jkaz1
Senior
- Joined
- Feb 1, 2012
- Messages
- 4,667
Sometimes the best stock investments are right in front of everyone's nose - not always, but you've certainly pointed out a fine one.
Some of its friends in your acronym (since Wall St. loves their goofy acronyms) are also obviously of a nice quality.
One of the very first things individual stock investors should do is look at the stock chart.
If the company has never produced, why do you think it'll magically start producing for you? It could for a number of reasons, but you'd better know prior to investing.
On the other hand, if the stock chart shows that the company has almost always produced, then you could be on to something.
Lots of other variables to consider, but AMZN certainly passes that test. And others.
Some of its friends in your acronym (since Wall St. loves their goofy acronyms) are also obviously of a nice quality.
One of the very first things individual stock investors should do is look at the stock chart.
If the company has never produced, why do you think it'll magically start producing for you? It could for a number of reasons, but you'd better know prior to investing.
On the other hand, if the stock chart shows that the company has almost always produced, then you could be on to something.
Lots of other variables to consider, but AMZN certainly passes that test. And others.
I have found a relatively easy way to make money in the market. Youwon't get the highest returns possible, but your risk is very low and your returns will be steady: Amazon.
I don't have all my money in Amazon because there is this pest in my head that keeps telling me to diversify. But the reality is that Amazon has won at the game of life. And they will keep winning. And they are so big that if another company does something well, Amazon can copy and do it better. Or they can buy the other company. Amazon is well positioned to win whether there is a virus or not. All the virus has done is accelerate Amazon's victory.
you can buy all the FAANG stocks if you want more diversification, but Amazon is as sure a bet as we've ever seen