SBM team says, “Whether you’re obsessed with keeping your Snapstreaks going or have no idea what that means, you may be itching to invest in this week’s initial public offering of Snap Inc., parent company of the popular Snapchat app.

The appeal is understandable. For users of the app, owning shares of a company you use every day (or hour) can seem like a good investment. For nonusers, the urban legends of get-rich-quick IPOs are exciting enough on their own.

Of course, not every IPO is a success. And even if Snap gets off to a good start, its stock may still not be the best choice for you. Here are some tips on deciding whether Snap — or any highly anticipated IPO — deserves a place in your portfolio.

How to Decide if You Should Buy Snapchat Stock

Consider the Risk

When you’re first learning how to buy stocks, a hot prospect like Snap can be appealing. But there’s a lot to consider before you click the buy button”.

Should You Invest in the Snapchat IPO? Read This First

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