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Author Topic: All Things Money  (Read 2144 times)

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Chiprocks1

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Re: All Things Money
« on: May 22, 2012, 09:37:22 am »
I initially thought about investing a little pocket change in FB, but in the end it didn't make any sense at all because as you pointed out, the shelf life for the company will dry up pretty fast. Think about it. First it was Myspace, then Twitter, then Facebook and now it seems to be Tumblr. All of these will be in the dust bin within a couple of years if not sooner, being replaced by something that has yet to be invented.

As for the steep drop in FB stock, I'm not surprised one bit. Everyone that became an instant millionaire was smart to cash out now when it would be at it's peak financially. This isn't G&E or IBM where it's gonna have legs to go the distance.
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