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How High Can AMC Stock Price Skyrocket Up To?

How High Can AMC Stock Price Skyrocket Up To?
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How high can AMC stock price skyrocket up to?

Are you a new retail investor? Bookmark these investing tips from Frank Nez

It looks as if AMC has now entered bullish territory. And yet again sources such as The Fool and other hedge fund partners are trying to steer the public from investing in this specific stock. Shame on you shills. Well, just how high can AMC stock price skyrocket up to?

AMC stock price closed at $55.18 on June 16th. The share volume has been increasing with new retail investors getting in on stock before it takes off. AMC Entertainment had an amazing runup today. The crazy thing is shorts haven’t even begun to close their positions. Ladies and gentlemen, the short squeeze hasn’t started.

Most of the market has been on sale and AMC has been no exception to that until now. AMC wants to keep climbing. The stock has seen green candles for a week straight now both during market hours and after hours.

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Welcome to Franknez.com – the blog where you can digest posts on personal finance, side hustle ideas, entrepreneurship, and trending investing topics.

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What do we know about AMC stock price?

AMC’s stock price continues to be volatile although we’ve seen the stock is scared of single digit share price numbers.

No matter how many times this stock is attacked by short sellers, it keeps correcting itself upwards.

AMC stock price bull market

Key highlights

  1. We’re seeing AMC stock price enter bullish territory due to an increase of retail investors buying the stock.
  2. ‘W’ shape formations in the performance of the stock also indicate bullish territory.
  3. Retail investors and large institutions alike, like the stock. Buyers include Vanguard, Charles Schwab, Wells Fargo, and BlackRock.
  4. What causes AMC stock price to rise during ‘power hour’ is how many more shares are being purchased before trading hours close. As retail investors continue to buy the dip and hold, we’re going to continue to see this trend of perpetual gains.
  5. The stock price is still relatively low enough for majority of people to buy, but hurry before it’s too late.
  6. The short borrow fee continues to increase, this means shorts will have to close their positions soon

For more on FTDs read: A message to the SEC on fails to deliver (AMC)

Adam Aron, CEO of AMC Entertainment Interview

Adam Aron AMC interview
Franknez.com
Adam Aron, CEO & President of AMC Entertainment

Adam Aron has done an outstanding job with the media in the past months and continues to show a positive and bullish sentiment towards AMC.

He is now praised among the retail investors community holding AMC. And for good reason too.

See what CEO and President of AMC entertainment has to say to CNBC news about AMC Entertainment reopening and the Reddit movement.

As of today, all AMC movie theaters are now open 4/14
  • AMC Entertainment has raised more than 2.2 billion dollars in cash
  • 90% of AMC theaters in the United States are now open with New York and Los Angeles finally reopening
  • Vaccinations and policies are making movie theaters safe
  • New movie titles are guaranteed to increase sales revenues
  • CEO and President Adam Aron expresses an optimistic future for AMC Entertainment

In a more recent interview we get an exclusive behind the scenes moment with Trey’s Trades and Adam Aron.

If you haven’t watched the video you’re not gonna want to miss out.

In this personal interview from the CEOs home, Adam Aron talks about the 500 million share dilution, which by the way as of today has been taken off the table, as well as his experience and perspective behind the the Reddit phenomenon.

I wrote a small piece on Adam Aron being rightfully named the king ape here.

AMC’s Short Borrow Fee

AMC short borrow fee interest

AMC’s short borrow fee as of 6/16 is: 1.68% via. Fintel.

The longer shorts-sellers hold their positions means the higher the borrow fee may increase. This is great news for retail investors.

Shorts eventually have to cover their positions and when they do, AMC’s stock price action will continue to rise, inevitably creating a short squeeze.

Why AMC’s short borrow fee matters

While it costs the retail investor nothing to hold their position in AMC, it costs shorts interest.

Shorts are more willing to hold their positions if the short borrow fee is low so they’re losing money every day they hold.

Remember, shorts still think they can bankrupt a company that is no longer going bankrupt.. I know right?

As hedge funds like Melvin Capital lose money, the short borrow fee will go up to make up for some loses. As the interest goes up, shorts will naturally cover. If they don’t, they will bleed bad. With the short borrow fee being so high at the moment, it has retail investors speculating a short squeeze will start soon.

Melvin Capital suffered 49% loss 1st quarter

Melvin Capital AMC stock
Hedge Fund Melvin Capital – AMC Entertainment

Melvin Capital is a hedge fund that has been shorting both AMC and GameStop. Well it turns out holding has paid off one way. The company was down almost half percent their first quarter of 2021!

These are people who want to put your favorite businesses out of business. Ladies and gentlemen, the good guys always win.

If retail investors keep holding, institutions are going to raise the short borrow fee. Unless hedge funds don’t start closing their short positions, they will cease to exist. Or at least cease to run operations until they open a new firm from scratch. But who will trust them? Their clients are losing money.

Hedge funds are a sinking ship

Hedge funds are losing money shorting AMC stock

Cramer said, anyone shorting AMC and GameStop are going to lose. And he’s right. Retail investors are holding until shorts are squeezed out of their positions.

Shorts can either:

  1. Take the loses and close their positions right now where the stock price is around $55.
  2. Or, get squeezed out of their positions at a high interest rate above $55, resulting in even bigger losses.

With hedge funds shorting AMC losing billions of dollars its first quarter, it’s no surprise we’re going to the see this occur their second quarter as well.

How will this affect AMC stock price?

I can imagine shorts and hedge funds alike must be furious. The little guy causing a disruption, what!?!

My personal take is retail investors are going to continue to see foul play. You’re going to experience this from bogus headlines. They’ll usually try to steer the public from buying AMC stock to keep the volume and hype down.

Not sure if hedge funds know this yet but you do know documentaries of what’s taking place are in the works right?

Independent filmmakers such as the Mulligan Brothers will be covering this story from the retail investors perspective and rumor has it Netflix will be writing as well.

Expect AMC stock price to rise and continue to be shorted. We will see volatility with shorts attacking the price action. They do this by trading synthetic shares at low bids.

Read: How do hedge funds manipulate the stock market.

AMC Gamma squeeze before short squeeze

AMC Entertainment is currently the most shorted stock in the market (via. MarketWatch).

AMC Gamma Squeeze Before Short Squeeze
AMC Most Shorted Stock

Unfortunately, MarketWatch has completely eliminated AMC from their list. Retail investors are suspecting foul play from the hedge fund affiliates.

Because AMC is an extremely high shorted stock, analysts continue to demonstrate their conviction towards an AMC short squeeze.

The key here is for retail investors to hold their positions as they see some momentum beginning to build. #diamondhands

Key: If investors want to see AMC squeeze, they’ll have to refrain from selling at the sight of early profits.

AMC stock predictions (analyst)

AMC prediction from Fidelity TRADER PRO

Trey’s Trades walks us through the positive moves AMC has been making from an analysts perspective. Trey presents his audience with transparent information and has been a key player in the analytics world for ticker symbol AMC.

Although this video is an earlier video, Trey’s videos are packed with relevant information that still apply to where the stock is today.

r/wallstreet bets and Discord

Members over at r/wallstreetbets and Discord anticipate AMC stock price can skyrocket as high as $1,000-$10,000 mainly due to the stock’s popularity and trends in analytics. Yup, that’s crypto numbers.

The number of phantom shares hedge funds have to cover is astronomical which is why the community is calling this the mother of all short squeezes (MOASS).

AMC stock price wallstreetbets

By holding shares in AMC, retail investors are setting up a supply and demand scenario where short-sellers will eventually need to buy from them.

This in turn can drive the stock up as high as the retail investor chooses, theoretically speaking.

Large institutions such as Vanguard, Wells Fargo, BMO Harris, BlackRock, Fidelity and many more are buying AMC stock while it’s still low (via. CNN Business).

Take that for what it is.

Whether that number comes to fruition or not, retail investors will have to continue to hold and to add to their positions in order to skyrocket AMC’s share price.

We’re seeing more and more retail investors join the fight against short-sellers. Short-sellers are the investors betting on AMC Entertainment to lose.

Read: When do shorts have to cover their position? (AMC)

Can AMC reach $100K or $500K per share?

There’s been a lot of speculation that due to the possible number of outstanding synthetics could be in the billions, AMC may potentially squeeze past 6-figures.

Personally, I’m open to this concept. Shouldn’t we all be? I just recently found ReviewDork on YouTube. Gabe talks about this possibility and walks us through some math. Check him out.

Is it too late to get in on AMC stock?

If you’re looking to take on a position in AMC you might want to get on the train before it takes off for good.

Retail investors are teaming up together to see their visions come to fruition. And they’re not waiting on anyone.

What we do know is that the current share price is still affordable.

Trending: Is It Too Late To Get In On AMC Stock?

Why hasn’t AMC squeezed yet?

AMC stock consolidation

AMC hasn’t squeezed for two primary reasons.

  1. The volume isn’t all there yet. The volume needs to be quite high. Trey’s Trades referenced 500+ million being an outstanding number.
  2. Shorts are holding – they need to close their positions if retail investors are to squeeze them.

It’s not illegal for shorts to hold long on their positions; however, they lose money every day they hold.

Fortunately for retail investors it’s free to hold.

Read: When do shorts have to cover their positions ? (AMC)

What will AMC’s stock price be when it squeezes?

AMC short squeeze

AMC’s stock price can really be anywhere. It really depends on when shorts close their positions.

Short could have covered when they drove the price back down to $8. It would have been wise considering the stock continues to correct itself in an upward trend and has now set itself up for the perfect squeeze.

