Post
Topic
Board Economics
Re: Is Amazon stock a good buy?
by
audaciousbeing
on 04/07/2018, 17:14:59 UTC
I'm looking to diversify my holdings, I know bitcoin is a great investment but I'm also looking at stocks.  It's kinda scary how much Amazon has risen this past year so this may be a bad time to buy it? Any Advice?

Diversifying is good depending on where you have chosen to diversify into. Amazon is a good company and although one does not have access to their internal deals, but I don't see any threat that could curtail their existence in the near future as the company has been able to stay above board since the time I have known about them. But you just have it at the back of your mind that the income from that source is not comparable to from crypto as stability is witnessed in the market where its trading and until huge even happen such as change of management board or declaration of dividend, don't expect the any significant increase in the price and you may have to wait a long time to get your desired return.