Depends on how many shares you own and if you convert them to cash by selling. If you own 1 share, who cares. If you own a thousand, great job and cash out.
I think we are getting very close to a temporary market top. I won't be surprised if one these hitting $1000 marks that point. i.e. Could happen at any point now, IMO.
AMZN got as high as $998.50 yesterday.
If short term corrections (or consolidation) don't bother you, they have a long way to run long term: being two of the best companies for AI.
Given the realistic possibility of something happening in the next twenty years that will make paper assets not worth the paper they are printed on, it would seem that the assets that have value during depressions and wars are the only assets worth holding.
I think at some point Alphabet passes Amazon, just because Amazon will be subject to retail cycles in a more direct line, i.e.; consumer discretionary spending, even though it is changing, will become even more predictable with increasing AI usage.
I think they will both go higher in the long run. I watched an interview with Bezos and he explained that they plan out the actions and expected revenues of each quarter several years in advance, which means they are already planning things that they will do in 2020 to increase revenue.
Alphabet will also because they are leading, IMO, on the self-driving car technology (not to mention an assortment of other technologies and AI). Their Google assistant is better than Apple's Siri, etc.
I, too, think they will go higher. AMZN seems to gain at (or at least lose slightly less) at the expense of its retail competitors (Macys, Sears, Staples, Best Buy ... pretty much everyone not Walmart, Nordstrom, or Saks Fifth or maybe Home Depot). The Dollar Stores" (various) do okay as a group but probably not individually. WMT seems okay conceding sales to Dollar General, et al on the very low-end for the really poor urban and rural shoppers, who can't afford WMT, let alone AMZN.
I find it interesting. I wish I had spare money each month to buy stocks like AMZN or GOOG. But I watch with interest so I'll be ready to dive in when my finances change for the better. So, I hope AMZN and GOOG improve because someday I'll join the ranks as a capital owner, too. :)
I'm very interested in the stock market, because the higher it goes the sicker our society is. So I would never skip any threads about it.
The stock market is a Ponzi scheme. When it goes up, its because of pop, the Price to Earnings ratio going up. And then sometimes that actually encourages spending and so it will factor back into balance sheet gains. This means more consumption of irreplaceable resources.
With each boom and bust, we become more like a 3rd world country.
"The Economy" is a mind fuck. There is no such thing. The only reason we need these market indices is so that the news has something to report on.
High stock market means that people are putting money into speculation, instead of things more tangible to them. You can measure how sick our society is by two things:
How high the stock market indices are.
How much money is going into churches.
The best thing which could possible happen is a stock market and consumption collapse.
@SJG You are delusional and joyless,you just want to drag everybody down because you are so pathetic, you need to knock down everything and everybody. You really have no interest in the market, the only thing you have any interest in is the sound of your own voice. The proof is very simple you spew uninformed opinions on everything, from the Market is a Ponzi Scheme to politics is a scam nobody ever knows anything, but somehow you, in a very Trumpian way, have all of the answers. this so-called organization you are involved with is going to be the new world order. Women are going to be sexbots willingly, and everybody is going to get money for doing nothing. You are seriously twisted and need to shut the fuck up I for one and sick and tired of your hypocritical bullshit. Why don't you go out into the real world, and get a fucking life.
I know every answer that you have your repertoire, I and everyone here has heard them a thousand times, and they still make no sense no matter how often you repeat them. Why don't you shut the fuck up and try to come up with something new.
Homophobia? No. Anal Tastes? Have to think about that one.
SJG
Lenin, insisting that the Czar must be shot, as early as 1903. I'm liking Lenin more and more. I would like to be in a revolution, or even to lead one. youtu.be
Historically the problem with WMT was it would move in and displace (or buy out) small stores, then offer to hire the displaced retail workers at less than half of their old hourly wage, in the late '80s. We were on the receiving end of that, once. But WMT was just tapping into where the market would eventually head. No longer needed are retail workers who need expertise or experience about the products being sold. Fast-forward: nowadays shoppers just do their research online using a smartphone (or a computer) then shop for best price. So WMT was pulling a Wayne Gretzky and skating to where the puck was going. So maybe the Walton family are geniuses.
