If you can’t determine whether this is a good idea, then it’s not. If you knew how to assess the value of the company against share price and total shares, the math would tell you whether it’s worthwhile.
For a n00b don’t start with investing in individual companies, just start with something that mitigates most of the risk. Presuming you’re young, a “high risk” mutual fund would probably be an appropriate start. If your risk tolerance is low, a growth fund is probably what you want.
If you have cash to burn, go ahead and YOLO in the stock market, but please get more information than what you’d find on WSB. Meme stock loss porn is real.
I’m not particularly young, but I’m now at one point in my life where I am on the upturn financially, and I was thinking of making my money do more for me.
WSB = ?
Any tips on going with a growth fund? What should I look into?