12-21-2014, 04:05 PM
(12-21-2014, 02:49 PM)DRILLINDK Wrote:(12-17-2014, 07:55 PM)Kerim Wrote: I've always had an itch to own some Google, just as a long-term speculation. Have no idea about valuation at all, but imagine that they might one day rule the world. But I've never pulled the trigger.
We share similar beliefs. I like that they are starting to branch out and diversifying into other areas, -ie, acquiring Nest, etc.
Same here.
But it's 26 P/E and doesn't pay a dividend which puts me off.
I only own 1 stock that doesn't pay a dividend and that's LLOY and they'll be paying from next year.
There's no guarantee that GOOGL will pay any dividend soon. It's puting it's money into use by entering other sectors, who knows when this will stop?
They always seem to find someway to use their money bar paying dividends
For me... being 21 I'm tempted but will hang fire until there's a clearer timeline/vison of when dividend payments will start
Hope this makes sense