Category: Wealth Building

These Money Management Tips Helped Me Through Tough Times

Money Management Tips
Money Management Tips – Franknez.com.

Those of you following me on Instagram voted for a personal finance article this weekend; so, I’m going through 5 money management tips that have helped me through tough times.

Oh yeah, it’s getting personal.

Let’s get started.

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#1. Aiming to Increase My Income

Whether it was looking for a salary raise, a commission raise, or an increase in clients, aiming to increase my income has always been a career priority for me.

Increasing my income has been one of the most important money management rules I’ve created for myself.

When you increase your income, you increase your ability to increase your savings and be ready when you spot investment opportunities.

#2. Diversifying Income Streams

Another very important one.

Having an additional stream of income has saved my a** during rough patches and setbacks.

Whether it’s creating a side hustle, a side business, or an income generating platform such as a blog or YouTube channel, having an additional stream of income can go a long way.

Especially if your main income is going through a slump.

Building an additional stream of income also raises your household income; who wouldn’t want an additional $1,000 per month, right?

Bookmark: Side Hustles from Home That Make a Ton of Money

#3. Creating a Money Management Plan

money management tips.
Money Management Tips – Franknez.com.

This is a great one, and one most people never start with.

Begin by writing your money goals, literally all of your money goals.

How much money you want to make, how much money you would like to save each month, how much money you can see yourself investing in something else, and so on.

By creating a money management plan, you’re able to zoom out and look at what you need to work at, even if you’re currently in a tight spot.

Sometimes we’re so busy that we forget to just simply stop and set goals that are going to propel us forward.

#4. Learning About Money

Learn how to manage money.

When you get serious about your money, you start to look for ways to get your money right.

That’s why you’re here today.

Being involved in the world of money is going to make a huge difference in your life because you will constantly be taking in great money habits from those who have learned the ropes.

While you might not agree with every money guru or entrepreneur or investor, you can always take something from everyone, and use it to mold your own personal money management experience.

#5. Having a Killer Savings Account

Money management tips.
Money Management Tips – Franknez.com.

Having a killer savings account has saved me from any type of financial setback or unprecedented expenses throughout the year.

The key to building a strong savings account is to first increase your income and then set the additional earnings aside.

The bigger your income, the more funds are made available for you to put away.

Avoid financing new cars or a new home as you increase your income.

These financial decisions will only set you back and limit how much you’re allowed to set aside in case of a rainy day.

These toys should be last on your list until you have a strong foundation and positive trajectory of where your finances are headed.

Also Read: 5 Easy Ways You Can Earn Leverage Income: Start Now

About Frank Nez

Frank Nez is an American entrepreneur and journalist with a background in startup development, marketing, and branding. He is the author of “Reaching the $10K Mark: How Perseverance Overrides Adversity” and founder of SoCal advertising agency Easy Marketing Concepts.

You can follow Frank Nez on: Twitter | Instagram


Retail Investors Have Big Opportunity in the Market Right Now

Stocks and Crypto to buy in a bear market.
Stocks and Crypto to Buy in a Bear Market | Opportunity in the market right now.

That’s right, even in today’s bear market, retail investors have big opportunity right now.

If you’re a new investor or entered the market during the bull run, chances are your portfolio is down significantly.

But don’t let your first bear market shake you off because there are numerous opportunities out there that have the potential to yield big returns.

If you’ve been reading my blog for a while now, you’ve more than likely capitalized on opportunities such as AMC, HYMC, Shiba Inu Coin, Terra Classic, and Bitcoin during properly and fortunately timed moments.

So, what’s new?

In this article, I’m going to go over the opportunities I see that lie ahead for retail investors.

None of the information on my blog is financial advice but rather speculative content based on current information and trends in the market.

And with that being said, let’s get started.

Not Invested in The Markets Yet?

If you or someone you know are not invested in the markets yet, the two articles below are going to walk you through, step-by-step on how to buy stocks for the very first time and how to buy cryptocurrency for the very first time, too.

Much information on how to invest in the markets is outdated so I wanted to create easy guides for beginners.

You can read them here to get started:

Remember, one of the greatest wealth you can share with someone else is that of knowledge.

Opportunities in the Stock Market Today

opportunities in the stock market today
Opportunities in the stock market today.

During a bear market share prices tend to tumble, hence why many long-term investor’s portfolios tend to lose value.

And although we can’t entirely time the bottom, we know that at some point the stock market is at a massive fire sale.

Value investors such as you and I can pick up shares from our favorite companies at these low prices before the market reverses trend.

Economists, analysts, and entrepreneurs alike predict there is still room for another 10%-15% drop in the markets.

But for the record, these are just predictions after all.

The point here is for value investors to capitalize on this falling trend by purchasing low and holding during the next bull market.

