Should I invest in Google stock after the IPO?
Google just went public at $85/share and it's already at $140. Is it too late to buy or will it keep going up? Search advertising seems like a real business model unlike the old dot-coms. But $140 for one share seems expensive. My friend says Google is the next Microsoft. Is this another tech bubble?
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3 Answers
Read 'The Millionaire Next Door' and 'A Random Walk Down Wall Street.' Those two books taught me more about money than anything else. The library has them for free. Most people who look rich are actually drowning in debt — real wealth is quiet.
If your employer offers a 401k match, contribute at LEAST enough to get the full match. That's free money — like a 100% instant return. Skipping the match is leaving thousands of dollars on the table every single year. Do that before anything else.
I'd talk to a few different banks and credit unions, not just the first one. Rates and fees vary a lot. Credit unions especially tend to have better rates than big banks because they're nonprofit and member-owned. Always shop around.
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