I regularly pound the table regarding two main themes – the road to wealth is paved with tech and it’s important to take the long view.
And both those factors clearly played a huge role in a stock that has gone up by more than 1,000% since I first talked about it on May 31, 2013.
See, as that chat shows, I was way out in front of the pack when it comes to that big call.
The thing is, I can look ahead to see which investments are going to absolutely crush the market because of one of my biggest rules of tech investing, “ride the unstoppable trends.”
And on that day, I claimed that cloud computing was in for a massive uptrend. And if anything, I was too conservative. I mentioned a report that same week that cloud computing would reach $241 billion in 2020.
Instead, Market Data Forecast claims that the sector grew to $371.4 billion.
And now, you may recall that field is expected to pull off an encore, and more than double to $832.1 billion in the next five years.
I also told you of a legacy software firm that was using the cloud to add recurring high-margin sales.
As the economy moves forward, Fintech is poised to make incredible gains with some of its most standout leaders. The mobile payments sector is particularly huge, with 1 billion of the people on planet earth using some kind of mobile payments system in 2020. Continue reading
There might not be any way to plan for a global pandemic and its resulting financial panic, but that doesn’t mean it doesn’t pay off big time to plan ahead, even in times like these.
And going forward without a plan means risking letting huge opportunities to score massive profits pass you by.
For example, anyone who didn’t have an investment plan in place this year likely ended up freaking out along with millions of other investors, lurching from crisis to crisis and making a series of bad financial decisions.
Just as bad, they even ran the risk of sitting on the sidelines confused as the market came roaring back.
Consider that just investing in the S&P 500 when it rebounded last March 23 was enough to make 65% returns in nine months.
And that’s why today, in the first of two parts to set you up for a profitable 2021, I‘m going to show you how to plan ahead, to give yourself the best possible chance of avoiding these pitfalls.
If you follow my lead here you can crush the market’s historic returns with breakout tech leaders.
On Tuesday, I showed you that tech is one of the very best places to find great dividends.
Here’s the thing; These are not your traditional dividend payers from years gone by. They’re an example of a new trend that we’re seeing in action right now.
I still firmly believe that the road to wealth is paid with tech.
Not with staid dividend stocks, but with bona fide growth leaders. See, even ten years ago tech darlings put all their money into growing faster, leaving nothing to pay a dividend with.
Today’s tech world looks very different.
It’s all because of the digital economy. This new dynamic has created earnings giants that make so much cash, they can easily invest in the next round of growth – and still pay a nice dividend to shareholders.
You may recall that in our last chat, I showed you three tech stocks that offered appreciation and yield.
Today, I want to follow up with the flip side of this investing coin.
Just two weeks ago, a deal was struck that has the potential to totally reshape a key tech sector. The most important tech company that nobody has ever heard of is joining forces with one of the fastest growing firms in the sector.
To get an idea of just how important this unknown player is, you probably use their tech every day before you even have breakfast in the device you use to set your alarm, and the internet router you use to check the morning news.
The brand defining devices made by Apple Inc. (AAPL) all rely on this company’s tech. That’s why this deal is going to change the entire tech sector.
How the tech works is complicated, but how they can make you money isn’t.