Invest in Your Future -- Buy GOOG @ $400
Hello, you only need $400 to buy one share of Google (GOOG). Show me someone at ASU who cannot scrape together $400. And it is a for a good cause -- YOU! Here's why I recommend buying Google, now.
- Google owns online advertising.
- Most advertising budgets are still spent on TV and print.
- Advertising budgets continue to move online.
$$$ Google has only scraped the tip of the online advertising iceberg!
It is very possible that the stock could reach $500 - $600 in the next one to two years. That is potentially a cool 50% profit! If you were (like me) sitting on the sidelines two years ago...well GOOG may have looked too expensive then at $200. Ooops. I am not missing this boat twice. I bought mine yesterday.
Take a few minutes today to pickup one share of GOOG. If you do not have a brokerage account‡, you can open one online in five minutes. I recommend Charles Schwab, E*Trade or AmeriTrade. I think Schwab offers better customer service but AmeriTrade also has no minimum balance and E*Trade has the lowest commissions. Start a good habit now, today. Take a measly $400 and five minutes and invest in your financial future. You will thank yourself later.
BTW, my style is if it drops more than 10% -- sell it! I'd rather take a small loss and invest it elsewhere than risk riding it into the ground. Keep an eye on your portfolio. If you do not trust yourself then place a "sell stop" order 10% under your purchase price.
‡ Alternately you could open an IRA account. Your $400 investment will be tax deferred--and so will the profits! Note however that any trading commission is not deductible and also comes out of your yearly maximum allowed contribution. Not that that is a big deal but wanted to mention it anyhoo.