Wednesday, December 21, 2022

12 amzn

 decided to get 12 amzn

to make it 100 shares

so I have built out all my positions

googl, tsla, amzn, grab, etc

all have nice numbers


at first i wanted to preserve more cash

to ration it to maybe 2k per month

to use my bonus prudently

but i think that aiming for price is also ok

like tsla to go to 100

and I have funds for that

have not decided on amzn or googl price


i also think i have more funds than i think

currently, with this amzn purchase, i have S$4.5k of bonus left

amzn PS ratio is currently 1.7


what i like very much about it is that it keeps using its earnings to strengthen itself

and because of this, PE ratio is high, PS ratio is very low

it is good that many do not invest in it due to high PE

but I am someone quite drawn to PS ratio







i am not really sure how i will use the remaining 4.5 k

but tsla heading to $100 is something on my mind

so this fund still allows me to have some more plays

other than that, maybe i will also have other ideas along the way

i am in no rush as i have built up my positions

get the number of shares that i have hoped for

so now i can just wait for shares to go much lower before dipping in


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