1. What are the advantages and disadvantages of investing in a technology companys IPO? Will they be...

Question:

1. What are the advantages and disadvantages of investing in a technology company’s IPO? Will they be guaranteed a large return from this investment? At this life stage, would you recommend that Jamie Lee and Ross invest in an IPO? Why or why not?

The triplets are now entering high school, and Jamie Lee and Ross are comfortable with their financial and investment strategies. They budgeted throughout the years and are on track to reach their longterm investment goals of paying the triplets’ college tuition and accumulating enough to purchase a beach house to enjoy when Jamie and Ross retire.
Recently, Ross inherited $50,000 from his uncle’s estate. Ross would like to invest in stocks to supplement their retirement income goals.
Jamie Lee and Ross have been watching a technology company that has an upcoming initial public offering and several other stocks for well-established companies, but they are unsure which stocks to invest in and are also wondering if their choices will fit their moderate risk investment strategies. They want to make the best decisions they can to maximize their investment returns.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Focus On Personal Finance

ISBN: 9781259919657

6th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

Question Posted: