Movies have the ability to teach us difficult topics more than anything else. Be it a simple life lesson or a complex financial one, we tend to pay more attention to them as they are interesting and often explain things in an entertaining manner.
For someone who is earning, there is nothing more valuable than financial lessons and Hollywood has plenty of movies to help you understand the same a little better. Let’s take a look at the five best finance movies from Hollywood and see what lessons it has to give us.
The money pit is a 1986 comedy starring the legendary Tom Hanks and Shelley Long. Directed by Richard Benjamin, the movie tells the story of a young couple rushing to buy a home, only to realise later that it was in a severely bad condition. The movie is about how the couple deals with the condition and how they come out of the trap. While it could look easy in a movie, in a real-life situation, a trap like this might be a thousand times harder to get out of. This is why researching is of utmost importance before making a big-money decision, especially ones like buying your own house. In this fast-moving world, we often don’t have the time to pause for a moment before spending money. But the movie shows how important it is and how taking your time can save you from huge monetary worries.
This 1987 Oliver Stone movie is considered a classic among both movie lovers and finance buffs. It depicts the story of an entire generation’s attitude towards money and investing.
The movie tells the story of a young stockbroker Bud Fox, who is learning from a ruthless investor Gordon Gekko. The movie tells Fox and the audience that money never sleeps, showing the importance of investing and doing it right. In a way, the movie will tell you that if you invest right, your money will keep working for you even when you are not. This lesson is valuable, and it is not limited to the movie itself. Rather, it is equally true in the real world and the advice is evergreen and is still relevant.
Paying taxes is important. No matter how many times this is told, it’s still less. Even then, a lot of people tend to ignore paying taxes on time. Maybe watching the story of Al Capone, played by Robert De Niro in the 1987 movie untouchables can help them understand. The movie tells the story of the mobster Al Capone, who was untouchable by the law. The police and the FBI remained clueless as to how to stop him as he evades even murder charges owing to lack of proof. But what eventually caught him was a simple tax evasion charge. This part of the fiction is true in real life too. Tax evasion is a very serious offence, and it can crumble even the biggest of empires. The movie will remind you to pay your tax and do it on time.
The social network, directed by David Fincher tells the story of Mark Zuckerberg, the founder of the social media giant Facebook, now known as Meta. The movie is about the inception of the social media company and the founder’s dispute against two people, who said Zuckerberg has copied the idea of Facebook from them. But as there were no legal documents, the court decided in favour of Zuckerberg. The movie tells you the importance of understanding the business and keeping this documented and legal. If there were any legal documents that could prove Zuckerberg wrong, the whole story would have been different. Furthermore, it also shows the early years of Facebook and how learning to handle money is important. If you are planning to start a business on your own, watching this movie is a no-brainer.
The movie tells the story of Jordan Belfort, an American stockbroker and a convicted felon, played by Leonardo DiCaprio. He was said to be a man who could sell anything, and he used his skills to lure investors into buying terrible stocks, which made him rich. He had become unimaginably wealthy by the time law caught up to him. This movie, although about a convicted felon, teaches us a very important lesson about greed. Belfort used nothing else but greed to lure the laypersons. Even when some of his claims seemed illogical, people fell for the same because of greed. The movie shows us why it is important to make sure you steer clear of greed while investing.
It doesn’t matter where you plan to invest, using the above lessons will be highly beneficial. Be it mutual fund investment or share market investment, the above movies tell us why caution and research are important. Make sure to follow the basics to keep your investments healthy.
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