Retail investors are extremely excited with the data that’s about to drive an AMC short squeeze. AMC Entertainment has the perfect setup to squeeze shorts out of their positions right now. Apes, did you know that about 70% of lottery winners lose it all? My work today is to provide you with investing tips so you can avoid this mistake and keep all of your money. I don’t just want you to keep it however, I want to show you how you can multiply it too. Here are 5 success tips to multiply your profits when AMC moons.
Welcome to Franknez.com – the blog where you can digest content on personal finance, side hustle ideas, entrepreneurship, and trending investing topics.
Disclaimer: This article is going to focus on the financial aspects of money, not on the noble and charitable opportunities that can come out of immense winnings. I’m 100% pro giving and helping causes in need of access. This article is going to cover ways to multiply your profits so that you may continue to give back to your community and other noble causes.
Lets get started!
A lot of you are going to make a lot of money. I mean a ton of freaking money. I’m talking about stupid money. Money that gives you a rush to your chest and doesn’t let you sleep at night.
It’s no coincidence you’re here right now. You’re about to participate in the biggest transfer of wealth in all of history. The fact you’re here right now by your own will is because you’re responsible and want to learn how to not only maintain your profits but how to multiply your profits. I’ve grown my net worth using four of these strategies. #3 I have yet to do. Lets begin with the first strategy of reinvesting your profits back into the stock market.
#1. Continue investing in stocks
If you’re a beginner and AMC is your first stock then I recommend you do some stock picking and start investing in your favorite companies. These should be companies you believe in.
Although most retail investors are going to be trading AMC stock during its squeeze, you might want to consider investing in it long-term. Especially if AMC begins to offer their shareholders a dividend.
What is a dividend?
A dividend is a payout that shareholders receive as a bonus from a company’s profits. Companies usually offer a dividend as an incentive to its shareholders for investing in the company.
I’ve personally reached out to Adam Aron inquiring if this is something shareholders will be experiencing in the near future. And although he hasn’t responded, I would personally invest in AMC long-term if we were provided with long-term benefits.
Why invest in stocks?
Stocks are generally a long-term strategy for creating wealth. You can take a portion of your AMC earnings and buy stocks, REITS, and index funds of all sorts!
Successful stock investing will require you to diversify your portfolio. By diversifying your portfolio you can ensure that your investments are balanced when a specific stock is having a bad day or a bad week.
How do I know which stocks to pick?
We can’t all be Warren Buffett’s but stock picking takes practice. I found that through research and careful consideration, the performance of a stock says it all.
While most of the market has been red with the exception of ‘meme stocks’, 90%-95% of my stocks were green. That’s because the stocks I’ve picked are stocks that are essential and will never go away.
I share my private top winning stocks exclusively on my Patreon. I recently started this membership to provide my readers with even more valuable information you can’t find in any of my other platforms.
#2. High-yield savings or money market account
Community, moving money into a high-yield savings or money market account can be a great way to let your emergency fund earn you a little bit of interest.
These type of banking accounts are usually FDIC insured up to $250,000 and are a better alternative to your traditional savings account.
Can I still pull money out of it?
Absolutely. I personally use BMO Harris and the transfer time is approximately 3 business days via ACH transfer. BMO Harris had a nice 2.05% APY when I first signed up a year ago but has since dropped much lower.
So, although I will be using a different money market account soon, you can find a list of the best accounts here for the year of 2021.
Benefits of a high-yield savings account
- Higher APY rates than a traditional bank
- Completely passive
- FDIC insured up to $250,000
- Perfect for your ‘do not touch’ emergency fund
Each bank will have similar APY percentage. These are usually higher when the economy is booming, and lower when the economy has contracted.
#3. Invest in real estate
What real estate does for you is it provides you with passive income that can fund your other investments and lifestyle.
Apes, some of you are going to have the cash to buy homes upfront. You can use your tendies to purchase a piece of property and Airbnb it. Travelers can pay you money for renting your property per night.
What I personally find fascinating about real estate is that you can do so much with it. You can buy a single-family home and rent each room out if it’s near a college or university.
Some people are even renting space on their property for storage. They essentially charge a fee for allowing others to store their personal belongings where they can be safe and secure. Those who don’t have the property space themselves can benefit from you who does.
When you put your money in AMC all you did was put your money to work. Diversify the way your money works for you by investing it in other assets that can yield passive income and high returns.Frank Nez
Benefits of investing in real estate
- Thousands per month in passive income
- Equity accumulation in property over time
- Low maintenance if hosting
- Freedom to modify and increase a properties value
Retail investors can use their profits to create passive income and sustain cashflow using their property.
#4. Start that business you’ve been wanting to start
My fellow community – some of you cannot wait to quit your 9-5 and simply become your own boss.
Your perspective changes when you no longer work for the man because you are the man, or woman 😉
Investing a portion of your AMC profits into a project you’ve always wanted to start will not only potentially multiply your money, but it will provide you with a freedom like no other. I tell you this because I’ve done it and I know you can do it too.
I turned my side hustle into a 5-figure business before leaving my 9-5 for good. Fortunately I had money saved up to cover the costs of my startup. This is a great way for apes who made a good lump sum of money off of only a few shares to make the most of their profits from AMC.
Here are the benefits to starting your own business
- Total freedom and control of your life
- You have the opportunity to provide value in the marketplace and get rewarded substantially for it
- Allows you to attain new skills which will result in more money-earning opportunities down the road
Needless to say, if you have always wanted to take the first steps into entrepreneurship then I would encourage you to believe in yourself because I believe in you.
#5. Invest your money in yourself
Gorilla gang, the last success tip on how to invest your AMC profits is to invest some of your gains in yourself.
What do I mean by this? There are several ways you can invest in your personal health and personal development.
If you’ve been needing to take care of that health problem or can finally afford that new set of pearly whites, whatever it is; take the leap. Use your new means to invest in yourself so you can become the best version of yourself.
Perhaps your dream is to become a specialist in a field. Invest in your education and make your dreams come true. When you begin to invest in your knowledge and in your self worth, the value you provide to the world multiplies ten times over. You can invest your money in any course of your choosing that will allow you to excel in our society without the financial hurdles.
Ladies and gentlemen, thank you for being here today. The purpose of this article is to provide you with a perspective on how can use your earnings to multiply your AMC profits when it moons 🚀. If you gained any value from this post please leave me a comment below so I know who I helped today. I want to know where you’re coming from. Are you coming from the Discord, Twitter, Facebook? Let me know down below!
–>A personal invitation to our safe and growing Discord community here.
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