\color{navy}{\text {Okay, this looks like an easier way to do it}} \\
\color{RoyalBlue}{\text {There are a lot of named colors}} \\
\color{purple}{\text {Dozens of them}} \\
\color{ForestGreen}{\text {And if you use the text command, then it handles spaces correctly}} \\
Here’s a list of colors.
And this is the the way to do it:
$\color{navy}{\text {Put your text here}}$