car maker's chief executive sold more than 4.5 million Tesla shares for roughly $5 billion.</p>\n<p>The world's richest man asked his <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> followers last week if he should sell 10% of his 170 million-plus shares, and the answer was yes. After selling about 6.3 million shares this week, Musk would still not be halfway to that goal, and would only be less than a third of the way there if he does not count his Monday sales, which were from options he exercised and made by a predetermined plan in order to pay the taxes on those options.</p>\n<p>Tesla stock had its worst week since the markets swooned at the beginning of the COVID-19 pandemic in March 2020; three weeks in February and March of last year are the only weeks worse than the <a href=\"https://laohu8.com/S/AONE.U\">one</a> Tesla just had, adjusted for stock splits. Shares declined 15.4% in total on the week, snapping a streak of 11 straight weekly gains.</p>\n<p>In the first Form 4 SEC filings released on Friday, Musk disclosed he sold 639,737 shares in the open market on Thursday, in a series of transactions at prices ranging from $1,104.01 down to $1,056.318. On Thursday, the stock had rallied as much as 3.5% to an intraday high of $1,104.97 before reversing course to fall as much as 1.2% to a low of $1,054.68 before closing down 0.4% at $1,063.51.</p>\n<p>The weighted average price of the 44 sale transactions recorded in two separate filings was $1,074.343, according to a MarketWatch calculation.</p>\n<p>The filings show Musk was the indirect owner of the shares sold, as trustee of the Elon Musk Revocable Trust.</p>\n<p>After the weekly sales, the filings say Musk is still indirect owner of 166,285,682 shares, valued at $171.8 billion at current prices. Tesla ended the week with a market capitalization of $1.04 trillion, enough to make it the fifth most valuable U.S. company.</p>\n<p>Despite the recent weakness, Tesla's stock has still soared 41.7% over the past three months while the S&P 500 index has gained 4.8%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk sold $6.9 billion in Tesla stock last week, and shares had their worst week in more than a year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk sold $6.9 billion in Tesla stock last week, and shares had their worst week in more than a year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-11-15 09:13</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Tesla stock suffered its fourth worst week in history as CEO sold more than 6 million shares, with stated plans to sell much more</p>\n<p>Billionaire Elon Musk sold nearly $2 billion in Tesla Inc. stock on Thursday and Friday for $6.9 billion total on the week, which happened to be the worst for Tesla stock in more than a year.</p>\n<p>Filings with the Securities and Exchange Commission made public Friday showed Musk sold more than 600,000 Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> shares on Thursday, and exactly 1.2 million in Friday's trading session, taking in a combined total of nearly $2 billion. The sales follow disclosures earlier this week that the electric vehicle car maker's chief executive sold more than 4.5 million Tesla shares for roughly $5 billion.</p>\n<p>The world's richest man asked his <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> followers last week if he should sell 10% of his 170 million-plus shares, and the answer was yes. After selling about 6.3 million shares this week, Musk would still not be halfway to that goal, and would only be less than a third of the way there if he does not count his Monday sales, which were from options he exercised and made by a predetermined plan in order to pay the taxes on those options.</p>\n<p>Tesla stock had its worst week since the markets swooned at the beginning of the COVID-19 pandemic in March 2020; three weeks in February and March of last year are the only weeks worse than the <a href=\"https://laohu8.com/S/AONE.U\">one</a> Tesla just had, adjusted for stock splits. Shares declined 15.4% in total on the week, snapping a streak of 11 straight weekly gains.</p>\n<p>In the first Form 4 SEC filings released on Friday, Musk disclosed he sold 639,737 shares in the open market on Thursday, in a series of transactions at prices ranging from $1,104.01 down to $1,056.318. On Thursday, the stock had rallied as much as 3.5% to an intraday high of $1,104.97 before reversing course to fall as much as 1.2% to a low of $1,054.68 before closing down 0.4% at $1,063.51.</p>\n<p>The weighted average price of the 44 sale transactions recorded in two separate filings was $1,074.343, according to a MarketWatch calculation.</p>\n<p>The filings show Musk was the indirect owner of the shares sold, as trustee of the Elon Musk Revocable Trust.