It's a good question which one is the better longer term bet. I know several people who work at both companies and both companies have an extremely high talent level. Maybe GOOGL is a bit higher. But AMZN wants to get into more businesses. At some point I wonder if they will bump into anti-trust concerns. GOOGL also seems to lean slightly more toward research while AMZN interest are all very tangible. Real coin toss, IMO.
Think about it some more. I think I would put my money on GOOGL. Seems it would be harder to imitate them, whereas AMZN can have imitators (or are they the ones imitating?). As specific I am thinking of AMZN vs NFLX.
Amazon's infrastructure would really be hard to compete with, and with them adding more and more services I don't see anyone really giving them a problem.
Are you guys for Net Neutrality? Or is it Un-American to dis-allow the big players (NFLX, etc) from being able to pay more money to American ISPs for faster end-user access?
Comments
last commentDepends on how many shares you own and if you convert them to cash by selling. If you own 1 share, who cares. If you own a thousand, great job and cash out.
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I have taken profits on both many times over the last decade my original investment in both has been recouped at least 270%.
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The way is should work. Kudos on doing it right.
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I think we are getting very close to a temporary market top. I won't be surprised if one these hitting $1000 marks that point. i.e. Could happen at any point now, IMO.
AMZN got as high as $998.50 yesterday.
If short term corrections (or consolidation) don't bother you, they have a long way to run long term: being two of the best companies for AI.
Log in to vote
Given the realistic possibility of something happening in the next twenty years that will make paper assets not worth the paper they are printed on, it would seem that the assets that have value during depressions and wars are the only assets worth holding.
Log in to vote
I think at some point Alphabet passes Amazon, just because Amazon will be subject to retail cycles in a more direct line, i.e.; consumer discretionary spending, even though it is changing, will become even more predictable with increasing AI usage.
Log in to vote
I think they will both go higher in the long run. I watched an interview with Bezos and he explained that they plan out the actions and expected revenues of each quarter several years in advance, which means they are already planning things that they will do in 2020 to increase revenue.
Alphabet will also because they are leading, IMO, on the self-driving car technology (not to mention an assortment of other technologies and AI). Their Google assistant is better than Apple's Siri, etc.
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I, too, think they will go higher. AMZN seems to gain at (or at least lose slightly less) at the expense of its retail competitors (Macys, Sears, Staples, Best Buy ... pretty much everyone not Walmart, Nordstrom, or Saks Fifth or maybe Home Depot). The Dollar Stores" (various) do okay as a group but probably not individually. WMT seems okay conceding sales to Dollar General, et al on the very low-end for the really poor urban and rural shoppers, who can't afford WMT, let alone AMZN.
I find it interesting. I wish I had spare money each month to buy stocks like AMZN or GOOG. But I watch with interest so I'll be ready to dive in when my finances change for the better. So, I hope AMZN and GOOG improve because someday I'll join the ranks as a capital owner, too. :)
Log in to vote
I'm very interested in the stock market, because the higher it goes the sicker our society is. So I would never skip any threads about it.
The stock market is a Ponzi scheme. When it goes up, its because of pop, the Price to Earnings ratio going up. And then sometimes that actually encourages spending and so it will factor back into balance sheet gains. This means more consumption of irreplaceable resources.
With each boom and bust, we become more like a 3rd world country.
"The Economy" is a mind fuck. There is no such thing. The only reason we need these market indices is so that the news has something to report on.
High stock market means that people are putting money into speculation, instead of things more tangible to them. You can measure how sick our society is by two things:
How high the stock market indices are.
How much money is going into churches.
The best thing which could possible happen is a stock market and consumption collapse.
