Have $100k in my bank account and $400k in Amazon stocks. How to invest the $100k?
I don’t have a house and don’t plan to buy one now. Skeptical of the stock market and waiting for the crash since mid 2020. Not a crypto believer either. However living FOMO. Edit: selling my Amazon stock to diversify will incur huge taxes for me Suggest something that will help me retire early. ~2M net worth.
Buy a laundromat
Do you own one?
Why would you even accumulate that much in 1 stock and that amount of cash?
I work for Amazon for last 10 years
Well now’s the time to sell company stock to diversify. How much higher can it go? + this is EXTREME risk to have not only your employment in 1 compnay, but your ENTIRE portfolio. No excuse to not have invested a chunk of that 100k along the way.
With that mindset, how the hell you got to 2M?
2M is their FIRE. Stop being rude when you're stumbling on your reading comprehension OP doesn't have it figured out hence asking for help.
Thanks. I can take baby steps. Got lucky with Amazon stocks
Index funds, etfs or mutual funds. At this point, you have too much to lose and shouldn’t invest in individual stocks. Compound it and hit 50m
This!
At this market, isn’t index fund risky? I am Thinking SIP instead of stocks
You gotta invest in yourself 😎
Yes. I’ll do that too
The best way to invest in yourself is to invest in a Grant Cardone course.
$100K leveraged Chiquita Banana options for total vertical integration
Amazon stocks
@uber please learn to read
I did read it. The guy doesn’t give a shit about diversification anyways, might as well go all in and not track so much random investments.
Invest your $100k and the $400k Amazon stock in an S&P Index.
I also have my entire NW in Amazon stock . Selling would trigger tax hit. How others tackle it?
You can sell the long term capital gains portion first.
"suggest me something but I already don't like it"
I know. I have been slacking on taking risks