Whether you choose to capitalize on opportunities presented in a bull market or not will ultimately be up to you.

However, capitalizing during a bull market will require value investors to buy during a bear market, not during the bull market.

After being involved in the retail community for almost three years now, there are stocks and crypto that just stand out as having big potential during the next bull run and I’m going to discuss them below.

Stocks Worth Buying During a Bear Market

None of the information provided below is financial advice, but rather speculative in nature based on market trends and current information at the time of publication.

AMC Entertainment Stock (AMC)

You’ve probably heard all the ruckus on AMC and ‘meme stocks’.

It’s true, the stock jumped from $5 per share to an all-time high of $72 per share.

AMC Entertainment stock is currently trading below $6 again due to this bear market.

What makes this stock such an interesting value investment is that it has a huge community made up of millions of people who plan to take its current price up again.

Plus, the company has beat earnings every quarter since 2021.

Investing in the largest movie theater chain in the world could prove to pay out big during the next bull market.

SPY Stock (SPY)

I’ve talked about SPY stock numerous times on my blog.

It’s even made the list of best divided stocks to buy for passive income.

SPY is the S&P 500 index fund that tracks the top 500 performing companies in the U.S and has been a favorite amongst value investors for a long time.

Warren Buffett himself says he’s moving 90% of his wealth to this specific stock when he departs us.

Just this thought should speak for itself.

SPY has a great track record for its increased value over time.

Vanguard Real Estate REIT (VNQ)

I believe every value investor should have at least one great performing REIT, or Real Estate Investment Trust.

VNQ is Vanguard’s commercial real estate investment trust with a great track record since the recession of 2008.

The REIT is also on the list of the best dividend stocks to buy for passive income.

While the real estate market is set to retrace some of its gains, keeping an eye on this stock may provide retail investors with big opportunity during the next bull market.

GameStop Stock (GME)

What GameStop is doing with their NFT marketplace is genius and not a lot of people know about it.

Wonder why, *ahem, mainstream media*.

The video game company is making it available for people around the world to own actual digital items inside games through the use of blockchain technology.

The opportunity this technology will bring to entrepreneurs and flippers alike in the future is massive.

Investing in GameStop early on could have massive potential as our economy shifts towards the digital/metaverse economy.

Amazon Stock (AMZN)

Amazon is now affordable for just about any value investor to buy shares from.

The company stock traded above $3K per share before its 20-for-1 stock split made it available for everyone to purchase.

AMZN is currently trading below $100 per share and it’s a steal whether you’re anticipating another 10%-15% market drop or not.

Tesla Stock (TSLA)

Despite what you might think of eccentric billionaire Elon Musk, you cannot deny what the entrepreneur has created is fascinating in its own respect.

Tesla stock has shown outstanding growth in the past even after stock splits.

We’ve seen this company’s stock reach massive popularity during the previous bull market.

In fact, it was right under AMC Entertainment stock as the most searched for stock on Google in 2021.

Meta Platforms Stock (META)

Most boomer investors, like mainstream media, don’t truly understand the potential of Meta.

While Zucks might currently get made fun of by Wall Street ego, there’s a huge opportunity investing in early technology, especially a technology that one day may change the world as we know it.

Today’s innovators will carry the baton, whether old power likes it or not.

Crypto to Buy During a Bear Market

crypto to buy in a bear market.
Crypto to buy in a bear market.

Here’s a list of cryptocurrencies I’m keeping an eye on in today’s bear market.

Think a stock or cryptocurrency should be on this article?

Leave a comment down below!

Share This Article for A High-Five

franknez.com

If you’ve made it this far, it means you’re taking the steps to simply try to figure things out for yourself financially.

Well done on your part for seeking the information on how to become a better investor than you were yesterday.

Share this article with someone you care about or publish it on social media for others to see!

You never know whose life you may change by simply sharing the knowledge you’re taking in.

With that being said, thank you for being here today.

Until the next one.

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How Can the Average American Pivot in a Recession?

Recession 2023
Want to become recession proof? Here are some steps you can take.

An economic downturn, a recession, call it what you will.

The U.S. economy is in a state of emergency and the average American is suffering financially.

From stock and crypto market crashes to the rise of gas prices and increased inflation, the middle class is in desperate need of help.

The problem is no one is teaching the middle class how to pivot.

Cutting back on expenses isn’t going to do it, you can only cut so much.

This article is going to help you identify several ways to pivot during a recession so that you can take care of your family during economic hard times.

Let’s get started.

Shifting Mindset from Defense to Offense

how to prepare for a recession.
How to prepare for a recession.

During a recession, most people tend to contract, they tend to shrink (cut expenses, coupon, etc.).

Very few, however, expand and look for high reward opportunities.

It’s these opportunities that allows the few to shift their mindsets from defense mode to offense mode.

