Investing 102

[Flash68]

Originally Posted by glassman

Not all toys loose money, but I dont see them as an investment either...

Mike

That's a great statement Mike and welcome.

[GregWeld]

Ah.......... the true beauty of dividend investing.... you can travel and never look at or read about what the market is doing... Just go about your life blissfully carrying all the bags of crap for your wife...

[GregWeld]

Here's an interesting take on Facebook (FB) === and is the reason I originally stated that I would NOT buy the shares. I did buy some on the IPO @ 38 - but promptly sold them for a loss once it was clear the IPO was an epic fail...

I've always said this kind of stuff is nothing but a fad. I can't own fads because I can't understand them nor can I predict their future/failure. Failure doesn't mean ZERO -- it just means that longer term they're irrelevant based on what everyone THOUGHT they'd be.


http://www.latimes.com/business/la-f...,5676320.story

[XLexusTech]

Originally Posted by GregWeld

Here's an interesting take on Facebook (FB) === and is the reason I originally stated that I would NOT buy the shares. I did buy some on the IPO @ 38 - but promptly sold them for a loss once it was clear the IPO was an epic fail...

I've always said this kind of stuff is nothing but a fad. I can't own fads because I can't understand them nor can I predict their future/failure. Failure doesn't mean ZERO -- it just means that longer term they're irrelevant based on what everyone THOUGHT they'd be.


http://www.latimes.com/business/la-f...,5676320.story

I am still faithful it will pan out. I have 150 shares @ 38. Long on FB. would be happy to make a few bucks and at least feel like i learned something.

One other basic investing strategy is to look for tax advantages. Do you have any thoughts on how to leverage tax exempt investments? I look for tax free Munis but that all i know about.

[GregWeld]

Originally Posted by XLexusTech

I am still faithful it will pan out. I have 150 shares @ 38. Long on FB. would be happy to make a few bucks and at least feel like i learned something.

One other basic investing strategy is to look for tax advantages. Do you have any thoughts on how to leverage tax exempt investments? I look for tax free Munis but that all i know about.

Be careful with tax frees -- there are many more "rules" than meet the eye... so be sure to check to see if they are both Federal and STATE / CITY etc tax free - and this will depend on your own tax laws where you live.

There is not much reason to invest in tax frees unless you are in the income bracket that "needs" that. There are calculations that need to be made to to see what rate you need to return tax free vs the rates for taxable etc... so this is something that needs a bit more than just a casual 'dabble' in info.

[ErikLS2]

FB has a forward looking P/E ratio of around 53. For newbies that means the current share price is 53 times the forward looking earnings per share. For comparison, Apple's forward looking P/E is around 11 and Google's is about 13. This means Apple and Google stock are much cheaper than FB. FB stock would have to sell in the $6 range to have the same ratio as Apple and the $7 range to match Google. Just thought this was interesting but these are just numbers, doesn't take into account the psychology of the market.

[XLexusTech]

Watched the market all week.. yesterday was a 52 week low I believe... anyone buying? thinking thier may be some bargains around..?