If shorts continue to play the long game, AMC’s stock price could potentially be higher when it squeezes. In this case, shorts would have lost a lot more money due to accumulating and rising short borrow fees.

Can AMC squeeze after hours?

A question some people might have is whether or not AMC could potentially squeeze after hours.

AMC can certainly squeeze after hours when the market closes. In fact, it wouldn’t be surprising if it did this. AMC’s stock price would continue to surge as retail investors watch immobile.

For one, shorts could decide to cover before the market closes in attempts to throw one final blow to retail investors. This would give the price action to potentially come back down after hours.

Should you worry?

I wouldn’t worry if this was the case. Although squeezes can last anywhere between minutes to hours, they can certainly last days too.

Volkswagen’s squeeze back in 2008 lasted approximately four days. GameStop’s lasted even longer.

Here’s how you can prepare for a short squeeze

A squeeze can technically happen at any time. The short interest doesn’t necessarily have to be high. Shorts could choose to close their positions with little loss opposed to massive losses.

  1. If you’re in a position to keep an open tab on your browser that is updated AMC’s stock price in real-time then I would suggest doing so.
  2. Own an Apple watch? Keep the stock in your background. This is a very convenient way to keeping tabs on the stocks performance.
  3. Join discords where you can be notified when something massive is going on.

When a squeeze happens you’ll know. Just don’t get a short squeeze confused with gamma squeezes.

Gamma squeezes are usually small spikes resulting from extremely bullish actions coming together at once. Otherwise known as relatively healthy gains of built momentum.

A short squeeze will be something more sudden and disruptive. You’ll know when this goes to the moon. AMC’s stock price will break through the charts and leave earths atmosphere.

What should I do when AMC squeezes?

AMC stock price short squeeze

This is completely up to you! Congrats for holding and seeing this through.

You can choose to sell your entire position and collect your profits or you can continue to hold and find out whether the squeeze continues to go up.

Unfortunately, we can’t time the spike. For all we know, the initial squeeze might not be the potential price action. This makes it difficult to calculate the best time to sell.

You could sell a portion of position and wait to see how AMC’s stock price moves.

We created a thread for you to share how you will use the money when AMC squeezes as a means to spread positivity and share with the community. You can check it out here.

What is a circuit breaker halt?

A circuit breaker is usually a rule in the market that essentially pauses or halts trading for 5-15 minutes.

A common circuit breaker type is the Volatility Pause. This helps smooth volatility in the market and prevent flash crashes. It forces traders to take a 5 minute timeout, research the stock, news, etc. Often times if a stock is spiking up and is halted, it will reopen higher.

Inversely, a stock selling off will often open lower.

Related: Everything you need to know about Dogecoin Crypto

Why this is worth mentioning

This is worth mentioning because it’s important for our readers and the ape community to be aware of possible halts as AMC’s stock price becomes more volatile. If you happen to experience a circuit breaker halt do not panic. It’s a policy to make sure trading goes as smooth as possible.

Important Advisory

It is important to note that I am not a licensed financial advisor. Like many traders and self taught investors, all speculation is based on educated estimations based on highly reliable analysis, patterns, and documented news charts.

Note: Before roaring kitty blew up as the analyst for GME, only a handful of people followed him through and reaped the rewards.

We’re seeing another analyst obtain a similar following with AMC. Take that for what it is.

Where can I invest in AMC? What’s a good platform?

Vanguard AMC

If you have not opened a brokerage account to begin investing, read this post on how to invest in the stock market (step by step) to get started. In this post you will see a number of linked platforms that you can check out!

Our recommendation: Vanguard -> Link

AMC stock price: quick overview

AMC sat around $5 for quite some time before moving back up to the $14 range. We’re currently seeing AMC trade around $55. with some consolidation. AMC’s stock price has been trending upwards with consolidation and has been less volatile. This is very good price movement. AMC stock has never had a healthier setup.

Are you holding AMC stock?

Let me know what a short squeeze would mean for you in the comments section below.

A quick message from Frank Nez

A lot of you have been sharing my posts on Facebook Groups, Reddit, Discord chats, and Twitter. Words can’t explain how grateful I am for you sharing positive and valuable information for new retail investors to look at.

So, I published this video to tell you just that. Thank you.

And lastly…

AMC with Franknez.com Discord

Join the AMC with Franknez.com Discord here.

You can support the blog on Patreon.

If you found this post to be helpful or of value share it with an ape. The community needs positivity and truthful DD.

If you have not subscribed to the blog be sure to do so as we’re going to continue to update our readers on this historic event taking place.

Trending: How Soon Will We See An AMC Short Squeeze?

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How Soon Will We See An AMC Short Squeeze?

How soon will we see an AMC short squeeze?
Franknez.com
AMC Short Squeeze – #AMCtothemoon #AMC

Are you a new retail investor? Bookmark these investing tips from Frank Nez

What a storm. What a battle right? AMC keeps on keeping on, and although AMC has been on discount recently, the stock seems to have a very nasty and bullish attitude.

Yes, shorts have been able to drive the price down through naked short selling but more on that later. Retail investors are very excited about the data that’s been collected for months now. Will we see an AMC short squeeze while we continue to ride this bull? And if so, how soon?

franknez.com

Welcome to Franknez.com – the blog where you can digest posts on personal finance, side hustle ideas, entrepreneurship, and trending investing topics.

Lets get started!

How soon will we see an AMC short squeeze? Retail investors all want to know. Is it this week? Will it be next week? Or, are we looking at a longer game here? Here’s what we know.

Key Highlights

  • AMC closed at $55.18 on June 16th. The stock has fundamentally surged despite short sellers attacking it. AMC Entertainment is set up for a short squeeze.
  • The perfect time to buy AMC stock is when the market is red, or what we refer to as on ‘discount’. AMC is looking bullish though, red days might just be over.
  • AMC entertainment continues to be the most heavily shorted stock in the market.
  • AMC’s short borrow fee continues to increase.

Some of you reading this article might have been holding since February now. Kuddos to you for holding the line. If you’re a new retail investor getting in on AMC be sure to thank the seasoned apes when you get a chance.

Below is a series of documented facts and positive news that all influence AMC’s potential towards a short squeeze. One thing is certain, it’s inevitable.

AMC stock news and highlights

FOX Business reported AMC to have a strong chance of a short squeeze. Coming from a big news platform it certainly brings the stock sentiment up for most retail investors.

This is the type of news retail investors need to keep an eye out for.

AMC Short Squeeze News Fox Business
Strong chance of a short squeeze – Fox Business AMC

AMC is still currently the most shorted stock in the market.

Unfortunately, MarketWatch has completely obliterated AMC from their list. Being a hedge fund affiliate, retail investors suspect foul play.

President and CEO of AMC Entertainment Adam Aron, announced AMC will reopen all 13 AMC theaters in New York City as of March 5th. As of today, all AMC movie theaters are now open across the United States with many selling out.

Check out what Adam Aron had to say (via. Investor Relations AMC)

“Since reopening our first theatres with AMC Safe & Clean in August, AMC has welcomed back nearly 10 million moviegoers nationwide without a single reported case of COVID-19 transmission among moviegoers at our theatres. We look forward to welcoming back our New York City guests to the big seats, big sounds and big screens that are only possible at a movie theatre.”

Adam aron, President and CEO of AMC Entertainment

For those who thought AMC was a dead company, think again. The company is now generating big revenue since it’s reopening.

Melvin Capital suffered 49% loss 1st quarter

Melvin Capital AMC Stock
Melvin Capital Hedge Fund – AMC

This is huge! Melvin Capital is a hedge fund that has been shorting both AMC and GME stock.

Melvin Capital suffered a 49% loss it’s first quarter of 2021, via. Markets Insider.

Here’s why this matters:

  • Not only are shorts losing money every day but huge hedge funds are bleeding
  • This is a huge win for retail investors
  • Unless shorts close their positions, hedge funds will continue to suffer
  • Interest rates can skyrocket for short sellers enabling them to close their positions
  • An AMC short squeeze might be closer than we think

Here’s what retail investors can do:

  1. Continue to hold your positions, it’s free
  2. Buy the dips to counter any short attacks
  3. Share articles on social platforms that can provide value to the community
  4. Keep a close eye on the stock to not miss the squeeze

I’m going to discuss a little more on the short borrow fee that continues to increase for these hedge funds shorting the stock. This is going to be a massive component to a short squeeze.

Positive news for AMC Entertainment

Adam Aron gives positive news on AMC Entertainment
  • AMC Entertainment has raised more than 2.2 billion dollars in cash
  • 90% of AMC theaters in the United States are now open with New York and Los Angeles finally reopening
  • Vaccinations and policies are making movie theaters safe
  • New movie titles are guaranteed to increase sales revenues
  • CEO and President Adam Aron expresses an optimistic future for AMC Entertainment
  • AMC Entertainment has implemented a Safe & Clean program under the advisement from Harvard University’s prestigious School of Public health as well as well as the No. 1 U.S. cleaning brand, The Clorox Company. This means movie goers can now return at ease knowing a proper sanitation program has been put in place.

Hedge fund affiliate partners such as MarketWatch, The Fool, and other finance website have been trying to redirect the public from investing in this stock. That’s primarily because hedge funds are losing millions by the day.

A short squeeze could even put them out of business. This is why it’s important for me to spread the positive news surrounding AMC. I don’t believe in the manipulation of the media and I will continue to update these articles as more great news unfolds.

There will not be a 500 million AMC share dilution!

In recent news, Adam Aron has announced that AMC Entertainment no longer plans on proceeding with the plans of adding 500 million more AMC shares to the arsenal in a tweet on Tuesday, April 27th.

