Short-term volatility on Amazon

No Comments

0 0 0

I own some Amazon stock. For the last few months, my Amazon shares were down about 20%.

Over the last 2 days, though, there has been an absolutely humongous jump in the stock.

amznjump.gif

When it was down 20%, what did I do? I just held the stock. In fact, if I could have bought more, I would have. I thought (and still think) the company is fundamentally good, regardless of any short-term volatility. And now that’s it’s way up, what will I do? Nothing. Just wait and see. Not as sexy as those guys on CNBC, I know. But I don’t need the money anytime soon.

0 0 0

Related Articles

The intriguing psychology of “travel porn”

Notice how some of the most popular blogs and Instagram accounts are people sharing beautiful travel photos. In fact, when ...

Read More

Conquering guilt: How to enjoy what you’ve earned

If it were up to personal-finance “experts,” we’d never spend a penny on ourselves. We’d save 80% of ...

Read More
0 0 0
 

Comments are closed.