Kunis Discovers Stocks: Actress Mila Kunis Talks Investment In CNBC Interview; Celebrity Interest In Stock Market Suggests Impending Crash?

Mila Kunis discovers stocks in a segment on CNBC that aired on Friday, March 15.

Although Kunis has discovered stocks, market experts think the actress could be walking into a trap. In the clip, Mila Kunis talked about her interest in investing. She stated that she's learning to keep her money in places besides cash.

Kunis said, "I just started investing in stocks, which is new for me. I'm and advocate of like put things in the bank, put it in a CD, 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."

Unfortunately, experts say that Mila Kunis may have discovered stocks at a dangerous time.

Market experts claim that when amateurs make moves in the market after a run-up of big gains, it's usually a sign that a crash is forthcoming.

Joseph Kennedy earned a fortune off of stock market speculation back in the 1920's. He once said that he knew it was time to get out of the stock market when shoeshine boys started giving stock tips.

Kennedy avoided the 1929 crash that led to the Great Depression by taking that as a sign to get out of the market. Perhaps investors should take his advice and consider Kunis' introduction to the stock market as a sign of another impending crash.

Kunis isn't the only celebrity that has started getting more involved in the financial market.

Some celebrities have even started giving financial advice.

Rachel G. Fox is a 16-year-old actress with a recurring role on Desperate Housewives and Melissa & Joey. In addition to being an actress, Fox is an 'accomplished' day trader with a blog titled 'Fox on Stocks'.

 The Daily Beast notes that Fox is too young to clearly remember the market crash of 2008, including its causes and the signs of its approach.

In addition, last summer, Kim Kardashian suggested that people should buy Apple stock.

She tweeted, "Wow RT @ sheerazhasan: Apple Becomes the Most Valuable Company in History." Soon after the tweet, Apple stocks began declining in value. 

A trader who breaks financial news on Twitter, Financial Acrobat, considered Mila Kunis and other celebrities' interest in the stock market a bad sign.

Financial Acrobat tweeted, "When people like @FoxonStocks and @RealMilaKunis start talking stocks, we are normally at the very end of a bull market."

The stock market does seem to be like a bull market at the moment, with the Dow Jones at an all-time high and the S&P 500 close to its all-time record.

Hopefully the experts are wrong, and the interest of celebrities like Mila Kunis in the stock market is just a trend, and not a sign of yet another economic collapse. 

Show comments
Tags
world news
Mila Kunis

Featured