My parents have given me access to my colleg funds. I want to make a splash. Never invested in stocks but I started watching Jim Cramerson. I want to buy GOOG, TSLA, and AAPL with about 20k of my money. I figure when they go up and double, I will be able to buy a nice car like a Hummer or something. Why just let it sit in cash and not earn me money. These stocks don't seem to ever go lower, so what does everyone think?
Invest in the companies that support social engineering, which is what manages society and keeps everyone participating without revolting. This is the biggest business there is, and it will never go away. Invest in the companies that collect big data to facilitate this industry -- Google, FaceBook, Twitter. Soon you should add Microsoft to that list, due to the Cloud.
Those are stocks not suitable for a college fund. They have all moved to nosebleed levels. And don't listen to cramer for stock picks. You would be better with 20K in etf's and diversify into a S&P 500 fund.
Since you are a ROOKIE, paper trade your money before you jump in the shark tank ... with no experience and no knowledge, you'll get eaten alive~
Check out the price of AOL if you can .... this was supposed to go on forever.
I am a strong beliver in Follow a Billionair,, Dr.Frost 149 on Forbes 500 ,, Loves PGLC . Yes I do have a lot of shares in this one myself after research.. I chose to follow a leader !!,, Check it out You might just be interested.. My Thought's It's a Gold Mine !!
Sentiment: Strong Buy