Leveraging on Facebook to make lots of money !
已更新
No, we don't want to keep hammering the stale yet true statement about if we had invested in this great company 3 , 5 or 10 years ago.
It does not matter as that was the past. What's important you are still here, very much likely using Facebook but probably not monetise it. I am not asking you to sell wares using FB as a channel. That is not what I do as I find the traditional way of selling, even online requires one very important thing to succeed. No matter how exclusive your product may be, the best pricing in the world but if you have zero customers, you are still not making a sale.
Plus, you need hell lots of marketing to compete in this space as anyone can sell things online which makes the barriers to entry extremely low.
So, owning a piece of FB business by becoming their shareholders is a smarter and easier choice, at least for me. My only regret is not buying more when I was first exposed to using social media and back then , social media is Facebook before others come in to compete.
Anyway, read this latest news here.
FB is making a 5.7 billion investment into this Jio Mart which is owned by Reliance Industries in India. Now, ecommerce is not new in India with Amazon and Walmart already in there and gaining market shares. What I like about this investment is FB is leveraging on its ecosystem and utilise WhatsApp to help Jio Mart scale a greater height.
Now, do you know that there is more than 400 million monthly users in India that use WhatsApp ?
Another important fact is the size of the acquisition. Yes, size does matter. If you are going to spend a lot of money on something, you are sure to do your homework thoroughly.
FB spent 2B to acquire Occulus, 715m on Instagram and 21B on WhatsApp. Wow, that makes acquiring Jio Mart the 2nd biggest deal of FB thus far.
Now, based in Singapore and looking at Reliance Industries share price ,it is already sky high. Plus, buying a foreign company shares in India with my broker would cost me more compared to US, China or Hong Kong as these 3 are more internationally traded. Furthermore, I know very little about Reliance Industries other than it is a conglomerate of diversified business.
So, since I am already invested with FB, I just have to find ways to average up whenever there is an opportunity. This morning, when many US shares were down 5-10 or more percent, FB share price remains intact.
I hope next week or so, the share price could retrace to 218 level so I can accumulate more before it continues to go up again.
It does not matter as that was the past. What's important you are still here, very much likely using Facebook but probably not monetise it. I am not asking you to sell wares using FB as a channel. That is not what I do as I find the traditional way of selling, even online requires one very important thing to succeed. No matter how exclusive your product may be, the best pricing in the world but if you have zero customers, you are still not making a sale.
Plus, you need hell lots of marketing to compete in this space as anyone can sell things online which makes the barriers to entry extremely low.
So, owning a piece of FB business by becoming their shareholders is a smarter and easier choice, at least for me. My only regret is not buying more when I was first exposed to using social media and back then , social media is Facebook before others come in to compete.
Anyway, read this latest news here.
FB is making a 5.7 billion investment into this Jio Mart which is owned by Reliance Industries in India. Now, ecommerce is not new in India with Amazon and Walmart already in there and gaining market shares. What I like about this investment is FB is leveraging on its ecosystem and utilise WhatsApp to help Jio Mart scale a greater height.
Now, do you know that there is more than 400 million monthly users in India that use WhatsApp ?
Another important fact is the size of the acquisition. Yes, size does matter. If you are going to spend a lot of money on something, you are sure to do your homework thoroughly.
FB spent 2B to acquire Occulus, 715m on Instagram and 21B on WhatsApp. Wow, that makes acquiring Jio Mart the 2nd biggest deal of FB thus far.
Now, based in Singapore and looking at Reliance Industries share price ,it is already sky high. Plus, buying a foreign company shares in India with my broker would cost me more compared to US, China or Hong Kong as these 3 are more internationally traded. Furthermore, I know very little about Reliance Industries other than it is a conglomerate of diversified business.
So, since I am already invested with FB, I just have to find ways to average up whenever there is an opportunity. This morning, when many US shares were down 5-10 or more percent, FB share price remains intact.
I hope next week or so, the share price could retrace to 218 level so I can accumulate more before it continues to go up again.
註釋
cnbc.com/2020/05/26/coronavirus-ad-shift-from-tv-to-digital-will-speed-up-says-goldman.htmlDid you spot the dragonfly doji pattern ? I hope you know what to do .....
註釋
edition.cnn.com/2020/06/02/tech/facebook-all-hands-trump/index.htmlIt is tough being a CEO of a large company and especially in US. Beside ensuring you run a profit to answer to the shareholders , you also have to take care of the employees who are very much concerned with what the President is saying on the platform.
註釋
Tonight closing will be crucial to determine if it will continues to fall if it cannot close above the support line at 218.33. Currently, it is still resting on the bullish trend line.註釋
retesting 239 again, this is the 3rd attempt
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。