Is it a good idea to buy an IPO?

Rafaela asks:
I know nothing about stocks, so use simple terms. But an up and coming company that I’m a customer of has asked me if I want to buy 100 to 5,000 shares. I’m struggling financially but I really believe in this company. Should I invest? Can I re-sell my stocks that day? Will it be hard to contact someone with the “limited purpose brokerage account” I’ll be set up with? I’m thinking once they open everybody is going to go nuts and buy their stock. Does that happen? I don’t know how this process works at all. Thank you for your thoughtful advice.
I know nothing about stocks, so use simple terms. But an up and coming company that I’m a customer of has asked me if I want to buy 100 to 5,000 shares. I’m struggling financially but I really believe in this company. Should I invest? Can I re-sell my stocks that day? Will it be hard to contact someone with the “limited purpose brokerage account” I’ll be set up with? I’m thinking once they open everybody is going to go nuts and buy their stock. Does that happen? I don’t know how this process works at all. Thank you for your thoughtful advice.


























