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Money Guy Show

Facebook IPO Friend Request…Should You Accept?

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Investing, Education, Business

4.73.1K Ratings

🗓️ 11 May 2012

⏱️ 36 minutes

🧾️ Download transcript

Summary

The trending topic in the investment world is the fact that Facebook is going public. With the IPO date quickly approaching, we focus today's show on the ins and outs of initial public offerings and what happens when companies don't live up to the hype. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,

0:07.2

investing, taxes.

0:09.0

You've got financial questions, he's got financial answers.

0:12.6

It's Brian Preston, the money guy.

0:15.3

Well, you know what I've realized?

0:17.4

What's that?

0:18.4

That the human condition is is that we jump around to whatever we think the coolest thing

0:24.1

is.

0:25.1

A few weeks ago, we did a show on the lottery because everybody, the whole nation, had

0:29.4

a lottery fever because the jackpot had gotten to some ungodly amount.

0:34.4

I can't even remember that's how bad your memory is on these type of things and how fast

0:38.6

they fade into your memory.

0:40.7

But what is the thing everybody's talking about?

0:44.0

You can't go on the news or watch TV without them talking about right now.

0:48.5

Oh, it's Facebook and the initial public offering of Facebook shares.

0:52.7

The thing is, so Bo comes in earlier this week and he goes, Brian, I got our podcast

0:57.4

topic for this week.

0:58.4

And so what is it?

0:59.4

He goes, let's talk about IPOs.

1:01.4

He says, you've been doing investing long enough that you can probably give him some feedback

1:05.4

on how things are out there in the real world on how Facebook is.

1:10.1

So we said, that's a great idea.

...

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