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re: Wanting to buy Amazon - Questions
Posted on 5/28/20 at 10:00 am to GentleJackJones
Posted on 5/28/20 at 10:00 am to GentleJackJones
What’s your goal with the purchase? Short term, long term? Amazon has always been a good investment and a big player in large cap funds. I’m personally a big believer in spreading out your risk and reward over the broader market. My advice would be buy more into your index funds. If you wanted to buy amazon as a short term buy to ride the stock up from the dip your a little late. If it’s a long term investment you can’t beat the risk mitigation of an index fund versus a single stock. What if amazon got labeled as a monopoly in the future and broken up? How much are you looking to invest?
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