GOOG is too risky for me

Whenever Google stock price hits a new high, you hear people say "I wish I had bought GOOG when it was $90. Maybe I should buy some now." I say no, not now. While Google is an excellent company and has a lot of potential, but it's current stock price is overvalued.

There is a lot of hype around Google's new technology, and how it make change the way we use the Web. But positive buzz doesn't necessary translate into good investment, I think. If I'm going invest my retirement money, I will go for investments that have more predictable growth potential.

Some interesting reading:

• Lessons of high-flying Google stock by Jeff Brown
• 23 Reasons Google Could Become a Penny Stock by Steve Baba, Ph.D.