A defense mindset is idle, waiting for the government to do something about their financial setbacks (job loss, cut hours, lost pension funds, market crashes, etc.).

An offense mindset on the other hand is identifying how to keep up and overcome the changes occurring in their environment.

While most people focus on the things that are out of their control, few focus on the things that are within their control.

If you’re reading this blog, chances are you’re being impacted by our economy today and want to make more money.

Who doesn’t want to make more money?

Money is how we ensure our family’s security and wellbeing in America.

If you want to learn how you can pivot in today’s falling economy by earning more money, keep reading below.

Learn How to Use Leverage and You’ll Never Fall Short Again

how to use leverage
How to prepare for a recession.

We all have the same 24hrs in a day, but do you want to know why successful people make more money than the average person?

It’s not because they work harder than you or because they’re smarter than you.

It’s because they use leverage.

Leverage is a multiplier of both time and money.

What would have taken you decades to accomplish, leverage gets it done at a fraction of the time.

Leverage is accessible to everyone, including you.

But we don’t grow up with mom and dad teaching us this.

So, what are some forms of leverage you can take advantage of as soon as you exit this blog article?

Let’s dive right into them.

Leverage Tools to Help You Make Big Money

#1. Building Your Dream Business

Small business recession
@easymarketingconcepts

Starting a business around your hobby, passion, or skills has the potential to create that world you desire.

How does leverage play a role in building a business?

Think about this for one second.

If you work a 9-5 or commission job, you the employee are generating income for the leader of that organization and getting paid per hour or per sale to do so.

However, if you’re the business owner of a small business or startup, all revenue goes to your business account.

The leverage here is you’re now using your time to build something that will generate positive cashflow instead of giving it away for an hourly wage or commission.

If you don’t have the capital to start a new business, you can always use leverage by taking out a business loan and incrementally paying it back as your business picks up.

Using the banks money to make money is the proper way to leverage someone else’s capital to your advantage.

#2. Day Trading

how to make money during a recession

If you’re already invested in the stock market, then you’ve more than likely heard of day trading.

Day trading uses one of the biggest leveraging tools out there, the stock market/derivatives market.

Here, traders will require intense discipline in order to execute their trades with profit.

Day trading is certainly not for everyone, but if making hundreds of dollars to thousands of dollars per day sounds appealing, you can learn more about it here.

The incredible thing about trading the market is that traders can learn how to make money whether the stock market is booming or crashing.

This means that as long as you’re able to develop the skills necessary to become a consistently profitable trader, you will be able to pivot in a recession and actually make money while most of the economy faces turmoil.

Going on the offense means learning new skills and getting out of your comfort zone to be successful at something outside your 9-5.

franknez day trading

You can follow my personal trading journey on Instagram or Twitter.

#3. Monetizing a Platform

How to prepare for a recession.

Americans are monetizing on Facebook, TikTok, Instagram, YouTube and other platforms such as blogs and podcasts.

If the idea of creating content at scale intrigues you, monetizing a platform could be a great leverage tool for you.

The bigger you grow your audience, the more income you may earn from advertising revenue, affiliate marketing, sponsored content, or other streams.

But the key here is to provide real world value that can help your audience in one form or another.

My blog for example has helped thousands of people invest in the stock and crypto markets for the first time.

Retail investors were able to profit big from investments such as Bitcoin, Shiba Inu Coin, Terra Classic, AMC, and HYMC from early ticker updates on Franknez.com.

Those who took advantage of the information came out profitable before the markets began to tank.

But not everything has to be educational – many creators are publishing content on pretty much any niche that people find interest in.

A platform will help you pivot in a recession by working 24/7 for you.

How to Prepare Personal Finances for a Recession?

In terms of your personal finances, you’ll want to allocate a good chunk of your income into a savings cash account you can build in case of an emergency.

If your income is booming during a recession, consider investing in the S&P 500 index or in rental property.

Many opportunities will present themselves in times of an economic downturn, and when they do, we better be ready.

Becoming Recession-Proof

recession proof
How to prepare for a recession.

Becoming recession-proof is really about taking action.

It’s about creating something or developing new skills that will allow you to overcome any hardships that come your way during economic adversity.

Living paycheck to paycheck is hard, learning new skills is hard, building something new and getting out of our comfort zone is hard, so choose your hard.

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Read: Stocks Retail Investors Can Buy to Build Wealth This Decade

Stocks Retail Investors Can Buy to Build Wealth This Decade

Stocks to build wealth

The market is down which means there are a variety of stocks retail investors can buy to build wealth this decade.

The problem is identifying which stocks will create the team you need to ensure your investing success.

I’ve compiled a list of stocks along with a simple strategy that’s going to allow these stocks to compound over time so that when you’re ready, they start paying you passively.

By the end of this article, you will have the knowledge you need to begin building your very own wealth through stock investments this decade.

