How To Buy A Share Of Amazon

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You, Bezos Bud? How to Snag a Slice of the Amazon Pie (Without Getting Eaten by Capitalism)

Let's face it, these days everyone's got Amazon envy. They're practically delivering dreams to your doorstep in two-day shipping. But have you ever considered being on the other side of that cardboard box? That's right, I'm talking about becoming a shareholder, a fancy way of saying you own a tiny piece of the Amazon empire (and the bragging rights that come with it).

Now, before you imagine yourself reclining on a yacht made of Prime subscriptions, hold on there, Bezos. Buying a share of Amazon can seem about as clear as a page filled with those teeny tiny product descriptions. But fear not, fellow consumer comrade, for I'm here to guide you through the jungle of financial jargon.

How To Buy A Share Of Amazon
How To Buy A Share Of Amazon

Step 1: Find Your Inner Investment Indiana Jones (Without the Fedora)

The first step is to choose your weapon of choice: a brokerage account. Think of it like your investing basecamp. There's a whole range of online brokers out there, each with their own fees and features. So, do some research, compare prices, and pick the one that best suits your investing style (armchair billionaire or nocturnal penny-pincher?).

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Pro Tip: Look for a broker with low fees and a user-friendly platform. You don't want to spend more time deciphering menus than deciding what stock to buy (unless that stock is a company that makes menus, then maybe that's your thing).

Step 2: Speak the Lingo Like a Wall Street Wolf (Without the Unethical Part)

Now, you're probably wondering, "How much Amazon can a mere mortal afford?" Well, the good news is you don't have to buy a whole share! Many brokers allow you to buy fractional shares. Basically, it's like buying a slice of that delicious Amazon cake (because who needs a whole cake anyway?).

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Here's where some fancy terms come in:

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  • Ticker Symbol: This is Amazon's secret code name on the stock market. It's AMZN, just write it down so you don't forget (unless you're planning to invest in a company that sells amnesia pills, then forgetting might be a good thing).
  • Market Order: This means you're telling your broker to buy a share at the current price, whatever it may be.
  • Limit Order: This is where you get a little more strategic. You set a price you're willing to pay, and the broker only buys the share if the price dips that low. Think of it as haggling with the stock market (but hopefully without getting kicked out).

Don't worry, you don't need a degree in economics to understand this. Most brokerage platforms will have clear explanations of these terms, and there's always good ol' Google if you get stuck.

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Step 3: Congratulations, You're an Amazonian (Sort Of)!

So you've bought your share (or slice) of Amazon. High fives all around! Now, crack open a celebratory bottle of Prime Now kombucha (or whatever fancy beverage you prefer) and watch your portfolio grow (hopefully).

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Remember: Investing involves risk. The stock market is like a temperamental llama, it can be great one day and spitting at you the next. So, never invest more than you can afford to lose, and do your own research before buying any stock.

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But hey, if you play your cards right, you might just be able to afford that Prime membership upgrade you've always wanted. And who knows, maybe one day you'll be the one delivering dreams in a two-day spaceship.

2022-10-23T11:33:22.710+05:30
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Quick References
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epa.gov https://www.epa.gov
nytimes.com https://www.nytimes.com/wirecutter
trustpilot.com https://www.trustpilot.com
census.gov https://www.census.gov
ftc.gov https://www.ftc.gov

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