Adam Aron AMC Entertainment CEO Twitter
Adam Aron – President & CEO of AMC Entertainment

You can read AMC Entertainment’s official announcement on their press release page here.

Short sellers fell for an AMC dilution

As of 6/16, we’re seeing 2.3 million short shares have been made available to borrow, via Fintel.

AMC short shares available Fintel

Was Adam Aron’s approval request of a 500 million share dilution to his shareholders a strategy to trick shorts into borrowing more shares? I personally think so and it’s absolutely genius. Shorts continue to borrow shares.

While shorts might have the capability to short AMC stock, this is only temporary. They will run out of borrowed shares and eventually have to cover. There are finally investigations going around regarding naked shorting.

Yeah.. I sense a grand mother of all short squeezes. #GMOASS

What does this mean for the AMC shareholder?

Expect to see gains after shorts have run out of borrowed shares to use. Hedge funds and short sellers alike have dug a deeper hole for themselves. What this means for the AMC shareholder is a squeeze bigger than anything the market has ever seen before. I am personally doubling down.

Not only is bankruptcy off the table (via. Los Angeles Times), but AMC movie theaters are now about to begin reopening in larger parts of the United States. Which of course now introduces revenue.

AMC Q1 earnings for 2021

AMC announced their Q1 earnings for 2021 on Thursday, May 6th. Things are looking particularly bullish and optimistic to say the very least.

For the retail investor this means the upper hand is yours. AMC Entertainment has raised over $2 billion dollars to hold them off until the year 2022. And we still have to go through Q2, Q3, and Q4!

Unfortunately for hedge funds shorting the stock, it’s over. If you missed the conference call you can view it here for your viewing pleasure.

AMC Q1 2021 highlights

  • The AMC community is recognized
  • Q1 earnings are higher than last years 4th quarter
  • Expectations for Q2 – Q4 are much higher
  • Food and beverage sales are up by 45%
  • Sales revenue will continue to rise as new titles are being released

When will an AMC short squeeze happen?

When will an AMC short squeeze happen?

It’s really hard to tell. Even experts can’t identify an exact date and time. However, the possibility of an AMC short squeeze is certainly possible given that it is still the most shorted stock in the market and the stocks volume continues to rise. We also now have more data then ever before that indicate a massive short squeeze is almost certain to happen. Especially now that the SEC has announced some crackdown on shorting.

With Melvin Capital and other hedge funds losing money, it’s only a matter of time before the short borrow fee continues to skyrocket and shorts have to close their positions.

It’s tendie time!

Analyst AMC predictions

With that being said, Trey’s Trades predicts a short squeeze is now certainly guaranteed. Trey has been a leader in the AMC community and deserves a spot on this page.

More data points towards the stock reaching $1000+ per share.

See what stock analyst Trey has to say.

AMC short squeeze

The real questions is how can retail investors make this AMC short squeeze happen?

We know that short-sellers eventually have to cover their spots. This means that they will eventually have to buy AMC stock at the current share price.

  1. If retail investors continue to drive the share price up by buying the dip and holding their positions, short-sellers will have no other option than to buy from the retail investor at a higher share price.

NOTE: Retail investors do have to sell a bit as the price goes up in order to keep that momentum. Look at it as giving rats crumbs. Not only will they want more but they’ll need more.

2. Retail investors will also need to buy the climbs in order to show a demand for the stock. This doesn’t have to be huge buys, rather incremental to validate the current share price.

This play essentially creates a supply and demand scenario between retail investors and short-sellers. The results? A short squeeze.

Hedge funds are doing everything they can to prevent an AMC short squeeze from happening

How are they doing this?

  • By promoting false information online (we’re certain you’ve seen it)
  • Through strategies such as short-ladder attacks in the market
  • And, by restricting certain brokerage accounts from allowing its retail investors to purchase or buy shorted stocks (Robing hood)
AMC Gorilla

This is what retail investors can do to fight corruption

  • Share content that presents facts (blog posts, analysis videos, etc.)
  • Continue to educate yourself and make investment decisions based on your personal analysis
  • Protect the community and one another
  • Follow your instincts

Read: How Hedge Funds Manipulate The Stock Market

What will an AMC short squeeze look like?

We’ll begin to see a trend similar to that of GME (Gamestop). AMC will enter a bullish territory before hitting an ‘abnormal’ peak in which AMC would have ‘squoze’.

What will an AMC short squeeze look like?

According to Trey’s Trades we’ve already hit the bottom. AMC is now extremely bullish. We’ve seen resistant levels around $14-$16 recently which is a great push from $5. We’re now sitting at $55.18 per share.

Recent performance and news is leaving retail investors with positive speculations. An AMC short squeeze will certainly make headlines. Expect to see various gains prior to any sort of major peak as well as volatility.

Retail investors will have to hold their positions through upcoming gains if they want to see AMC short squeeze.

But most importantly, they’ll have to refrain from selling at the first sight of gains if they are to see bigger and more massive gains.

Gamma squeeze vs Short squeeze

Don’t confuse gains and momentum with a short squeeze.

Here’s the difference between a gamma squeeze and a short squeeze:

A gamma squeeze are momentum gains. These usually occur from call options closing in the pocket resulting in heavy buys or purchases in the market.

A short squeeze is vigorous and can spike with no warning. This is where you see 100% gains in a matter of seconds and minutes. A short squeeze can even reach 1000% and 10,000% gains.

AMC Short Squeeze Stock Prediction

New retail investors are wondering whether $1k, $10k, or even $100k per share is even possible.

Gabe from ReviewDork does some math that’s going to leave you with an open mind.

AMC stock price predictions range from $1,000 to $100k+.

Will AMC reach peaks like GME?

AMC has been fortunate enough to receive more publicity and hype than GME did, at least recently. The volume will speak for itself and retail investors will just have to wait to find out.

We’ve seen that abnormal gains are naturally part of a short squeeze. Volkswagen rose up to nearly $1,000 when it squeezed back in 2008 due to a similar strategy produced by car manufacturer Porsche.

Analysts are predicting AMC can even go above the $1K mark if retail investors and institutions alike continue to buy and hold their positions. Wouldn’t this be something. If you’re holding 1,000 shares and AMC spikes to $1K per share, you my friend have made 1 million dollars!

Trending: Is It Too Late To Get In On AMC Stock?

Is it too late to get in on AMC stock?

Absolutely not, at least not yet. AMC Entertainment is still heavily shorted. You will have to decide whether its current share price is worth it if trades at $100, $500, or even $1,000+. AMC Entertainment stock has not even started squeezing yet.

Redditors have touched base on this topic and advise anything below $100 is a buy. I’ve been personally buying the stock when it dips. This allows me to pick up more shares at a discount.

If you’re a beginner, I recommend buying 5-10 shares of AMC stock. This amount will give you a feel of the market. Not only is it affordable, but if the market is red you won’t see much loss on paper.

Where was AMC trading at before the pandemic?

AMC was actually trading between $30-$35 back in the booming party economy of 16′! AMC stock started to decline as their debt increased and hedge funds began to heavily short it.

What if a short squeeze doesn’t happen?

If an AMC short squeeze doesn’t occur, AMC stock price will still go up allowing shareholders to make at least some sort of profit.

With AMC theaters now open, it’s inevitable that the company will begin to see bigger sales revenue every time a new title is released. I update this post when new titles make the headlines regarding earnings.

Keep in mind that AMC’s share price during the booming party economy of 16′ was roughly around $30 per share. If a short squeeze doesn’t happen, fundamentals will continue to bring the stock up as more investors are buying the stock.

However, a short squeeze not happening is very unlikely as AMC is currently the most shorted stock in the market and most held stock, beating both Apple (AAPL) and Tesla (TSLA), via. NASDAQ. Majority of the float is also held by retail investors and short sellers are going to be forced to close their positions very soon, more on that coming up.

As Mark Cuban bluntly put it, keep holding.

Why hasn’t AMC squeezed yet?

AMC hasn’t squeezed yet primarily to two main reasons.

  1. We need more volume to drive the stock price action up
  2. Shorts need to close their positions

Volume really just comes to more and more retail investors as well as institutions getting in on AMC stock.

Regarding shorts covering, retail investors need to squeeze them out of their positions by holding their positions and helping increase AMC’s short borrow fee. You can keep tabs on AMC’s short borrow fee as it changes every day via. Ortex, or Fintel.

AMC short borrow fee (Fintel)

As of 6/16 AMC’s short borrow fee rate is 1.68%.

Unfortunately for shorts, an AMC short squeeze is inevitable. Retail investors are not giving up.

Read: When do shorts have to cover their position? (AMC)

Aside from this, Wanda Group had caused a little bit of disruption for retail investors by profiting on the first sight of gains.

This turmoil was only short-term but is a reason why we’ve seen some selloff in the market a few weeks ago.

However, Adam Aron has recently brought awareness in an interview with Trey’s Trades that this selloff from Wanda is simply policy from China. Retail investors should not be concerned.

We’re bullish on AMC stock

All the numbers point towards the right direction for a massive short squeeze. Shorts and hedge funds continue to lose money every day. The interest is growing at an alarming rate and AMC’s current utilization is at 100%.

The lives of these retail investors are about to completely change. Say goodbye to your old world.

Related: AMC margin call: the squeeze is inevitable

And lastly…

A quick message from Frank Nez

A lot of you have been sharing my posts on Facebook Groups, Reddit, Discord chats, and Twitter. Words can’t explain how grateful I am for you sharing positive and valuable information for new retail investors to look at. So, I published this video to tell you just that. Thank you.

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What will an AMC short squeeze mean for you?

Let us know in the comments section below what an AMC short squeeze would mean for you! If you’re an AMC shareholder let us know in the comment section below.

