Could Buying Amazon Stock Today Set You Up for Life?
Former Magellan Fund manager Peter Lynch has always promoted buying what you know. Lynch achieved tremendous success during his investing career doing just that.His advice is one of the reasons I own shares of Amazon (NASDAQ: AMZN). Our household receives products ordered from Amazon multiple times each week. I read books on my Kindle device every day. Many of the websites I frequent are hosted on Amazon Web Services (AWS). And Alexa, Amazon's virtual assistant, is practically a member of the family.I think Amazon is a great addition to nearly any investor's portfolio. But could buying Amazon stock today set you up for life?Continue reading
Former Magellan Fund manager Peter Lynch has always promoted buying what you know. Lynch achieved tremendous success during his investing career doing just that.
His advice is one of the reasons I own shares of Amazon (NASDAQ: AMZN). Our household receives products ordered from Amazon multiple times each week. I read books on my Kindle device every day. Many of the websites I frequent are hosted on Amazon Web Services (AWS). And Alexa, Amazon's virtual assistant, is practically a member of the family.
I think Amazon is a great addition to nearly any investor's portfolio. But could buying Amazon stock today set you up for life?
