Mila Kunis is investing in stocks. The 29-year-old actress revealed in an interview with CNBC titled "Mila Kunis on Equity Strategy" that she started to take chances.

"I just started investing in stocks which is new for me cause I'm an advocate of like put things in the bank, put it in a CD (a certificate of deposit), lock it away, 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," she told CNBC.

Kunis didn't reveal where is she investing her cash but she hinted at "Internet companies."

"I guess I would start educating myself a little bit more on Internet based companies," she said in the interview. (WATCH THE INTERVIEW BELOW).

When asked if she could reveal where she was putting her money, Kunis simply replied "no."

Kunis comments sparked a wide response on Twitter and across the blogosphere.

The Wall Street Journal warned that Kunis' move was a bad signal.

"The old adage is whenever shoe-shine boys, barbers, Hollywood types or former Fed chairmen start touting the stock market, it's time to bail out," the paper wrote.

"That's because so-called mom-and-pop investors have a history of buying high and selling low, which any layman economist will tell you is exactly the wrong thing to do in the market.

The paper even posted a story called "Five Reasons Mila Kunis Shouldn't Be Buying Stocks Now."

On Twitter, a financial adviser echoed the WSJ sentiment.

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

While others were still analyzing the move.

"Today's big question as S&P heads for record: is @RealMilaKunis buying stocks a "buy" or "sell" signal?" wrote Chris Adams, the Financial Times Markets editor.

Kunis jumped to fame on the sitcom "That 70's Show." She has landed roles in films such as "Ted," "Friends with Benefits" and most recently "Oz: The Great and Powerful."