</p>\n<p>After the weekly sales, the filings say Musk is still indirect owner of 166,285,682 shares, valued at $171.8 billion at current prices. Tesla ended the week with a market capitalization of $1.04 trillion, enough to make it the fifth most valuable U.S. company.</p>\n<p>Despite the recent weakness, Tesla's stock has still soared 41.7% over the past three months while the S&P 500 index has gained 4.8%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2183041252","content_text":"Tesla stock suffered its fourth worst week in history as CEO sold more than 6 million shares, with stated plans to sell much more\nBillionaire Elon Musk sold nearly $2 billion in Tesla Inc. stock on Thursday and Friday for $6.9 billion total on the week, which happened to be the worst for Tesla stock in more than a year.\nFilings with the Securities and Exchange Commission made public Friday showed Musk sold more than 600,000 Tesla $(TSLA)$ shares on Thursday, and exactly 1.2 million in Friday's trading session, taking in a combined total of nearly $2 billion. The sales follow disclosures earlier this week that the electric vehicle car maker's chief executive sold more than 4.5 million Tesla shares for roughly $5 billion.\nThe world's richest man asked his Twitter followers last week if he should sell 10% of his 170 million-plus shares, and the answer was yes. After selling about 6.3 million shares this week, Musk would still not be halfway to that goal, and would only be less than a third of the way there if he does not count his Monday sales, which were from options he exercised and made by a predetermined plan in order to pay the taxes on those options.\nTesla stock had its worst week since the markets swooned at the beginning of the COVID-19 pandemic in March 2020; three weeks in February and March of last year are the only weeks worse than the one Tesla just had, adjusted for stock splits. Shares declined 15.4% in total on the week, snapping a streak of 11 straight weekly gains.\nIn the first Form 4 SEC filings released on Friday, Musk disclosed he sold 639,737 shares in the open market on Thursday, in a series of transactions at prices ranging from $1,104.01 down to $1,056.318. On Thursday, the stock had rallied as much as 3.5% to an intraday high of $1,104.97 before reversing course to fall as much as 1.2% to a low of $1,054.68 before closing down 0.4% at $1,063.51.\nThe weighted average price of the 44 sale transactions recorded in two separate filings was $1,074.343, according to a MarketWatch calculation.\nThe filings show Musk was the indirect owner of the shares sold, as trustee of the Elon Musk Revocable Trust.\nAfter the weekly sales, the filings say Musk is still indirect owner of 166,285,682 shares, valued at $171.8 billion at current prices. Tesla ended the week with a market capitalization of $1.04 trillion, enough to make it the fifth most valuable U.S. company.\nDespite the recent weakness, Tesla's stock has still soared 41.7% over the past three months while the S&P 500 index has gained 4.8%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873226032,"gmtCreate":1636950545349,"gmtModify":1636950545349,"author":{"id":"4099671041878530","authorId":"4099671041878530","name":"eksp","avatar":"https://static.tigerbbs.com/0859d8e6d94efd990b8eea163b06f576","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/873226032","repostId":"2183043839","repostType":2,"repost":{"id":"2183043839","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1636826160,"share":"https://www.laohu8.com/m/news/2183043839?lang=&edition=full","pubTime":"2021-11-14 01:56","market":"hk","language":"en","title":"'Live your life like Elon Musk': Why some financial advisers say it's worth weighing end-of-year stock sales -- just like the Tesla CEO is doing","url":"https://stock-news.laohu8.com/highlight/detail?id=2183043839","media":"Dow Jones","summary":"MW 'Live your life like Elon Musk': Why some financial advisers say it's worth weighing end-of-year ","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW 'Live your life like Elon Musk': Why some financial advisers say it's worth weighing end-of-year stock sales -- just like the Tesla CEO is doing\n</p>\n<p>\n By Charles Passy \n</p>\n<p>\n The Tesla CEO is considering selling some of his shares. Financial professionals say there's a lesson in that for all investors. \n</p>\n<p>\n When Elon Musk polled his <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> followers over the weekend about whether or not he should sell his Tesla stock, it might have seemed like the typical oddball move for the billionaire entrepreneur. \n</p>\n<p>\n But financial professionals said Musk's tweet was possibly driven by the desire to employ a smart, end-of-year tax strategy. And they note