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Updated almost 7 years ago on . Most recent reply

Account Closed
  • Specialist
  • Paradise Valley, AZ
2,936
Votes |
3,447
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Dude I'm missing something - Facebook v Real Estate - You kiddin?

Account Closed
  • Specialist
  • Paradise Valley, AZ
Posted

I was looking at the returns of Facebook vs Real Estate and I was well, surprised. . . .

I bought a property in Phoenix using "Subject To" (very little down, & taking over the loan) and turned around and sold it for a very large down payment and owner financing. I cash flow it every Month at $1,000 for $12,000 per year positive cash flow.  

If I had bought Facebook in 2012 in it's IPO and put in $1,000 I would have . . . "$1,000 investment six years ago would be worth more than $4,300 as of Wednesday, according to CNBC calculations."

Whaaa????

Pathetic!!!!

Investors had to Chance $1,000 into an unknown company, that wasn't making a profit in 2012 (Facebook) to wind up with only $4,300 . . . 6 years later???? And that is GOOD?

Investors know (or should know) better than that!

I take on investors as Joint Venture Partners and we put Facebook to shame!!! AND, we don't don't sell people's information! 

https://www.cnbc.com/2018/04/11/if-you-invested-10...

"Popular social-media platform Facebook may have gotten even more popular this week as founder and chief executive officer Mark Zuckerberg testifies to Congress about the company's potential misuse of user data and privacy: Its stock price actually increased.

"Let's face it, they're a revenue juggernaut," Carol Pepper, chief executive of asset-management firm Pepper International, said on CNBC's "Squawk Box Europe."

While the platform's shares fell 11 percent after the scandal began, they rose during the initial hearings, reaching their biggest daily gain in two years and adding nearly $17 billion to Facebook's current market cap.

If you invested in Facebook in 2012, when it made its initial public offering, that investment would have seen an increase, too. A $1,000 investment six years ago would be worth more than $4,300 as of Wednesday, according to CNBC calculations."

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Eric James
  • Investor
  • Malakoff, TX
2,508
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Eric James
  • Investor
  • Malakoff, TX
Replied

No offense, but this post looks like it's from someone in the 'investor education' business, selling advice on how to get rich quick with my program. A pretty slick message, format, and title.

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