avatarJustiss Goode | F😄M

Summary

A Marvel enthusiast and stock market novice shares their personal experience and rationale for investing in AMC stock, driven by their confidence in the upcoming Marvel movie releases and the potential impact on AMC's performance.

Abstract

The author of the article, self-identified as a stock market newbie with a passion for Marvel, recounts their decision to purchase AMC stock. Despite their lack of investment knowledge, they were motivated by the anticipation of numerous Marvel films set to release soon, which they believe will positively affect AMC's stock value. The author emphasizes that they used savings that weren't allocated for essential expenses, thus not gambling with their financial security. They also stress that their investment was a calculated risk based on common knowledge rather than expert advice. The article serves to illustrate that with some basic understanding, making investment decisions can be more accessible than often perceived.

Opinions

  • The author believes that investing in the stock market, specifically in AMC, can be a reasonable decision when based on informed common knowledge, such as upcoming movie releases.
  • They assert that investing should not be equated with gambling if done responsibly, without relying on the investment for immediate financial gain or using funds meant for other obligations.
  • The author is skeptical of the cautionary advice given by experts regarding AMC stock, expressing confidence in their decision despite being new to investing.
  • They suggest that taking chances can be worthwhile when the circumstances allow for it without causing financial hardship.
  • The author encourages readers to consider that some decisions in life, including financial ones, may not be as complex as they seem and that acting on smart decisions can prevent future regrets.
  • They advocate for readers to follow and engage with their content, indicating a desire to continue sharing their investment journey and insights.

Stock Market Newbie: Why I Jumped On the AMC Gravy Train

I don’t know about stocks and investing but I know about Marvel.

Photo Credit: Justiss Goode

I’m a real stock market newbie, and I don’t know squat about investing, but I’m going to tell you why I jumped on the AMC gravy train, and purchased a few shares of AMC stock.

You see, the way I figure it, I don’t have to know about stocks and investing, because not only am I a movie goer (which is what AMC specializes in), but being a Marvel fan, I know all about what to expect with the upcoming Marvel releases (and there’s a gang of them coming).

For those who don’t know it, AMC stock has been doing this up and down thing for the past few weeks, but mostly up.

In fact, just today, when the Monday morning stock market news first became available, AMC opened in the high 50’s and as of this moment, it is holding at 57.00 per share.

Under normal circumstances, I could care less, and I certainly wouldn’t be writing about it. But having wrote my initial story about Marvel and the AMC stock, I decided to go into my savings and buy a few shares.

I bought the shares at the price they were on Friday before the Memorial Day weekend (32.00 a share). So as you can see, as of today, I’m making a nice little profit on each share (more than 10, but under 50 ;-)

Before I continue with my story, let me emphasize something right now:

THIS IS IN NO WAY AN ENDORSEMENT OR SUGGESTION TO BUY STOCK!

My purpose in writing is mainly to voice my disbelief at how much easier it was than I imagined, for a laymen to make a reasonable stock decision, based on some common knowledge information.

Investing Shouldn’t Be a Gamble

I am the last one to condone spending your hard earned money frivolously, particularly when you have bills, responsibilities, and people who rely on you for support.

Even though some people equate financial investing to gambling, in my book, investing shouldn’t be a gamble.

If you’re impatiently relying on the anticipated win fall from some stock investment; whether you realize it or not, you’re gambling. A smart and genuine investment shouldn’t put you or your family’s income at risk.

In my particular case, the money was just sitting in a bank, and since I don’t have family or other financial obligations to worry about at my age, I can stand to part with the money, in the event things fall through.

If someone wants to invest in the stock market, whether it’s AMC stock, or whatever, I think it should be okay, as long as — like me — you’re not using money that is earmarked for something else, and you’re not depleting your funds, and desperately hoping to double your results.

New Stock Market Investing

Like I mentioned, I’m new to stock market investing, so I don’t have a broker, or do anything in particular to watch the market. I’m really only interested in the AMC stock, and I plan to watch it all the way to the end of 2021.

I have to admit, my speculating on whether Marvel’s release of the Spider Man trailer had anything to do with the soar in AMC stocks is what prompted me to invest in the stock market.

Although I don’t normally play fast and lose with my cash, I’m not worried about this financial investment.

In all honesty, I don’t see the price getting down that low again, and if it does, as I mentioned in the other story, with all the upcoming Marvel releases later this year, this stock is really going to be worth a nice tidy sum.

The experts seem to be using scare tactics and cautionary tales about taking a ride on the AMC gravy train, but it’s not working on this chick! I honestly doubt I’ll be disappointed with the outcome.

Just consider all the blockbuster films the theaters have lined up for the summer and the remainder of the year. And keep in mind, I’m only focusing on the Marvel movies.

There are other big movie franchises also chomping at the bit and ready to release their films, including the Fast and Furious franchise.

The TAKEAWAY

I guess my takeaway here, is for readers to share the realization that: Not everything is as difficult or works as complex as we tend to imagine.

This is not only true about becoming a new stock market investor, based on your love of a movie franchise. This applies in life in general.

Sometimes, it’s worth it, to take a chance, but only when the situation is right, and the decision won’t cause you a hardship.

So when it comes to this newbie and my purchase of AMC stock, I’m good. I think I made the right decision, hopping on this financial gravy train. TO BE CONTINUED, AND WE’LL SEE….

Have you ever failed to act on a smart decision and regretted it later? Share your thoughts and tell us what happened.

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