Quote:
Originally Posted by BMW F22
Is now a good time to buy Amazon stocks? Also, would you rather buy fewer Amazon shares or more shares of other companies for the same total amount of $.
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FYI, the price of a stock literally means nothing. 1 share of AMZN or 185 shares of GE is still worth the $1500.
To think a person would literally spend $1,500/share on something based on people (mostly n00bs) recommending it on a discussion forum is preceisely why the financial industry exists and robs people blind. People don’t want to understand jack shit and they are willing to let a complete idiot manage their life savings.
Yet the same people use coupons, bundle their home/auto insurance to save money and research what refrigerator to buy for 6 months. Amazing.
You have to do your own research and understand what you’re buying, period.