Originally Posted by SteelNate7
Hi, thank you for the response. You're extremely correct about inflation with my calculations, I am just giving myself a FIRE number now; however, I know that I will go above and beyond to reach that number due to my time horizon and the amount of investments I will continue to contribute. I do appreciate you bringing this up again as I sometimes do forget to calculate this.
As for the return on investment from Amazon, I like the company and it is the only single stock that I will purchase. I understand that my S&P 500 index fund has Amazon in it and it is sort of double dipping so to speak, but I just like the company and want to own some shares and will keep them for the long haul.
Lastly, that is a good question regarding parents helping fund the future home. I never did think to ask them about a small amount to help out. Is this something that is considered taboo?
Thank you for your response!
Asking parents/relatives for funding is something that Aristocrats are doing for 500 years.
When you pay your parents/relatives 2 or 3% interest it creates a Win Win situation. Just don't ask the parents of girlfriends for funding.
The challenge for you will be to find out, when is the best time to exit from Amazon. Its market capitalization and growth may not be sustainable.
You can also think about Nasdaq index funds.