27 Oct 2020
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
A Bad Ideas White Paper has been published which identifies 5 industries and sectors that are expected to be significantly disrupted by technological innovation and should be avoided for investment.
The industries and sectors listed in the White Paper include-
- Physical Bank Branches
- Brick and Mortar Retail
- Linear TV
- Freight Rail
- Traditional Transportation
Are our recommended PMs (Portfolio Managers) across these issues, absolutely but the challenge is to not overpay for hype.
Overpay, even for quality assets and it could be decades before you make a profit and that is why the price you pay for an asset is key when investing.
Click to read.
At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.