A meme stock is a heavily shorted stock discovered by retail investors, usually on forums such as Reddit or other sub communities.
Retail investors will then hype these so called ‘meme stocks’ and immensely increase the buying pressure of a particular stock to drive the share price up.
How Long Does It Take For A Meme Stock To Go Up?
We’ve seen that these stocks may take a month to several months to see some serious upswings in the market. Retail investors pump the price by buying the dips and holding the stock until their mission is a success.
While not all meme stocks are pump and dumps, the concept is to pump a stock and hold it to further elevate the floor.
The end goal is to squeeze shorts from their positions to drive the stock price ‘to the moon’. Here’s the most current list of meme stocks seen in the community.
#1. GameStop, GME Stock
Number one on my list is GameStop. GameStop notoriously put many short sellers and hedge funds under stress, starting this incredible retail movement.
GME stock began squeezing just below $500 per share before Robinhood halted buying pressure from retail investors, ultimately limiting its growth potential back in January.
This meme stock is currently up more than 1000% year-to-date. Retail investors continue to hold the stock in order to squeeze the remaining shorts from their positions.
And by far the most popular meme stock at the moment, AMC Entertainment stock. Retail investors who missed getting in early on GME stock saw AMC stock was heavily shorted and decided to bulk up on this meme stock.
The stock sharply rose up to $20 per share in late January before ultimately coming back down to $5 per share. After several months of ‘apes’ buying and holding the stock, AMC Entertainment stock rose to $72 per share and found a new bottom around $32 per share.
The meme stock has been trading in the low $50 range and is currently set up for a short squeeze.
Before its merger with the blockchain compamy Greenidge, SPRT stock had reached a high of $35 per share before ultimately plummeting back to $11. It has now merged with Greenidge and its ticker symbol is now GREE.
This meme stock perhaps lost its status as it still had potential to squeeze higher prior to the merge. However, this stock still caused quite a disruption for short sellers shorting the stock.
This stock has now become a long-term stock depending on your conviction towards blockchain technology.
GME has been in the high $100s but has now reached $200 again. AMC finally broke its floor of $30 per share and is trading in the low $50s again. The other meme stocks show an increase of short interest data which means they still have room for growth.
Want To Stay Updated On These Momentum Plays?
If you’re thinking about investing in one of these momentum stocks, be sure to do your due diligence first before putting some serious cash first.
Once you have the data at hand, make an honest assessment for yourself and decide whether it is the right financial decision for you to make.
The AMC community has proven to be one of the most open, accepting, and positive communities so I definitely recommend checking it out even if it’s to see what the discussions are about.
Luckily, I update the community with trending stocks and keep an eye out on the data so you’re up-to-date on the next stocks to buy before they blow up. My readers who found out about AMC early this year are now up tens to hundreds of thousands of dollars!
Consider subscribing to the newsletter for more content like this, straight to your inbox! Do you have a position in any of these meme stocks? Or as I like to refer as momentum stocks. Let me know in the comment section below.
You can connect with me everywhere you go by following me on:
Carvana is currently the fastest growing used car dealer in the United States. And for good reason too, but more on that later. Carvana Stock, ticker symbol CVNA is up almost 50% this year-to-date.
The stock has had an incredible runup since its inception back in 2017 when it was only worth $11. The stock is up more than 3000% in only 4 years. That averages to an astonishing 750% yearly return! Will Carvana stock keep going up? Or is it overvalued now?
Welcome to Franknez.com – today I want to go over stats, charts, and predictions on Carvana stock. Why? The company might just have some more room for growth.
Lets get started!
I came across Carvana stock when I was actually looking up the previous BMW M4 model online. I was curious to see how they were doing in the market and that’s when I stumbled across Carvana.com.
It wasn’t until after my experience on the website that I decided to look at the Carvana stock price. I looked at the 1 month, 6 month, and YTD chart and wasn’t surprised.
There’s a lot I want to go over so grab a drink or a snack and hang out with me for a minute.
Why Is Carvana Stock Going Up?
Carvana has had a great earnings report both Q1 and Q2 of this year, 2021. The company beat Q4 of 2020 by 31.72% in earnings per share, and Q2 beat Q1 this year of 2021 by a whopping 165.21% in earnings per share.
The company is doing a great job at earning revenue and keeping a positive cash flow. Carvana earned $3.34 billion dollars in revenue this Q2 which is a 198.39% increase from Q1 when it earned $2.24 billion in revenue.
Carvana’s current net income this second quarter was a whopping $22 million compared to being negative last quarter. Carvana is seeing some positive cash flow now and for this reason is why Carvana stock is rising.
Because Carvana is both a traditional business and eCommerce platform, we can expect more of the tech side to be automated in the near future.
Starting up the tech side costs money, which is why we are seeing the company finally begin to reach higher earnings. The eCommerce side of the business is now performing as it should, attracting more and more buyers to the user experience.
How Does Carvana Work?
