There is much more to Amazon Prime than their monthly fee.
The average prime member spends $1,400 a year shopping at Amazon. They ship approximately 1.6 million packages per day. In 2019 alone, Amazon's net revenue was over $280 billion.
What does this mean for you? It means this company is going to arguably be around for quite some time based on all current data. It also means you have probably ordered a thing or two, or three from them as well. If you buy from them, you might as well profit from them as well! By buying the amount of shares equal to what a Prime member spends in a year in addition to their membership fee ($1,400 + $180 = $1,580), you would be worth the following at a 9% annual rate of return:
- $10,000 in 5 years
- $25,100 in 10 years
- $225,700 in 30 years
Not bad for investing the same amount the average Prime member spends each year.
*This is not financial advice. For educational purposes only. All prices, costs, and investment speculations are approximate and not guaranteed.