Let’s get started!

franknez.com

Welcome to Franknez.com – I’m helping novice retail investors make the best out of the market. Join my newsletter for weekly market updates and more content like this.

Receive weekly market news and articles like this to stay up to date.

Let’s dive right into it.

Compounding starts with reinvesting

Which stocks to buy?
Which stocks to buy?

The list below is made up of cash dividend paying stocks, companies with enough cash at hand which allows them to pay cash dividends to its investors every quarter.

The key here is to ensure that you opt in to ‘reinvest’ these cash dividends back into the asset so that your number of shares automatically compound every quarter.

On some occasions, the default setting is set to ‘cash’ instead of ‘reinvest’, which means your broker account will receive the cash dividend as a form of payment and settle in your funds like a deposit.

When you’ve built a strong retirement portfolio and you’re ready to claim the fruit of your labor many years from now, then you’ll want to begin taking that big cash.

But in the meantime, we’re focusing on setting ourselves up for that chapter in our lives so make sure you opt in to ‘reinvest’ that cash dividend.

Over time, you will see your number of shares grow fractionally and then eventually turn into whole numbers.

This process will continue repeating as you continue to fund your cash dividend stock portfolio.

Which Stocks Can Take Care of You Forever?

which stocks to buy?
Which stocks to buy?

Building wealth is a constant journey of increasing your income and investing in assets that can take care of you forever.

If you would like me to publish more content on how to increase your income let me know in the comments section at the end of the article.

Granted that you have the capability to invest now during this bear market, here is a list of cash dividend paying stocks that can take care of you forever.

Related: How to Invest in Stocks for Beginners

#1. VOO (S&P 500)

Dividend Yield: 1.56%

VOO has paid $5.65 per share in the past year during the bull market but is currently paying $1.43 per share in this year’s bear market.

VOO is Vanguard’s S&P 500 ETF which tracks the top 500 performing companies in the United States.

#2. GPC (Genuine Parts Co.)

Dividend Yield: 2.40%

GPC has paid $3.42 per share but is currently paying investors during this bear market $0.90 per share.

Genuine Parts Company is an American service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials.

#3. VNQ (Real Estate REIT)

Dividend Yield: 3.53%

VNQ has paid $2.86 per share but is currently paying investors approximately $0.56 per share in today’s bear market.

VNQ is Vanguard’s real estate ETF which invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property.

#4. OMF (One Main Holdings, Inc.)

Dividend Yield: 7.96%

OMF currently pays investors $0.95 per share but has paid them as much as $6.80 per share during the bull market.

OneMain Holdings, Inc. is an American financial services holding company that provides loan products, offers credit cards, and other personal loans.

#5. T (AT&T)

Dividend Yield: 9.71%

AT&T is currently paying shareholders $0.28 per share but has paid investors $1.60 in the past.

AT&T Inc. is an American multinational telecommunications holding company offering internet and cellular services.

#6. NRZ (Real Estate REIT)

Dividend Yield: 9.85%

NRZ stock is currently paying investors $0.25 per share but has paid $1 per share before.

New Residential is a publicly traded mortgage real estate investment trust with a diversified portfolio and a strong track record of performance.

#7. EMR (Emerson Electric Co.)

Dividend Yield: 2.45%

EMR pays shareholders $0.51 per share but has paid investors $2.05 per share prior to today’s bear market.

Emerson Electric Co. is an American multinational corporation headquartered in Ferguson, Missouri.

The Fortune 500 company manufactures products and provides engineering services for industrial, commercial, and consumer markets.

#8. ESGV (ETF)

Dividend Yield: 1.26%

ESGV currently pays shareholders $0.20 but has paid investors $0.88 per share in the past.

ESGV tracks the performance of large-, mid-, and small-capitalization stocks.

The ETF specifically excludes stocks of certain companies related to the following: adult entertainment, alcohol, tobacco, cannabis, gambling, chemical and biological weapons, cluster munitions, anti-personnel landmines, nuclear weapons, conventional military weapons, civilian firearms, nuclear power, and coal, oil, or gas.

Other Stocks?

Investing in other stocks that aren’t paying cash dividends could be a great way to raise capital fast.

One example is Tesla, AMC, GameStop, etc.

Retail investors who were able to jump on these stocks early were able to capitalize on massive price fluctuations.

The key here is to get in early, otherwise you may end up holding substantially large losses.

If you’re going to invest in individual companies, make sure you’ve done your due diligence and cash out when in profit.

Send this list to someone you know!

Share this list of the best dividend stocks to buy right now with someone you know who is invested in the market.

I personally hold these stocks in my stock portfolio and figured I’d share with my readers which dividend stocks I recommend checking out.

I’d love to hear your thoughts on this list – do you hold any?

Leave a comment down below.

Here’s how you can make money trading the stock market.

