Here’s How Much Money You’d Have Today If You Bought $1,000 Of Tesla Stock In 2010
It’s our mission to make money matters a little less insane. We provide financial editorial content free for all and are supported by affiliate partners included in this post which earns us a commission. We hope you enjoy our content and subscribe to our newsletter.
Many people dream of having bought stock in huge companies like Microsoft, Apple, and Amazon back when they were just starting out. Even more recently, we think of companies like American electric vehicle manufacturer, Tesla.
Keep reading to find out how much a $1,000 modest investment in Tesla would be worth today and 7 ways to invest in the stock market and your future today.
In June 2010, Tesla launched its first initial public offering (IPO), issuing 13.3 million shares at a price of just $17 per share. With your $1,000 investment, you would have bought 58 shares in Tesla stock.
Tesla completed a 5-for-1 forward stock split in August 2020, so today, you’d also have 5 times the number of shares you bought back in 2010.
Over a decade later, Tesla’s share price is just roughly $672 per share (as of 5/7/21), making your initial investment valued at approximately $194,880!
7 Ways To Invest In The Stock Market & Your Future
1. Invest in the Stock Market with this App
The historical stock market average return is 10%, beating out any type of savings account.
Think you need to be wealthy to invest in the stock market? Think again. Today, you can invest with almost any amount — even $5!
That’s all it takes with Stash. This app was built to make investing easy and allows you to even invest in fractional shares if you’d like, so you can buy small pieces of your favorite companies — Apple, Amazon, Tesla, you name it — with as little as five bucks.
By creating a portfolio and funding it with at least $5, Stash will even deposit a $5 welcome bonus right into your new account.
Stash provides tools and so much more for all levels of investing needs.
To get started, sign up for Stash today and make your first deposit!
2.Let a Premeire Investment Firm Help You Invest
Imagine a premier investment firm, but built for everyone. That’s what Titan is.
It manages $500 million for 25,000 clients, and you can also gain access by opening and funding your account with just $100 to get started.
Wall Street caters to wealthy investors, so Titan was built for the rest of us.
Titan is a diverse team of veteran Wall Street investors, engineers, operations, investor relations, and product folks. Their employees and advisors have worked at some of the leading institutions in the world.
Titan doesn’t just invest your capital — they explain everything.
3. Protect Your Family With $1,000,000 or More
One of the smartest money moves you can make is to protect your family’s financial future. Many people underestimate how much money is needed to provide for their families after they die. This is why life insurance is a must.
The older you are, the more expensive life insurance becomes. And because today is the youngest you’ll ever be, there’s no better time than today to get a life insurance policy.
And with Ladder, it’s easy. All you need is 5 minutes to complete the company’s application form, and you won’t even need to provide a medical exam or fill out physical paperwork.
Plans start at just $12 a month — a price that most people can afford. Plus, Ladder offers coverage up to $8 million. That’s more than enough to make sure your family is taken care of if you were to pass unexpectedly.
Your premium might be higher tomorrow, so don’t wait to get life insurance. Apply for Ladder life insurance today and find out how affordable life insurance can be.
4. Save Hundreds Right Now On Your Car Insurance & Free Up More Investment Cash
While auto insurance is a necessity, it can also be pretty expensive. But it doesn’t have to be — you might be able to save hundreds on your auto insurance this year.
Let EverQuote tell you in two minutes if this is possible. This site will return multiple auto insurance quotes for you to compare in one place.
That’s a lot of time you’ll save. Just fill out a quick questionnaire.
If you find cheaper insurance than you currently have, EverQuote can help make the switch super easy.
It might save you hundreds of dollars a year.
5. Potentially Save Thousands on Your Mortgage With This Simple Move
Your house is probably your biggest investment, which means it’s also one of your greatest opportunities to save money.
By refinancing, you could potentially save thousands of dollars on your house. Here’s how it works — you find a new home loan that, ideally, has a lower interest rate and better terms, and then use it to replace your current home loan. Sounds simple enough, right?
Because it is. And with Figure, you can check your mortgage refinance rates in just a few clicks without even impacting your credit score!
Find a loan with a lower interest rate and apply with Figure’s 100% online application. Once you’re approved, Figure will help you close out your new loan quickly so that you can start enjoying your new savings as soon as possible.
To start, check your mortgage refinance rates with Figure today and find out how much you could be saving on your house!
Figure Mortgage Refinance is only available in the following states: AK, AL, AR, AZ, CA, DE, FL, GA, IA, ID, IN, KS, LA, MA, MI, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, OH, OK, OR, PA, SD, TN, WA, WI, WV.
6. Get Rid Of Credit Card Debt
Credit cards often come with extremely high interest rates that keep users trapped in debt.
If you have credit card debt, you could eliminate it today by getting a personal loan through Credible.
By getting a personal loan that has a lower interest rate and using it to wipe out your credit card debt, you’ll be left with lower payments going forward.
This marketplace will find you multiple offers on personal loans. Run a search, compare all your options conveniently in one place, and find personal loan options that range from $600 to $100,000.
All it takes is two minutes to check out your rates with Credible and potentially find a loan that wipes out your credit card debt and saves you thousands.
7. Diversify Your Investments
Diversification is typically a good thing. But for a long time, it was difficult to get exposure to asset classes outside of stocks and real estate unless you had tons of money.
For years, blue-chip artwork was an area that only the super-rich could get involved in. But Masterworks has made it so that anyone can get started investing in top-tier pieces!
Investing in blue-chip artwork — which, according to Artprice, has outperformed the S&P by more than 250% from 2000 – 2018 — might be a good way to diversify your investments and safeguard your money in a fluctuating economy.
Here’s how it works. On the platform, you can invest in a portfolio of iconic works that have been carefully crafted by Masterworks’ team of research professionals. You can wait for Masterworks to sell the artwork at some point during the next 3-10 years, or you have the option to sell your shares to other investors on Masterworks’ secondary market.
You’ll only need to pay a small management fee, and in return, you’ll get all administrative costs covered, professional storage, insurance, regulatory filings, and annual appraisals.
To start investing, simply request an invite for membership today!
See important disclaimer: masterworks.io/disclaimer
8. Save Money with Deals up to 95% Off on Everyday Purchases
When was the last time you saved 95% on a purchase?
Probably not any time recently. Yet these are the kinds of deals you can find with VOICED Market.
On the platform’s deals page, you’ll find some of the biggest savings opportunities on hot items. Then there’s the coupons page, which allows you to browse discounts across a wide range of categories, from food to entertainment and more.
And who doesn’t love a good freebie? VOICED Market’s freebies page is loaded with plenty of giveaways, free trials, and bonuses.
Subscribe to the VOICED Market newsletter to never miss a beat. You’ll get the rundown of exclusives, daily deals, coupons, and freebies delivered right to your inbox!