Sunday, April 22, 2012

Ready for Facebook IPO

They always talk about if you invested 10k in, something like Berkshire or Walmart or Apple or Microsoft back in the day and held it til the present you'd be a rich, rich guy. And everyone says, you have to have that spare 10k lying around and you have to know to pull the trigger.

Two conditions:
1. Have the 10k.
2. Know to pull the trigger.

Case Histories.

  • Berkshire. Before my time.
  • Walmart. Before my time. 
  • Apple. Bought too early. Prob. 3 or 4k worth of stocks. Market tanked, along with Apple. Panicked and sold at bottom. Two years later, Steve Jobs comes back, and the stock as shot straight upward ever since. 
  • Netflix. Had funds. Too late. 
  • Starbucks. Missed boat. 
  • Krispy Kreme. Missed boat. 
  • Google. Had funds. Scared off by the naysayers.
  • Chipolte. Had funds. Missed the IPO. 
  • Amazon. Had funds. Missed the boat. Didn't even think about it til too late. 
  • Microsoft. Missed the boat. Didn't think about it til too late. 
Which brings us to Facebook and its IPO. The two conditions are met.

I have the funds and I am ready to pull the trigger. We'll see how it turns out.

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