Wednesday, September 18, 2019

6A More Opportunity Identification


1. More Online Schools 
https://www.thebalance.com/us-economic-outlook-3305669

Coming up, more jobs will be created these upcoming years (20.5 million between 2010 and 2020), with 88% of all jobs experiencing growth. However, it's important to note that "jobs requiring a master's degree will grow the fastest, while those that only need a high school diploma will grow the slowest." So, we must think about the growth of online college. College prices are out of this world, and the accessibility to the internet will definitely see a growth in online colleges. I think I see this opportunity because this has been happening, and I was attentive with a solution to the trends.

2. Biofuel
https://www.thebalance.com/us-economic-outlook-3305669

Due to climate change, the Government is looking to put a carbon tax on dangerous greenhouse gas emissions. The green route is the way, and that means I bet biofuel will not only be popular, but subsidized by the Government. It's the best time to create this, because if you do, you own the next 50 years. I believe I see this opportunity because I have knowledge of eco friendly issues and can see the way it's heading.

3. More Crypto Currency Trading
https://ext-marketing.com/marketing-articles/u-s-regulatory-trends-2019-and-beyond/

Crypto Currency got a lot of attention in the last 5 years due to its boom and skyrocketing exchange rates. However, the SEC will not allowed it to be traded publicly on the Stock Exchange. But they could change their mind in 2019, which is something to be looking at. If they do, it's best to buy early, as they increase dramatically in price right out the gate. I see this opportunity because me and a friend in high school used to study bitcoin for fun.

4. Fiduciary with Best Interest
 https://ext-marketing.com/marketing-articles/u-s-regulatory-trends-2019-and-beyond/

Fiduciaries are people that take your money and look over your assets for a fee. However, they do not always show results, making them a waste of money. The Department of Labor's Fiduciary Rule was a proposed rule that made sure fiduciaries acted in the customer's best interest, trying to make them the most money, not experiment with it. However, this proposal has been shut down. I think someone should make a trustworthy fiduciary focused on the best interest on the customer, to make both them and the fiduciary the most money. I know about this because I read a book on fiduciaries (96% of market managers do worse than index funds) and know they could do better.

1 comment:

  1. Hi Nick,
    The opportunities you have found are very popular trends recently. I can definitely see their potential of growth in the future, especially for the one on biofuel. Fossil fuel can be used up one day, and its supply is not stable because of political reasons. I think biofuel will be a great solution before electric vehicles become affordable for everyone.

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