Mila may be very helpful in giving people the confidence to invest in the stock market as she turns her attention to Wall Street's Internet related stocks. Of course other people such as Greenspan and Kutcher are in the stock market and are hopefully helping to boost investor confidence. Monday news is reflecting on Mila's decision to hold her breath, leave safety at the door, and jump into the stock market world of tech stock. Mila told Cnbc.com:
"(I have started) educating myself a little bit more on Internet based companies. I just started investing in stocks, which is new for me. I'm an advocate of like 'put things in the bank, put it in a Cd (savings account), be safe'. And, I've been pushed kind of forward to take chances and then learning a little bit about the stock market and companies."
The stock market can be intimidating for many, but her boyfriend Ashton Kutcher has been successfully involved in a few Internet related companies including Skype, Spotify, Blekko and Foursquare.
The original announcement by Kunis was several days ago, causing the Daily Beast, Forbes and Jim Kramer to lament that Kunis is a contrary indicator and that people should jump out of the market now. The news of Kunis investing in the stock market has developed momentum and Monday headlines reflect the intense interest that people pay to celebrity financial actions. Last week it was announced that Russian hackers had revealed financial details of 14 celebrities, including Ashton Kutcher's to the world.
We wish Mila Kunis much luck. Unemployment is still high, the Feds are printing money to help pump up the economy. Many people lost tons of money through retirement accounts that were heavily invested in the stock market, prior to the 9/11 attacks in 2001 which crashed the market in 2002. Today, investor confidence may be regaining traction slowly according to Monday reports.
Many are fearing today's news of the Cyprus run on the bank, as Cyprus protest the government proposed one-off tax to fund the bailout. The Cyprus situation has sparked concerns here according to some financial pundits. Like something from the run on the bank scene in the movie "It's a Wonderful Life," people in Cyprus are scared. A run on the bank is serious signal to economic failing. Mila should be careful the global economy might be too rattled for safe investment right now. The invest in gold commercials are sounding good for many investors, as the Washington Times calls the Cyprus news "bullish news."
Is Mila Kunis on to something and smart to jump into the tech stock market? Or, should stick Kunis stick to the safe road of CD's, government bonds and savings accounts.
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