I hold a large position in Amzn and thinking of diversifying into something like VOO.
At what point does it make the most sense to do that?
Should I wait until the stock is up and VOO is relatively low to optimize the trade? Or is it fine to just diversify anytime, even now when both the stock and VOO are below their ATH ?
I’m wondering if this would be a loss move or if I’m overthinking and should just make the switch regardless of current prices.
Curious to hear how others approached this.
Edit - update the stock