Stock advice?

Currently im thinking of investing money in my fathers/uncles co. They have an impressive setup, for a brand new company. The thing is that these stocks are not set up to be publicly traded. I am going to get them at .10 a share.(The real selling price that they are going for now is 1.00 pre share) But since im familiy I get it at a lower rate. I asked my father if the company had any intentions of going public, or if they had a license yet? He said the company was going to wait untill they got a few more sponsers, before they went public. Also, would you invest or would you wait? The company is spreading like wildfire, if your in tune with the NHRA, look at vegas fuel, or jagermister… Thats who theyre affiliated with. What would you do in this situation?

Answer #1

Depends, really. For my wife & I, we’ve had a pretty consistant investment strategy, and tend to want to only invest in 2-3 projects we believe will meet our goals. So far, it’s worked.

However, if you’re not already investing elsewhere & you have the money, then it might be worthwhile to invest a small amount & see how it goes. Any stock will be more volatile & risky (generally) than a bond, but that’s on the downside and the upside.

Similarly, any other investment like real estate right now (not great, considering the market) Gold, already too inflated…and international markets have been performing best over the last few years, but with legal issues (eg, they have a different legal system, so does that mean you’re more or less secure than putting your money in a US business?).

We had a friend of the family offer us an amazing investment recently, but we passed, because while the return was going to be 20%+, based on the same experience they had previously, our investment portfolio in our standard investments has been far better over the last few years, so it didn’t make as much sense.

Answer #3

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