See, at Carvana you don’t have to leave your home to purchase a vehicle. Carvana has done an amazing job at configurating every vehicle at their dealer for an online shopping experience.
What makes Carvana so unique is that no other dealer is doing this. Carvana buys vehicles and stores them at their locations. They then create an online model of the exact vehicle with 360′ degree enhancement that you can toggle right from your phone or laptop.
The images are high quality and you get to look at the exact vehicle you’re looking to buy. They even display bullet points wherever the car has minor damage (if it has any) and provides you with an image of the discrepancy (as shown below).
What’s amazing though is the user experience. You also have the availability to view the interior of the vehicle and access the key feature information from within.
When you decide you’re going to buy a car with Carvana, they deliver your vehicle directly to your home. It’s this convenience in the marketplace that sells and why it makes Carvana an attractive choice to buy a vehicle from.
Carvana stock certainly has room for growth. The company is still relatively new and as innovation and practicality grows, so will the company earnings and share price with it.
If we look at Carvana’s stock chart trend then we can see that it’s had a steady growth for the past 4 years in a row.
Even as companies shut down during the start of the pandemic in 2020, the company kept growing. It’s these type of companies that have innovation and an online platform that will be the future of America.
Just like Fiverr stock, the online sector is where scalability is massive. I believe Fiverr could be the Amazon for freelancers. This online marketplace is dominating its space by offering freelancers all around the world a place to sell their services from home.
Carvana’s eCommerce platform can allow people around the globe to purchase vehicles directly from them rather than going into a local dealership or specific dealership.
The potential is certainly massive in my opinion.
How High Will The Stock Go?
Carvana stock could be a great long term stock to hold. The company is still new with lots of room for growth. They are definitely changing the way we buy cars today. Like any eCommerce or tech company, Carvana stock has the potential to reach the high hundred mark to even 4-figures per share.
The company will have to continue to innovate and dominate in order to accomplish this. My Carvana stock prediction is that the price action will skyrocket throughout this decade.
There’s an online business boom that’s going to take place very soon as more and more companies begin to evolve. Whether it’s a hybrid online business model like Carvana, or a full online business like Fiverr, there is no limit to scalability online.
Carvana’s competitors include both CarGurus and CarMax. Both of these companies sell vehicles but don’t utilize an innovative eCommerce platform such as Carvana does for it’s users.
Unlike Carvana or CarMax, CarGuru doesn’t have its own dealerships. CarGuru sells cars from other dealerships and gets a cut from prospects who contact the dealers straight from CarGuru’s website.
CarMax is a more direct competitor to Carvana, though it doesn’t use the tech Carvana does. Instead, it has a more traditional car dealer business model.
Carvana is in the lead and I believe the company will continue to further innovate down the road.
“The more awareness that’s being built, I think the more understanding and eventually adoption and acceptance of buying a car online,” he says. “Certainly when you look back 10 years ago, to where it’s gotten now, it’s been crazy the growth that’s happening there.” Words from Ryan Keeton, via InsideHook.
More People Want Online Services
According to a survey conducted by Root & Associates, 53% of U.S consumers would be either extremely or very likely to purchase a vehicle entirely online. 59% said they prefer to conduct business on a website provided that they’re able to test drive the vehicle before purchasing it.
86 percent of those surveyed by Root & Associates said that they’d choose to do business with dealerships that offered online sales rather than those that didn’t, via. The Washington Post.
Roots & Associates says that only 35% of dealers are interested in selling vehicles via their website. That’s incredible. It’s for this sole reason that Carvana has more market share online and are leaders in this sector.
Most car dealers aren’t even willing to take this route. They fail to understand that online business models are the future. It’s incredible to think just how far Carvana can scale their services.
Could they possibly one day sell more Toyotas nationwide than Toyota dealerships? We’re just going to have to find out now aren’t we.
Does Carvana Pay Dividends?
Carvana does not currently pay dividends to its shareholders. This is rather common for a brand new company with only a few years being public.
Offering dividends is something companies can incentivize to their investors as the company continues to grow and yield promising returns.
Right now, Carvana is in the growth process. Dividends could be an incentive for perhaps another year down the road as the car company continues to scale.
So, Is Carvana Stock A Buy?
Carvana stock is certainly a buy if you have a strong conviction towards the online business sectors and marketplaces. Online business models are scaling businesses quickly and shooting up their stock price as well.
The stock market has currently been volatile so I would personally wait for the markets to dip. If you’re able to catch Carvana stock while the market is on fire, I would buy the stock on discount.
Stock market crashes are indeed the best times to bulk up on your favorite stocks at a discount.
How To Buy Carvana Stock
If you’re not invested in the stock market yet, first you’ll need to open a brokerage account using Vanguard or Fidelity for example, which are free to use by the way. Once you create your account you’ll be able to fund it and buy stock.
A tough question most won’t answer. I care about my readers though, and I’m always going to be 100 with you. A lot of you are up a lot of money in AMC stock. New retail investors will have their big break very soon.
