would buying a couple shares of google be a safe investment?

Question

im thinking about buying a couple of shares of google as a possible investment for my sons (10 and 4 years old). im not looking to become a pro at the stock market, and am only interested in buying a max of around (4) shares. i notice google is doing some pretty cool stuff and it appears they are heading in the right direction. however, @ $600+ a share, i want to be pretty confident that there is no news out there of impending doom for google that im not aware of.

thanks in advance!

Answer 1

there are few individual stocks that I would ever consider putting $2400 into to wait till my kids are out of school to see what they are worth then. However, McDonalds is one of them, why, they have been around forever and are not going anywhere. I know Google is the top stock for the internet, however, its the internet, things happen, virtual companies fall. Even the ones that are making a BOOM. If my dad invested $2400 in Atari when I was 4 and I cashed it out at 18, I would have had about $240.

I would almost recommend using a portfolio builder online, and investing $30 a month into each acct. (2 of them) and using anything less than a moderate risk. See what happens then, when the kids are 18...

Answer 2

Google is a solid company, however its stock price is very overinflated right now. Considering it was at $741 on 11/6 and closed today at $630 - I wouldn't touch it with a 10 foot pole.

Why not look at something like McDonald's. Its another sound company (but without the inflated stock price), it pays a handsome dividend, and a good deal of its business happens overseas (so its a domestic stock, but also has international overtones - the int'l market has more room for growth then the domestic). Plus its only about $57/share. The reason I recommend MCD is that I assume you are wanting a product your sons would recognize. There are other sound companies out there, but are your sons going to truly appreciate how good a company 3M or Caterpillar are?

You may shop around the internet some more and see if any money advisors have selected some "kid friendly stocks". Its quite possible that someone has written an article on that. Wish I were a freelance writer, I'd jump on this topic.

Answer 3

I am a trader. Sounds like you are looking for a long term investment. It does make a difference. Does not matter whether you want to be a pro or not, you do not want to buy at the wrong time. As of 11-15-2007 close, I'd wait until Google verifies its basing at the 50MA and starts an uptrend prior to buying. You would also have a higher probability of selling Google later with a gain if you wait until the market were to have started an upward trend. It may break down through the 50MA. Even as an long term investor, you should have some rules for when to sell, before you buy. Google stock may nose dive to $100 next year or continue higher from $600+.

Answer 4

No individual stock is a safe investment--you're putting all your eggs in one basket. You can dramatically decrease your risk by buying a mutual fund of many stocks. Try Vanguard's Total Stock Market Index fund.

Answer 5

a good number of helpful advice right here. Watch the variety you utilize your brakes, in no way use the front brake i n a cornering concern... remember, as somebody else already stated, the 1st jiffy of a rain are very risky through fact the pavement gets VERY slick till it rains adequate to bathe the buildup of highway dirt away... additionally be careful of the painted strains on blacktop, they are slicker than the the remainder of the line in rain, and fallen leaves on the line, in fall, are very slippery and could be prevented.in no way split lanes of site visitors, or enable attitude impression your greater acceptable judgement, that places you in probability and provides us all a black eye. I particularly have been driving for 38 years, and function fallen down in basic terms a million time, yet that one time made a actual impact on me. Have admire on your bike. anticipate the place you're able to ditch if the guy rolling as much as the stop sign seems as though he could roll on with the aid of, as he properly could, and that's going to be as much as you to shop your epidermis... journey slow and functional, take exhilaration in our environment... seek for 2 lane routes rather of Interstating it, the journey would be greater comfortable and you gets plenty greater amusement out of it. finally, good luck to you. driving is a actual privilege, feeling the warmth and funky air wallet at nighttime, feeling particularly related to the exterior. I desire you a life-time of chuffed driving thoughts.....

Answer 6

I feel that as an investment, you can't go wrong. You don't mention how long you plan on holding these shares. Hang onto them for as long as you're making a profit...watch daily activity and sell when you see a downward trend before it reaches your purchase price.

Answer 7

I would, I have been thinking about investing in it because its the best search engine out there