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Originally Posted by CRCRFT78
I only use Facebook as an example because they're the most current IPO that I know of. I'm wondering if its a wise move to jump aboard in the beginning and hope there is future growth along with a decent paying dividend for the long haul. The problem I see with something like a Facebook is that eventually another social media site will/may surpass it. Like what Facebook did to MySpace. But a good company with a solid background and business plan with an IPO might be a wiser choice. I guess its just the luck of the draw. No one knows what the next big thing will be or how to time the market.
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Newbie here...I guess there is always arun up on some of these things, but it doesn't seem to be long term investing...More like you said, timing to get in..But then will you hold it long term ? Most of them do flounder, but someone made tons..
But I just stay out of that..
