Hot investment sectors in 2017
There is never a bad time to start investing. All you need to do is look at current market conditions, make educated guesses about where things might be going, and deploy your capital accordingly.
Another thing you can do to bolster your results is to emulate those who have produced the results you want to achieve for yourself.
Greg Lindae has been a successful venture capitalist for well over twenty years, an achievement that doesn’t come by accident.
To get where he has gotten, you need to get good at picking winners out of a sea of hopefuls. This task is made easier when you invest in field where tons of cash and eager customers are sloshing around.
If you are looking at getting into the investment game in 2017, search for companies in the following sectors, and you will make the process that much simpler for yourself.
It seems like tech has been hot ever since the dawn of the internet. Except for the blip the was the popping of the tech bubble in 2000, this industry has been responsible for many of the innovations that have made our lives better since the 1990s.
This juggernaut will continue rolling on through 2017, with sub-sectors like virtual reality primed to set the public’s imagination on fire.
With early players such as Oculus Rift (now owned by Facebook), Google, and HTC leading the way, it seems like we are standing on the precipice of an industry that could do $80 billion in sales by 2025.
Ordinary video games will continue to excel as well, as they have become a form of entertainment as potent as television. Additionally, the major players in the video game industry will also move into VR to protect market share from the aforementioned early adopters.
2) Health care
The slow-motion aging of Boomers will continue to drive growth in the health care industry in 2017 as they continue to experience all the normal ailments that come with aging.
This is an unavoidable reality of life, making investing in this sector a no-brainer for investors looking for certainty in an uncertain world.
Home care is one subset of this sector that appears to be ripe for growth, as many Boomers are determined to age in place rather than live out their last years in a retirement home.
Others are looking for ways to stave off or even temporarily reverse the effects of terminal physical decay. This has led to the rise of numerous physical therapy firms who have benefited from the desire of Boomers to remain healthy and strong in their old age.
Together with bio tech, the next 10-20 years looks bright for investors in the life sciences.
3) Alternative energy
Of all the threats facing our planet, climate change is one of the most menacing. A slow motion disaster that has cost billions of dollars and scores of lives already, it has only been in the past five years that society has begun to take the long term implications of this problem seriously.
In response, solar and wind power has surged in popularity, leading to massive increases in efficiency, which have further fuelled their growth around the globe.
Already, unsubsidized green energy has beaten fossil fuels on price in 30 countries according to the World Economic Forum.
With cost arguments no longer valid in many nations around the world, look for renewable energy installation companies to explode over the coming year.