Buy Google

I bought some more Google yesterday. Google has fallen from almost $750 a share to $450 a share. Now before some people get excited about how bad that is: until about 18 months ago Google had never been as high as $450 a share. Anyway, I think at this price it is a great long term buy. Time will tell whether I was wise or foolish. FYI, $450 is over 100% above my original purchase price a few years ago. I am happy it has fallen and given me this opportunity to purchase more.

Related: 12 Stocks for 10 Years Update (Feb 2008)Is Google Overpriced?Great Google Earnings (April 2007)Stop Picking Stockspost on our management blog on Google

Comments

One response to “Buy Google”

  1. For those that don’t find picking stocks fun it is nice to know that just investing in indexes is likely the best option for almost everyone…

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