Our regular Monday blogger, certified financial planner and Sunday morning WSB radio show host Wes Moss, recently offered a few of his perspectives in advance of today’s initial public stock offering on the Nasdaq by Facebook.
– His initial post on the topic – “Should you buy Facebook?” — was published on this blog in February, but remains relevant because of the long-term view he takes:
You may want to give the stock a few months to find a level reflective of both the company’s future promise and the challenges it faces.
– A follow-up post last month — “Return of the tech bubble?” — posits an even wider view as Wes examines the balance between innovation and fundamentals that tech-sector investors especially need to weigh:
As the tech sector continues to heat up with Instagram-type deals, look for ways to cash-in while maintaining a diverse portfolio that is in line with your long-term goals and risk tolerance.
With subsequent developments from Facebook and the overall tech world, how have your answers to these questions evolved? Would you recommend a Facebook buy, whether now or later?
And what about the specter of a return to the burst tech bubble of the late 1990s? Inevitable, or are things far different today?