Why I'll Never Sell My Amazon Stock

In a perfect world, you'd get to hold every stock forever. Serious investors love to buy great stocks and then do absolutely nothing for many years or even decades, just watching their investments evolve and grow value. That's how master investor Warren Buffet built his enormous wealth, and the same strategy works wonders for us ordinary investors, too.

I certainly plan to hold most of the stocks in my real-money portfolio for a very long time. In most cases, I can still imagine massive market shifts that might force me to reconsider. If my original investment thesis no longer holds true, it's time to sell. But when it comes to e-commerce giant Amazon.com (NASDAQ: AMZN), I really do hope to keep that stock essentially forever.

Here's why.

Continue reading


Source Fool.com