#AMCtothemoon #Diamondhands #AMC1000 #SaveAMC

Are you a new retail investor? Bookmark these investing tips from Frank Nez


6 Things Retail Investors Holding AMC Stock Should Know

6 things retail investors holding AMC stock should know

Community, today I want to provide some advice from someone who’s been holding AMC stock since February. I’m going to be providing new retail investors as well as seasoned apes with some real talk regarding AMC. This is not financial advice. Ape to ape talk.

Here are 6 things retail investors holding AMC stock should know.

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Investing in AMC stock has been a battle. A lot of us have sparked new relationships and connected with genuine people.

I’m publishing this article today because I care about the community and I want to help guide new retail investors. Here are some things I wish we would have been told from the get go.

#1. Detach your emotions from AMC stock

One thing I learned fairly quickly when I first started investing in AMC was to detach myself emotionally from the stock. There were days where I would be moody so to speak because the stock wasn’t having a green day.

It’s easy to get coiled with emotions. Especially when you have a reason for this investment. Your why per say. But it’s childish and we’re not children. We’re grown adults.

When I detached myself emotionally from the stock, I found myself being able to become more productive for my family. At some point you have to pull yourself out and participate level headed. Something beautiful is occurring, just be sure you detach your emotions from the stock so it doesn’t impact your daily life negatively or render you from being productive.

Smile at the wins, but don’t let them get to your head either. Trust in your conviction and data at hand, and trust the process.

#2. Shun negative people

If you haven’t come across these type of people yet you will at some point. There’s a lot of angry retail investors who who got in late in GameStop and were left bag holding for example.

These people are hurt and target people in the AMC community. I saw this occur for a few months at the beginning. Not everyone is like this of course, but there are naysayers who will try to put you down.

Today, it seems like AMC and GME apes have more of a mutual respect now more than ever. However, bots and shills are still a very real pest within the community. My advice to you is to ignore these type of people.

If you see someone being bullied then stand up for them. You may speak out if it’s too protect a fellow member of the community. This is why I began publishing DD on my platform. I couldn’t stand seeing the community being bullied by the mainstream media.

If you have power to remove negative people via Discord, Reddit, Facebook groups, etc. then have the courage to do so.

#3. The market manipulation is real

This game isn’t for the soft. Retail investors must know that there will be situations from which are completely out of your control. The stress may sometimes get real.

The reason being is that although you might have already detached your emotions from the stock, other entities have an unfair advantage over retail investors. Oh well, life is unfair sometimes. We simply have to play with the cards we’ve been dealt with.

Fortunately for new retail investors, a lot of this market manipulation in AMC stock is now becoming public. This was in the shadows for us many months back. Apes must not focus too much on the things that are out of our control. We must focus on the things that are in our control, such as our attitudes and resilience towards this common goal.

I strongly believe that the good guys will always win. There’s no option for those in power but to hear the community out. You saw what occurred back in 2020 when the community and world united against the injustice of our police force in the United States. We have more power than you know.

Be strong and move past the things that are out of our control.

#4. Don’t invest more than you can afford to lose

I like to think most people have this one down. There is risk involved here. There is always risk involved whether you’re betting on a stock to either go up or down.

Hedge funds have risked their play too and unfortunately for them they’re getting burned. My suggestion is to only invest what you can afford to lose. My conviction in this stock is so strong that I truly believe you cannot lose on this trade unless you’re completely careless. The only reasons you’d lose on this trade is if you sold and cut your losses or you didn’t do any research at all.

The information is out there. Take the time to read it and digest the content. Educate yourself so you can make the best financial decision for yourself and your family.

Never use a credit card to invest. This is playing with money that’s not yours and it’s going to end up biting you if you do this. I mean look at the hedgies. If you’re going to add to your position, make sure you can pay your bills first.

#5. Share positive content with the community

Change happens when enough people get loud and spread a message. When you see FUD articles from the mainstream media don’t share it. Instead, find other content that completely rebuttals it with straight facts.

If you see an article, document, or video within the community that proves to be valuable to the movement, be sure to share it. You make a tremendous difference when you do.

This courage is what allows the community to grow and presents more people with opportunities like AMC and GME plays. Once this chapter is over there will be more chapters. You more than likely were introduced to AMC stock through FrankNez articles, Trey’s Trades videos, or from someone else in the community.

When the media attacks our community we must attack back with factual information. We cannot let the lies and manipulation shake off our new fellow members. Protect the community by sharing positive content within the community. Memes included ☝.

Bookmark: 5 advantages retail investors holding AMC stock have over hedge funds

#6. Success requires patience

This trade with AMC stock will be successful. It’s inevitable. However, success always requires patience.

Seasoned apes are profitable at the moment. This took 4-5 months of holding the stock though. Some of us are up thousands to tens of thousands of dollars and even up to hundreds of thousands of dollars. But guess what? We’re still holding the stock.

Why? Because our conviction in AMC is strong and we have complete and utter trust in the process. The data speaks for itself; numbers don’t lie. If there’s something that new retail investors can learn from seasoned apes it should be to be patient.

When AMC hits $100 per share you will be profitable and seasoned apes will be even more profitable. But be patient. This movement is not betting on $100. This squeeze will be astronomical and it will require the community to be patient. The move up to $100 will all be fundamental and hype; this will not be the squeeze. When the squeeze happens, you will know.

Franknez.com

Read: An excellent AMC exit strategy guide: Short squeeze

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7 Easy Ways Millennials Can Start Earning More Money

7 easy ways millennials can start earning more money

Millennials are always looking for ways to live their best lives possible. Well what better way to start then by earning more money. We all know in order to make this happen we must put in the work and take the opportunities that present themselves to us.

If you’ve become financially stuck and are looking for ways to increase your income then you’ve come to the right place. Subscribe to our newsletter to be notified when new posts are published. Here are 7 easy ways millennials can start earning more money.

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#1. Earn More Money With Food Delivering Services

Earn more money with food delivering services
Earn more money on the side with food delivering services!

Food delivering services have become more and more popular due to customer demand and convenience.

Services such as DoorDash, GrubHub, Postmates, & Uber Eats are going to stay for a long time. Signing up is easy and delivering food is even easier.

Compensation varies between all companies so be sure to choose the right fit for you. You will need:

  • To be at least 18 years of age
  • Have a valid drivers license
  • Have valid car insurance
  • And have access to a smart phone
DoorDash, GrubHub, Postmates, Uber Eats, Make Money
  1. Doordash: approx. $13.92 per hour
  2. Grubhub: approx. $12 per hour
  3. Postmates: approx. up to $1,000 per week (delivering more than food)
  4. Uber Eats: approx. $8-$12 per hour

Millennials can earn more money by side hustling with food delivering services. What makes food delivering services such a great side hustle is that you can work when it’s most convenient for you as well.

It’s not uncommon for people to earn anywhere from $15-$25 per hour delivering food if you make the time for it. Not bad for an extra money, huh?

#2. Offer Ridesharing Services On The Side

Provide value by helping people safely reach their destinations through the use of ridesharing services.

Make more money with uber and lyft rideshare services
Earn money with ridesharing services

More than 2 million people are earning more money by driving for a rideshare service such as Uber and Lyft. And more than 103 million people use these services.

Like food delivering services, ridesharing also allows you to work at your convenience. Flexible hours make this service an attractive side hustle choice for millennials to earn more money.

Frank Nez How To Get Clients To Pay You When They're Past Due

Requirements

  • Must meet the minimum age requirement to drive in your city
  • Depending on your state, you must have at least one year of licensed driving experience if you’re over 23, and three years of experience if you’re under.
  • Clean driving record
  • You must be listed on the auto insurance to the vehicle being used
  • Must have a smart phone
  • Minimum of 4 door passenger car

#3. Open Your Own eCommerce Store

Earn more money on the side by opening your own eCommerce store. Sell goods online through Amazon or eBay.

Make money with eCommerce Stores Amazon and eBay

Selling goods online is easier than you think. Listing on eBay and Amazon is a simple process that doesn’t require more than 10 minutes to set up.

People are selling anything from:

  • Vintage Cards
  • Apparel
  • Games & Electronics
  • Books
  • Furniture and appliances
  • Literally ANYTHING and everything

If you have wholesale connection, you can sell items below retail price but above your costs to make profit.

Often times you don’t see the items you’re drop shipping. If you can ship them directly to the customer it makes the experience that more passive.

eCommerce is now being used in rural Asia villages providing people with opportunity and a new means of generating money.

Read: 5 Ways to Earn Leveraged Income: Start Now

#4. Write As A Freelancer

Freelancer

Start earning more money by writing as a freelancer. Large blogs are always looking for new writers to help produce content.

Freelancers are earning $15-$74 per hour!

Most blogs pay per post or excerpt which makes it a great way to earn money on the side without hindering your day to day job.

Freelancing also allows you to work during your free time which makes it a great side hustle for people who value flexibility.

If you would much rather work for yourself then I suggest starting your own blog.

#5. Make More Money Tutoring Online

Fiverr is a platform from which you can tutor people from all around the world straight from your computer.

Make more money with Fiverr!

People on Fiverr are making more money from home than ever before through the use of webcam communication.

Make money with fiverr
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This form of generating money from home has become very popular as you can offer more than just tutoring. People are also offer digital marketing services, video and animation tutorials, graphic designs, and so much more!

How Does It Work?

  • Create a gig – Sign up for free, set up your Gig, and offer your work to Fiverr’s global audience.
  • Deliver Great Work – Get notified when you get an order and use Fiverr’s system to discuss details with customers.
  • Get Paid – Get paid on time, every time. Payment is transferred to you upon order completion.

