Elon Musk has announced that he will purchase $Coca-Cola (KO.US)$ in order to restore the ‘cocaine’ in the beverage.
Elon Musk launched his next venture just days after purchasing Twitter. The outspoken Tesla CEO stated that he would soon purchase Coca-Cola in order to reintroduce “cocaine.”
He tweeted, “Next I’m buying Coca-Cola to put the cocaine back in.” $Tesla (TSLA.US)$

A Singapore billionaire has quietly accumulated $Tesla (TSLA.US)$ shares until he is currently its third largest individual shareholder. He sold all his other stocks $NVIDIA (NVDA.US)$  $Baidu (BIDU.US)$  $NIO Inc (NIO.US)$ and focused solely on Tesla, doubling down even when the market plunged. His story is inspiring but my risk appetite is lower and I don’t think I can bet so much on a single stock like he did.
If I had a $1 million windfall, I would put 90% of it in an S&P ETF like $Vanguard S&P 500 ETF (VOO.US)$, $SPDR S&P 500 ETF (SPY.US)$ and $iShares Core S&P 500 ETF (IVV.US)$  and 5% in Treasury bills. The remaining 5% will be reserved for stocks that I think have the potential to become the next $Amazon (AMZN.US)$ , $Tesla (TSLA.US)$, $Sea (SE.US)$ ,  $Apple (AAPL.US)$ and $Microsoft (MSFT.US)$ .
VOO:
Oracle of Omaha, Warren Buffet, feels that stock picking is difficult for the average person to suceed at and recommends investing in a low cost S&P 500 index fund. Indeeed, research has shown that few people and funds can consistently beat the market. Practising what he preaches, Buffet has instructed the trustee for his estate to place 90% of his money in $S&P 500 Index (.SPX.US)$ and 10% in Treasury bills for his wife upon his death.
S&P 500 tracks the performance of 500 largest companies in the US $Amazon (AMZN.US)$  $Apple (AAPL.US)$  $Netflix (NFLX.US)$  $Meta Platforms (FB.US)$ $Alphabet-A (GOOGL.US)$   $Alphabet-C (GOOG.US)$  $Moderna (MRNA.US)$ so one can leverage on the performance of some of the best companies in the world and achieve diversification at the same time. The importance of diversification cannot be overstated as it smooths out fluctuations in the overall portfolio value. Declines in some sectors will be offset by growth in other sectors.
The average annual return of S&P 500 from 2012 to 2021 is around 14%. The actual return is dependent on timing (the cost price) which can be influenced by emotions. As it is difficult to time the market, I would do dollar cost averaging to average out my costs.
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Disclaimer: The above is my personal opinion.It is not financial advice or a recommendation to invest. Please consult your financial advisor before making any investment decision.
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