I'm thinking about going threw stock trade to get some stock. I have 10,000usd to spend and try to invest for the future. I know some of you all might hate me for saying this but I'm thinking of getting some BP stock and sitting on it for a while since it could double its value for each share example today 28.75 next year 45.76 a share. The cap seems to be holding but I'm wondering if I should wait till December to buy it. Also I was going to buy Microsoft stock and maybe some more proctor gamble. I only have 200 shares in that since it just split a while ago.
BP 37.10 Arrow Down -4.68%----------- 100shares = 3,710
MSFT 24.89 Arrow Down -2.43%--------------- 100 shares = 2,489
PG 61.99 Arrow Down -1.18%-------------------- 100 shares = 6,199
Total = 12,389
I'd be 2,389 short but I could knock down BP to 50 shares ect. and hope it splits soon. Would you all think this would be good investments ?
BP 37.10 Arrow Down -4.68%----------- 100shares = 3,710
MSFT 24.89 Arrow Down -2.43%--------------- 100 shares = 2,489
PG 61.99 Arrow Down -1.18%-------------------- 100 shares = 6,199
Total = 12,389
I'd be 2,389 short but I could knock down BP to 50 shares ect. and hope it splits soon. Would you all think this would be good investments ?