One thing all these side hustles have in common is how flexible they are. If you’re looking to earn more money outside your job then Fiverr could be a great option to go online.

#6. Recycle At The End Of Every Month

earn extra money by recycling

It seems most people have overlooked this option but millennials can earn more money by recycling at the end of every month.

Yeah it’s a little messy and can be quite annoying but it can earn you anywhere from $30-$50 a month depending on how much you recycle. That’s enough to pay for gas or a few monthly subscriptions such as your Spotify and Netflix accounts.

Recycling is a great way to not only give back to your community but for you to earn money back on your purchases.

#7. Sell Organic Foods From Home

This is another side hustle that most people miss.

If you have access to organic foods from your garden, harvest and sell them in batches! Earn more money on the side by selling lemons, oranges, avocados, and just about anything your garden can produce.

You can join your communities or cities Facebook group and notify people of what you have to offer. Selling will be easier by keeping it local.

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Leave a comment below!

Let me know below if you’re making more money using any of the side hustles listed above. Don’t forget to subscribe to the newsletter to be reminded when a new post is published!

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How To Create an Emergency Fund and Why It’s Important

Emergency fund
Create Your Emergency Fund Today!

Creating an emergency fund isn’t difficult so learning how to start shouldn’t be either. Here are 4 amazing strategies and tips to building your nest egg for a rainy day.

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When an emergency occurs, you’ll be ready

We can’t predict the future, but we can sure prepare ourselves for it when a rainy day disrupts our parade. Having an emergency fund allows us to have a peace of mind and also creates financial confidence. As Grant Cardone says, assume control of all situations; so prepare now so you’ll be ready later.

#1. Create an Emergency Fund Goal

When you don’t know where to begin, start by creating an emergency fund goal first. Everyone’s goal will vary due to income and the amount of debt carried. A good minimum would be $1,000 – $2,000. An ideal and longer term amount would be $10,000+.

Did you know that more than 50% of Americans can’t afford an emergency bill of $500? There is something seriously wrong with this.

DO NOT be part of this statistic, create your emergency fund goal right now. Literally right now. Just set it, and work towards manifesting it. YOU CAN DO IT.

Before you begin to build your hefty nest, make sure you’re debt free first. Contributions will be so much easier this way. If you’re not debt free, set the goal for your small emergency fund and work on eliminating debt before you start paying yourself first.

#2. Pay Yourself First

When payday comes, be sure to pay yourself first (SAVE). We often tend to splurge and sometimes put away what’s left. You know exactly what I’m talking about.

Paying yourself first is the complete opposite; spend after you’ve put money away towards savings. Check your calendar and see what must go towards your expenses. Deduct it from your earnings and focus on saving the portion that will help you reach your goal.

Find which week works best for you out of the month to save. Once your expenses have been taken care of, pay yourself first, and enjoy what’s left. If most of your income covers your expenses be sure to check out my post on the 7 easy ways millennials can start earning more money to see how you can earn extra income.

Now that you have your target, you understand how much you must put into savings every month to meet your emergency fund goal. Do what you have to do in order to make this happen.

Here are some quick ways you can earn extra cash:

  • Recycle
  • Deliver food
  • Offer ridesharing services
  • Teach online with Fiverr

Make sure any additional cash is directed towards your money goals.

#3. Don’t Let Your Savings Collect Dust

This is where you take the first steps towards allowing your money to work for you. Put it in a high interest savings account.

Keep about a quarter of your savings in your personal savings account as liquid asset (money you can take out immediately). The more you put into your high interest savings account, the quicker you will reach your emergency fund goal through the amazing work of compound interest.

Here are some banks that pay you interest:

What about the stock market?

Invest in the stock market if a). you have no debt and b). you’ve built your hefty emergency fund worth 3-6 months of living expense.

Read: How To Invest in The Stock Market (Step by Step)

#4. Be Consistent

In other words, discipline yourself to save for your emergency fund.

Saving money might seem like a sacrifice at first but by being consistent you’re now creating a great habit and financially stable life. Your future self will thank you.

Remember the importance of having an emergency fund. The benefits of being prepared include:

  • Having money in case of car issues
  • To cover emergency hospital bills
  • Security in case of a layoff
  • Financial peace for your family

The best way to carry out your mission on building your emergency fund is to put money away every month no matter how good or bad it was.

Develop this winner habit and you’ll be meeting your goals in no time.

Keep yourself motivated

If you find yourself losing motivation remember why you started in the first place. Nothing good ever comes easy.

Look for motivational and inspirational accounts on Twitter or Instagram. I personally post motivational content from time to time on IG.

Don’t stop at nothing.

Here are some life changing accommodations to help you save money

Save Money And Change Your Life
These Tips Require Discipline & Action | Start Saving For Your Future Today

1 – Don’t get into further debt. Wait on that awesome new car model that just came out. Perhaps work in your field a little longer before furthering your education. Remember, the more debt you have the harder it is to save.

2 – Start a side hustle. Use that additional income to add to your emergency fund and reach your target quicker. Don’t stop increasing your income.

3 – Live below your mean. This strategy will allow you to build your net worth so that you don’t live paycheck to paycheck.

Let me know in the comments below

Have you reached your emergency fund goal?

The readers would love to hear from you. Share your thoughts below.

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How To Invest In Bitcoin Crypto For Beginners

How to invest in bitcoin for beginners

Bitcoin has revolutionized the way we think about money and how we invest it. Kevin O’ Leary himself thinks Bitcoin will beat the S&P500, which earns on average 7-10% annually by an additional 4%.

I frequently get asked what I think about Bitcoin. In all honesty this could be a great place to park some of your money for the remaining of the decade. And I’ll explain why later but first lets go over how to invest in Bitcoin.

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Welcome to Franknez.com – the blog where you can digest content on personal finance, side hustle ideas, entrepreneurship, and trending investing topics.

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Is Bitcoin the future?

Let’s face it, anything digital is the future. The way I look at Bitcoin is that it is gold in digital form. Why? Because there’s a limited amount of it and there’s a huge demand for it.

I don’t necessarily view Bitcoin as a means of currency to be used for transacting in the markets. Bitcoin to me is a means of multiplying your money like any other investment.

The difference with Bitcoin however is that nothing has quite grown like it. This is what makes this investment, or trade so attractive.

Will Bitcoin go back up?

BTC is showing major signs of a recovery. Investors should not worry about the selloffs that recently took place.

Hedge funds and other institutions shorting companies at the moment are in hot waters and are in desperate need of capital. View this market dip as an opportunity to buy at a discount.

The crypto market is undergoing a correction and will reach new levels growth with each passing day. BTC is recovering quite well.

Where can I buy Bitcoin?

Alright community, this is why you’re here. Before you begin your very first investment in BTC you’ll need to open a brokerage account with a cryptocurrency investment platform.

I personally use Kraken.

Buy Bitcoin and Crypto with Kraken
How to invest in Bitcoin

Kraken allows me to buy Bitcoin at ease straight from my laptop or from my phone. When you purchase Bitcoin with Kraken, you’ll be able to see the stats and charts wherever you go.

In fact, Kraken just made it easier to purchase BTC and other crypto. Before, you would have to transfer money through an ACH transfer which would take days. Now, you can easily connect your bank account and make purchases instantly.

This convenience makes Kraken one of the best platforms to use for crypto trading. Aside from this, the layout is extremely easy to navigate.

Some of the most popular banks you can link to immediately include:

  • Chase
  • Wells Fargo
  • TD Bank
  • Bank of America
  • and PNC Bank

Online banking payments are secured and you also have the option to choose from 1,000 other banks if you don’t use the most common ones.

Other popular banks include Ally, Capital One, U.S. Bank, and BMO Harris just to name a few. This list is huge which means it should be no problem finding your personal bank to start now.

Begin by creating your account first

Creating your account with Kraken is very self explanatory. Follow the steps and input all of your information to get started.

This part of the process is as simple as opening a bank account for example. If you have a brokerage account for stocks then you’ll find it’s almost an identical process.

Congratulations! You’ve now created your account to buy Bitcoin. Purchasing it is just as simple if not easier than creating your account.

All you simply have to do is navigate your cursor to the top of the web page where it details ‘Buy Crypto‘. Here you’ll be able to input the amount of money you will be investing in for Bitcoin or any other crypto using the drop down menu.

Buy Bitcoin

That same menu will display Bitcoin price in real-time. When you click on the Kraken logo on the top left corner of the page you will be redirected to your holdings.

Here you’ll see the price you purchased BTC and gain access to your gains or losses. All the information on this page is super easy to read.

Can you buy a fraction of Bitcoin?

Absolutely! You can put $100 or $10,000 into BTC and your purchase will execute in the form of fractions. Your investment will then go up as the market value for BTC continues to surge.

Unlike most stock market brokerage accounts, you can buy fractions of all type of crypto with Kraken. This is extremely convenient for the average retail investor.

When you buy Bitcoin you’re going to see the balance available in the form of decimal fractions. My very first investment in BTC was $100; this translated to 0.00174 BTC. Your fraction count will increase as you buy more of that investment.

Is it too late to buy Bitcoin?

Contrary to what most novice investors might believe, it is not too late to buy BTC crypto. Yes BTC was once a few bucks but just because it’s worth what it is today does not mean it’s too late to invest in it.

Trajectories show BTC is well on its way to new records. And although there has been a huge market selloff recently, BTC is moving up again.

You can now buy more fractions of a Bitcoin today than you could prior to this liquidation. I’m personally taking advantage of it.

How high can Bitcoin go?

Experts and analysts believe BTC will continue to surge well into the 100k range during this decade. Andrei Jikh even believes BTC could reach $500,000.

