After FB went public in 2012, the low was $17.55. Then came the long 9-year road to a peak of $384.33 in September 2021, a 21.89x increase in 9 years. (Not counting cash dividends, etc.)
Then, FB has been in decline since September 2021, dropping 51% in just 6 months.
That is, 9 years ago, you invested $100,000 in FB, and at your peak, you had $2 million.
But if you didn't cash out between September and December of last year, you might be left with just $1 million now.
The rate of decline is much faster than the rate of growth. Long-term investing can maximize returns when you choose the right direction. But you also need to know how to cash out your profits.
What kind of problems do you think FB is facing? Where will FB go in the future?
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