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 Replies: 25 / Views: 3,358 |
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Pillar of the Community
 United States
3670 Posts |
Great thoughts there Silvereye, as I have not looked at it that way, lol.... In my facebook I always ramble on about the economy an end of days senarios. Not because I really think anyhting will happen, just kind of a hobby for me. I am a gloom an doom guy, just is what it is, lol. So my point, I think if anyhting did happen, I would have a bunch of my friends an associates would show up at my place and be like...."O.K. Kev, the kakak hit the fan, what do we do now?" and I would shrug my shoulders an tilt my head, rof  .... Speakin of FB an jumpin tracks for a moment, I am curous what the boards thoughts are on this new buy stock via IPO an facbook? I plan to stick with silver an gold, but part of me wants to make sure I am not missing the boat. But I have a feeling if you are not a serious player in stock, you have litle chance to turn a profit with this new FB IPO BS. I know it is a bit off subject, but again it all ties together in the bigger picture of things IMO with the gov, economy, and like the news said today, odd that a hisotrical piece of American history is on the way out in "American Airlines", who just layed off 13 thousand workers, jsut as FB releases this new IPO plan.... Edited by Silverhawk74
02/02/2012 3:44 pm
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Pillar of the Community
Canada
834 Posts |
Ahhh The Facebook IPO, there going to get their 5 Billion. Will you or me or anyone else on this board get in on the pre sale no chance. Expect it to start trading late march early April. It will peak the first week. Investors who bought in the pre sale will sell and take their profits and anyone who buys right away best be holding for the long term, even holding long term may be a bad idea. How much bigger can Facebook get, remember myspace? It was revolutionary until Facebook came along, google tried with google pages, eventually something will come around that will make Facebook a distant memory. I think facebooks days are numbered. I believe a new type of social network is on it's way (actually I know it's on it's way) and will take how we use social networking by storm.
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Pillar of the Community
United States
4008 Posts |
Sold all of your silver? Ack! Pfft! lol OK, but you still have some nice pieces on which to build a new collection.  Good job on getting out of debt. I never had much debt. My depression era parents didn't much believe in it. They taught me to: 1) work hard; 2) save religiously; invest wisely; and spend VERY carefully. That was great advice and I took to it right away... unlike my siblings who now greatly regret their poor choices. Debt is a lot like fire... a wonderful servant but a terrible master. Glad to see that you are not letting it get the upper hand. That path leads to the financial dark side. |
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Pillar of the Community
United States
3670 Posts |
I once told a little green Jedi master that I was not afraid of the financial dark side and he simply replied...."You will be, you will be."
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Valued Member
United States
362 Posts |
Good plan! I never buy any coin or PM on credit. I always buy when I have the cash to do so. However, I have lost out on some nice deals in past but I figure if I don't have the cash to buy it I don't need it.
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Pillar of the Community
United States
3670 Posts |
Oh and I like that list of four Ed, we all should quiz ourselves on that one.... 1.Work hard.... I am never late, very prompt, I never call in, unless I am just deathly ill, and I go out of my way to try an do the best job possible. So I check out on that one.... 2.Save religiously....O.K. 1 out of 2 aint bad I guess, lol.... 3.Invest wisely....I am far from being a Warren Buffet, but with what little I have, and the vast worthless knowledge I have of a little bit of everything like coins, but far from an expert on anything, I do have a ridiculous keen eye for a undervalued ebay items. As I feel like I understand the value of vintage collectibles very well and also what the masses like to buy, rare items and what not, or hard to find, etc.. I don't know if I can say I "invest wisely" just yet, but I feel I am on my way in that area.... 4.Spend very carefully, and I think it is a safe assumption that I get a big fat NOOOOOOOOOOOT on this category, lol.... So in the end, I simply need to spend more carefully, and try an save a bit more dying dollars, no matter how much I enjoy tying the dollars up in vintage collectibles an PM's. Moderation is a good word for me this year to keep in the fore front of mind I figure..... Edited by Silverhawk74
02/02/2012 5:51 pm
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Pillar of the Community
1283 Posts |
I'll probably buy some FB. My broker thinks he can get in on the pre-sale but we will see about that. He is like a snake oil salesman so I take everything he says with a grain of salt. Probably why I do most of my trading online.
Hey Kevin, FB search my name and friend me. I have truly never dealt with a more honest person then yourself thanks for the deal.
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Pillar of the Community
United States
3670 Posts |
Hey thanks Kyle, you look younger than I had figured, lol. Always a good thing eh....
Appreciate that greatly as I would say the same in reference to you. I simply try an follow the golden rule in life, as typical as it is to say but so true....
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Pillar of the Community
United States
4008 Posts |
Quote:
Oh and I like that list of four Ed, we all should quiz ourselves on that one.... Thanks, Hawk. This is great advice from some people who have been there and done that during one of the worst SHTF situations our nation has faced. It has worked well in my life too. Just remember that owning some silver and gold can be viewed as "savings" too. This would be the money that you want protected from the ravages of inflation over time. This is something that paper money cannot do. |
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Rest in Peace
United States
9104 Posts |
Quote:
Speakin of FB an jumpin tracks for a moment, I am curous what the boards thoughts are on this new buy stock via IPO an facbook? 20% jump in the first month, then when current owners are allowed to sell, a drop to 80% of issue or lower. |
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Replies: 25 / Views: 3,358 |
First Page
Posted 02/02/2012 4:27 pm
