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Dollar cost averaging to zero is still zero. Best to stay away from hot IPO stocks until they have a history of earnings.
by mcknz 16y ago
Dollar cost averaging to zero is still zero. Best to stay away from hot IPO stocks until they have a history of earnings.
- chegra 16y agohmm...Risk a $1000 that can degrade to $0 or go to $50,000. The bottom is capped at $0, you cant do no worst, limited downside and unlimited upside. I think it's worth some disposable income.
- jmm 16y agoUm... that's true of buying any stock, right? So I'm not sure the logic allows you to make any kind of comparative decision.
- deleted 16y ago[deleted]
- zackattack 16y agoNot quite. Most stocks don't have 50x potential. (I'm not saying that Tesla does.)