Hey everyone Amazon stock is at 2300, and i wanted to know if you think it will continue up, or once everything with the virus calms down abdc we go back to a normal life, will it drop? I'm asking because im considering selling my shares (110), or should i hold. TC -254k
I liquidated most at 2100. That’s nearly quadruple what it was valued at originally, and I can always put it into index funds. Greed is dangerous.
Nice
If only anyone knew the answer to that question. Sell some and keep cash. Few weeks ago when Amazon touched 1600s, did you have a similar question? COVID situation is volatile and cash will come in handy if things go south.
Actually i did have that question when it was, but i never asked that in here
Keeping all your eggs in one basket is OK till It’s not. Liquidate a part of your portfolio and sit on the sidelines. The algorithms and FED money are driving the market. You will anyhow get more stocks every year 😃
Depressions hit everyone eventually.
Why not sell half or some?
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Sell some, if you change your mind, buy back at 1700 in a few months