The Investment Thread

So I really know nothing about the market but I have a few positions that I have been told I need to diversify. You all seem to know at least as much as the fin consultants that I have spoken to; without the feeling you are trying to sell me something.

Anyway, I am 45 have about $500k in a standard 401(k) and 45 pre split shares (so 900 now) of AMZN. All the rest of my money is in two properties (one is my house and one is a investment property that draws income).

I have been told everything from you’re perfect don’t change a thing, to completely diversify that AMZN.

I am not sure I will do anything at least not right now with Amazon down but I was interested in the opinions of those that know more
Odds are, your 401K is pretty well diversified.

Is your AMZN shares in an IRA or something?

Honestly, I wouldn't divest from AMZN, unless you decided to take some profits and apply them elsewhere.

Overall, I'd expect AMZN to do better than the S&P 500 in the long term.

Good companies / businesses will out perform the markets. This is why APPL, GOOG, etc tend to beat the overall market.