However, if retail investors are to experience a short squeeze they’ll have to hold. When does it make sense to pull out your initial investment in AMC? And, is it worth it?
Welcome to Franknez.com – today I want to discuss with the community something that might have crossed your mind before.
Lets get started!
AMC stock is up more than 1500% year-to-date. Retail investors who got in on the stock as of early this year are up significant gains. AMC Entertainment was up 3000% back in June. Most of us had never seen that much money in our lives.
New retail investors got in during these highs before short sellers doubled down their positions and shorted the stock back down. Yes some people sold but only a very small fraction of them.
AMC Finds A New Bottom
AMC stock has found a new solid bottom in the $33 range. This means the stock is set up for higher highs than its previous climb where $5 was the bottom.
Remember how we held AMC stock at $5 for quite some time before making its way up to $14? I strongly believe this is what we’re looking at right now with this new bottom.
AMC stock climbed to $20 before coming back down to $5. It climbed past $70 and has found a higher level of resistance around $30. The crazy thing is short sellers have yet to cover their positions!
They had the opportunity at $5, they have it $30, and they’ll have it well above the hundred(s) dollar range. So, if you’re a new retail investor who is negative on paper, I personally wouldn’t worry. The stock and the community aren’t going anywhere.
Not even after we squeeze shorts out of their positions.
Short Interest Keeps Increasing
AMC’s current short interest is around 19%, utilization is at 92.56%, and the shares on loan are at a whopping 111.67 million (via. Ortex)!
There are currently 550,000 shares available to borrow via. Fintel and we’re seeing the short borrow fee is going up again meaning short sellers are losing more money than they were last month.
AMC Entertainment continues to be the #1 play in the stock market. AMC’s beta is close to negative 4 meaning when the stock market crashes, AMC along with GME will do the complete opposite. They’ll shoot up.
Negative beta is rare and we know this play is rare. We’re not f#%!* leaving!
Should I Take My Initial Investment Out In AMC?
There are a few factors that play into this strategy. Here are some questions you need to ask yourself first.
Do I need the money? (Emergency, family, etc.)
Can I leverage this money? (Reinvest for more stock, other plays, etc.)
Have I made enough to where it will not affect my position?
You Should Not Be Suffering
Does your family need the money this very moment? If so, then take care of your family’s needs first. If you don’t end up using the entirety of that initial investment then you can always average down by buying the stock at the current asking price.
Leveraging Your Money
This is going to be harder now since AMC has found a new bottom. This would make sense if you sold stock high to buying more low. If you did this then you now have more shares then when you first began this journey.
Here’s why this doesn’t bother me.
You’re learning the market, you strategized and are now in a better position than you were.
You BOUGHT MORE.
Money is a tool and you leveraged it to multiply your shares. You wouldn’t have done this if you don’t plan on continuing to diamond hand this trade until shorts are squeezed out of their positions.
To the very few who were able to strategize this, kudos to you.
Does It Even Make Sense At This Point?
Those of you who are up significant amount of money, does it even make sense to pull out your initial investment?
In my personal opinion, I don’t think so. This new floor is allowing us to add to our position, not to take away from it. It made sense to do this up at $70 per share but it doesn’t anymore.
Selling stock, or claiming your initial investment now could tarnish this new and beautiful level of resistance. Now is the perfect time to add.
How About As The Stock Goes Up?
As the stock goes up, we’re going to want to let it ride up naturally like it did last time. Selling as the stock goes up is going to affect the momentum, we wouldn’t want to do that.
Instead, we can look at the pattern and see whether the stock reaches a pinnacle before ultimately finding a higher level of resistance again like we saw from $5 to $30.
And again, this is only if you would really need some form of cash at hand for your family during this point, or whether you plan on buying more shares, provided that the stock goes down.
In this narrative, shorts would have not covered their positions either. Once shorts cover their positions it’s a whole other ballgame. This is where you want to hold the stock and not try to sell some to buy more because ultimately you wouldn’t be able to buy more as the stock surges.
Don’t Scalp AMC Stock
If you must take your initial in AMC out do not scalp it. Instead, let your gains do all the work with peace of mind that a short squeeze is inevitable.
Scalping AMC is like shorting AMC. Taking profits during spikes for short term gains aren’t going to play in your favor, especially if you’re in it for a short squeeze.
AMC Entertainment stock is up almost 1500% year-to-date and it seems to have found a new floor around $30. Retail investors are wondering what in the world is going on with AMC. Wasn’t it supposed to keep going up?
This is actually good news apes. The first time AMC stock rose to $20, it found a new floor at $5 per share. We then saw the stock reach as high as $70 per share with purchasing volume momentum. The bottom multiplied by 14 times!
Think about what this means for AMC now that it’s reached a new floor. This new floor of $30 per share is 6 times that of the previous floor. So what if we multiple the new bottom by 14? That’s $420 per share.
Welcome to Franknez.com – today I want to talk about what’s going on with AMC stock, why has it been trading downwards, and when will it start moving up again.
Lets get started!