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What Are the Best Days to Trade Stocks?

Best days to trade stocks
FrankNez options trading: Best days to trade stocks.

If you’re a new day trader and are trying to figure out what are the best days to trade stocks, then I have good news for you.

I’ve been trading options for an entire year now and have figured out which days are the safest to trade, and which days are the absolute worst.

I’m also going to go over a risk management strategy that is going to allow you to have bigger wins, and significantly smaller losses.

If you’re new to the blog, make sure you join the newsletter for more content like this.

And with that being said, let’s get started!

Best Days to Trade Stocks

Monday-Wednesday

During my journey as an options trader, I’ve learned that stocks tend to be significantly less volatile on Monday, Tuesday, and Wednesday, making them the best days to trade stocks.

These are the days where you want to take more than one trade (should your edge present itself to you) with confidence.

Sizing down during these days isn’t necessary unless your risk management strategy demands it.

You never want to overtrade as a day trader, but you should know what days have less risk than others.

How about the other days?

Here’s my personal experience.

Thursdays

Thursdays tend to have moderate risk and stocks tend to gain some volatility here, but charts are typically still very much tradable.

While day trading itself presents the trader with risk in every trade, I’m merely going over which days tend to be riskier in terms of volatility in the market.

As traders, we want to trade big price action in one direction or another and refrain from getting stuck in the chop, or from getting stopped out only to see continuation in our favored direction once we exit our position.

These anomalies usually occur due to the volatility in the market.

So, how do we avoid them?

By patiently waiting for an A+ setup or not trading at all.

Remember, cash is also a position.

Friday

Fridays tend to be the most volatile trading days of the week and could even be destructive if not assessed properly.

Most novice traders end up giving all of their weekly gains back on Friday.

In my experience, traders should not trade on Fridays unless an A+ setup presents itself.

And even then, it would be wise to downsize on this particular day.

There are far more experienced traders than I who simply take Fridays off from trading and start again on Monday.

Learning how to manage your risk on these particular days is what’s going to allow you to be consistently profitable.

Below is a risk management strategy that can help you navigate the waters throughout the week.

Day Trading Risk Management Strategy

  1. Set a fixed number of contracts to trade per new trade for Monday-Wednesday, Thursday, and Friday based on your account size.
  2. Limit your number of trades for Monday-Wednesday, Thursday, and Friday.
  3. Place a rule of when to stop trading.

1. Fixed Number of Contracts

Your fixed number of contracts is going to depend on your account size.

How do you identify how much you should risk?

Everyone’s account risk is different, but I would start trading with 10% of my account and only risk 10% of that particular trade should the market turn against my trading system.

This puts your overall account risk at 1%.

Set a rule for yourself to only trade ‘X’ number of contracts per trade for Monday through Wednesday, Thursday, and then lower your size on Friday by half.

This next part of your risk management strategy goes hand in hand with the fixed number of contracts you set for yourself.

#2. Limit Your Number of Trades Per Day

This rule is extremely important when it comes to managing your risk.

You’ll want to establish a ground rule of how many trades you’re allowing yourself to take per day.

[Ex.]

Since we know Monday-Wednesday are less volatile, we can set a max of 3 trades per day, while honoring your fixed number of contracts per trade.

Because Thursday tends to have more moderate risk, we can limit ourselves to a max of two trades on that particular day.

And with Friday’s being the most volatile day of the week, we can set a rule to only make one trade on Friday, granted that our setup presents itself to us, otherwise we don’t trade that day.

This risk management strategy allows us to refrain from overtrading on riskier days, while allowing us to potentially profit largely on less volatile days.

But the goal is to have significantly larger wins than losses, so how do we tie it up altogether?

By placing a rule of when to stop trading.

#3. Place a Rule for When to Stop Trading for The Day

Placing a rule for when to stop trading for the day is going to maximize your winning potential and minimize your losing potential.

Here’s a way you can manage your risk by knowing when to stop trading for the day:

Monday-Wednesday | 3 Trades Max

If you have two wins in a row, stop trading in order to keep that capital.

A third trade has the potential to both increase your capital, but to also eliminate your wins for the day.

If you have two losses in a row, stop trading and take the ‘L’ for the day.

While a third trade could potentially minimize your losses, the probability of accumulating even greater losses is also there.

If you have one win followed by a loss or vice versa, it’s okay to take the third trade to either end your trading day with some profitability, or minimal loss.

You may decide to not enter a third trade if after your second trade you’re still profitable or are merely facing a small loss; the choice will highly depend on whether your ‘edge’ presents itself to you or not.

Thursday | 2 Trades Max, Friday | 1 Trade Max

The same rules apply for Thursday and Friday except they are already limited to 2 trades on Thursday and 1 trade on Friday.

