4 ms·
Although I do not own a stock portfolio yet (it's on my financial to do list), I personally would be wary of owning Facebook stock at this moment or in the near
by jmsduran 15y ago
Although I do not own a stock portfolio yet (it's on my financial to do list), I personally would be wary of owning Facebook stock at this moment or in the near future.
People have been buzzing over a Facebook IPO for at least a year now, so when the moment comes you bet it will be a highly publicized event. Pre-IPO investing is already risky to begin with, and I have a feeling that all this media frenzy may make Facebook's stock unnecessarily volatile at the start.
Sure, the people buying in now may get lucky and see the stock rise in value, but it's also possible that this IPO may just turn out to be another Groupon. Although I'm still in my 20's, I'm not much of a risk taker when it comes to personal investments. Sorry, but I'll pass for now.
- mrkmcknz 15y agoIf you believe in a companies fundamentals and future outlook 'trading' volatility isn't an issue. Of course it will be when your buying options contracts or day trading, adding Facebook to a long term portfolio is a strong move. My main belief in Facebook stock comes from the fact Facebook is the company being built on top of at the minute, the ecosystem for Facebook is super strong. They just need to figure out how to monetize mobile.