that investors might be wise to follow the Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> CEO's lead in a certain respect, and take a hard look at their portfolios before Dec. 31. \n</p>\n<p>\n Or, as Richard Austin, a financial adviser with the Massachusetts-based firm Integrated Partners, simply put it: \"Live your life like Elon Musk\" -- even if you don't have Musk-level riches. \n</p>\n<p>\n In Musk's tweet, he addressed the question of unrealized capital gains being \"a means of tax avoidance\" -- something that has been discussed as part of tax-reform initiatives -- and he proposed selling 10% of his Tesla stock. Of the 3.5 million followers who responded, 58% said he should indeed sell. \n</p>\n<p>\n As financial pundits have already noted, Musk is actually in a situation where he almost has no choice but to sell: He has stock options -- on nearly 23 million shares -- that will expire in August 2022. And Musk previously signaled his intention to sell a \"huge block\" in the fourth quarter of this year. CNBC noted that Musk's options would generate a gain of nearly $28 billion (based on Friday's market close) and that the tax bill on the sale could be around $15 billion. \n</p>\n<p>\n Musk could exercise all his stock options this year. Or he could do so next year. But some financial professionals think his strategy may be to split the sale across two years for tax purposes. Ultimately, Musk won't likely be saving on his overall tax hit -- he's in the highest income bracket, so he'll have to pay the government the full freight no matter what over time. But by splitting the sale between 2021 and 2022, he'll be able to hold on to some of those billions a little longer for whatever use he might have in mind. \n</p>\n<p>\n In other words, it's about weighing the opportunity cost, said Harry Kirkpatrick, a financial planner with Facet Wealth, a virtual financial-planning firm. \"What could he take that money and invest it in?\" said Kirkpatrick. \n</p>\n<p>\n At the same time, by not selling all at once, Musk may be avoiding dinging Tesla's stock price as severely, financial professionals said. Typically, any large sale -- or potential sale -- by a company's executive can have a negative effect on stock price. As it is, Tesla shares have already declined by more than 10% since Friday's close. \n</p>\n<p>\n Given this possible scenario regarding Musk's thinking, there are key takeaways for investors to consider when it comes to their own holdings, financial professionals said. \n</p>\n<p>\n First, for investors who specifically have stock options, Austin said tax implications should always be kept in mind in terms of when to exercise. Investors at lower tax brackets may unwittingly put themselves into higher ones if they exercise all at once, he explained, so the staggered approach could work to their tax advantage. \n</p>\n<p>\n But otherwise, professionals said investors should always take a close look at their portfolios heading into the end of a year. In particular, they may want to sell stocks that have declined to offset any gains taken in the past year. \n</p>\n<p>\n True, it's sometimes hard to part with a long-held stock, particularly if there's hope for a turnaround. But professionals said investors can always consider buying that stock back at a later time, keeping in mind the IRS \"wash sale rule\" that requires waiting a certain period. \n</p>\n<p>\n Investors can also consider buying something else in the intervening period that speaks to a similar investment aim. \"If you're selling Intel, you can buy the semiconductor index,\" said Clark Kendall, president of Kendall Capital, a Maryland-based firm. \n</p>\n<p>\n The broader point is that owning stocks indeed comes with a host of tax questions and concerns, professionals said. And that could be what's driving Elon Musk's end-of-year thinking. \n</p>\n<p>\n \"Ultimately, what he's doing is a microcosm of what all investors should be doing. They should be making tax-efficient decisions,\" said Kirkpatrick. \n</p>\n<p>\n -Charles Passy \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n November 13, 2021 12:56 ET (17:56 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Live your life like Elon Musk': Why some financial advisers say it's worth weighing end-of-year stock sales -- just like the Tesla CEO is doing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'Live your life like Elon Musk': Why some financial advisers say it's worth weighing end-of-year stock sales -- just like the Tesla CEO is doing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-11-14 01:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW 'Live your life like Elon Musk': Why some financial advisers say it's worth weighing end-of-year stock sales -- just like