Short-term volatility on Amazon

No Comments- Get free updates of new posts here

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.


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

Dumb dumb dumb propaganda to buy a house

  I want to show you one of the most breathtaking pieces of propaganda ever written. We’ve all heard ...

Read More

Money habits and secrets of the ultra-wealthy

Fact: people would rather talk about death than their personal finances (source). That’s right. Out of all the traditionally ...

Read More
0 0 0