I'm not RECOMMENDING it…. I'm just saying this for Investing 102.


NOW maybe it's time to start to take a small bite out of Facebook (FB). It's wild as far as a P/E @184 X's earnings… but they have now shown they have a mobile strategy and more importantly - they can monetize it.

For those young 'un's out there -- that have a grand or so to play with in their accounts… maybe it's time to look at this for a growth play.

Already started to nibble at it got 16 @ $32.15, and then again 12 @ $26.75

Nice way to average down Bob. That's good investing 102 right there!


If you loved it enough to buy at $33 -- and fundamentally nothing has changed and it's now at $26 -- why wouldn't you buy more! So good for you.

The way I look at those is that it has a new average cost of "X" (lower than your original cost) and now it has to move LESS to get me back to even.


Did I ever write about the $93,000 loss I took doing that?? Okay - that was extreme - and stupid - because there was a fundamental reason the stock was headed south… and I chose to ignore the info. My bad!

You told me about it, but probably didn't write about it.

My cost average is $29.83

Just about pulled the trigger on FB this morning at $47.05......it was swinging between 47-48 in the first 30 minutes of trading.........couldn't get comfortable..........

Symbol
FB
Last
51.415
Change
+2.405 (+4.91%)
Bid
51.41
Ask
51.42
High
51.42
Low
46.50
Volume
163,870,160
Time (ET)
1:07:25 PM

:bang: :bang:

I'm not buying it - don't use the product - and it doesn't fit my "dividend payers only" strategy (given my retirement status) and personally I think "social media" is something that can turn on a dime - as I've seen my own family switch from one to something else. That kind of fickleness bothers me… BUT FB seems to have quite the audience -- and actually seems to have evolved from teenie boppers to more main stream - especially given people like yourself using it. "More mature" users tend not to switch around…

the teens aren't as interested in facebook, cause they like the picture sharing more. Its the "look at me" generation. They will eventually join facebook when they go to college and move away to keep up with friends.

I wonder who owns instagram... oh yeah Facebook does. wait till the adds start popping up on instagram, more revenue for FB.

Maybe Jody could float an IPO for Lateral-G…..



I still just don't get the whole social media market --- and then I think about the time I spend on here - and all the SOCIAL stuff done here etc --- so then I get it.

Instagram has been the only way I could get any up to date info on my '33 build. I still don't understand how to use it -- and have killed off a couple things I was following because it's just info overload but I have really enjoyed seeing my car getting painted almost in real time.


YES --- KIDS THESE DAYS ARE THE MOST NARCISSISTIC GROUP EVER IN THE HISTORY OF THE UNIVERSE. I follow my own kids on Instagram -- and I'm embarrassed of the content they post… the pics of shoes - and cars - and watches and drinks and oh my…. But they ALL seem to post this kind of crappola. They have no money - they have no real hobbies they can indulge themselves in YET…. so they have to post whatever it is that turns 'em on at the moment I guess.

there 'ya go!!!!!!!!!! :D

My fellow Schwab-ers have probably seen that they're really pushing their "ThomasPartners" dividend growth strategy lately. It's a portfolio of only stocks with a strong dividend history. Thanks to the SEC, portfolios are public information...so I wanted to take a peek into what they are holding so I can start doing research for my 2014 purchases.

The attached photos is my markup of the ThomasPartners list. I put a "-" next to the stocks I have in common with them, and "circled" the names of the stocks I am going to research for a potential buy.

http://i207.photobucket.com/albums/b...pscd6e57a1.jpg

http://i207.photobucket.com/albums/b...ps8fe64608.jpg

Happy Halloween! :bur2: