3 ms·
No, it's not reasonable. His savings barely covers the cost of a new car (bought on an emergency). IPOs are volatile and impossible to time. On his budget, I c
by manicbovine 15y ago
No, it's not reasonable. His savings barely covers the cost of a new car (bought on an emergency). IPOs are volatile and impossible to time.
On his budget, I could see him investing a few hundred into Facebook with the intention to stay and hold, but anything beyond that is silly gambling.