The world is moving faster than any time in history. Depending on your occupation, or what you read, you may or may not know this.
I am by no means a prognosticator. But based on what’s happening, you have to conclude that the next five years are going to be phenomenal for investors.
I understand we may have a recession, a trade war, and/or some other black swan event. However, you cannot stop progress.
Let’s discuss what’s going on, and why I’m so optimistic!
1. Like it or not, electric cars are the future.
The demand over the next five years is projected to skyrocket 20 times.
If that comes to pass, you are going to want to own companies that will benefit the most.
Tesla (NASDAQ: TSLA) has been leading the charge in electric vehicles since its introduction of the Model S. For the past three years, the Model S has been the top selling electric vehicle (EV) in the United States. The Model 3 is doing even better.
With its S, X and 3 models the top three selling electric vehicles in the U.S., Tesla now dominates the market.
Recently, Elon Musk, Tesla’s CEO, said that Tesla vehicles should be fully autonomous by the end of 2020. Think about that for a second: fully autonomous.
I’m sure there will be regulation hurdles they will have to surmount. But make no mistake, folks: autonomous cars are coming, and soon.
This has the potential to be incredibly disruptive to the entire transportation industry!
2. The future of medical care will be determined by genomics.
As the cost of sequencing a human genome continues to decline, the more likely it will become for people to adopt genome sequencing as a part of a yearly physical. Why? Because insurance companies will want to pay for any test that has the potential to predict disease and possibly head it off at the pass.
Genome sequencing cost declines will enable biotechnology breakthroughs to happen faster, more frequently, and with better accuracy.
We are entering the era of personalized health; the “one size fits all” format is slowly going out the window.
It’s less expensive and more efficient to try to prevent disease, if not outright cure it.
Right now, gene editing is one of the most controversial areas in medicine. However, the idea of being able to cure someone by removing a defective gene has unprecedented potential!
3. Collaborative robots are presently a very small industry, but an industry with monster potential.
Collaborative robots work side by side with humans. They make work more efficient and increase productivity significantly.
Once you teach a robot how to do a job, it will become better and better at performing it over time.
The cost to make these robots is decreasing, and will continue to fall. Cost declines will lead to quicker implementation by companies, causing demand to increase.
The economic benefits of collaborative robots are undeniable. Robots don’t get paid a salary, and they don’t take sick days or vacations. Their implementation will without a doubt lead to worker displacement, but will also create new jobs.
4. As popular as financial tech is today, it is still in its infancy.
Slowly but surely, cash is being displaced. The adoption of digital payments all over the world has been accelerating at an incredible pace.
Less developed countries, in fact, have been some of the largest adopters of this trend. Fintech in places like China, India, and Latin America is absolutely exploding.
5. 3D printing has the potential to revolutionize manufacturing as we know it.
When it first became popular five years ago, the original idea was that everyone was going to have a 3D printer at home. Although that didn’t happen, 3D printing is poised to have a huge impact commercially. It’s simply more efficient, and creates better products, than traditional methods of manufacturing.
The growth in the 3D printing industry over the next five years is expected to increase more than tenfold.
6. Artificial intelligence (AI) will continue to become more and more immersed into our world as time progresses.
It will ultimately transform every single industry…from manufacturing, to healthcare, to even non-profit fundraising, as The Chronicle of Philanthropy reports in their current issue.
Bill Gates has said that the individual who comes up with a breakthrough that creates super AI will be worth “ten Microsofts”, which would be almost $10 trillion!
Like the internet before it, artificial intelligence is on track to create unprecedented wealth over the next five years and beyond.
The next five years are going to be fascinating for us individual investors. For the first time ever in history, there is a convergence of multiple technology platforms taking place that is set to create incredible wealth for those of us who participate.
It is probably unlikely that we will see this again in our lifetime. I can’t urge you ENOUGH to GET INVESTED TODAY.
My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.
Click the image of the book at left to be taken to its Amazon page. (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)