Since the market tends to get more volatile as the week progresses, limiting how many times you trade on Thursday and Friday will help you keep more of your gains made throughout the week.

You may decide to only trade once on Thursday and not trade on Friday.

This is good risk management as well.

By limiting the number of trades you make per day and number of contracts you take per trade on Thrusday and Friday, you eliminate big risk.

Any win you have on Thursday or Friday are merely extra gains to top off your week.

And if you have any small losses, they shouldn’t affect your bigger gains from the previous days, granted that you have a proper trading system in place.

But that’s another article of its own.

The Best Indicators to Trade SPY // Lesson.

Bookmark This Page!

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The Best Dividend Stocks to Buy for Passive Income

Best Dividend Stocks to buy
Personal Finance: Best dividend stocks to buy | Stocks to buy now

Today I’m going over 8 of the best dividend stocks to buy for passive income in 2022.

These tickers have been yielding cash returns (which I’ve reinvested back) no matter whether the markets are up or down all year long.

Investing in these types of passive income trains is something Warren Buffett has done over the course of his lifetime.

And the sooner you begin investing in dividend stocks, the more you’ll thank yourself later.

Let’s get started!

franknez.com

Welcome to Franknez.com – if you haven’t joined the newsletter, be sure to do that below. I’m publishing market news and updates daily.

Let’s dive right into it!

Join the newsletter to receive weekly market news and articles like this!

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Best Dividend Stocks to Buy in 2022

Best Dividend stocks to buy 2022
List of the best dividend stocks to buy | Stocks to buy now

Dividend stock investing can yield big passive income when done right.

Dedication and patience are two key virtues to making the best out of this wealth building strategy.

Here’s a list of the best dividend stocks to buy this year:

#1. VOO (S&P 500)

Dividend Yield: 1.56%

VOO has paid $5.65 per share in the past year during the bull market but is currently paying $1.43 per share in this year’s bear market.

VOO is Vanguard’s S&P 500 ETF which tracks the top 500 performing companies in the United States.

#2. GPC (Genuine Parts Co.)

Dividend Yield: 2.40%

GPC has paid $3.42 per share but is currently paying investors during this bear market $0.90 per share.

Genuine Parts Company is an American service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials.

#3. VNQ (Real Estate REIT)

Dividend Yield: 3.53%

VNQ has paid $2.86 per share but is currently paying investors approximately $0.56 per share in today’s bear market.

VNQ is Vanguard’s real estate ETF which invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property.

#4. OMF (One Main Holdings, Inc.)

Dividend Yield: 7.96%

OMF currently pays investors $0.95 per share but has paid them as much as $6.80 per share during the bull market.

OneMain Holdings, Inc. is an American financial services holding company that provides loan products, offers credit cards, and other personal loans.

#5. T (AT&T)

AT&T

Dividend Yield: 9.71%

AT&T is currently paying shareholders $0.28 per share but has paid investors $1.60 in the past.

AT&T Inc. is an American multinational telecommunications holding company offering internet and cellular services.

#6. NRZ (Real Estate REIT)

Dividend Yield: 9.85%

NRZ stock is currently paying investors $0.25 per share but has paid $1 per share before.

New Residential is a publicly traded mortgage real estate investment trust with a diversified portfolio and a strong track record of performance.

#7. EMR (Emerson Electric Co.)

Dividend Yield: 2.45%

EMR pays shareholders $0.51 per share but has paid investors $2.05 per share prior to today’s bear market.

Emerson Electric Co. is an American multinational corporation headquartered in Ferguson, Missouri.

The Fortune 500 company manufactures products and provides engineering services for industrial, commercial, and consumer markets.

#8. ESGV (ETF)

Dividend Yield: 1.26%

ESGV currently pays shareholders $0.20 but has paid investors $0.88 per share in the past.

ESGV tracks the performance of large-, mid-, and small-capitalization stocks.

The ETF specifically excludes stocks of certain companies related to the following: adult entertainment, alcohol, tobacco, cannabis, gambling, chemical and biological weapons, cluster munitions, anti-personnel landmines, nuclear weapons, conventional military weapons, civilian firearms, nuclear power, and coal, oil, or gas.

Send this list to someone you know!

Share this list of the best dividend stocks to buy right now with someone you know who is invested in the market.

I personally hold these stocks in my stock portfolio and figured I’d share with my readers which dividend stocks I recommend checking out.

I’d love to hear your thoughts on this list – do you hold any?

Leave a comment down below.

Here’s how you make money trading the stock market.

You can follow me on: Twitter | Facebook | Instagram

Related: How to Invest in The Stock Market for Beginners

Long-Term Investing vs Short Squeeze Plays vs Day Trading

Long-Term Investing vs Short Squeeze Plays vs Day Trading
Wealth Building: Differences between Long-Term Investing, Short Squeeze Plays, and Day Trading

Today’s article is going to be extremely educational; I’m going over the biggest differences between long-term investing, short squeeze plays, and day trading.

