I have found a relatively easy way to make money in the market. Youwon't get the highest returns possible, but your risk is very low and your returns will be steady: Amazon.
I don't have all my money in Amazon because there is this pest in my head that keeps telling me to diversify. But the reality is that Amazon has won at the game of life. And they will keep winning. And they are so big that if another company does something well, Amazon can copy and do it better. Or they can buy the other company. Amazon is well positioned to win whether there is a virus or not. All the virus has done is accelerate Amazon's victory.
you can buy all the FAANG stocks if you want more diversification, but Amazon is as sure a bet as we've ever seen
I don't have all my money in Amazon because there is this pest in my head that keeps telling me to diversify. But the reality is that Amazon has won at the game of life. And they will keep winning. And they are so big that if another company does something well, Amazon can copy and do it better. Or they can buy the other company. Amazon is well positioned to win whether there is a virus or not. All the virus has done is accelerate Amazon's victory.
you can buy all the FAANG stocks if you want more diversification, but Amazon is as sure a bet as we've ever seen