How many of you are going crazy to buy Amazon shares?
How many of you are calculating to be a part of this trillion-dollar company?
Guys, if you are among the crazy investors then you can find yourself safe in this blog. Reading the blog until the end you will get a transparent idea regarding how to buy Amazon shares and what to consider before hitting the “buy now” button.
With the two-fold increase in Amazon’s share price amid the years 2017 and 2018, investors are looking for ways to buy Amazon shares and enjoy the rapid growth of the e-commerce industry. Both rookie and experienced investors are searching for options to purchase Amazon shares. But unfortunately, they are stuck in between how to select Amazon shares and how to buy them online.
Is that what you are facing right now? Worry not. Keep reading the content and find the steps below.
4 Easy steps to buy Amazon shares
- Intense research on Amazon: Buying Amazon shares can be as easy as shopping from Amazon if you have done good research on the company. Have you?
Doing research into Amazon includes analyzing the company based on its financial background. The best way to find the company’s competitive position and financial strength is to have a look at the company’s annual form10-K report.
It is compulsory for every traded company to file a 10-K report with SEC annually. This annual report will give you an overview of Amazon by highlighting certain points –
Amazon’s source of income
Assets and liabilities
A complete report on profit
Risk handled by the business
Want to have a broader perspective on the company? Don’t forget to take a look at this report.
- Make a decision on investments: Decision making is the most vital part of every investment. A single wrong step in investment will give you no time to encounter risk. Therefore, it is essential to make your decision considering the following points.
Can you afford to invest in Amazon shares?
Can you run this long-time investment plan?
Will Amazon make a perfect fit in your investment portfolio?
Check them out before you head on to make your purchase.
- Do you have a brokerage account: Now since you have decided to make your investment and buy Amazon shares, it is time to open a brokerage account and kickstart your investment.
Do you have a separate brokerage account? No matter which company shares you are heading to buy, if you have planned to make an online investment on stocks it is necessary to create a separate investment account. All your money transactions will be handled by this account.
- Hit the “Buy” button: Finally, when your heart is set on Amazon and you have decided the amount you want to invest, it’s time to hit the buy button and be an “Amazon shareholder”.
Open an online broker’s order form and insert the company’s ticker symbol – AMZN along with the number of shares you can afford. Pick up an order type – market or limit, based on your investment plan. For the market type, the current price of the stock will be highlighted. Whereas for the limit type investors the order can be placed, if the stock price exceeds the price you have set.
Consult with the broker for a better decision.
Enjoying the Amazon shares under the leadership of CEO Jeff Bezos is a great achievement. Many investors have already seized the opportunity and now it’s your time to accomplish your goal.
Moreover, it is important to note that there is a big difference between buying stocks and gaining success. Just paying attention to how to buy Amazon shares online and following them to make your ideal purchase, doesn’t imply that you are lucky enough to prosper.
Remember, no investments are made without any risk. Hence it is always necessary to monitor your investments and work according to the share market to make long-term profits. Maybe the investment broker can guide you in this.