In this article you’re going to discover what makes each one more susceptible than the other to market manipulation and overall risk.

When you’re looking to build wealth in the market, it is important to identify the major differences between the three.

Be sure to bookmark this page so you can come back to it in the future for a mental refresh.

Let’s get started!

franknez.com

Welcome to Franknez.com – join my newsletter to receive more content just like this straight to your inbox.

I’ve helped people learn how to invest in stocks, crypto, and how to day trade options as well.

My goal is to help you take your finances to the next level. Be sure to browse the blog for market news, wealth building tips, and other valuable content.

Let’s dive right into it!

#1. Long-Term investing

Long-term investing is the #1 traditional way to build wealth over a long period of time.

Investors looking to build wealth this way tend to invest in high dividend yielding stocks such as the S&P 500.

Here, an investor’s portfolio compounds over time as dividends are rolled over or reinvested back into the asset – further purchasing more stock on its own.

During the years of retirement, investors may decide to stop reinvesting the dividend and accept the dividend as cash instead.

This is how a dividend stock portfolio may yield investors with big passive income in the form of cashflow many years later.

Many of these stocks are not heavy victims to market manipulation due to the security and minimalistic risk there is to invest in these funds.

Read: The Best Dividend Stocks to Buy for Passive Income

#2. Short Squeeze plays

Short squeeze plays have a high risk/high reward ratio that has attracted many new investors into the market.

When a stock is being heavily shorted, the short interest percentage of the stocks float tends to rise.

This means that with enough buying pressure, investors may increase the probability of squeezing short sellers from their positions.

We saw this occur when AMC ran from $2 per share to $72 per share and when GameStop skyrocketed into the hundred-dollar levels.

While both these two stocks are still heavily shorted, these are just two examples of short squeeze plays where investors could have taken advantage of an opportunity to make big bucks.

Short squeeze plays are more susceptible to market manipulation since market makers tend to have a lot of control of retail investor’s orders.

They may drive share prices down by overleveraging their already bias positions, which means a lot of momentum is required for a short squeeze play to be successful.

Short squeeze plays are a form of swing trades that may last weeks to months of holding a stock before trading it for profit.

This type of investment strategy may be viewed as mid-term investing to cash in big on a rather unique opportunity.

#3. Day Trading

Day trading uses leverage as a multiplier to trade stocks in a short-term timeframe.

What makes this investment strategy attractive to most investors are the possibilities to earn massive gains in such a short period of time.

Traders are earning money whether the market is up or down through ‘put and call options contracts’.

Unlike long-term investing or short squeeze plays that have a buy and hold approach, day trading is a skill that requires focus, discipline, and a deep understanding about the psychology of trading.

Day traders can earn hundreds to thousands and even tens of thousands of dollars on a daily basis (you can view my gains here).

While day trading is mainly a form of income, traders may still allocate earnings towards long-term investments to further build their wealth.

Here’s how you make money trading the S&P 500.
Read: How to Trade Options in The Market with a 9-5

Which investment strategy is best for you?

As investors, we need to identify the best way to take advantage of the tool that is the stock market.

Long-term investors should focus on increasing their income to flood their portfolios with compounding effects.

Short squeeze traders should draw out a macro vision board to determine which path to take after short squeeze profits are secured.

Day traders would be wise to invest a portion of their income towards dividend paying assets or physical assets (such as property or a business) that will produce cashflow.

Building wealth is about having your money work for you so that you can have the time freedom to do what you love most.

If you enjoyed this article, please share it on your favorite social media platform!

I’m curious to know your thoughts, leave a comment down below.

You Can Follow Me On: Twitter | Facebook | Instagram

Read: How to Invest in the Stock Market for Beginners

Here’s How to Play to Get Rich: Stay Diversified

How to get rich - how to build wealth
How to get rich – how to build wealth

If you’re on this blog, there’s no doubt you want to get rich.

Money provides us with options and a lot of money provides us with a lot more options.

If you study wealthy people, none of them got rich quick; it took many years of planning and strategizing.

But one thing wealthy people have in common is that the majority are diversified.

In this article I’m going to break down strategies wealthy people use to get and stay rich.

Welcome to Franknez.com – today, I want to talk about money and getting rich. I know many of you will gain loads of value from this article.

Let’s dive right into it!

Join the newsletter if you’d like to receive more content like this. Be sure to leave a comment at the end of the article letting me know what you got out from this article.

Financial literacy is the foundation

It’s true.

If you don’t yet know how to manage $1,000 then you won’t know how to manage $10,000 or $100,000; let alone $1M.

Financial literacy provides us with the proper foundation we need when learning how to manage money.

You don’t need to earn a lot of money to become financially literate.