Although short sellers managed to drive AMC Entertainment stock a little below $30 today, price is only psychological and I’m going to explain why.
How Do Shorts Keep Driving Price Down?
Dark pool percentage has been extremely high recently. Although trading behind closed doors is driving AMC’s price down, this can actually be seen as somewhat good news.
Why? Because hedge funds are running out of options and are being backed into a corner. See, it’s all psychological warfare now. It’s about coming up with strategies to get the retail investor to sell his or her position.
Because when you sell, you lose; especially if you cut your losses. This could explain why the short borrow fee has been so low for months now. It’s possible naked shorting occurring in dark pools is causing. Look at this dark pool percentage, via. STONK-O-TRACKER.
Dark Pool Trading
64% of short selling has been through dark pools. This is how hedge funds have been able to drive AMC’s share price synthetically. The price we’re currently seeing with AMC is the byproduct of market manipulation.
Regulations are being put into place but we must take these with a grain of salt. They are either bullish or neutral. It’s important to keep making noise and getting the attention of the media.
AMC’s stock price is psychological. Short sellers are facing massive scrutiny from government parties. Our government does not want to baby sit these hedge funds anymore. We must give law-makers the benefit of the doubt and maintain a positive mindset towards change because it starts with us as a community first.
Downward trends heavily influence volume. Apes understand that buying the dips is how short selling is countered. However, most new retail investors aren’t apes; they’re simply new retail investors.
There’s no doubt in my mind there are some new retail investors who cut their losses. I know apes have not – we did not come this far as a community to give up.
Institutions Buying AMC In August
I understand a few of you want things to happen now, it’s only human. However, apes aren’t worried because:
Shorts have not covered yet
AMC continues to be the #1 shorted play in the stock market
And 3, institutions continue to take advantage of this dip
Vanguard is also a trading broker that has never halted or restricted buying of any ‘momentum stock’. The top AMC institutional investors want to make money. If they’re data wasn’t telling them AMC is primed for a short squeeze then why would they be buying the stock after all these months?
Patience is a virtue, community. AMC’s current share price is psychological. If you’re a new retail investor that’s on the brink of selling, well; it would suck if you sold right before this squoze right? Ouch.
No Amount Of Shorting Can Bankrupt AMC Entertainment
This is important to remember, AMC has cash now. No matter how low short sellers make the stock to appear, your moon tickets are still worth what your conviction towards the stock tells you they’re worth.
What if someone actually knew when AMC would squeeze? What if they told you it would squeeze later this month or by the end of this year? Would it make holding easier?
I’m sure that released a small dose of dopamine didn’t it? See, we’re scared of the unknown. We want to know. In our situation, we have to rely on our conviction towards the stock and its data.
If you build a strong conviction towards the stock and the data holding becomes so much easier. I don’t know when AMC will squeeze but I do know the data says there’s a massive probability of it happening. And I am excited for the future. Because ultimately this worry and anxiety you’re experiencing as the stock price is going down won’t matter.
And you my friend would have built a stronger character during your transition to that new chapter.
Support the community by sharing this article
Lets be honest, we all have to hear it. When I’m feeling low I borrow strength from my Discord community or through community leaders producing content and DD on AMC topic. We all feel it from time to time.
So, if this article gave you a little bit of strength, help guide another ape.
I stumbled across AMC back in late January of 2021. I heard of the large gains that people were making on GameStop, and had heard that AMC was next. Since I’m a human being who needs more money in my life, I took some savings and extra cash and bought a handful of shares.
Little did I know that I would begin a journey down a rabbit hole that, to this day, amazes, frustrates and excites me.
I’m no professional investor. I don’t have “Financial Advisor” on my LinkedIn profile. I’m actually pretty terrible with money. But, I love making money and I love going to the movies.
So, throwing a few dollars toward something I love in hopes that it makes more, seems like a sure thing. But, I’ve discovered in these past few months of buying and HODLing, that sometimes sure things take patience and knowledge.
So, what have I learned in the past few months? Maybe you’re a first-timer like me. Perhaps a buddy convinced you to buy a few stocks because he dangled an #AMC500K carrot in front of you. But, you’re still confused. I get it. It’s confusing.
Let me highlight the bright points of the past few months and catch you up to speed.
It starts with SHORT SELLING.
Short selling is the practice of borrowing a stock from someone and selling it at market value. You then drive the price down through media attacks on the company, or FUD – Fear, Uncertainty and Doubt. Once the price is sufficiently driven down (or the company is bankrupt), you buy the share from the market at the reduced price and return the share you borrowed.
Your profit is the difference between what you sold it at and the price you paid to return the borrowed share. In the case of a bankrupt company, the shares are voided, you don’t have to return anything, and you keep the straight profit.
AMC was the target of these institutions. These institutional investors are called Hedge Funds.
It continues with MARKET MANIPULATION.
What tactics do institutions use to drive the price down? There are many. They can spread bad news about the company through the media outlets. They trade borrowed shares back and forth between other institutions to delay paying back the shares in a timely fashion (borrowing shares does cost them – they do pay interest on those loans, however.)
