Birthday Bonanza, Part 7 of 8

Good morning, all!  This is the seventh installment in my series about how to set your child up for wealth by investing $1000 at the time s/he is born.

When it comes to investing, the focus is always on the future.  

Sure, there are companies that have been great investments over the past 20 years, but we are only interested in the future.

So look for companies that are poised to do well over the next 20 years of your child’s life.

I would probably avoid companies that have been around since the Industrial Revolution.  These companies may do well, but it is unlikely that they will be the leaders going forward.

Here are some industries and investment themes you may want to consider.

1) Artificial Intelligence (Deep Learning)

2) Robotics and Automation

3) Genomics

4) Mobile Payments

5) Blockchain Technology

6) Energy Storage

7) Gaming

8) Cloud Computing

9) E-Commerce

The guiding principle here: Invest in the future – for your child’s future!

*  The Stock Market is For Everyone, Eric Milton’s short guide to stock market investing for beginners, is available in e-book and paperback formats.  If you like what you see on this blog, we hope you’ll take a moment to purchase and read the book, let us know what you think via a blog comment or Amazon review, and share this information with others!  Thank you. *

 

This Tech Boom Will Make You Millions!

In the late 1800’s, we saw the emergence of three huge technology platforms simultaneously.  They were the the telephone, electricity, and the combustible engine.

These three, together, were the catalyst that ignited economic growth unprecedented at the time – thus creating billions, upon billions, of dollars in wealth.

Today, we are embarking on a technology boom that may dwarf the previous booms.  For the first time in history, we have at least seven technology platforms evolving at the same time.

They are:

1. Artificial intelligence (AI)

2. Blockchain technology

3. 3-D printing

4. DNA sequencing

5. Mobility as a service

6. Financial technology (fintech)

7. Cryptocurrencies

I didn’t even mention the cloud, ecommerce, streaming video, and gaming (which is in its infancy, but will become ginormous!)

Oh, and I almost forgot to mention China…and, down the road, India.

We are going to see a tech boom unlike anything we’ve ever seen!

If you haven’t already done so, I suggest you start researching great companies to invest in.  Check the previous posts I linked to above for some ideas!

 

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.)