4 ms·

So i bought in, who knows where this will go though :) One of my hopes it that just like NFLX, once the company focuses on producing / licensing it's own conte

by verelo 9y ago

So i bought in, who knows where this will go though :) One of my hopes it that just like NFLX, once the company focuses on producing / licensing it's own content they can do really well. I'm interested in hearing what others have to say on this! Did you buy, will you buy? Why?

browie 9y ago
I don't know much about buying shares but I would like to buy in and invest. Care to give me feedback on that? Where did you buy in?
- praneshp 9y ago
  I don't know too much about buying shares, but anyone that knows less than even me should not be buying individual stocks (that too based on IPO day hype). https://www.bogleheads.org/wiki/Getting_started https://www.bogleheads.org/wiki/Getting_started
  - KozmoNau7 9y ago
    Absolutely. Buy index funds, don't worry so much about fluctuations, keep a long-term perspective.
    - verelo 9y ago
      I agree with the above two remarks. In my situation the money i “experiment” with at an individual stock level is not relevant to my end of work plan. I assume the spend is as healthy as buying a sports car, and while I’d love to be wrong, I’d encourage you to buy index funds and treat individual stock picks in the same manner.
- verelo 9y ago
  Yeah i have no good advice other than to buy into the indexes. If you’re picking stocks it better be for fun, in my case that’s what it is.
giarc 9y ago
>once the company focuses on producing / licensing it's own content they can do really well. I think the issue is that music content is so much more than just streaming. Musicians want a label that can also help with promotion, touring, merchandise, radio play, tv/movie placements. I'm not sure Spotify has experience with that. Therefore musicians will have to sign one deal for (All Items - Streaming), and a Streaming License. Are the major labels going to agree to that?
SirLJ 9y ago
Where did you buy? Did you sell already? The price is going down pretty much since the open...
- verelo 9y ago
  ~$160 - I’ll sit on these for years, the price here is likely irrelevant to the long term.
  - SirLJ 9y ago
    I hope you are right and good luck!
skinnymuch 9y ago
If you don’t mind answering, what price did you buy in at)m? I’m watching the stock right now.
- verelo 9y ago
  Answered below.

by verelo 9y ago

browie 9y ago

I don't know much about buying shares but I would like to buy in and invest. Care to give me feedback on that? Where did you buy in?

praneshp 9y ago
I don't know too much about buying shares, but anyone that knows less than even me should not be buying individual stocks (that too based on IPO day hype). https://www.bogleheads.org/wiki/Getting_started https://www.bogleheads.org/wiki/Getting_started
- KozmoNau7 9y ago
  Absolutely. Buy index funds, don't worry so much about fluctuations, keep a long-term perspective.
  - verelo 9y ago
    I agree with the above two remarks. In my situation the money i “experiment” with at an individual stock level is not relevant to my end of work plan. I assume the spend is as healthy as buying a sports car, and while I’d love to be wrong, I’d encourage you to buy index funds and treat individual stock picks in the same manner.
verelo 9y ago
Yeah i have no good advice other than to buy into the indexes. If you’re picking stocks it better be for fun, in my case that’s what it is.

giarc 9y ago

>once the company focuses on producing / licensing it's own content they can do really well. I think the issue is that music content is so much more than just streaming. Musicians want a label that can also help with promotion, touring, merchandise, radio play, tv/movie placements. I'm not sure Spotify has experience with that. Therefore musicians will have to sign one deal for (All Items - Streaming), and a Streaming License. Are the major labels going to agree to that?

SirLJ 9y ago

Where did you buy? Did you sell already? The price is going down pretty much since the open...

verelo 9y ago
~$160 - I’ll sit on these for years, the price here is likely irrelevant to the long term.
- SirLJ 9y ago
  I hope you are right and good luck!

skinnymuch 9y ago

If you don’t mind answering, what price did you buy in at)m? I’m watching the stock right now.

verelo 9y ago
Answered below.