My 10 year old 5th grader is very pleased that I bought him 1,000 shares of Facebook. I told him we will sell 50% if and when he gets his college acceptance or admission letter. Yeasterday he told every body he knows at the school. So far, I have received 5 calls from his classmate fathers want to do the same. The reason cited, is that every body they know is on facebook and so it must be a good idea to invest in . one thing, I am in the Middle East.
I think FB is a good stock. However, when I see stuff like this, I cringe. There is a lot of money in a 1000 shares and I think it is best to spread that around. I think a lot of people look at a stock and think it is a guarantee to go to 100, 500 or even more which in turn gives quite a nice return. I am not telling you that you shouldn't buy FB but you should have the money spread into at least 5 stocks. FB is doing well but growth is risk.
I hope you do well in your investments and prosper.
I'm bullish on Facebook short term but for an 8 year investment no way. Yes it might triple or quadruple but it could also be completely worthless by then. For something like what you are doing why not invest in a company that you know will be around and has consistently had good returns over the past 10 years or so? There's a find line between investing and gambling. Just some friendly advice. I wish you luck sir.