the Tesla CEO is doing\n</p>\n<p>\n By Charles Passy \n</p>\n<p>\n The Tesla CEO is considering selling some of his shares. Financial professionals say there's a lesson in that for all investors. \n</p>\n<p>\n When Elon Musk polled his <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> followers over the weekend about whether or not he should sell his Tesla stock, it might have seemed like the typical oddball move for the billionaire entrepreneur. \n</p>\n<p>\n But financial professionals said Musk's tweet was possibly driven by the desire to employ a smart, end-of-year tax strategy. And they note that investors might be wise to follow the Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> CEO's lead in a certain respect, and take a hard look at their portfolios before Dec. 31. \n</p>\n<p>\n Or, as Richard Austin, a financial adviser with the Massachusetts-based firm Integrated Partners, simply put it: \"Live your life like Elon Musk\" -- even if you don't have Musk-level riches. \n</p>\n<p>\n In Musk's tweet, he addressed the question of unrealized capital gains being \"a means of tax avoidance\" -- something that has been discussed as part of tax-reform initiatives -- and he proposed selling 10% of his Tesla stock. Of the 3.5 million followers who responded, 58% said he should indeed sell. \n</p>\n<p>\n As financial pundits have already noted, Musk is actually in a situation where he almost has no choice but to sell: He has stock options -- on nearly 23 million shares -- that will expire in August 2022. And Musk previously signaled his intention to sell a \"huge block\" in the fourth quarter of this year. CNBC noted that Musk's options would generate a gain of nearly $28 billion (based on Friday's market close) and that the tax bill on the sale could be around $15 billion. \n</p>\n<p>\n Musk could exercise all his stock options this year. Or he could do so next year. But some financial professionals think his strategy may be to split the sale across two years for tax purposes. Ultimately, Musk won't likely be saving on his overall tax hit -- he's in the highest income bracket, so he'll have to pay the government the full freight no matter what over time. But by splitting the sale between 2021 and 2022, he'll be able to hold on to some of those billions a little longer for whatever use he might have in mind. \n</p>\n<p>\n In other words, it's about weighing the opportunity cost, said Harry Kirkpatrick, a financial planner with Facet Wealth, a virtual financial-planning firm. \"What could he take that money and invest it in?\" said Kirkpatrick. \n</p>\n<p>\n At the same time, by not selling all at once, Musk may be avoiding dinging Tesla's stock price as severely, financial professionals said. Typically, any large sale -- or potential sale -- by a company's executive can have a negative effect on stock price. As it is, Tesla shares have already declined by more than 10% since Friday's close. \n</p>\n<p>\n Given this possible scenario regarding Musk's thinking, there are key takeaways for investors to consider when it comes to their own holdings, financial professionals said. \n</p>\n<p>\n First, for investors who specifically have stock options, Austin said tax implications should always be kept in mind in terms of when to exercise. Investors at lower tax brackets may unwittingly put themselves into higher ones if they exercise all at once, he explained, so the staggered approach could work to their tax advantage. \n</p>\n<p>\n But otherwise, professionals said investors should always take a close look at their portfolios heading into the end of a year. In particular, they may want to sell stocks that have declined to offset any gains taken in the past year. \n</p>\n<p>\n True, it's sometimes hard to part with a long-held stock, particularly if there's hope for a turnaround. But professionals said investors can always consider buying that stock back at a later time, keeping in mind the IRS \"wash sale rule\" that requires waiting a certain period. \n</p>\n<p>\n Investors can also consider buying something else in the intervening period that speaks to a similar investment aim. \"If you're selling Intel, you can buy the semiconductor index,\" said Clark Kendall, president of Kendall Capital, a Maryland-based firm. \n</p>\n<p>\n The broader point is that owning stocks indeed comes with a host of tax questions and concerns, professionals said. And that could be what's driving Elon Musk's end-of-year thinking. \n</p>\n<p>\n \"Ultimately, what he's doing is a microcosm of what all investors should be doing. They should be making tax-efficient decisions,\" said Kirkpatrick. \n</p>\n<p>\n -Charles Passy \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n November 13, 2021 12:56 ET (17:56 