Why I'm Selling My Amazon Stock

@over50andfamous

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Amazon

Why it worked

The video taps into a common investor dilemma: when to sell a stock that has performed well but may be stagnating. The creator's personal narrative and clear explanation of their investment strategy, including specific stock names, make it relatable and informative for a finance-focused audience.

Summary

The creator explains their decision to sell their Amazon stock, which they have held since 2020. They detail how they have been selling it off in thirds, reinvesting some into Alphabet and Micron, and are now planning to sell the remaining portion due to Amazon's recent sideways performance and significant capital expenditure on their own chips rather than benefiting external suppliers like Nvidia.

Structure

1Announces selling Amazon stock
2Explains past sales and reinvestments (Alphabet, Micron)
3Discusses Amazon's recent performance and spending
4Identifies future investment targets (Red Cat, Kratos)
5Concludes with final sale of Amazon stock

Product placement

Amazon: ACTS - The video is about the creator selling their stock in Amazon. Removing this would change the video's topic. Alphabet (GOOGL): ACTS - The creator mentions investing in Alphabet stock after selling Amazon stock. Removing this would change the narrative of the creator's investment strategy. Micron (MU): ACTS - The creator mentions investing in Micron stock after selling Amazon stock. Removing this would change the narrative of the creator's investment strategy. Nvidia: ACTS - The creator mentions that Amazon spends money on Nvidia chips, and that Nvidia benefits. Removing this would change the explanation of Amazon's spending and its impact on other companies. Red Cat (RCAT): ACTS - The creator mentions investing in Red Cat stock as one of two key stocks. Removing this would change the explanation of the creator's future investment plans. Kratos Defense & Security Solutions (KTOS): ACTS - The creator mentions investing in Kratos Defense & Security Solutions stock as one of two key stocks. Removing this would change the explanation of the creator's future investment plans.

Original caption

I’ve held Amazon stock since 2020 but here’s why that changes today. After selling bits and pieces over the last few months, I’m finally ready to sell the rest and here’s the important reason why. #amazon #investingtips

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On-screen text

Why I'm Selling My Amazon Stock Finally selling my Amazon stock. And here's the main reason why. Held Amazon stock since 2020 and it's done really well over the last six years. So the first third of my Amazon stock, invest, investment I sold off. Went into Alphabet, which is done quite well. It's about 18% up since I bought it, which I'm feeling pretty good about. The second third of my Amazon stock that I sold, which is about two weeks ago, three weeks ago, was for Micron. as of today, it's flat. Down maybe 1% but relatively flat. I anticipate that going up So that left a third of my Amazon stock to sit there and me figure out what I wanna do. Now I've been contemplating selling the rest of this stock for a while. And the whole reason why I started selling was Amazon has just gone sideways for a really long time now. Recently, in their last earnings report, they missed expectations, which they're known to do on occasion. But they announced spending $200 billion dollars in CAPX Now historically, because they were usually buying Nvidia chips. So okay, Amazon stock goes down, they spend more money, but Nvidia benefits. But this time around they're spending most of that money, or a good chunk of that money on their own chips. So yes, that's a different story for me. That means, okay, you're spending a lot of money. I'm not gonna earn it anywhere else. You're gonna improve your profitability. But that won't be today. Tomorrow that's probably three, four, five, six quarters away. So now the stocks just gonna sit there. And in fact, it's been relatively down um, the last couple days. It popped especially with the announcement that the terrorists were rebuked by the supreme court. So amazon should do better. But I'll be honest, I'm just so tired of it. So the next step is to figure out what I'm gonna invest in. I'm not quite sure yet, but I will tell you a portion of that will be in two key stocks that the department of war recently named as part of this first wave of spend. I think it was like a $150 million dollar contract. there's 25 companies they talked about, but only two are public. One is, Red Cat (RCAT) I'll put that right up here, KTOS that ticker symbol above as well at it. I might invest a small amount but we'll see. At the end of the day, it's more of a semi speculative. Because just because they were selected as the top twenty five for this program doesn't mean they're gonna get a big portion of the money. But all the other companies are so if I wanna try to trade this kind of announcement, those are my only two options. So, more to come on that. I'm finally selling Amazon. I didn't think that day would come. I do have small amounts in other portfolios, but for the most part, the. The big chunk, um, that was left is in my main portfolio. And as of next week, that's gone.

Transcript

Finally selling my Amazon stock. And here's the main reason why. Held Amazon stock since 2020 and it's done really well over the last six years. So the first third of my Amazon stock, invest, investment I sold off. Went into Alphabet, which is done quite well. It's about 18% up since I bought it, which I'm feeling pretty good about. The second third of my Amazon stock that I sold, which is about two weeks ago, three weeks ago, was for Micron. As of today, it's flat. Down maybe 1% but relatively flat. I anticipate that going up. So that left a third of my Amazon stock to sit there and me figure out what I wanna do. Now I've been contemplating selling the rest of this stock for a while. And the whole reason why I started selling was Amazon has just gone sideways for a really long time now. Recently, in their last earnings report, they missed expectations, which they're known to do on occasion. But they announced spending $200 billion dollars in CAPX. Now historically, because they were usually buying Nvidia chips. So okay, Amazon stock goes down, they spend more money, but Nvidia benefits. But this time around they're spending most of that money, or a good chunk of that money on their own chips. So yes, that's a different story for me. That means, okay, you're spending a lot of money. I'm not gonna earn it anywhere else. You're gonna improve your profitability. But that won't be today. Tomorrow that's probably three, four, five, six quarters away. So now the stocks just gonna sit there. And in fact, it's been relatively down um, the last couple days. It popped especially with the announcement that the terrorists were rebuked by the supreme court. So amazon should do better. But I'll be honest, I'm just so tired of it. So the next step is to figure out what I'm gonna invest in. I'm not quite sure yet, but I will tell you a portion of that will be in two key stocks that the department of war recently named as part of this first wave of spend. I think it was like a $150 million dollar contract. there's 25 companies they talked about, but only two are public. One is, Red Cat (RCAT). I'll put that right up here, KTOS. that ticker symbol above as well at it. I might invest a small amount but we'll see. At the end of the day, it's more of a semi speculative. Because just because they were selected as the top twenty five for this program doesn't mean they're gonna get a big portion of the money. But all the other companies are private traded so if I wanna try to trade this kind of announcement, those are my only two options. So, more to come on that. I'm finally selling Amazon. I didn't think that day would come. I do have small amounts in other portfolios, but for the most part, the. The big chunk, um, that was left is in my main portfolio. And as of next week, that's gone.