The film business is a dazzling, lucrative industry. It’s a fast-paced, high energy life of luxury and glamour whether you’re behind the camera or in front of it. However, we can’t all be actors or directors, or even writers or camera operators.
So how do you go from watching movies online to being a part of the industry? Well, if you have a brokerage account and a few hundred extra dollars sitting around, the answer is simple. You invest in movies.
Easier said than done, right? Well, if you know how to invest in movies, it’s actually not as difficult as you think. So read on, and discover everything you need to know about investing in the film industry.
How to Invest in Movies: Stocks vs Direct Investment
There are two entirely different ways to invest in the film industry. There is direct investment, which involves investing in a specific project, and usually involves more money and more risk. There is also investing in movie stocks, which is what we’ll focus on in this article.
Yes, investing directly into a movie is the exciting involvement that everyone dreams of, but with that, you also share all of the hurdles that go into bringing a film to fruition. It’s exciting, but it’s also stressful and risky. We’ll show you how to get involved in movie stocks, and then once you’re comfortable you can dive into the world of direct investing.
Open a Brokerage Account
Investing in movie stocks is like investing in any other stock on the stock exchange. You’re going to need to put money into a trusted brokerage account.
Scottrade, Ameritrade, and E-Trade are all long-standing trusted brokerage accounts. Apps like Robinhood and Stash allow you to invest with smaller amounts if you’re still nervous about taking the full plunge.
Choose Your Movie Stocks
Here’s the fun part. Find the film companies you love and want to invest in, and make a list of the ones that are publicly traded.
The film industry has many different outlets, and so there are different routes you can go with stocks. You can invest directly in production companies like Lions Gate (LGF-A) or Disney (DIS), or in the major companies like Time Warner (TWX) which owns both Warner Brothers and New Line Cinema. You can also involve in the rising digital film world with companies like Netflix (NFLX).
Research and Analyze
This step isn’t as fun but is important. Once you have a list of stocks you would be interested in investing in, you need to research and analyze to determine which ones are the best investment.
Numbers like the 200-day moving average help determine whether a stock is trending up or trending down. You’re always going to want to look for stocks trending up. There are plenty of resources out there to help you find the best movie stocks. Once you’ve found them, it’s time to invest!
Now that you know how to invest in movies, keep reading our site to find out what to do with that extra money!
From financial advisors to take care of the money to trips and goodies to spend that money on, we have all sorts of great information for you. Happy investing, film mogul!