SJG
math.com
amazon.com
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@SJG You are delusional and joyless,you just want to drag everybody down because you are so pathetic, you need to knock down everything and everybody. You really have no interest in the market, the only thing you have any interest in is the sound of your own voice. The proof is very simple you spew uninformed opinions on everything, from the Market is a Ponzi Scheme to politics is a scam nobody ever knows anything, but somehow you, in a very Trumpian way, have all of the answers. this so-called organization you are involved with is going to be the new world order. Women are going to be sexbots willingly, and everybody is going to get money for doing nothing. You are seriously twisted and need to shut the fuck up I for one and sick and tired of your hypocritical bullshit. Why don't you go out into the real world, and get a fucking life.
I know every answer that you have your repertoire, I and everyone here has heard them a thousand times, and they still make no sense no matter how often you repeat them. Why don't you shut the fuck up and try to come up with something new.
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Hang in there 25, Webvan guy will be at your door soon:
aquaphorus.com
SJG
Viva Maria ! - Générique : L'Irlandaise (Georges Delerue)
youtu.be
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Even your insults are joyless the all reflect your homophobia and your anal tastes.
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Homophobia? No. Anal Tastes? Have to think about that one.
SJG
Lenin, insisting that the Czar must be shot, as early as 1903. I'm liking Lenin more and more. I would like to be in a revolution, or even to lead one.
youtu.be
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You say no to being homophobic than try to explain your infatuation with phallic symbols and your use of anal creams and lotions.
Get a fucking life
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dublinsmickdotcom.files.wordpress.com
SJG
Last of the Czars
youtu.be
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A centaur how homophobic!
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Supposed to be Pan.
Anubis
1.bp.blogspot.com
SJG
Dark Lord
conspiracyrevue.files.wordpress.com
Last of the Czars
youtu.be
Last of the Czars - 02 - The Shadow of Rasputin
youtube.com
dublinsmickdotcom.files.wordpress.com
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Another Persian phallic symbol you need to look elsewhere you are full of dick symbolism.
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walmart.com
SJG
Anubis
1.bp.blogspot.com
Dark Lord
conspiracyrevue.files.wordpress.com
Last of the Czars
youtu.be
Last of the Czars - 02 - The Shadow of Rasputin
youtube.com
dublinsmickdotcom.files.wordpress.com
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Now you are reaching, is that your feminine side kitchen bowls I would think you consider Walmart the evil empire.
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Never bought anything in a Walmarts, never will.
:)
SJG
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You posted their catalogue.
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:)
SJG
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Did I actually get you to shut up ? ; )
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Historically the problem with WMT was it would move in and displace (or buy out) small stores, then offer to hire the displaced retail workers at less than half of their old hourly wage, in the late '80s. We were on the receiving end of that, once. But WMT was just tapping into where the market would eventually head. No longer needed are retail workers who need expertise or experience about the products being sold. Fast-forward: nowadays shoppers just do their research online using a smartphone (or a computer) then shop for best price. So WMT was pulling a Wayne Gretzky and skating to where the puck was going. So maybe the Walton family are geniuses.
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d.ibtimes.co.uk
People do better when they start their own companies, just like Elon Musk.
SJG
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It's a good question which one is the better longer term bet. I know several people who work at both companies and both companies have an extremely high talent level. Maybe GOOGL is a bit higher. But AMZN wants to get into more businesses. At some point I wonder if they will bump into anti-trust concerns. GOOGL also seems to lean slightly more toward research while AMZN interest are all very tangible. Real coin toss, IMO.
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Think about it some more. I think I would put my money on GOOGL. Seems it would be harder to imitate them, whereas AMZN can have imitators (or are they the ones imitating?). As specific I am thinking of AMZN vs NFLX.
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Amazon's infrastructure would really be hard to compete with, and with them adding more and more services I don't see anyone really giving them a problem.
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AMZN and NFLX are strategic partners, no? NFLX is the largest customer of AMZN's cloud infrastructure I believe.
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Yep, NFLX runs on AWS.
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Are you guys for Net Neutrality? Or is it Un-American to dis-allow the big players (NFLX, etc) from being able to pay more money to American ISPs for faster end-user access?
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