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Discussion Starter · #141 ·
I hear that. I bought hard for 5 yrs or so and then stopped. However, those whole 5 years it always beat analyst expectations by a huge margin. Not sure why despite 5 years of a pattern I still doubt it could possible continue at breakneck speed. I should continue to buy and overwhelmingly dedicate to AMZN but yeah, it is hard to consider at these prices. One would think there will be a pull back to 2600 or so at some point, but I sure do not know.

I resumed buying some this year. Not at the rate I was in previous years but some. In that 2 years off I threw most major buys into Microsoft which was also a major win.

I opened a new account in 2016 and made some major buys. One of those was an index fund of FXAIX.
FXAIX did fine. That Sept 2016 lot of purchases shows a growth on the FXAIX of 46%. 91.18% after dividends.
AMZN in that time is up 318%.

Obviously a tremendous difference. I began selling the FXAIX 6 months ago and sending it to AMZN.
Sure wish they'd split the stock to give it an even bigger boost and attract more new buyers.
 

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It keeps going up because it is tailor made for the situation
folks are in now..no place to shop...stay at home...click on
the big "A" and yore problems are all solved..LOL

I'd like to see what their 6 month gross sales are this
year as compared to same period last year...

Double???? Triple ???
Yep. This is the perfect storm for Amazon. Covid forced everyone to buy online and they had the monopoly. Keep an eye out for when things start to return to normal and that when you should sell. It's bound to taper off when that happens.
 

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Discussion Starter · #143 ·
Yep. This is the perfect storm for Amazon. Covid forced everyone to buy online and they had the monopoly. Keep an eye out for when things start to return to normal and that when you should sell. It’s bound to taper off when that happens.
I think any selling of AMZN should not even be considered until maybe someone is desperate for cash. If you look for substantial dips, you have a lot of research to do.
 

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I think any selling of AMZN should not even be considered until maybe someone is desperate for cash. If you look for substantial dips, you have a lot of research to do.
I played several dips but have gone long since June. The shares I bought in June are already up 81% as of today.

I think I will just stay in and ride it all the way.
 
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