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Much -- -- our next guest says don't buy any IPOs including FaceBook Kelly Campbell Campbell wealth management joins us now Kelly.
You're just no fun at all why is it that I can now -- NI PO.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Yet they may start that really high and -- really low you don't know anything about the company house gonna perform in the open market.
And it's too risky of an investment into finance so much more by just letting it -- go for a few months.
Find out where that with the C is gonna do how they're gonna react the Wall Street how Wall Street's gonna react to them I think some it's more important give it time.
Okay but based book if not your basic IPO right it is probably the most hotly anticipated IPO of all time.
And today stocks only up a buck or two today I can -- -- and not have to pay double the offering price.
-- -- you know -- tomorrow you could lose 25 or 50% and and that's more what I'm concerned about.
Because when you think about -- -- -- to Bergen still you know he's a significant shareholder.
When you think about how he's gonna you know his experience with Wall Street is -- experienced enough -- -- you have those calls.
You know that scares me and it's not enough it's it's not summer -- wanna put my clients and put their money at risk because it's too.
It's too risky for.
And -- sense.
And yet capitalism -- optimism monetize -- you have to have hope you can't be it timid little frightened cat.
-- this company has -- 900 million registered users Kelly goat -- here.
-- -- -- -- -- I completely agree with you but but show me what they're advertising revenues gonna look like showing where their money's gonna come from.
At the end of the day our clients are not looking for us to make big bets that -- ever did everybody get and we get in small but they're not looking for -- make big bets on something that could flop.
You know and and again do I think it's gonna flop and a long haul no.
But I don't necessarily wanna get in today and be a victim of that significant decrease especially for my clients and their counts are let's look at -- Kelly Campbell's pictured at this is a man who bears to be boring.
You like Intel and P&G explain yourself.
Well -- I think in salivating so the markets here and have been around for a really long time to get planning in my eight if they're not -- not afraid to put into R&D and they are doing that.
Yeah they've got a great dividend story -- increasing their dividend for years.
There -- -- great company that is going to be around for a long time and they're they're things that we use all the time indicators that we use every day.
If you think European -- -- -- -- probably -- -- -- their products before you walk out your -- this morning.
You know it's -- think about that so not only are we using -- in United States but.
Everybody's -- across the globe and -- got an emerging market emerging middle class across the globe that's now starting -- -- -- -- -- tide and -- and things like that.
They're gonna use -- every single day.
No those are the stories that are right now a lot safer yeah and I think what what I'm looking for is is I'm looking for something -- little safer for my clients so that they can hear the ones that are retirement especially.
They can have an income streaming haven't renovate look at their -- -- okay what they're concerned about those slow and steady and IPO no thanks very much Kelly Campbell Campbell wealth management status CDO.
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