Although negative ties may cause stress and harm well-being, they are also considered fundamental in close and ongoing relationships. This study distinguishes positive, negative, and – when characterized by both valences – ambivalent ties. Analyzing almost 10,000 personal networks from the Swiss CH-X study shows that: (1) ambivalence among family members is more prevalent than among non-family members, (2) ambivalent family dyads or triads are not negatively associated with well-being, and (3) certain balanced family triads are associated with higher well-being and an unbalanced non-family triad is associated with lower well-being. These results suggest that conflicts are not necessarily detrimental to young adults’ well-being.