Jump to content

Invest 50k in Google shares now and leave for 5yrs. Whats it worth


Recommended Posts

Speaking of investing in a single company, I invested in a company that made the guts of smart phones. My daughter was working at the company and I personally knew the CEO. I knew its growth figures and cash flow and it seemed to offer a great ROI. After I had bought the stock, its price went up and up. What we didn't know is that it was being accumulated by a hedge fund which dumped all of its shares one night when the market was closed. I had a stop-loss on the position so I didn't lose too much but many people lost over 60%. I can provide the name and symbol of the company if you want to look at its chart and read the history. I tell you this to illustrate how anything can happen. Think of BP and its oil well blowout.

BTW, Dirty Dan, I fortunately took a lot of my profits on the Friday before Black Monday when the DOW fell 1,000 points. I also sold all of my oil and energy which constituted 18% of my portfolio and took 80% losses on the holdings. Painful. I suppose that oil prices will come back eventually but I live on dividends and interest and they simply won't be paying much for a while. I kept some of the pipeline companies because their prices have been irrationally hit by the fear contagion about oil and gas. I suspect that there may be some sovereign wealth fund and hedge fund manipulation of oil prices. These powerful forces can squeeze oil prices until all small investors sell. I hope that your oil and energy holdings will be OK. I don't think that they have any more room to fall and they will certainly recover to a certain extent sometime. Twenty years is probably a good timeline on your oil and energy holdings. Do you think that your money is better invested there than in a different sector? There are good preferred stocks and investment-grade bonds that would earn you at least a 60% return over 20 years at 3+% per year.

Link to comment
Share on other sites

Google can not be trusted just because they hit the market so well the last few years. I predict that google will just be a name within 10 years, and nothing special.

bar stool talk at its best. Google is one of the largest companies in the world with huge stockpiles of cash. Is there a search engine that competes with google ....no. What about in 10 yrs? Who knows but one can possibly guarantee that they will still be the market leader.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.







×
×
  • Create New...