Can BTC reach $500,000?

I don’t doubt BTC will continue to surge and reach well beyond 6-figures. With this dip in the market, now is the perfect time to buy at discount.

Don’t ask me how much you should invest in Bitcoin though. This will vary from investor to investor. All I know is that the opportunity to multiply your money with crypto is there.

If you’ve made profit from Doge, I would allocate these gains into BTC in case you’re thinking of investing in this crypto. Remember, unlike Doge which is inflationary, BTC is deflationary. Meaning it has no ceiling as to how high it can go.

Franknez.com

Related: My top picks of stocks to invest in right now

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Why is AMC Entertainment Stock Going Up Again?

Why is AMC Stock Going Up Again?
#AMCtothemoon #diamondhands

Are you a new retail investor? Bookmark these investing tips from Frank Nez

AMC stock is going up and continues to leave hedge funds and publishers such as Yahoo Finance, The Fool, and other sources baffled.

Although hedge fund partners are sticking together to mislead the publics opinion when investing in AMC (and other “meme stocks”), we’re going to let you know why this particular stock is going up.

Please keep in mind that I am not a licensed financial advisor. All the information you are about to read is based on expert sources and will be presented in a manor that informs you why AMC stock is going up.

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Why is AMC stock going up

Welcome to Franknez.com – the blog where you can digest posts on personal finance, side hustle ideas, entrepreneurship, and trending investing topics.

Lets get started.

Volatility is normal in the stock market

We’ve seen a lot of volatility in the market recently. If you’re a new investor chances are you might have been scared off to sell and then noticed the stock slightly go up again in the green tier.

Don’t feel bad, volatility in the stock market is normal. This doesn’t just apply to AMC stock. But if you haven’t sold, kudos to you. #diamondhands.

So, what’s causing the stock to go back up? Well, there are numerous reasons why AMC is back in the green tier. Keep reading to find out whether this stock might be a good pick for you.

Reasons why AMC stock is going up

reasons why amc stock is going up
  1. Large institutions such as Wells Fargo, Vanguard, BMO Harris, Charles Schwab, Fidelity, & BlackRock are buying the stock right now (via. CNN Business)
  2. AMC CEO Adam Aron, announced bankruptcy is officially “off the table” and have raised $2.2 billion in cash this new year.
  3. Because AMC is currently the most shorted stock (via. MarketWatch), the stock price has gone up and will continue to go up as long as retail investors keep buying the stock. *Unfortunately MarketWatch has removed AMC from their list. Retail investors suspect foul play from this hedge fund partner.
  4. AMC is currently the most held stock surpassing Apple (AAPL) and Tesla (TSLA) – via Nasdaq.
  5. Godzilla vs. Kong secures $9.6 million in ticket sales on it’s opening night! Keep reading below for the numbers on NEW titles increasing AMC Entertainment’s revenue.
  6. SEC is starting to crackdown on short sellers.

AMC Entertainment is no longer on the brink of bankruptcy

There’s actually a lot of positive things going on for AMC Entertainment despite what The Fool, InvestorPlace and other shill news might try to convince you of.

The sentiment behind AMC stock keeps getting bigger and bigger and bigger by the day. This is primarily because people are smarter than these hedge funds think. Ultimately, the data speaks for itself.

Now, Adam Aron who is the President and CEO of AMC Entertainment has done an outstanding job with the media. In this video we can hear his optimism for the movie theater chain before AMC theaters began to reopen.

As of April 2021 all AMC movie theaters are now open with many even selling out.

If you’re familiar with Trey’s Trades you’ve more than likely seen his interview with Adam. I wrote a piece on this to highlight key moments of the interview.

You can check it out here.

AMC Q1 2021 Earnings

AMC just announced their Q1 earnings for 2021. Things are looking particularly bullish and optimistic to say the very least.

For the retail investor this means the upper hand is yours. AMC Entertainment has raised over $2 billion dollars to hold them off until the year 2022. And we still have to go through Q2, Q3, and Q4!

If you missed the conference you can check it out from Matt Kohrs imbedded here for your viewing pleasure.

Fundamentals are also causing AMC stock to go up

AMC Entertainment as a company has a lot of partners and friends they’ve gained throughout the 100 years they’ve been in business.

They’ve been able to raise money to pay off debt and focus on ways to welcome people back to the movie theaters safely.

Revenue is a very positive factor playing into the fundamentals of AMC’s stock price action. AMC Entertainment is set to release a ton of awesome titles this year which has people excited for that movie theater experience.

AMC’s CEO is one great leader

With this being said, Adam Aron, CEO and President of AMC Entertainment is not backing down. Adam has talked about his experience saving Norwegian Cruise Line and how he intends to to keep AMC alive for as long as he lives to run the company.

If you haven’t seen his interview with Trey’s Trades you can watch the video embedded here for a more in depth perspective of what AMC Entertainment means to him.

Why are large institutions buying AMC stock?

Vanguard AMC

Speculation would point out AMC is possibly a good investment, contrary to what Yahoo Finance, The Fool, and other resources are leading the public to believe, right?

It is important to note that these institutions are purchasing millions in AMC stock. Just a side note here: if AMC isn’t a good investment like some sources are pumping out, then why are large institutions buying while the stock is low in price? Hmm..

My educated guess? Large institutions aren’t going to be wanting to miss out on upcoming gains from a short squeeze.

Aside from a short squeeze however, AMC Entertainment seems to be a good buy even as a long-term stock. Adam Aron, CEO and President of AMC has shared his optimistic views towards the direction of his company.

AMC is a good buy with or without a short squeeze.

What is a short squeeze?

A short squeeze occurs when a stock jumps sharply higher, forcing short sellers to buy higher, causing them to lose money. This in turn makes the retail investor (you and I) a LOT of money.

This notion of an upcoming short squeeze is drawing in a lot of attention. This is why we’re seeing AMC stock go up as well. Its purchase share volume is going up.

And where there’s attention, there’s money to be made.

Volume is important for an AMC short squeeze

As more and more retail investors get in on AMC and continue to buy and hold, we’re going to keep experiencing the stock price rise.

Because volume is such an important factor, retail investors and institutions will need to not only buy the dips but the gains as well.

By buying the gains in increments, the market processes this as a demand in the stock; further driving up the share price.

The main reason why AMC stock will keep going up

A short squeeze needs volume

AMC is currently the most shorted stock in the market.

Short-sellers such as Melvin Capital bet on the businesses like AMC to lose. These are the folk that don’t care about workers losing their jobs, or about the companies success. This hits home to most retail investors which means convictions towards AMC stock is strong.

The way these short-sellers make money is quite simple. They short the stock. However, they’re not making any money right now. In face, they’re upside down by billions of dollars.

Shorting a stock is the process by which sellers essentially bet on the stock price to drop. They borrow stocks at a higher cost and sell the stock low, profiting the difference and driving the share price to the ground.

Fortunately, retail investors like the stock and are against shorting it. This is why AMC continues to go up. Retail investors have all the time in the world to see this short squeeze through. Shorts however, are paying the price every day.

And if you’re wondering, yes this is exactly what occurred with GameStop. Except AMC might just be the MOASS (mother of all short squeezes).

Melvin Capital suffered 49% loss 1st quarter

Melvin Capital

This is huge for retail investors. Melvin Capital is a hedge fund that has been shorting both AMC and GME stock for quite some time now.

Melvin Capital suffered a 49% loss it’s first quarter of 2021, via. Markets Insider.

The importance of this is very significant. AMC is not a dead cat. Hedge funds continue to short the stock in hopes that they can reverse what’s been done. Unfortunately for them it’s only a matter of time before shorts are squeezed out of their positions due to the increase in short borrow fee and utilization of the stock.

AMC Entertainment has been heavily short laddered in the recent weeks. However, the stock seems to continuously correct itself which is why we’re seeing AMC go up again.

For some reason AMC does not like single digit numbers. This stock is going to continue to test high levels of support as fundamentals push the stock in an upwards trend. Fundamentals such as earnings will play a major role in this organic push up.

r/wallstreetbets like AMC stock

r/wallstreet bets like AMC stock

The people, along with r/wallstreetbets do not want the movie theaters closed. They are purchasing AMC at the dip and holding. This is where the terms diamond hands comes from.

According to Robinhood, AMC is the most held stock beating both Apple (AAPL) and Tesla (TSLA)! Source: via Nasdaq.

This means AMC shareholders will eventually have leverage over the stock from short-sellers as the price goes up.

As long as retail investors continue to hold, we’ll begin to see a supply and demand situation.

Short-sellers will eventually have to buy from retail investors to cover their spots, inevitably driving AMC share price higher.

Positive AMC Theater news!

AMC movie theaters across the entire country are selling out! New releases are serving the movie theater industry very well.

Godzilla vs. Kong secures $9.6 million in ticket sales

AMC theater - Godzilla vs Kong

Warner Bros. said Thursday that “Godzilla vs. Kong” secured $9.6 million in ticket sales on its opening night. This has been a record debut for the pandemic. As of April 26th it has done over $400 million global!

Leave me a comment below if you watched the film. I personally loved everything about it.

Mortal Kombat & Demon Slayer outperform earnings

Mortal Kombat brought in 23.3 million its opening weekend. Critics expected Mortal Kombat to reach no more than 15 million. A huge victory for the cinema industry! Not only that but Demon Slayer drew in another whopping 19.5 million its opening weekend.

AMC theater Mortal Kombat

Mortal Kombat reps the biggest R-rated opening to-date during the pandemic. The beautiful thing is that we have other amazing titles coming to the movies that can continue to scale beyond these numbers.

