Return to site

Do Not Pass Go - 11/5/15

Learn more at GoldenDoorAsset.com

Do Not Pass Go. Do Not Collect $200

Many Americans were able to escape their woes stemming from the Great Depression by playing Monopoly. Parker Brothers first introduced the popular board game for the first time on this day in 1935.

At one time, Monopoly was America's favorite board game. This past time had entertained family and friends using street names from New Jersey's very own playground, Atlantic City. Becoming a tycoon was as simple as rolling the dice and buying all of the properties in sight. Although I would not be surprised if you do not remember the last time you played the board game. Unfortunately physical board games are becoming less popular as the rise of Facebook (FB) and mobile devices attract millenials. Yesterday evening Facebook announced record earnings with the stock reaching an all-time high today. With over a billion daily users, advertising revenue is growing and the social network is connecting the world on another wavelength. 

If this post brings gives you a nostalgic vibe then you maybe you should collect $200 and play Monopoly online.

At the time of this commentary Vijar Kohli, his family and/or clients of Golden Door Asset Management held no positions in the stocks mentioned above — although positions can change at any time.
Vijar Kohli is the Portfolio Manager of Golden Door Asset Management, LLC, a registered investment advisor specializing in individual and high net worth individual private wealth management. For more information on investing with Golden Door Asset Management, LLC please visit our website, www.goldendoorasset.com. Golden Door Asset Management, LLC is a New Jersey LLC, with its principal office located in Manalapan, NJ.
Vijar Kohli is also the publisher of CareStocks, a newsletter focusing in on healthcare services, medical equipment, technology and real estate stocks. More information to the newsletter can be found at www.carestocks.com.
© 2015 Golden Door Asset Management, LLC. All rights reserved.
All Posts
×

Almost done…

We just sent you an email. Please click the link in the email to confirm your subscription!

OKSubscriptions powered by Strikingly