Welcome to the magical world of investing, where predicting the future is about as reliable as trying to nail Jell-O to a tree! That certainly won’t stop us from taking a bold and fearless look into the crystal ball and trying to answer the age-old question: what does the future of investing look like?
Will we all be able to buy and sell shares using our mind waves? Will we have an opportunity to invest in time-travel startups? Or will we all just be too busy panicking about the latest cryptocurrency craze to even think about investing?
While all of that might be far-fetched, one thing is slowly becoming our reality: we are all bored of investing in the same old stocks and bonds. Are we not?
In any case, we think we’ve got a few ideas about what the next decade or so has in store. From space tourism to lab-grown meat, get ready to leave your comfort zone and dive into the wild world of futuristic investing opportunities.
But beware, with great risk comes the potential for great reward. So buckle up and get ready to explore the trends that will mark the 2020s!
1. Artificial Intelligence
AI is in rapid growth and becoming more and more attractive by the day. The next decade expects to introduce more breakthroughs in the AI world and lots of new online tools and solutions that have AI operating in the background.
The many benefits of investing in AI include:
- Its potential to revolutionize many industries, thus leading to strong financial returns for investors
- Its benefits for society, particularly in the education, transport, and healthcare systems
- Opportunities for diversifying one’s portfolio by including an innovative, high-growth sector
However, the risks of investing in Ai should be thoroughly examined as well. Since this technology is still very young, its high volatility makes it hard to predict its future. Another key factor to consider is regulation. Ethical use is a big topic when it comes to AI implementation, and regulations can change everything on how its development path shifts.
2. Autonomous Vehicles
Autonomous vehicles, or self-driving cars as we know them, carry great potential for a huge market spike in the near future. According to a report by MarketsandMarkets, the market for autonomous vehicles is expected to reach over 62 million units by 2030. This growth is driven by increasing demand for safer, more efficient transportation, as well as advancements in technologies that make self-driving vehicles safer and more practical.
The benefits of making future investments in the autonomous vehicles market include:
- A diversified portfolio by adding a sector with guaranteed future growth
- Potential for high financial returns considering they are the future of the auto and transportation world
- Exposure to an industry that will have a significant rise in value because of its contributions to society, such as lowering the risks of traffic accidents and improving transport efficiency
However, investing in autonomous vehicles also carries some risks, including:
- Potential technological barriers that could be hard to overcome in terms of ensuring the reliability and safety of new products
- Lots of competition, which is naturally expected, given the high interest in the new technology. That could lead to difficulties in securing profits
- Regulations can create uncertainty as many markets are still cautious about the technology and still develop regulatory frameworks to govern the use of self-driving vehicles
3. Curing Cancer
The next decade could be historical when it comes to eradicating many types of cancer that, at the moment, are still treated using dated methods. Cancer research is an area that has the potential to bring significant benefits to society by improving public health and extending the lives of millions of people.
While developing treatments for cancer is a complex and challenging process that involves significant scientific, technological, and financial resources, the industry has the potential to offer investors a number of benefits.
Pharmaceuticals have always been a lucrative choice for investing, and new cancer treatments and therapies can solidify that practice. New breakthrough discoveries have the potential to bring significant benefits to society by improving public health and extending the lives of millions of people. Investing in this area can provide investors with the opportunity to contribute to these positive outcomes.
4. Streaming Services
First, it was only Netflix. Now, joined by HBO Max, Hulu, Disney+, Amazon Prime Video, Apple TV+, Paramount+, and so on, the streaming world is fearless in its takeover of conventional cable TV. Especially after the Covid19 pandemic, platforms that provide on-demand access to movies, TV shows, music, and other forms of entertainment, have become increasingly popular.
The market for streaming platforms is expected to continue growing in the future, driven by increasing demand for convenient and flexible access to content. This is great news for investors as people don’t show any signs that they’ll be giving up their TV leisure time any time soon.
5. Tried and True High Yielders
Size and experience have always mattered no matter what time brings. Some companies that operate in the online world show constant promise that they will dominate the stock market for the years to come. Facebook, Apple, and Google are, for now, still the unstoppable giants of the last decade, and investing in their lot is a safe route to take.
Other companies are very encouraging and attractive to invest in because of their high annual dividend payments. Investors can use market research to determine which stocks generally provide high-yields with their dividend payments and choose a company to add its stock to their portfolio.
The future of investing is full of exciting opportunities and potential risks. From artificial intelligence to autonomous vehicles to cancer treatments, the future looks bright for investors who are willing to take on a bit of trouble in pursuit of potentially strong returns.
But no investment is without consequence, and it’s very important to carefully consider every uncertainty before making any decisions. Following our humble advice, you can take your portfolio to new heights (or plummet to new depths, depending on how you play your cards).