They can create synthetic shares – fake shares that are introduced into the market on the promise that real ones will be found at a later date eventually.
These fake shares can then flood the market to increase supply and drive the price down. Supply and demand are the name of the game. The more shares there are to buy, the less the price is. The fewer shares there are, the higher the price goes. This is how the market works.
Another method of manipulation that has been recently discovered is trading through dark pools. This ominous-sounding system was actually created, innocently enough, so that large firms could buy and sell massive amounts of shares without dramatically affecting the market and thus, dramatically affecting the price of the stock.
Hedge Funds have been using these dark pool trading systems nefariously to drive the price down. They buy the stocks in the dark pool (unaffecting the market) and then sell the shares in the regular market, driving the price down through increasing supply of the stock.
Enter the APES.
Apes are the term used to describe the retail investors who are trying to stop hedge funds from shorting AMC stocks and destroying the company.
For a description of the various terms used by the Ape community, check out Christie Smythe’s article, The r/WallStreetBets Glossary. These retail investors are attempting to “squeeze” the price of AMC stock and save the company from bankruptcy.
What is a “Squeeze”?
Remember earlier we spoke of how the hedge funds are borrowing shares, selling them, then purchasing them at a lower price through manipulation? Well, the strategy of the APE Nation is to buy all available shares of the company and hold on to them.
When the hedge funds do have to finally return the shares they borrowed, the only shares available would be the ones owned by retail investors. If the Apes are unwilling to sell their shares back into the market, it dries of the supply of shares and forces the price of the stock higher and higher – thus “squeezing” the price of the share.
Because no stock has ever been shorted as much as AMC in the history of the market, no one really knows how many shares are actually in the market or how high the price will go. The longer the retail investors hold onto their stocks, the more the price increases, causing what is known as MOASS – the Mother Of All Short Squeezes.
No one knows when the squeeze will happen. The Ape community has an incredible network of people who are doing great DD (Due Diligence) or research in order to watch dark pool statistics, chart movements, shorting statistics and media influence.
They are also watching the Securities and Exchange Commission (or SEC), the government watchdog for criminal and unfair market practices. The SEC is regularly investigating the markets for abuses and are producing filings that provide regulation to these unfair and criminal market activities. The more we learn from each other and share information, the faster the process speeds up.
What’s next with AMC?
No one can tell you what to do with your money. But, the fact that you’ve read this far tells me you want to learn. I, too, was in your shoes back in January of 2021. If I was going to invest my hard-earned money in a system I knew very little about, I knew I had to do some research.
Hopefully, this article has kicked-started that process for you. The more you research, ask questions, and listen to others who are on the same journey as you, the better off you’ll be to make smart decisions about your ownership in AMC stocks.
There are millions of people just like you. You’ve joined a movement that pays some great dividends and could leave lasting change in the American stock market. Be a learner, be an investor. Be a change-agent.
I’ve found a fortune! And I want to share it with you. These stocks have allowed me to profit and snowball my investments within as little as a year. I understand stock picking can be quite difficult. Sometimes you just need someone to provide you with a list of stocks that has worked for them. Here are my top picks of stocks to invest in right now.
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!
These stocks have allowed me to diversify my portfolio very well. You’ll get my favorite index fund, favorite ETF, and favorite REIT. Adding these stocks to your arsenal will proof to balance your investing portfolio out a little more.
I’ve been invested in the stock market since 2019 and have noted that these picks have been a strong foundation in my portfolio. Often times when other stocks were down, these were up. Lets dive right into it.
#1. EMR – Emerson Electric Co.
Emerson Electric Co. is an American multinational corporation that manufactures electric motors using their own patent. The company became the first to sell electric fans in the U.S and expanded its product line to electric sewing machines, electric dental drills, and power tools. EMR basically produces electric motors for every type of business and necessity you can think of.
Dividend Yield: 2.1%
This is a great stock to invest in because electric motors are always going to be needed. As our society continues to innovate, electric motors will continue to play a very important role.
EMR Annual Return
Emerson Electric Co. has an average annual return of 9%. They are also involved in all sort of industries including automotive, life sciences & medical, water & waste, industrial energy, marine, and food & beverage just to name a few. Innovation? They’re currently involved in several stem projects too.
#2. GPC – Genuine Parts Co.
Genuine Parts Company is an American service organization that distributes automotive replacement parts, industrial replacement parts, office products and electrical goods. Parts are sold under the NAPA brand in North America.
Dividend Yield: 3%
GPC is great because cars aren’t going anywhere anytime soon. As cars evolve, this auto parts company will continue to manufacture and distribute parts.
GPC Annual Return
Genuine Parts Co. stock has seen an annual return ranging from 7% to 15%. GPC has more than 10,000 locations in 14 countries and employs approximately 50,000 people. 75% of GPC’s sales come from North America, 15% from Europe, and 10% from Australia.
