I have $2500. Is it worth it to buy Facebook shares with it?
If you really believe in Facebook stock over next few years, using $2500 you can make a bigger investment in FB using options as compared to buying stock. This is called leveraged trading. And it can actually be safer than buying FB stock at current price because it gives you a cushion if price falls a little.How do you do it? Buy "deep in the money call options for 2 years duration".Sell "at the money call options for same duration"By doing this, you are betting on FB stock to not go down below current price in 2 years time. If the stock price is same or higher than today after 2 years, you make almost 100% profit on the money you invested. And if stock price goes down, your typical break-even point is below current price. So, it is safer than buying the stock at today's price.Real life Example:As of today(April 15, 2016), FB is priced around $110 per share.Jan 2018 Call option for $90 strike is around $30Jan 2018 Call option for $110 strike is around $20So, your effective break-even point for this options spread is $10 per share. So, you make money if the shares close above $100 on expiry (Jan 19, 2018). This way, your investment is safe as you are already at $110 today and if stock does not fall, you will make 100% returns. Even if FB falls to $105, you will make 50% profit.For $2500 dollars, you can trade 250 shares (hypothetically as lot size is 100, so you can only trade 200). If you buy shares directly, you will only buy 20 shares. The only downside is that your maximum profit is limited (which is 100%). But I believe at current price, it is not easy for FB share to double in 2 years. And if it goes down by 10%, you will not lose any money if you choose the options spread route. What is the catch?Now it sounds like a great plan. But the catch is that if shares fall below $100, you start losing money much faster than buying shares. In extreme, you will lose all your investment if the shares close below $90 on the date of expiry. Also, if FB price goes very high, e.g. $300. Your profit will still be 100%. You can not make more than 100% profit in this example as you sold Call option for $110. Final commentsOverall, I love options spread better than stocks as you an make big money with small investments and if you are wrong, you still have buffer before you start losing money. Also, an experienced options investor will create more spreads to reduce risk and make more money in these trades.
Will Snapchat stock be a good buy upon its IPO?
Late november 2016 I answered a similar question. Back then my conclusion was that Snap was in a good position to buy upon the IPO. At the time Facebook had succesfully implemented a copy of Snapchat Stories to Instagram. Although this was a heavy blow for Snapchat, it wouldn’t necessarily kill them.Since then Facebook has introduced a lot of new features in their Messenger app. They’ve added a snapchat-like camera at the center of the navigation bar. This camera has all the elements that Snapchat became famous with, and they’re doing it better and bigger.Messenger’s camera can make an infinite number of overlaid graphics to jazz up your photos and videos. If Messenger recognizes the meaning of your text in any of 15 different popular languages, it will even offer up filters with related art. Plus, it’s got augmented reality selfie lenses, holiday-themed masks, Prisma-esque style transfers and influencer-suggested filters.TechCrunch - Facebook Messenger’s new cameraThose influencer-suggested filters will attract a lot of advertisers. Messenger has 1 billion users each month. Snapchat has “only” 300 million users each month. It’s obvious that most advertisers will choose Facebook over Snapchat. Facebook will do (and is already doing) everything to steal as much users as possible from Snapchat.Buying Snap stock upon the IPO is a risky move. You could make some profit the first few days, but I wouldn’t hold on to them for long.Some articles you might want to read:Fortune - Snapchat IPOBusiness Insider - Snap files for its IPOTechCrunch - Snap stumbles toward a volatile IPODigital Trends - Snap public IPO (financials and user numbers)
Tax refund direct deposit on a wednesday?
It should be there tomorrow! Where's My Refund told me mine was scheduled to be deposited on January 26th, and sure enough my $$$$ was in my account when I woke up this morning!!! We're the lucky ones that got put into the IRS's new system that deposits any day of the week - not just on Fridays!!! Good for you!!!!
What are all the perks that Facebook employees get?
I was at Facebook from 2006-2010 and can easily say it was the best company that I've ever worked for and had incredible perks. I would add to Eugene's list some the lesser known benefits that are not referenced in the official hiring package:Nacho WednesdayIce cream socialsFacebook backpacks when you startFacebook schwagMeeting celebrities, politicians, musicians, authors, business leadersHearing celebrities, politicians, musicians, authors, business leaders speak regularly on various topicsRipsticksLaunch partiesGame DayIT walk-up servicesVendor fairsGym membership discountsChoice of Mac or PC and iPhone or Blackberry (w/ paid cell service)Being paid to be on Facebook all day
What time on wednesday does the irs update the wheres my refund?
EARLY AM Wednesday and over the weekend on the dates that they do the updating of the WMR website on or the SENDING OUT date of the REFUND amounts which is usually on a Friday early AM and the it is up to you account holder as to when your account holder will have your REFUND amount available to you some of them do this on the same day Friday and have the amounts available when the open on Friday in the mornings other take about 3 days more because of the weekend or additional holidays after the IRS sends the refund amounts in the EARLY AM on Friday mornings. Hope that you find the above information useful for your situation and good luck to you.