Amazon Stock: Turning $100 Per Month Into $2.7 Million : vim

Amazon Stock: Turning $100 Per Month Into $2.7 Million


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Amazon Stock: Turning $100 Per Month Into $2.7 Million
Methodical investing over a multi-decade period trumps obsession over timing a trade right. This has certainly been the case of Amazon stock.
Author:
Jun 1, 2021
Amazon is one of the most cited cases of overwhelming success in Corporate America in the past couple of decades. While few could have foreseen the story unfold early enough to invest in Amazon stock at or near the IPO (i.e. perfect timing), methodically investing in  (
AMZN) - Get Report shares over time would have actually been the ultimate “grand master” strategy.
Today, the Amazon Maven asks a question and analyzes the results: how would an investor have fared since 1997, not if he or she had bought AMZN once at the IPO price, but if he or she had added $100 to the Amazon stock position each month?

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