Posts  / AMZN  / #POST-209963
REDDIT

Have I bought too much MAG 7?

I’m 20 and I’m from Australia. Pretty new to buying US stocks. However because of the market downturn I’ve bought some MAG 7 companies that I believe in as follows:

AMZN - position: 5.6 - Avg price: 188.3

NVDA - position: 3.9 - Avg price: 111.3

GOOG - position: 1.9 - Avg price: 161.9

AAPL - position: 0.46 - Avg price: 214.1

But now I’m thinking I’ve invested too much into most of the MAG 7, instead of doing this I could have just put it into a SNP500 fund (I also invest in ETFs, have a good amount in VGS and VAS)

The company I’m most bullish about is AMZN and recently been reading about GOOG being undervalued. Some should I keep these and then just focus on the two I’m most confident about or keep doing what I’m doing? Some advice would be great thanks.