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After seeing what happened 10 years ago (or so) to the dot com stocks, I'd be hesitant.
Sorry, but I'll never take investment advice from you ever again.
Can't say as I blame you, there.
Although, I did quadruple 3 stocks over one year saving for a down for our house, so how bad can I be?
Now that DHS is allowed to mine all user info, Facebook will flatten out and eventually be replaced by something nicer.
Yeah I agree; but look at google. There was a time when we had the opportunity to buy it for 40 a share. Isn't it like 500 now? As insanely rare it is; most the time you are right.
I don't like the risk. Facebook is going public because it knows it has to now or forever hold it's peace. I do think you will get a return on your investment, but there are better opportunities out there right now
I was really interested in getting into facebook until I talked with my investment banker. He said if we had the opportunity to purchase the IPO before it went public; you can make good money. But after the first day of trading; he anticipates it being over valued by 40%. That is too big a risk for me.
I was really interested in getting into facebook until I talked with my investment banker. He said if we had the opportunity to purchase the IPO before it went public; you can make good money.
That's what Bono did, and he'll soon be the richest rock star on the planet.
He stands to make about 1 billion on his 90 mil investment in 2009.
http://news.yahoo.com/bonos-facebook-stake-set-him-richest-rock-star-165900680.html
Here is the best one, David Choe, an artist, painted a mural at FB 7 years ago. Her turned down cash in favor of stock. His shares could be worth 100-200 million after the IPO! I have a few things by him...maybe they'll shoot up in price now!
http://abcnews.go.com/blogs/busines...iti-artist-david-choe-into-multi-millionaire/
When I was 17 I inherited $7,000. I asked my dad what I should do with the money. He suggested investing it in a new startup company called Nike. Rather than doing that I bought a Chevy Vega and a bike and blew the rest.
Maybe that explains why, decades later, I live in a 900SF house.

Sorry, but I'll never take investment advice from you ever again.


Yes.
Two words: Washington Mutual
Oops! I already know how that ends. Lol
Let me guess: not well?
If its WM and you didn't short the stock; it went very bad.


