Do you invest in stocks? - Meta drops like a rock

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Did you see what just happened to Meta this morning haha? I would not have been able to predict this in a million years. I luckily only bought two Meta stocks when it fell massively from over the $330 mark overnight to $237 just to test the waters and shocked that the Meta stock only worth $98 this morning.

I only bought two stocks and $280 out of pocket haha. Can you imagine how much money people lost that got thousands of stocks in Meta? Well I know what comes down must go up but the question is do you now buy the dip or did Meta go the completely wrong direction now with the Metaverse? Even if they did, it is still a massive company with very valuable assets. That said, not sure if you saw what Apple is doing now to cut into Meta's revenues. If you are not aware just do a Google search and you will see.

So with all this in mind what do you think? Any thoughts? Do I buy the dip or better to just stay away from Meta completely now haha.

Ps. This post is intended for those that are investing in stocks or interested to invest in stocks. I just thought it is so shocking that Meta dropped to such a low level and just thought I would share and see what fellow investors think about Meta and whether buying the dip is a good idea or not :)

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Recent Comments

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Thanks for the interesting conversation. I knew I should do the put option on Meta, then chickened out. There’s more chances to play that put option game before Wednesday when we expect the fed to raise interest rates again. I think I would choose Microsoft or Apple though. I know they can come back.

Interesting thoughts 😊

Good morning Schalk,

Thank you for your interesting post, Schalk, I must admit I hadn't heard!

I will have to look up what Apple is doing to Facebook; once again, I didn't know.

I think people are genuinely get fed up with social media platforms that don't allow you free speech. I know of so many people who are online where Facebook is not allowing them to broadcast or to give their opinion. Companies that do not allow freedom of speech deserve to do badly.

Let's see what happens; maybe some common sense will prevail in the world!

Have a great Sunday.

Roy

Looking forward to seeing the positive changes for sure :)

Yes, indeed, Schalk!

Roy

Hi Schalk
Yes I saw an article about the ass falling out of Meta stock yesterday. Some of the figures for money they have lost in just the last quarter is absolutely mind-blowing.
Tesla apparently had a shocker recently too so I was surprised that Elon had enough left to buy Twitter.
I stick to investing in diversified index funds rather than individual stocks.

Cheers
Dave

Hi Dave

I am not that clued up when it comes to investing so I will go look up deversified index funds and its meaning. Thanks for sharing :)

Meta, like most everything digital, could vaporize in seconds. Too much risk for me. I prefer a sow steady climb.

I'm invested in REITs (Real Estate Investment Trusts) because according to Maslow, we all have a need for "security" (Shelter ie; Real Estate)

Real Estate is great. I don't believe aspects like Whatsapp and Instagram is going to go anywhere soon. But I see what you mean in terms of investment (stocks) though in terms of what happened here.

No one has lost anything unless they panicked and sold at a loss. Events in China have shaken the market, but it will gain again. I don't think Meta is going anywhere yet. It's always best to buy low and then sell when its high.

Mel

Absolutely, just play the waiting game 😊

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