A Complete Guide to Purchasing Amazon (AMZN) Stock in 2024

A Complete Guide to Purchasing Amazon (AMZN) Stock in 2024

By Michael Thornton

March 4, 2025 at 10:17 PM

Buying Amazon (AMZN) stock is straightforward through either a brokerage account or Amazon's direct stock purchase plan. Here's how to invest in Amazon shares effectively:

  1. Research Amazon First
  • Analyze company management, revenue, and earnings
  • Study market competition and industry trends
  • Consider how Amazon fits your investment portfolio
  • Don't base decisions solely on past performance
  1. Choose Your Investment Method
  • Open a brokerage account (fastest option)
  • Use Amazon's direct stock purchase plan
  • Consider fractional shares for smaller investments
  • Look for brokers offering zero-commission trades

Schwab logo in black

Schwab logo in black

Public investing app logo

Public investing app logo

JP Morgan wealth management

JP Morgan wealth management

  1. Plan Your Investment Strategy
  • Determine your investment amount
  • Consider dollar-cost averaging for regular investments
  • Ensure you're only investing long-term money
  • Maintain proper portfolio diversification
  1. Execute Your Purchase Market Orders:
  • Executes immediately at best available price
  • Best for long-term investors
  • Prioritizes speed over exact price

Limit Orders:

  • Sets specific purchase price
  • Only executes at your set price or better
  • May not execute if price doesn't meet your criteria
  1. Important Investment Considerations
  • Don't invest emergency funds
  • Keep a 5-year minimum investment horizon
  • Diversify beyond single stocks
  • Consider index funds for broader market exposure

Always consult with a financial advisor for personalized investment advice based on your specific situation and goals.

Related Articles

Previous Articles