12 Apr 2022
Disruptive Technology: Innovation Platforms
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
The current asset price correct has changed nothing.
‘Software is consuming the World’ and this decade is when everything is going to change.
If this statement is correct then the current investment in artificial intelligence, battery technology, blockchain, robotics, gene sequencing in 2020 will increase 15 fold during this decade which presents a unique investment opportunity.
The compound annual growth rates would be beyond anything previously experienced during the past three decades and will only be possible if the technological breakthroughs continue to arrive which is more likely than not given the amount of money being invested.
Click for charts.
Importantly, during this decade asset prices will continue to boom/bust which is why we recommend against speculating, instead investors should remain invested according to their appetite for volatility and when fear and panic take hold, only then react by buying more quality assets at discounted prices.
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.
