shanenin Posted November 22, 2012 Report Share Posted November 22, 2012 Any of you invest in tech stocks? Back in mid September I took the plunge and I invested half my savings into an equal share between Google and Facebook. I love business and follow tech so this will be a fun adventure and hopefully profitable. Just curious if anyone else does tech investing Quote Link to post Share on other sites
Besttechie Posted November 22, 2012 Report Share Posted November 22, 2012 Yeah, I invested in Google and Apple a while ago. I got into Apple at $245 and Google at $492. B Quote Link to post Share on other sites
shanenin Posted November 23, 2012 Author Report Share Posted November 23, 2012 wow. cool. I got in late and bought Google at its top, but, i think it is still a great buy in the long run, although down a bit since I purchased it. Facebook is up 20% :-) I was reading(and agree) somewhere that apple has lost lots of valuation because of capital gains taxes going up after the first of the year. So many people made a killing in it(like you) are cashing out before the new tax year. I suspect it will rebound in January, but then long term it is going to slowly decline. That is my very novice take on it :-). Quote Link to post Share on other sites
Besttechie Posted November 23, 2012 Report Share Posted November 23, 2012 That's not a bad analysis on Apple (re: capital gains), I could definitely see that. I'm definitely big on Apple, I see it as a good long term investment, as is Google. I recently wrote an article on what I think Google could be looking to achieve in the future, if you're interested you can read it here: http://www.besttechie.com/2012/11/16/google-wants-to-control-the-infrastructure/Also, I don't know if you read the blog portion of BT but if you're into business and analysis, you definitely should check out our articles. Quote Link to post Share on other sites
shanenin Posted November 23, 2012 Author Report Share Posted November 23, 2012 Cool. I will check them out :-) Quote Link to post Share on other sites
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