Quote: (01-30-2012 02:47 PM)thegmanifesto Wrote:
Or the next Myspace.
I guess that is the risk on this one.
The thing with Apple is that it actually sells products.
Facebook could disappear tomorrow, and the world would be no different.
I still may roll the dice on this one.
That's where I disagree with you and others.
If FB went away, I'd lost all of my photo albums. Photos are huge on Facebook.
I also keep in touch with college roommate, old friends from back in the day, on Facebook.
I could live without Facebook just as I could live without a cell phone.
But life with cell phones and FB are better. I couldn't tell you my best friend's phone #. Before cell, I had to keep track of all of that. It was hard to reach people.
I don't even know where my friends live. When I post to my status, "I'm going to be in NYC next week," I get hit up.
Facebook is as essential to the lives of teens as text messages.
A lot of people even do much of their "texting" through Facebook.
If Facebook went away, it'd be really disruptive.
Ebay doesn't sell products, and makes good coin.
PayPal doesn't sell products, either.
I made a killing on SLV, GLD, and physical precious metals, so I'm not a stock guy.
A 10K investment might go up to 50K, and it probably won't go below 5K.
A lot of gambles, for me, are finding if the highs are going to be high enough to outweigh the lows.