Facebook

[Schneed10]

Originally Posted by over the mountain

agreed (from what little knowledge I have). after your post, i might not wait 6 months or so ... sell half, keep other half permanently. my daughter has a ton of facebook as well.

when she goes to college in 15 years, will facebook even exist still or will it morph into a powerful conglomerate of buying power awesomeness? maybe i should leave all of her facebook alone and just wait and see.

man, I wish i had a time machine. (back to the future predicted 2015 world series - cubs sweep miami. Its 2015 and miami now has a MLB team ....?)


i paid for my senior year of college off of Oracle stock alone. got in at right time, got out at right time.


back to trolling for real.

While I'm not a financial advisor by trade I know they would tell you to be careful with stock investments if you're talking about money you know you'll need within a few years. That Oracle investment was clutch but these things can easily go south on you. It's wise not to put all your eggs in one basket, spread your money amongst several stocks and/or bonds to reduce the risk that your investment could completely tank.

With Facebook's PE ratio being what it is, it's not inconceivable to me that it loses 50% of its stock price in the next five years. It's also not inconceivable to me that they innovate and find a new way to take over the world, and grow it 100% over the next five years.

Point is you just don't know. So if you know you NEED the money for college soon, best to protect it.

If you can afford to gamble with it a bit, then by all means.