SINGAPORE EXPATS FORUM
Singapore Expat Forum and Message Board for Expats in Singapore & Expatriates Relocating to Singapore
Meta stocks crashes
Meta stocks crashes
wow..US$200 billion in the stock market in a day..and he lost US$29b that's a lot. But I am sure Mark has still a lot to spare.
https://www.channelnewsasia.com/busines ... sh-2478581
https://www.channelnewsasia.com/busines ... sh-2478581
Last edited by abbby on Fri, 04 Feb 2022 10:47 am, edited 1 time in total.
The secret of life is honesty and fair dealing. If you can fake that, you've got it made. - Groucho Marx (1890-1977)
Re: Meta stocks crashes
Sensationalized reporting. His net worth sure fell by that much. But that's to be expected when you are an investor who invests large sums of money in stocks as he does. There will be big short term fluctuations along the way. What's more important is the long term. Over a few decades that net worth is more likely than not going to be way more than it is today.
- malcontent
- Manager
- Posts: 1904
- Joined: Sat, 22 Dec 2007 11:52 am
- Location: Pulau Ujong
Re: Meta stocks crashes
Once you have a 12 figure net worth like Zuck, nothing like this is going to phase you… unless you’ve got ego problems.
It’s not what happens to you, but how you react to it that matters ~ Epictetus
Re: Meta stocks crashes
Wassup Yo! That's totally cool, ese
I hope we get a nice dip in the indices in the next few weeks heading into the 1st rate hike in Mar. This year should be great to deploy your cash into the markets.
- malcontent
- Manager
- Posts: 1904
- Joined: Sat, 22 Dec 2007 11:52 am
- Location: Pulau Ujong
Re: Meta stocks crashes
Same here, our bonus will be paid in March.
Last year our bonus was completely nixed, so hoping for a healthy one, to make up for last year. My employer can be painfully conservative at times. The only saving grace is the fringe benefits, like ESPP and SRS contributions.
It’s not what happens to you, but how you react to it that matters ~ Epictetus
Re: Meta stocks crashes
In my industry, bonuses are consistently pushed back under adverse business conditions. I usually miss the damn timings to plough capital into the markets….
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk
There's always room for one more
-
- Director
- Posts: 4700
- Joined: Sat, 07 Nov 2020 11:45 pm
Re: Meta stocks crashes
Exactly, and look at the way he lives. Wearing the same old shirts and driving a crappy car, he doesn’t care what his net worth is. It’s everyone else that cares.malcontent wrote: ↑Fri, 04 Feb 2022 10:56 pmOnce you have a 12 figure net worth like Zuck, nothing like this is going to phase you… unless you’ve got ego problems.
-
- Director
- Posts: 4700
- Joined: Sat, 07 Nov 2020 11:45 pm
Re: Meta stocks crashes
Yup, one thing about the stock market is that value constantly changes, whether or not you panic is dependent on whether you’re in it for the long term. The ones who panic with big drops are typically short term investors looking to make a quick buck. The long term investors stay cool and calm.smoulder wrote: ↑Fri, 04 Feb 2022 10:41 amSensationalized reporting. His net worth sure fell by that much. But that's to be expected when you are an investor who invests large sums of money in stocks as he does. There will be big short term fluctuations along the way. What's more important is the long term. Over a few decades that net worth is more likely than not going to be way more than it is today.
Re: Meta stocks crashes
The stock keeps going down. They have had to pull out of Russia and its hit them. Not sure if now is a good time to invest?
Re: Meta stocks crashes
I just established a position in meta ( no recommendation though) if you're looking for some research on the company check these threads : https://gamingindustry247.com/the-best- ... investors/
I think the market is sleeping on meta's move into Virtual Reality. this is not a fad in my view
-
- Similar Topics
- Replies
- Views
- Last post
-
-
Can I keep my stocks and bank account while on sabbatical with no EP?
by runningaroundsoon » Thu, 07 Feb 2019 11:11 am » in General Discussions - 7 Replies
- 2956 Views
-
Last post by sundaymorningstaple
Sat, 09 Feb 2019 8:01 pm
-
-
- 11 Replies
- 2981 Views
-
Last post by sundaymorningstaple
Tue, 03 Dec 2019 3:38 pm
-
-
Leaving Singapore and restricted stocks deemed exercise
by skeeting » Sun, 26 Jun 2022 9:02 pm » in Relocating, Moving to Singapore - 0 Replies
- 1409 Views
-
Last post by skeeting
Sun, 26 Jun 2022 9:02 pm
-
-
-
PR application - Declaration of stocks in Gross income
by securechamp » Mon, 04 Jul 2022 11:26 am » in PR, Citizenship, Passes & Visas for Foreigners - 1 Replies
- 857 Views
-
Last post by PNGMK
Mon, 04 Jul 2022 12:23 pm
-
Who is online
Users browsing this forum: No registered users and 4 guests