Earlier this year, when there was blood in the streets in China and stocks where down, I was close to pulling the trigger. I knew it was the time to buy, and AMZN is at an all time high. I keep beating myself up over not hitting it then. I still want some skin in the stock but $700/share is rich. However, I believe it will eventually hit $1,000 and/or split at some point.
I am new to investing in the stock market. My experience is in real estate. I have $10,000.00 that I want to invest. This is set aside to start in trading. I know the idea is to spread out my money, but I can diversify later. My thinking is to invest at least $8,000.00 I would make a nice return on my money within the year. I believe in this company and believe they are just warming up. My question is, if I only have $8,000.00 to invest, is this a smart move? I know it's not much but my return will surpass any interest a bank will return. I have additional money in the bank and it's not working for me. I want to start putting my money to work. I would like to break into day trading at some point. Is Interactive Brokers ideal for this?
If I play it right, it's going to hit a high at the end of the year, then split. At that point, I can diversify my portfolio. I want to invest in something I know and believe in. I will also be making money from Amazon from other services they offer so I will also be reinvesting some of my earnings over time, or using that money for other stocks.
Please give me any insight as I am new to the game. Thanks. Summary: New to investing, I want to invest $10,000.00, do I buy in Amazon, wait for it to hit even higher, then split? OR wait for it to drop in price, then buy? OR is $10,000.00 such a small amt to even think about AMZN.
Submitted May 10, 2016 at 10:43PM by realRedBull http://ift.tt/27crq8o
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