The top 10 locations for Mortal Kombat were:

1. AMC Burbank Los Angeles, 2. Santikos Palladium San Antonio, 3. Cinemark Tinseltown El Paso, 4. Santikos Casa Blanca San Antonio, 5. AMC Orange Los Angeles, 6. Cinemark Pharr Town Center (Texas), 7. AMC Empire New York, 8. Cinemark Century 16 Corpus Christi, 9. AMC Gulf Pointe Houston, and 10. AMC Southlake Pavilion Atlanta.

Source, via. Deadline.

I have not watched Demon Slayer yet but Mortal Kombat was a fun film to watch. I grew up on the video games (shoutout to GameStop) and the older films so seeing this today made my year. If you have not gone out to your local AMC theater I recommend you do.

A Quiet Place Part II: $57 Million Pandemic Record

A Quiet Place Part 2 earnings
Movie theater earnings: A Quiet Place Part 2

A Quiet Place Part 2 debuted in theaters on Friday May 28 and broke pandemic records in the cinema industry.

Paramount’s A Quiet Place Part 2 topped Godzilla vs. Kong and Mortal Kombat combined on their opening night reaching $57 million over the Memorial Day Weekend. A huge congrats to the industry and AMC Entertainment.

As more Americans continue to get vaccinated, health concerns ease. AMC Entertainment is seeing a critical mass effect as the public feels safer. I’m personally happy for the century old company and its shareholders invested in the stock.

The Conjuring Earns $11.5 Million Opening Weekend in the U.S.

The Conjuring: The Devil Made Me Do It earned $11.5 million its opening weekend and grossing 57.1 million worldwide. Congrats to James Wan and the movie theater industry. The Conjuring films are currently the top grossing horror franchise of all time with $1.9 billion at the global box office.

Wall Street analyst upgrades AMC Theatres

Wall street analyst says, ‘Godzilla vs. Kong’ “Destroys lingering concerns around theatrical window importance and demonstrates a solid path to resurgence”, via. Hollywood Reporter.

Eric Wold goes on to say, “Consumers want to leave the house and return to the theater.”

There seems to be a massiveness of positivity going around for the theater industry, especially AMC being the leader. As AMC continues to increase their sales revenue with hit titles, you can expect AMC’s stock price to continue surging. Massive victory for the AMC theaters!

Upcoming movie news and revenue will be updated here so be sure to follow me on Twitter to know when the post has been updated.

Is it too late to get in on AMC stock?

In short, no. With the price of AMC stock being affordable to majority of the public, it’s a steal right now. Especially considering it was much higher prior to the pandemic. The share price was around $30 back in the booming party economy year of 16′!

I strongly believe AMC will do well post pandemic, and apparently so do other institutions (with or without a short squeeze).

Read: Is it too late to get in on AMC stock?

Are you holding AMC Stock? Let me know in the comments section below!

Where can I learn more about AMC’s short squeeze?

Trey’s Trades is currently blowing up. He’s an analyst who trades in the market and provides outstanding material on his YouTube channel. If you haven’t checked out Trey’s Trades make sure to do so, you’ll be happy you found this channel.

Trey’s Trades – Huge Institutional AMC buyers!

Another great analyst on YouTube is Roensch Capital. They provide more detailed analysis on the stock if you’re into deep chart digging. While Trey is more energetic and entertaining to watch, Roensch Capital is a little more serious and dives in straight to the research.

These are two channels I particularly enjoy which is why I’m sharing them with you today. My mission is to provide you with valuable information. While there’s a lot more people covering AMC on YouTube, these two channels are by far the best analysts on the platform in my opinion. If you’ve never heard of them before, make sure you leave them a comment and let them know you found them through FrankNez.

And lastly…

A quick message from Frank Nez

A lot of you have been sharing my posts on Facebook Groups, Reddit, Discord chats, and Twitter. Words can’t explain how grateful I am for you sharing positive and valuable information for new retail investors to look at. So, I published this video to tell you just that. Thank you.

FrankNez has a message for you
franknez.com

If you haven’t subscribed to our newsletter please be sure to do so to stay informed when a new blog post is published. Blog posts will range from personal finance to business, side hustle ideas, and more trending investing posts like this one.

Also, please give this post a social share as it helps provide curious investors like you and I with valuable information to help them come up with an investing decision.

AMC with Franknez.com Discord

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Are you hodling AMC? Leave a comment below what a short squeeze would mean for you or your loved ones.

#AMCtothemoon #Diamondhands

Related: How soon will we see an AMC short squeeze?

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5 Powerful Strategies To Begin Growing Your Net Worth

how to grow your net worth
How to grow your wealth

What is net worth? Your net worth is the financial value you have after deducting all your liabilities from your assets. Think of your net worth as the vitality to your personal finances.

An over-simplified example would be:

You have $10,000 in savings but owe $2,000 on your car loan and $5,000 in student loans. Your net worth is then $3,000.

Or, you have $10,000 in savings but just financed a brand new vehicle for $35,000 so your net worth is -$25,000. In this scenario you owe instead of own.

Building your net worth can be a challenging yet fun experience during your financial growth.

Franknez.com - the blog where you can digest content on personal finance, side hustle ideas, entrepreneurship, and trending investing topics

Welcome to Franknez.com – the blog where you can digest content on personal finance, side hustle ideas, entrepreneurship, and trending investing topics.

Lets get started!

So, what are some strategies I can use to grow my net worth?

I’m going to walk you through 5 ways I’m personally growing my own net worth. Anyone can use these very simple strategies to have money multiplying for them.

1. Open a high-yielding savings account

What better way to grow your net worth passively than by having a bank consistently pay you a percentage per month for holding your money.

This is exactly what high-yield savings and money market accounts do. I’ve personally seen accounts generating $20 per month in passive income to a little over $200 per month.

This type of account is a better alternative to your traditional savings account from Wells Fargo or Bank of America.

How does this work?

One thing you have to understand is that banks are always moving money. They are always investing money which is why they’re so powerful.

The instance you deposit any money into your bank account, they’re already investing it. Huge commercial banks like Wells Fargo and Bank of America will typically only pay you a penny per year for banking with them.

Ever notice that $0.01 or $0.02 randomly deposited into your savings account? Yup, that’s what you earned for banking with them.

High yielding savings accounts simply pay you a higher percentage for banking with them.

How safe are these bank accounts?

Most of these banks are FDIC insured and can insure up to $250,000. Just like Chase, Bank of America, and Wells Fargo.

What banks offer high-yield savings accounts?

It is important to note that APY rates do change depending on the circumstances of our economy. They were higher previously to the pandemic and have gone down during the pandemic.

This is completely normal though and should not stop you from generating passive income to increase your net worth.

Here’s are two banks that offer high-yielding savings and money market accounts:

*Rates are applicable to change

Now, although these aren’t very high at the moment, you certainly get a better APY than with a traditional account.

Before the pandemic, my high yield savings account had an APY of 2.05%. I didn’t include BMO Harris on the list because the account now earns less than the others on the list above.

There are more banks I didn’t include simply because they’re around 0.20% and I want to provide you with the highest return possible at the moment.

How can I get the best out of my high-yield savings account?

  1. Use it for your emergency fund and watch it grow
  2. Deposit money every month to accumulate compound interest
  3. Don’t withdraw unless it’s for an absolute emergency

A high yield savings account is not going to make you rich. I personally think the best way to utilize this account is by putting money in it you don’t intend on using unless it’s for a priority emergency.

This strategy allows your emergency fund to grow a little passively without collecting dust in a traditional bank account.

Can I withdraw money from a high-yield savings account?

Yes. However, this is usually done through an ACH transfer which can take up to 3 days to see the balance reflect in your personal bank account.

For this reason I suggest funding both your high yield savings account as well as you personal savings account. Always have liquid funds available.

Your personal savings account should have enough money to take care of something quick and unexpected. Dave Ramsey recommends $1,000 if you’re still paying off debt in efforts to continue paying off debt. I prefer more, but everyone’s situation will vary.

Now that you have your money bringing back more dollars every month, I’m going to discuss a little more about purchasing assets to further grow your net worth.

2. Purchase stocks

Purchasing stocks has never been easier with all the online platforms now available to you. The stock marketing on average provides a 8% return during a period of 10 years.

To put things into perspective, I earned a whopping 40% return of investment my first year investing in the stock market.

What are stocks?

Stocks are assets in companies you can invest in through the purchase of shares. Shares are fractions of a business that you can own through the purchase of said stocks.

For example: If you wanted to invest in Apple, you would invest in the (AAPL) stock and purchase ten, fifty, or one hundred shares of the company.

What are the risks of stock investments?

Most people instantly think risk when they hear the words ‘stock market’. The truth is the only risk is not taking the risk. In my honest opinion, not investing and having your hard earned money collect dust is the real risk.

Your mindset needs to change so you think ‘abundance’ when you think of the stock market.

Warren Buffett transfer of wealth quote

“The stock market is a device for transferring money from the impatient to the patient.”

Warren Buffett

(Scenario)

What scares most early investors is when they see their first investments take a dive. They spend $50 on a share and a week later it’s worth $44, then they sell the share and lose $6. This is the game plan you want to avoid. Stock investment for the most part should be a long term play.

In this scenario, the strategic thing to do would be to purchase a second share at $44 at a discount and hold it until their worth increases over time. By the time the share is worth $55 your first share would have gained a return of $5 and your second share would have gained a return of $11.

This ladies and gentlemen is how a total investment of $99 can earn you $16 without having to work and give your time to someone else for it. By purchasing assets, you’re able to further grow your net worth.

I recommend you only invest in companies you believe are great companies and have room for plenty of potential growth. These are the companies that are always striving to get better. And when they do, your investments will grow alongside with that company.