#3. VNQ – Vanguard Real Estate (REIT)
VNQ invests in stocks issued by real estate investment trusts (REIT’s), companies that purchase office buildings, hotels, and other real property.
Dividend Yield: 3.65%
The real estate market has been HOT recently. It’s a sellers market at the moment. With property selling almost instantaneously this REIT has been performing extremely well recently.
VNQ Annual Return
VNQ’s annual yield has varied with some years reaching up to 30%. Its history also shows annual yields between 5%-8%. This investment seeks to provide a high level of income.
#4. VOO – S&P500
This Vanguard ETF invests in stocks within the S&P500, representing 500 of the largest U.S companies. Companies in the S&P500 include Apple, Tesla, Johnson & Johnson, Walt Disney, Netflix, and Coca-Cola to name a few. You can see all the companies in this index fund in the link at the end of this article.
Dividend Yield: 1.39%
The S&P is one of the best index funds in the market. Warren Buffett himself is a huge fan. Fun fact: his trustee is expected to receive all of Warren’s assets with 90% of his stock picks moved in the S&P500! When you own the S&P500 you own a piece of the fortune 500 companies.
Since they are all working and innovating towards being better every year, you can only expect this index funds’ value to go up.
S&P 500 Annual Return
The S&P500’s annual yield has been approximately 10% – 11% since its inception back in 1926. This is an index fund I’m continuously adding to my position in. The diversity in companies it holds makes it an attractive stock for both novice and experienced investors.
ESGV is a Vanguard ETF that invests in the top 10 companies in the U.S. These companies include: Apple, Microsoft, Amazon, Alphabet (Google), Facebook, Tesla, JP Morgan Chase & Co, Visa, Inc., United Health Group, and NVIDIA Corp.
Dividend Yield: 1.06%
Unlike the S&P500, owning this ETF means you own a piece of the top 10 companies in the U.S. This growth ETF puts the top earners in your portfolio. This attractive stock only knows up. The companies in this pool are companies that are constantly innovating. It’s always day one with them.
ESGV Annual Return
This ETF is relatively new. It was created in 2018 and has gained 24%-31% in annual returns. This type of investment is meant to provide you with the highest returns possible. Building your position in this ETF can prove to be a great offense. Very few times you’ll find this ETF on red.
Have you seen what’s been going on with AMC Entertainment recently? This stock is set up for a short squeeze. If you can manage to buy this stock before it takes off then you’ll be able to make a quick trade. A subcommunity from Reddit who skyrocketed GameStop’s share price also began moving AMC Entertainment.
Well, AMC now has a bigger community due to how much more affordable its stock is than that of GameStop’s. You can read more about this stocks short squeeze DD (due diligence) here.
Are you already investing in one of these stocks? Lets begin a conversation. Leave me a comment below.
Financial goals are the big visions you have for your personal finances and the way you plan to spend your money.
These financial goals are what help us achieve ultimate success and financial freedom. They also make our dreams easy to identify.
Why Do Financial Goals Matter?
Financial goals push us to keep moving forward in our day-to-day lives with a relentless focus on reaching life changing goals.
They’re what will determine how comfortably we live our lives when we’re ready to retire.
Financial goals are what separate the lower, middle, and high class.
You’ll learn the importance of becoming debt free
How to adopt winner habits in order to secure your financial future
Ways to diversify your income
If you’re here it’s because you have a genuine curiosity on how to succeed financially in life. The great news is that what led you here is no coincidence. I strongly believe we attract into our lives what we think about. Navigate this platform and manifest.
Here are 10 ways you can begin setting financial goals for yourself in order to eliminate any financial insecurities you might have.
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#1. Paying Off Debt
Paying off debt is a financial goal everyone should strive for. Accomplishing this goal is your ticket to becoming financially free.
Everyone wants to be debt free but not everyone is willing to put in the work to break from the shackles of debt.
Some benefits to paying off debt include:
Freeing up resources to save and invest
Eliminating monthly payments to lenders
No more interest
Surge in credit score points
Paying off your debt will require temporary sacrifices, such as living below your means and delaying gratification.
I’ve found that the snowball effect is very efficient when it comes down to paying off debt. You essentially start from the smallest debt and work towards the biggest debt. You can read more about it below.
If you find yourself straying from paying off your debt, remember why you started in the first place. Crush this financial goal so you can focus on all the wonderful things in life that truly matter!
#5. Making Your First Investment In The Stock Market
This financial goal is probably the most intimidating goal of them all. You most likely have thought about investing in the stock market but perhaps don’t know where to start.
We walk our readers on how to invest in the stock market step by stephere.
The stock market might not be everyone’s choice of investment, but for those of you who want to partake will see just how easy it is to purchase shares and see your money grow.
Before you begin to invest in the stock market, be sure you:
Are debt free in order to maximize your deposits in the market
Have created a strong and healthy emergency fund
Acquire the confidence to proceed with investing in the market
Investing in stocks has the the biggest potential if you’re striving to build wealth. With the S&P 500 yielding an average 7% in return, it’s highly unlikely you’ll ever see this percentage from any bank or institution.
