Should I Sell My Facebook Stock?



Should I Sell My Facebook Stock? Say goodbye to debt forever. Start Ramsey+ for free: https://bit.ly/35ufR1q Visit the Dave Ramsey store today for resources to …



source

Post Author: The Dave Ramsey Show

33 thoughts on “Should I Sell My Facebook Stock?

  • Hot Tamales

    (November 25, 2020 - 8:38 am)

    He should sell covered calls

    Socialism Sucks

    (November 25, 2020 - 8:38 am)

    Lots of my friends and family on the 13th including me deleted our Facebook accounts. Censorship will kill that company.

    FindleyOcean

    (November 25, 2020 - 8:38 am)

    Name another company that has an average of 1.8 billion daily users. Dave says the stock skyrocketed then plummeted after its IPO. FB has had a return of 619% in eight and a half years. That’s an annualized return of 26%. Dave is an idiot when it comes to stocks.

    The Next Kong Hee

    (November 25, 2020 - 8:38 am)

    I could -and would – keep that 100 shares. FB will hit $450 by the end of 2021.

    Besides, he needs to talk with a tax professional, first.

    Alexander Hamm

    (November 25, 2020 - 8:38 am)

    All these comments full of stock-pickers… if you're going to take your investment advice from YouTube comments instead of large financial institutions (i.e. buying mutual funds) I have a bridge to sell you. Nobody knows how an individual stock will perform, but we're all pretty sure that the market, as a whole, will go up after a long enough time.

  • Applico

    (November 25, 2020 - 8:38 am)

    Should've asked what this guy's financial situation is before telling him to dump all his $FB 🤦‍♂️. If he's already got a well diversified portfolio there's nothing wrong with using a portion of that to play single stocks. Some people like to go to the casino, others like to buy speculative stocks. 📈📉

    Adler. D

    (November 25, 2020 - 8:38 am)

    I honest disagree with what Dave had to say about that. Remember this person got Facebook at $32 share now Facebook is $261 a share as i write this. Maybe sell one third and buy another company so you have some type of diversification in your portfolio. Great job on his parents for buying FB at $32.

    Quairan

    (November 25, 2020 - 8:38 am)

    Noooooo! Don't sell! Stop asking people what to do with stocks that you OWN! No wonder most people are broke. This dude has a cost basis at $30 plus and he's worried? Lol

    Henry Zhou

    (November 25, 2020 - 8:38 am)

    Invest it in a dividend payer at least.

    Ryan T

    (November 25, 2020 - 8:38 am)

    As Dave said, diversified mutual funds. just get yourself into something that tracks the S&P500 or similar large index and history tells us it will grow "on average" 7%-10% a year. you are then not tied into the future of any particular company or industry so you don't care if Facebook does well or totally goes bankrupt you are going to make your 7%+ anyway.

  • Jake Maness

    (November 25, 2020 - 8:38 am)

    Very boomer response ngl

    TheCoffeeNut711

    (November 25, 2020 - 8:38 am)

    Always remember: Buy high and sell low!

    BILL BRASKEY

    (November 25, 2020 - 8:38 am)

    I don’t like the company but if your in at the ipo price don’t sell. If I had been more into investing at the time FB went public I would of taken profit along time ago and let whatever I didn’t sell free roll.

    BILL BRASKEY

    (November 25, 2020 - 8:38 am)

    I dumped it back when Jones was banned. Just dumped my twitter. I was only a few bucks away from my selling point anyway. I knew it would go up. I just ain’t into censorship

    Videoman x

    (November 25, 2020 - 8:38 am)

    Dave is such a dinosaur when it comes to investing

  • Rob L

    (November 25, 2020 - 8:38 am)

    i own quite a bit of stock and i would never buy facebook stock

    B M

    (November 25, 2020 - 8:38 am)

    Do NOT sell your fb stock. Just don’t. 🤦🏻‍♂️

    B M

    (November 25, 2020 - 8:38 am)

    Mutual Funds can also lose money, you actually can lose ALOT MORE money on MFs than single stocks. You can’t track MFs like you can Singles. Not saying to predict the market, but you can easily track volatility in single vs mf

    K LoLo

    (November 25, 2020 - 8:38 am)

    AH! he said, "you're betting $28 thousand on one set of nerds."

    I do think it's better to be diversified. If he had a bunch of other investments, you could probably keep it, if you could take the risk of losing it all.

    Darren Stanhope

    (November 25, 2020 - 8:38 am)

    This guy next to dave just waits for dave to finish speaking then agrees with him and repeats what he said. What a great job…

    ❤ ya Dave

    Brian May

    (November 25, 2020 - 8:38 am)

    TLDR: Don't put all your eggs in one basket.

    Rexjunett

    (November 25, 2020 - 8:38 am)

    Facebook has over 2 billion active users. Facebook is going nowhere.

    KMF

    (November 25, 2020 - 8:38 am)

    Sell it because they are evil

    Micah Richey

    (November 25, 2020 - 8:38 am)

    I have a few shares in FB in an IRA that I think I am going to sell if I can, due to moral objections.

    Flis Finance

    (November 25, 2020 - 8:38 am)

    Lol these people should be buying the market. They could have a little bit of one stock but overall they should look for full market growth not one stock!

    Austin Ryder

    (November 25, 2020 - 8:38 am)

    Stonks

    Entrepreneur Zone

    (November 25, 2020 - 8:38 am)

    So interesting! I should add this in my video.

    Brendan Kacev

    (November 25, 2020 - 8:38 am)

    Why hasn’t Dave Ramsay ever been sued for giving out personal advice?

    Texas Patriot

    (November 25, 2020 - 8:38 am)

    God willing ALL of Big Tech gets broken up!!

    Carros Diecast

    (November 25, 2020 - 8:38 am)

    I would keep it there and watch it grow!

    Sorc Time

    (November 25, 2020 - 8:38 am)

    I don't understand why Dave ecourages buying a house when its technically like a single stock of real estate, and is against buying REITS, which is like a diversified mutual fund of real estate.

    Also you don't need to own a house to successfully retire. Its true rent goes up overtime, but so will your passive income from your portfolio so it technically cancels each other out.

    When you are buying a house, you lower your house payments to only taxes, insurance, and maintenance. But if you choose to rent, you can put that spare cash into other investments and use the income from it to help pay your rent, so its the same outcome.

    Jimmy Lewis

    (November 25, 2020 - 8:38 am)

    If Biden wins….keep your stock.

    Dvelop

    (November 25, 2020 - 8:38 am)

    I'd say it will be okay for a little long, but its time is coming

Comments are closed.