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That's just hindsight imo. Shit could've dipped at any point for market or amazon-specific reasons. Would you have bought 10s of thousands dollars of AMZN? Pro
by whateveracct 4y ago
That's just hindsight imo. Shit could've dipped at any point for market or amazon-specific reasons.
Would you have bought 10s of thousands dollars of AMZN? Probably not. That's how you evaluate it.
I've always sold and never regretted and I ended up plenty wealthy.
Also - anyone still sitting on their shares would've gotten hosed by your advice per the above article. Your take seems to sum up to "time the market"
- prng2021 4y agoNo, my point was that always selling at vesting is not good advice. If you were a long term investor and held onto AMZN over a 10 year or longer time span, you would have most likely been way better off than just selling at vest and doing something else with that money. That's the complete opposite of trying to time the market.
- whateveracct 4y agoYou'd have to be pretty high on Amazon to bundle its risk with your only income. If you don't open yourself to getting double-screwed, you can use that risk somewhere else. I guess we are just talking about diversification here.