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REDDIT

When would you sell Amazon, if ever?

Bought a few hundred shares back in 2016. Obviously way up. Current price around $208 with all time highs a few months ago around $240. I read some interesting comments from Jeff Bezos maybe a year or so ago. Paraphrasing here but his point was you shouldn’t be holding forever. Companies have a riding high lifespan. It was probably in the context of all the Amazon shares he sold once he established Florida residency.

Stock is ripping today on the China trade deal news. Are you taking any profit soon?

Don’t need the $ near term but I will feel like a big dummy if this was my best shot at cashing out and it drops tremendously in the next, idk, 10-15 years.