Subject: Re: accumulate at presnt share price?
Would appreciate hearing thoughts as to whether GOOG is presently worth accumulating with a 10+ year horizon.
10 Years is a long time! I am not sure there are any investments (other than SPY) that I would put in that bucket. If you truely have such a long term horizon then really any price is likely to work out ok.
If you look back one post I listed a forecast price range of $170 to $205 - so current level of $175 is "fine" but not at a level that I am adding. If it got back below $150 (which is possible with a wider market pullback) I would put this on my buy list.
tecmo
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