Are There Other Alternatives To Investing?
A very good alternative would be to put your money in a high yielding or money market account.
While your regular banks pay you 0.01% APY, high yielding banks can pay up to 2.05% APY!
Rates fluctuate from time to time depending on the economy, but it’s a great money move; especially if your financial goal is to grow your savings account.
Here’s a list of high yielding banks you can check out so your money can earn you a little bit of interest (money while you sleep):
Yahoo Finance reported from a 2019 survey that 64% of Americans will retire broke.
I think it’s safe to make retirement a priority when it comes to setting financial goals.
Retirement should be the time where we can finally look back and feel like all the hard work has paid off. It should be that time period where you can sigh in relief knowing you won’t ever have money troubles.
Around this time you’re most likely earning passive income from a variety of sources. Perhaps your investments are paying tremendous amounts of dollars every month or your online business keeps generating income.
Money during this time is working for you and you can enjoy anything your cashflow is able to provide.
How Can I Prepare For Retirement?
Preparing for retirement really includes a lot of the things that we’ve covered over in this post. Such things include:
Start a 401(k) with an employer match if available
Save money using a high yielding or money market account that accrues interest
Free yourself from debt in order to maximize your savings
Invest in the stock market
Invest in real estate
Increase your income
Preparing for retirement will become more of a challenge if you’re not debt free. The earlier you begin to save for retirement, the longer you have for compound interest to put your money to work.
If you’re nowhere near the income peak age you should be focusing on making as much money as possible early on in order to free up your resources so you can start focusing on the things that really matter.
Remember, you cannot grow wealth being in debt.
#9. College Savings
A financial goal that’s popular amongst parents is saving for their children’s college tuition.
A college savings plan will come in handy when your children are ready to take that leap in the real world.
Saving now can help you get a great start. We suggest using a savings account that will accrue interest; this way you earn additional money on top of your principle and recurring deposits. Use compound interest to boost your savings goals!
According to the Wall Street Journal, the average tuition is a whopping $37,172!
It would be wise to start saving for this goal as soon as you can. Personally, we’d opt out for teaching our kids to become entrepreneurs instead so they can earn as much money as they desire. It’s the financially responsible thing to do, but hey! We need all type of professionals in this world.
#10. Financial Education
What better financial goal than to further your financial education!
If you’re not 100% certain about how something works, invest time in yourself and do the homework until you’re confident about such topic(s).
People used to read about everything, now you can watch videos or read blogs like this one for more information.
It took me about 3 months of studying and researching how to invest in the stock market before committing to purchasing my first shares of stocks.
I created my Vanguard account and although I had done some research, it took a while before I actually proceeded. Financial education allowed me to grow confident in all things I do financially.
I wanted to make the process of investing in stocks easier for my readers so I wrote on how to invest in the stock market (step by step). You can read it here.
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Become Financially Confident
Dear readers, I encourage you to step outside your comfort zone and educate yourself as much as possible so you may become financially confident and financially independent.
Break the cycles and begin to develop winner habits to secure your financial future.
Let us know in the comments section below which financial goal(s) you’ve taken up! Our readers would love to hear what you’re working on.
Trey’s Trades just released an honest video interviewing Jordan Belfort, AKA The real Wolf of Wall Street.
The ape community holding AMC stock was actually looking forward to this video but found themselves perplexed and rather disappointed.
I’m going to breakdown key points from the video to provide some clarification. I’ve watched ‘listened’ to the video a few times to gain a different perspective on the interview.
Massive thanks to Trey’s Trades for the intention. I think we can all agree Trey held himself very well during the interview with Jordan Belfort. You’re the real goat brother.
Trey’s Trades vs. Wolf of Wall Street – Intro
This interview begins with Trey humbly expressing his gratitude, concern for Jordan’s health, and respect for the wolf’s time.
Trey sets the mood with by saying, “I think there’s a huge opportunity for some education”. He also mentions there’s been a lot of cool stuff going on in The Wolf of Wall Street’s Twitter as he expresses his excitement.
As most of you know, Jordan Belfort has been supporting the AMC movement via Twitter.
The AMC & GameStop situation
The Wolf of Wall Street goes on to discuss the dilution of shares in general. Jordan Belfort further explains that a dilution would mean short-term discomfort in the stock but could benefit a company immensely long-term.
I actually said this back on April 1st when AMC share price started to drop due to Adam Aron’s announcement seeking approval from its shareholders to issue 500 million more shares. You can check out the post here.
Jordan Belfort thinks an issue of shares will pass
Trey asks The Wolf if he thinks it’s likely that an issue of shares can pass where Jordan then responds with certainty that it will pass.
Apes, you have to take this with a grain of salt. This is only Jordan Belfort’s opinion. Remember, you the shareholder get to vote whether this passes or not.
If you hold AMC stock then you should have received an email from your brokerage account with the form to vote. Be sure to search it in your mailbox if you’re uncertain.