You just need to understand what money is and how to let it go.

Many of us were taught to save money and hold on to it for our dear lives.

But money is meant to circulate.

The Latin meaning of currency means to flow, or ‘condition of flowing’.

Just don’t get this confused with spending because understanding the differences will be key to building wealth and getting rich.

Differences between spending money and utilizing money

You spend money on fuel, utilities, the rent or mortage.

You might occasionally spend money on a night out or if you’re treating yourself, on a new pair of Nike’s.

The rich keep their expenses low (in the beginning) and watch their spending.

They build very disciplined spending habits to allow them to utilize that money instead.

So, what are some examples of utilizing money?

The rich utilize their money by creating, buying, or leveraging assets that will produce income.

While you don’t need to earn a lot of money to understand how to manage it, building wealth will require you to find creative ways to substantially increase your income.

This means the rich must either provide some sort of value to society through a business or buy large enough assets that will accommodate to their goals.

When building wealth, money must be used to make more money.

I’m going to break down below the various ways the rich are making this happen for themselves and their families.

Different ways to get rich

There are currently more than 21.9 million millionaires in the U.S and1,700 Americans are joining the list every day.

There are a variety of ways the rich have gotten rich.

But these four have stood out the most in terms of building wealth over the long run and have been the most popular ways to getting rich.

Whether one speaks to you amongst the others, it’s important to note that self-made millionaire’s have created multiple streams of income and do not rely solely on just once source.

Many earn money from all four.

Let’s break them down together.

#1. Start a business

Business owners are the backbone of America.

There are currently more than 31.7 million small businesses in the U.S.

Business owners have the potential to earn an unlimited amount of money which is why starting a business is #1 on this list.

Being a business owner is challenging but it has its perks.

Not only do you get to use your creativity to solve problems for others, but you get to build something incredible from the ground up.

Businesses also provide you with a freedom a 9-5 will never provide.

Maybe you decide to start a business but want to get rich from rental properties.

And that’s 100% okay too.

#2. Get into real estate

Real Estate

Real estate is another big one on this list.

90% of the world’s millionaire’s created wealth through real estate according to studies.

There are really two main paths when it comes to real estate.

You either become a realtor or you invest in rental properties that will yield passive income while you build a real estate portfolio.

One is more of a sales career while the other invests in properties.

If you’re interested in a real estate career, you’ll want to eventually think about selling high ticket properties where the commissions are very high.

Otherwise, using the banks money to buy property and rent it will allow you to add rental property to your portfolio while the equity in your property increases.

The property will be paying for itself, making some profit depending on how much you rent the property for, or earning thousands per month in rental income if purchased with cash.

You may always refinance the property to put money down on a second property and keep building your portfolio.

#3. Invest in stocks

A million new millionaires were created in the stock market in 2021 alone according to CNBC.

This is going to be one of the slowest ways to build wealth.

However, a quicker way to speed up your stock investments is to sell high and wait to re-enter the market when stocks are low.

Depending on your investment strategy, you might opt in for dividend stock investing and just let your money accumulate long-term.

Traditional banks don’t yield any interest, and high yield savings account aren’t much better today.

Putting your money in an index fund such as the S&P 500 (SPY stock or VOO) may yield 8%-10% a year.

That’s an $8,000-$10,000 return on a $100,000 investment.

Your investment will compound over time as you continuously reinvest your dividends back into the index fund.

Billionaire and real estate mogul Manny Koshbin built his real estate empire after cashing in $300,000 from a stock market investment.

He took his investment from the stock market and purchased his very first rental property.

And the rest is history.

Have a strategy and keep multiplying your money.

Read: How to Invest in The Stock Market for Beginners

#4. Provide value to the masses

This strategy to building wealth was limited prior to the internet.

Authors and booksellers sold a product to the masses and made millions in doing so.

Today we’re seeing YouTubers and popular websites provide value to the masses through entertainment and educational content.

Musicians and artists are also building wealth by reaching big audiences.

Well-known artists who’ve made a lot of money in the game also start businesses and invest in rental properties to grow their wealth.

The way to get rich and grow your wealth is to make money and multiply it by reinvesting gains and income in other assets that will yield more income.

Money has to be in motion at all times.

Building wealth takes time

Most millionaires became millionaires between the ages of 45 and 60 years old.

Sometimes people get in on a once in a lifetime investment play that takes off and makes people rich quick.

For some people it was Bitcoin that made them rich quick, or Ethereum, DOGE, SHIB, you name it.

This is why it’s important to stay diversified and plant your fishing lines in a variety of pools that will allow you to create wealth.

I would love to hear about which of these income streams most speaks to you.

Leave a comment below.

You can follow me on: Twitter | Facebook | LinkedIn

Read: 5 Easy Ways You Can Earn Leverage Income: Start Now


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