Advertisement
Anonymous
Why is the price so high? Should I invest?
5
Discussion (5)
Learn how to style your text
Colin Lim
29 Apr 2020
Financial Services Consultant at Colin Lim
Reply
Save
Hi anon, as Jacob has pointed out, the question was discussed in the webinar yesterday. You may want to check it out if you haven't.
Amazon may look overvalued now, but over the long-term, with its growth prospects and strong mangament team (as shared by Ser Jing during the show), it could prove to be cheap. One way to think about it is, "short-term expensive, long-term cheap".
Having said that, the share price can be volatile for such companies, so investors must be able to stomach the volatility that may come with an expensive-looking valuation. If your investing psyche doesn't allow this, it might be better to go for "safer" companies.
Reply
Save
Josh Tan Jian Liang
29 Apr 2020
Co-founder https://theastuteparent.com at Promiseland Independent Pte Ltd
Hi Anon,
Amazon has outperformed DJIA significantly at this point of sharing and is undoubtly a wel...
Read 3 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Posts
Advertisement
There is potential growth for Amazon...they have branch out into various category and their potential growth is ernomous... overvalued or not , it depends whether u can stomach based on your risk and budget.
Budget is always a concern as amazon share price is 2000plus....100 shares is already 200,000 plus ....so many will deem it as overvalued.
#planwithcolinβββ