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by meric
5140 days ago
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If you have lots of cash lying around you could always buy a small parcel of $1k worth of facebook stock. If Facebook bankrupts then the most you can lose is $1k. If Facebook performs anywhere near Google in the next 10 years then you will end up with $6k. For me, losing $1k doesn't feel too bad and I wouldn't feel bad about not buying more if it did end up going up to 6k. [1] As long as I acknowledge it purely as a gamble I don't see any problems with investing in Facebook. I wouldn't invest my life savings, however. It might be a cliche but "Don't put all your eggs into one basket" is thoroughly explained by mathematics. http://en.wikipedia.org/wiki/Diversification_(finance) [1] I am not making ANY recommendation whatsoever. |
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