Listen to Elon Musk’s advice about investments that will help you in long term

Elon Reeve Musk FRS is an entrepreneur, investor, and business magnate. He is the founder, CEO, and chief engineer at SpaceX; angel investor, CEO, and Product Architect of Tesla, Inc.; founder of The Boring Company; and co-founder of Neuralink and OpenAI.

After buying Twitter Musk gained 7 million new followers on Twitter. Users have been asking Elon about investments. Here’s what he said.

Since I’ve been asked a lot:

Buy stock in several companies that make products & services that *you* believe in.

Only sell if you think their products & services are trending worse. Don’t panic when the market does.

This will serve you well in the long-term.

— Elon Musk (@elonmusk) May 1, 2022

Purchase shares in a number of firms that produce products and services that *you* believe in. Only sell if you believe their products and services are deteriorating. When the market goes up, don’t freak out, said Musk.

Elon Musk, the world’s richest man, is a hair’s breadth away from purchasing one of the world’s most influential publishing platforms. That statement alone is remarkable.