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Anyone had a chance to invest in companies like Google and Facebook a couple of years ago......if you want to pick two to track. As they say, buy low and sell high.
As for APPL. It was kind of the favorite for portfolio managers. Think of the results when a stock consistently rebounds 10 pts after a similar dip a few days earlier. Multiple that by 100 shares repeated for several investors.
I suggest to my kids to select some stocks for kicks as if they had money invested and see how that goes. It gets them (I hope) interested in how the market works and how seemingly random events affect the market. I know. It baffles me too.
However, as it's been stated repeatedly on this thread, there's a risk in any investment whether buying stock or loaning money to a relative for a business scheme. One can play it safe and deposit funds in a federally insured bank or hide it in a tin can. For many Americans, having money to save is sometimes a struggle. But if possible, try to save some instead of living large now, a concept lost on many able-bodied citizens.
Many investors do okay, better or meh in the stock market. Not sure why some here would discourage others who have the funds, knowledge, interest and patience to try it, maybe the same ones who think nothing of gambling trips to Vegas or Atlantic City, play poker, bet on horse races or SuperBowl games or hope their restored ______ (insert favorite vehicle) creates a large ROI at auction, eBay, etc.
Sherwood
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