Monday, May 21, 2012

Facebook and Investing in Social Media

Global X Funds will wait a few more days for a price that is much more stable to invest in Facebook shares.Co-founder and CEO Bruno del Ama,CFA,feels the people who are there for the longer term will give the stock a much more sensible price.We love the social media space,he says.What are the big secular trends that are taking hold?Social media is one of them.I think Facebook absolutely will be able to monetize.They really created new forms of advertising.They already have 900 million users and growing.Once they focus on monetizing,they surely will find ways to make money,Mr.del Ama projected.The Global X Social Media Index is a globalized fund that contains the likes of LinkedIn,Tencent and SINA,as well as GREE,Hena and Nexon,besides the future Facebook holding.Global X is considered to be the fastest- growing ETF family.It strives to develop innovative ETFs based on global markets.Mr.del Ama has an MBA from the Wharton School of Business. Global X Social Media Index Fund(SOCL),Facebook(FB),LinkedIn(LNKD)

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