Comments by "" (@mrpmj00) on "Josh Brown: 'There is a push towards quality'" video.

,,..AMAZON: Yep, I bought a ton on the dip. It's getting cheaper relative to its current earnings (half compared to last year). Amazon invested $14 billion in the last quarter alone, the same as it spent in 6 months before that. It is a do not sell stock. ...With the Delta virus coming at full speed ahead, pandemic sales will make a comeback. Amazon is investing so much money, that no competitor will ever be able to catch up. Amazon's not going anywhere so I know that eventually it will come back. Fidelity considers Amazon as a large growth company (probably because as big as it is, it still only has 7% of the retail market) Get on board or be runover, it's up to you.
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...The problem about waiting for the stock market to tank 5%-20% is that while you are waiting, it probably went up by the same percentage so you're buying at the same price now as you would have months ago. And if the market doesn't tank, then you're buying higher. that's what they said last year and now those who stood on the sidelines are paying 60% higher because the market goes up in the long term! That's what those who stood on the sidelines in 2009 said and now it's 4-5 times more (or 450% return) because the market goes up in the long term! I bought these on the dips in the last few days. Amazon Facebook Apple Microsoft
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