04-14-2022, 05:14 AM
Is FB is a solid long term buy?
<!-- SC_OFF --><div class="md"><p>After the recent price drop it seems unlikely the price could hurdle downward super significantly in the near future, unless the company itself also goes out of business entirely, which also seems extremely unlikely. </p> <p>I think the real bet here is, if Facebook goes out of business. If they do money will be lost on the investment. If they don’t then long term there likely could be profitability. Even if not to the same extent as just a broad equity index fund</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/asemchenko81"> /u/asemchenko81 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/u32n29/is_fb_is_a_solid_long_term_buy/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/u32n29/is_fb_is_a_solid_long_term_buy/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>After the recent price drop it seems unlikely the price could hurdle downward super significantly in the near future, unless the company itself also goes out of business entirely, which also seems extremely unlikely. </p> <p>I think the real bet here is, if Facebook goes out of business. If they do money will be lost on the investment. If they don’t then long term there likely could be profitability. Even if not to the same extent as just a broad equity index fund</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/asemchenko81"> /u/asemchenko81 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/u32n29/is_fb_is_a_solid_long_term_buy/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/u32n29/is_fb_is_a_solid_long_term_buy/">[comments]</a></span>Kind Regards R