How can I invest in the stock market?

You can invest in the stock market through online platforms such as Vanguard, Fidelity, E*Trade, Ameritrade, and Merrill.

Once you create an account with one of these platforms you’ll be able to connect your bank and begin funding your brokerage account so you can purchase stocks.

Bookmark: How To Invest In The Stock Market (Step by Step) For Beginners

3. Diversify your income

Most wealth builders have increased their net worth by diversifying their income. Multiple streams of income is what has allowed the wealthy to stay highly successful.

Having more than one stream of income allows you to pivot should one stream lose momentum. During the pandemic millions of people lost their only source of income. Those with multiple streams of income were able to pivot and thrive.

However, when all your streams of income are doing extremely well then you will be doing extremely well.

What are some ways I can diversify my income?

This is the fun part because diversifying your income varies from person to person. Ask yourself, what are you good at? What do you enjoy doing?

You may be working a 9-5 but enjoy making music. Distribute your music online and get paid for every stream. Perhaps you really enjoy driving, take on a ride sharing or food delivery service.

You can find several ways to make money using my side hustles tab where I provide my readers with creative ideas to increase their income. One thing I will always recommend is building a scalable online business. This can be a blog, YouTube channel, or other streaming service.

The more income you’re able to generate means the more resource you will have at your disposal to begin growing your net worth.

4. Become debt free

What better way than to liberate all your income sources by becoming debt free.

When you’re debt free you can really tackle savings and investments to grow your net worth. Yes you can have debt and still have a positive net worth; however, by becoming debt free you can maximize your investment capabilities.

Freeing up your income capabilities will provide you with the best investing results. This is primarily because when an opportunity comes, you’ll be ready. You will not lack the means to invest like you mean it.

If you have debt, focus on building a small emergency fund then paying off your debt so you may continue to grow your net worth.

Hacks to avoid getting in debt:

  • In need of a vehicle? Purchase it cash.
  • Learn to generate money without a college degree.
  • Avoid payment options provided by store retailers.
  • Keep your credit card spending limit below 30%.

Debt has a lot to do with our spending habits. If most people cannot manage $1,000 then they won’t be able to mange $10,000 and so forth. Invest in your future self and eliminate debt. You will thank yourself later.

5. Live below your means

This last strategy on the list is very powerful. Very few people have the discipline to stay put as their income level increases.

Living below your means, just like becoming debt free can unlock your savings and investing capabilities.

To live below your means simply means your expenses do not exceed your level of income. In other words, you spend less than you earn.

Keeping your expenses low as you continue to increase your income is a guaranteed way you can grow your net worth even if you don’t invest. This is why this strategy is so powerful.

Example

If you were making $80K a year and got hired somewhere else for $100k a year, keep living the same lifestyle at $80K while you use the additional $20K to build your net worth.

More than often, people will fall into income creep lifestyle where they get a raise and they upgrade just about everything. This is how even high earners have trouble getting off the never-ending cycle of debt and living paycheck to paycheck.

Don’t be average, continue to increase your net worth so that you can look out for your future self and and for your family.

A few last words from Frank Nez

Franknez.com

Growing your net worth takes time, serious dedication, and work. There will be times where you’re doing great, being consistent and something happens where you have to take money out.

It’s normal, it’s life. Do not get discouraged when you face roadblocks that halt your growth. Instead, continue to set goals to grow your net worth and make it happen.

Follow these strategies and you’ll be on the path to long-term financial success.

FAQs on Net Worth

Can net worth go down?

Your net worth can be zero if your assets and liabilities break even. A net worth at zero is much better than having a negative net worth.

Can net worth be zero?

Your net worth can be zero if your assets, and liabilities break even. A net worth at zero is much better than having a negative net worth.

Can net worth be negative?

If your liabilities are greater than your assets then your net worth will be negative. This is most common amongst younger people enrolled in college.

Why is net worth important?

Net worth is important because it reflects the health of your financial situation. Whether you’re negative, break even, or have a positive net worth, it says a lot about how you manage your finances.

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5 Amazing Ways You Can Secure Your Family Financially

5 Amazing ways you can secure your family financially

Who doesn’t want a secure and healthy financial world for their family? If you’re reading this chances are you’ll do anything to keep your family safe and ensure you provide them with a life unlike anything else.

Some of our biggest dreams aren’t for ourselves, but for our family. We dream of providing them with the best experiences life has to offer. Here are 5 amazing tips to secure your family financially.

Franknez.com - personal finance blog

Welcome to Franknez.com – the blog where you can digest content on personal finance, side hustle ideas, entrepreneurship, and trending investing topics.

Lets get started!

#1. Build a hefty emergency fund

Super important.

The number one way you can secure your family financially is by building a hefty emergency fund that can protect them during a rainy season.

emergency fund
franknez.com

Note I said rainy season and not rainy day.

Sometimes life simply happens and before you know it we’re going through a pandemic and lockdown out of nowhere.

Have your emergency fund money work for you

The best thing you can do with your emergency fund is to put it in a high yield savings account so it can earn interest every month. Don’t let your emergency fund collect dust in a traditional checking account.

Banks like Citibank, BMO Harris, and Capital One all offer these services and are also FDIC insured meaning your money is protected.

Have cash at hand

This can be in the form of actual cold cash or liquid money that’s available to you instantly, such as a personal savings account.

What I find works best is to allocate money in a money market account and in a personal savings account. This allows me to protect my family should I need to access money right away.

Meanwhile, the hefty emergency fund is earning interest every month. Sounds pretty great right? It is.

#2. Lower your overhead

It does not matter how much money you make. Lowering your overhead simply implies to live below your means.

The most renowned millionaire’s will tell you this is a big part to building long term and generational wealth.

Secure your family financially by lowering your overhead

Lowing your overhead allows you to secure your family financially because it keeps your overall costs down.

What are some benefits to a smaller overhead?

  • Family necessities become abundantly affordable
  • No more living paycheck to paycheck
  • Sense of self control and achievement
  • Resources become available to save and invest

Don’t mistake a small overhead for living frugally. That’s completely up to you. A smaller overhead simply provides you with more access to your monetary means.

So, when should I raise my standard of living?

You should raise your standard of living in small increments.

You’re most likely in a place where you can technically afford higher rent or a new car. However, when we’re striving to secure our family financially we should avoid instant gratification and instead delay it.

Before you begin to make bigger financial moves make sure you and your partner are:

  • Debt free
  • On the same page about finances
  • Have a heft emergency fund built
  • Setting financial goals together

Read: How to Successfully Manage Money As A Couple

What are some ways I can lower my overhead?

You can lower your overhead by:

  1. Renting oppose to taking a loan on a mortgage
  2. Paying off debt to eliminate monthly payments
  3. Lowering your utility bills
  4. Cutting off unnecessary streaming services or subscriptions
  5. Investing in your health and changing your grocery spending habits

Which leads to my third strategy on how to secure your family financially. Yup, by setting healthy budgets.

#3. Budget healthy

Secure Your Family Financially by Budgeting

Now, I say budget healthy because I do believe in splurging on your family once in a while. I mean what’s the point of sustaining a growing family if you can’t spoil them from time to time right?

All in moderation.

Setting budgets will secure your family financially and allow you to gain self control over your spending habits.

Budgets also help us communicate better with our partners and instills trust within the relationship.

When we’re in sync with our partners we tend to grow at a faster rate financially.

Not only is budgeting great for your wallet but it creates a bond between you and your significant other.

What are some simple budgeting ideas?

  • Conserving electricity (also good for the environment)
  • Meal prepping / home cooked meals
  • Keep an eye out for deals or specials
  • Wash your own vehicle
  • Pull out the gift cards from your drawer

Read: 10 Successful Ways To Save Money During A Recession

#4. Develop multiple streams of income

Ladies and gentlemen, the single most effective way to secure your family financially is to make sure there is always cashflow.

Start a side hustle, create your online business, do MORE.

Develop multiple streams of income

These things won’t be easy. I’m not talking about make money fast ‘opportunities’. Developing multiple streams of income takes time and anyone who says otherwise is a scam.

Get creative with it and enjoy the process.

People are making money with:

  • Fiverr as freelance writers, graphic designers, translators, instructors, and so much more!
  • DistroKid – which allows musicians and artists to distribute their music on all major platforms earning them money PER STREAM.
  • Bluehost – WordPress’s number 1 webhosting service for bloggers and online business startups.
  • Turo, by renting out their vehicles.

There are a lot of ways from which you can earn additional income to help feed your financial goals.

Our ‘Side Hustles‘ tab has a variety of posts to help you manifest these goals.

If you’re enjoying this post so far don’t forget to subscribe to our newsletter and leave a comment below!

#5. Talk about money in your household

Talk about money in the household
Financial Literacy

This one is very important.

Maintain an open atmosphere at home when it comes to finances and money management.

Filter private conversations around the kids but increase their awareness. Talk about your goals to them. Make them money conscious.

By openly talking about money in the household, you instill a confidence in your environment that isn’t taught in school.

Become that source for your kids so that one day they become just as money conscious and goal oriented as you are.

Talking about money is a great way to secure your family financially

Kids brains are like sponges. If they hear the content you’re listening to online they subconsciously process this information.

When I put YouTube on my television and my son asks me what it is I’m watching, I advise it’s educational videos for adults. He’ll then carry on and play with his toys or draw beside me.

His daddy isn’t binge watching the new Netflix series that just premiered, he’s learning and making things happen. Manifest this activity for productivity.

Kids notice these things. We are the biggest influences in their lives.

Keep winning, keep persevering, and stay humble.

Read: How To Set Financial Goals: 10 Simple Steps!

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