A decorative light has a hollow base, a hollow socket, a light emitting diode (LED), two connectors and two wires. The base has a cavity, a distal end with an opening and a proximal end with a through hole. The socket is mounted in the cavity in the base through the opening and has a closed bottom with two LED lead holes. The LED is mounted in the socket and has two leads extending through the LED lead holes of the socket, and each lead having a latch hook protruding from the lead, passing through the LED lead hole and abutting the closed bottom of the socket around the LED lead hole. The connectors make electrical contact respectively with the leads. The wires connect electrically respectively to the connectors. The decorative light is convenient to assemble and reduces production cost.