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2183043839","content_text":"MW 'Live your life like Elon Musk': Why some financial advisers say it's worth weighing end-of-year stock sales -- just like the Tesla CEO is doing\n\n\n By Charles Passy \n\n\n The Tesla CEO is considering selling some of his shares. Financial professionals say there's a lesson in that for all investors. \n\n\n When Elon Musk polled his Twitter followers over the weekend about whether or not he should sell his Tesla stock, it might have seemed like the typical oddball move for the billionaire entrepreneur. \n\n\n But financial professionals said Musk's tweet was possibly driven by the desire to employ a smart, end-of-year tax strategy. And they note that investors might be wise to follow the Tesla $(TSLA)$ CEO's lead in a certain respect, and take a hard look at their portfolios before Dec. 31. \n\n\n Or, as Richard Austin, a financial adviser with the Massachusetts-based firm Integrated Partners, simply put it: \"Live your life like Elon Musk\" -- even if you don't have Musk-level riches. \n\n\n In Musk's tweet, he addressed the question of unrealized capital gains being \"a means of tax avoidance\" -- something that has been discussed as part of tax-reform initiatives -- and he proposed selling 10% of his Tesla stock. Of the 3.5 million followers who responded, 58% said he should indeed sell. \n\n\n As financial pundits have already noted, Musk is actually in a situation where he almost has no choice but to sell: He has stock options -- on nearly 23 million shares -- that will expire in August 2022. And Musk previously signaled his intention to sell a \"huge block\" in the fourth quarter of this year. CNBC noted that Musk's options would generate a gain of nearly $28 billion (based on Friday's market close) and that the tax bill on the sale could be around $15 billion. \n\n\n Musk could exercise all his stock options this year. Or he could do so next year. But some financial professionals think his strategy may be to split the sale across two years for tax purposes. Ultimately, Musk won't likely be saving on his overall tax hit -- he's in the highest income bracket, so he'll have to pay the government the full freight no matter what over time. But by splitting the sale between 2021 and 2022, he'll be able to hold on to some of those billions a little longer for whatever use he might have in mind. \n\n\n In other words, it's about weighing the opportunity cost, said Harry Kirkpatrick, a financial planner with Facet Wealth, a virtual financial-planning firm. \"What could he take that money and invest it in?\" said Kirkpatrick. \n\n\n At the same time, by not selling all at once, Musk may be avoiding dinging Tesla's stock price as severely, financial professionals said. Typically, any large sale -- or potential sale -- by a company's executive can have a negative effect on stock price. As it is, Tesla shares have already declined by more than 10% since Friday's close. \n\n\n Given this possible scenario regarding Musk's thinking, there are key takeaways for investors to consider when it comes to their own holdings, financial professionals said. \n\n\n First, for investors who specifically have stock options, Austin said tax implications should always be kept in mind in terms of when to exercise. Investors at lower tax brackets may unwittingly put themselves into higher ones if they exercise all at once, he explained, so the staggered approach could work to their tax advantage. \n\n\n But otherwise, professionals said investors should always take a close look at their portfolios heading into the end of a year. In particular, they may want to sell stocks that have declined to offset any gains taken in the past year. \n\n\n True, it's sometimes hard to part with a long-held stock, particularly if there's hope for a turnaround. But professionals said investors can always consider buying that stock back at a later time, keeping in mind the IRS \"wash sale rule\" that requires waiting a certain period. \n\n\n Investors can also consider buying something else in the intervening period that speaks to a similar investment aim. \"If you're selling Intel, you can buy the semiconductor index,\" said Clark Kendall, president of Kendall Capital, a Maryland-based firm. \n\n\n The broader point is that owning stocks indeed comes with a host of tax questions and concerns, professionals said. And that could be what's driving Elon Musk's end-of-year thinking. \n\n\n \"Ultimately, what he's doing is a microcosm of what all investors should be doing. They should be making tax-efficient decisions,\" said Kirkpatrick. \n\n\n -Charles Passy \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n November 13, 2021 12:56 ET (17:56 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}