Facebook Pension – maybe?

Facebook is a funny creature.  I joined when it was about 70 million in users. That year was 2007.  As an aside comment Google offered 1.4 billion dollars to purchase it.  They were turned down flatly.  Today’s news is that there will be an opportunity for us all to give Facebook more money – to own a piece of it.

The suggestion is that Facebook will make 100 billion dollars on this stock offering.  What will the return be? And what is Facebook really worth?  Remember NorTel?

Hmmm, I’m wondering, can I buy $50 worth, and will that be a better investment than the $870 I paid out to CPP last year?  What if I could buy $1000 worth of Facebook stock each year in lieu of CPP until retirement – what kind of return would that give me?  Just a thought.  What do you think?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s