Wells Fargo is paying a 3.0% dividend right now... Tesla pays nothing. Tesla is also highly overrated according to everyone in the stock market. If it's a short-term thing, you may do OK... long term, you have to factor in the 3% you were making on Wells ($1,500/year) and compound that into the value.

Wells is still one of Warren Buffet's biggest holdings.

Travis


On 9/1/2016 5:55 PM, Chuck McCown wrote:
I am buying Tesla in the morning. Just dumped 1000 shares of Wells Fargo to do it.

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