Society is continuously advancing, and this is evident in various aspects of daily living. The recent past has witnessed a change in the way we shop, entertain ourselves and more. This shifting interest exhibited by the public makes it confusing for those interested in venturing into investment to secure financial freedom. Deciding on the right areas for investment can be overwhelming especially for those learning the basics of successful investing. Here are three sectors that attract interest and promise growth. These areas offer excellent investment opportunities.
Virtual Reality Entertainment
Virtual reality will soon take over the entertainment world and replace the current televisions, video games and moves. It will quickly become the standard way of entertainment. Virtual reality was a thing of imagination, but today it is a reality. Virtual reality together with augmented reality creates the perception that one is actively present in the video game and movie they are enjoying. Virtual reality converts one from a spectator to an active player in the digital form of entertainment. This concept is now a reality and will continue to grow at a fast pace until it becomes the standard way of entertainment.
Prescription Drug Market
The prescription drug market is rewarding. However much of its profits are retained by the pharmacies and supermarkets that have in-house stores. A revolution is almost ensuing. Amazon recently declared their interest in the drug prescription sector. The prescription drugs you purchase from the pharmacy, often go through middle-men who benefit from the trade. Consequently, the cost of prescription goes high by as much as 36%, something that does not favor consumers. Amazon aims to create transparency, efficiency, and convenience to the process of purchasing drugs and obtaining prescription medication. Amazon is likely to eliminate the middle-men and simplify the movement of prescription drugs.
Several decades ago, building a home to completion required several stages of planning and development which made the process long, sometimes as much as years. A new concept termed 3-D printing is on the onset of changing, the way building process proceeds, reducing the time and hassle involved in constructing a home. 3-D technology arose due to natural disasters that often reduced many homes and buildings to almost nothing. These catastrophes necessitated massive investment in construction regarding time and money. It took many years to complete a project and a cost that went up to billions of dollars. 3-D printing uses complex robotic technology that could facilitate construction of a building within several weeks as well reduces the cost of rebuilding by up to 40%. The technology will appeal to home builders and investors who opt to direct their investment into this growing technology.
Paul Mampilly is a successful businessman. He served as Senior Portfolio manager At the Kinetics Asset Management from 2011 to 2016. Paul Mampilly is the founder of Profits Unlimited. Profits Unlimited offers guidance to clients that are interested in learning about stocks to invest and the right time to retreat from the stock market. As a businessman, Paul has 25 years of experience in the business and finance sector. He started his career at the Deutsche Bank. Here he managed various accounts from the smallest to those with millions of dollars. Paul remains an investor but also focuses on Profits unlimited which helps the ordinary persons earn money from their investments.
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