What happens if 500 million shares are approved?
If it passes:
AMC becomes more of a long-term investment with a lot of upside for the company. As a shareholder, you will still be profitable.
Will a squeeze still happen? More than likely. A dilution would bring the stock price down which would be a favorable position for shorts to cover.
Approving this does not mean all shares will be issued at once. This is only a ‘backup’ in case of another disaster that can be a detriment to AMC as a company.
If we vote no:
AMC will simply have to pay it’s dues as they continue to see profits
The share price will not dilute
AMC won’t have a backup in case a second pandemic occurred hypothetically speaking
All in all, The Wolf of Wall Street had nothing negative to say about AMC here. These are straight facts that really don’t affect AMC negatively in any way.
Jordan Belfort then begins to advise that both AMC and GameStop are wildly overvalued.
I personally think he’s mainly referring to GameStop here. GameStop is wildly overvalued and it’s certainly no surprise to hear so. Again, there’s no negative talk about the stock(s). The Wolf of Wall Street is presenting an opinion that is widely accepted through fundamentals.
GameStop was hyped to squeeze despite the drop in value and revenue in the company, so there’s no argument there. However, AMC is currently undervalued if you look at pre-pandemic records.
The Wolf is already thinking ahead. AMC is not overvalued yet, but it will be.
And as he mentions in the interview, once these stocks take off they are bound to come back down. Fundamentals will eventually correct the stock and trade on ‘normal’ levels.
At least they should.
“Whoever Buys The Stock Is Kinda Nutty”
The Wolf of Wall Street goes on to say that as a shareholder, it is our responsibility to take advantage of the inflated price.
Jordan Belfort is trying to get a lot out during this part of the interview. He mentions if people are going to buy the stock at 10 times the price that it’s trading at ‘fundamentally’ it’s not worth buying.
Again, I believe he’s referring to GameStop where it’s currently sitting at. What I get from this message is that it doesn’t make sense to buy at the top of a stock that can potentially correct itself back to fundamentals.
He then goes to say whoever buys the stock (at the inflated price) is ‘kinda nutty’.
“This doesn’t mean you can’t make a lot of money trading at these higher prices”. This quote is why I believe he’s referring to GameStop. AMC isn’t there yet.
This is how I’m perceiving this part of the video. Let me know in the comments section below your personal opinion.
Trey agrees with this
Trey agrees that GME is overvalued and that a dilution would help AMC in the long-term with cash should they ever need it.
Most people didn’t catch the Bitcoin bit
Most apes didn’t catch this but the reason The Wolf mentioned Bitcoin is because he was using it as an example to compare it vs. how stocks work.
He basically states that Bitcoin unlike stocks can go up and stay up for a while, come back relatively low, and continue this cycle. Jordan states that stocks don’t move this way and he wanted to clarify this for the viewers, mainly new retail investors.
GameStop second squeeze?
Trey asks The Wolf of Wall Street if he thinks GameStop will have a second squeeze. Jordan responds saying he predicted the second squeeze meaning it’s already happened and that a third one isn’t likely. Although, he does make a reference that it was most likely a ‘gamma squeeze’ the second time around.
Again, this is only Jordan Belfort’s opinion and solely based on GameStop, not AMC.
“I love the average person is making money”
The Wolf of Wall Street expresses he thinks it’s great the average person is making money and doesn’t want us to think he’s against what’s going on. Jordan then goes to say he just doesn’t think any high price action will be sustainable.
Which makes sense apes. When GameStop’s squeeze peaked at $500 it did not sustain. It became volatile and dropped all the way back down to $40 before gamma squeezing up to $200.
The bear market discussion
The Wolf of Wall Street explains that a rising tide lifts ships and a falling tide sinks all ships.
He’s referring to a bear market vs. a bull market. Jordan further explains that during a bear market all stocks tend to go down no matter what hype surrounds it.
We’ve seen a little bit of this occur with AMC mainly on the days that the S&P 500 has been down. It’s simply how the market works.
Here, The Wolf is simply having a discussion with a younger investor as he portrays Trey after asking him his age.
You see this sentiment carry over when discussing how his former colleagues lost a lot of money day-trading. This conversation can be looked as personal insight from The Wolf’s experience and possible ‘advice’ to new retail investors.
We get off track a bit
A lot of the interview from here on out is simply a conversation between Jordan and Trey.
The Wolf seems to get off track from the AMC phenomena and starts talking about other investments and fundamentals. The rest of the video from here on out is a rant from Jordan that Trey entertains out of respect.
The video is concluded with The Wolf of Wall Street advising to make as much of money as you can while the times are good, and to play it more conservatively when they’re not.
Trey did an amazing job at respecting Jordan Belfort’s time which is why we didn’t see much deeper conversations regarding manipulation in the market, etc.
I hope you guys enjoyed this breakdown from the video. I too was a little puzzled after watching it the first time. With a lot of uncertainty going on, I figured I’d listen to it a few times over and provide some perspective to provide some form of value to the community.