Author Topic: All Things Money  (Read 3436 times)

0 Members and 1 Guest are viewing this topic.

Chiprocks1

  • Administrator
  • Hero Member
  • *****
  • Posts: 25865
  • Tell me a joke...
    • View Profile
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.
Chip's Rockin' Art
Michael Scott To Meredith: "You've slept with so many men, your starting to look like one. BOOM! Roasted! Go here.

 

Related Topics

  Subject / Started by Replies Last post
All Things Soda

Started by Chiprocks1 « 1 2 » Food

15 Replies
1403 Views
Last post September 23, 2014, 09:30:27 am
by Mac
All Things Science

Started by Mac « 1 2 » Off-Topic

20 Replies
735 Views
Last post July 09, 2014, 06:28:15 am
by Chiprocks1
3 Replies
223 Views
Last post July 24, 2014, 12:26:07 pm
by Mac
3 Replies
537 Views
Last post August 28, 2016, 06:42:28 pm
by Mac
1 Replies
154 Views
Last post November 13, 2016, 05:31:56 am
by Mac

Automatic Image Resize Code