Investor Insights:
- The tech sector has run up 555% over the last 10 years.
- 1 million knowledge-work jobs will be replaced in 2020 by software robotics.
- I recommend a tech ETF that’s up more than 190% since 2016.
Recently, my 8-year-old daughter proved something powerful to me about the market…
Tech is the greatest disrupter out there, and we still have massive opportunities to take advantage of it.
I know you may have some doubts.
“The tech sector has run up 555% over the last 10 years. I missed out on one of the biggest millionaire-minting trends this decade. I need to focus on something else to win now … like oil or other energy sources that power the market.”
Well, my daughter doesn’t want to sleep next to a barrel of oil. She does want to sleep with her tablet, though.
Often, I see her curled around the opaque rectangular device, hugging it in her sleep as if it were some mechanical doll.
In that sense, tech is the great disrupter.
It doesn’t just make our lives easier. It replaces things that we used to rely on. In this instance, a tablet could replace my daughter’s doll — the toy she used to sleep with.
And this is big, even if it sounds mundane. Dolls are like humans to kids, after all.
If she starts from an early age to rely on tech instead of humans or human-like things, then tech will assume a role in her life that it hasn’t for very many kids in the past.
And that’s just one way it’s fundamentally changing how we live.
We can’t ignore this. We must consider it, embrace it — and invest in it smartly.
Today, I have one perfect way for you…
Humans? We Don’t Need No Stinking Humans!
The ramification here is that there’s a whole lot of money to be made by investing in tech.
I know you know that.
And I know that many of you have already made a lot of money from tech.
We get emails from you all the time about it, such as these:
Tim S. wrote:
I am feeling good with the gains on my [tech] stocks — 59% on AES and 56% on Ciena. Thanks!
John M. wrote:
I took your advice for TKC and made instant $$$. … What a great stock.
(Thanks for reaching out, Tim and John!)
But there’s still a long way to go in this journey — with a whole lot more money to make.
Take robotics, for example.
A research firm just reported that 1 million knowledge-work jobs will be replaced in 2020 by software robotics, robotic process automation, virtual agents and chatbots, and machine-learning-based decision management.
Analysts expect the global market for automation services to reach $7.7 billion in 2020 — and grow over 55% to $12 billion in 2023.
And here’s a timely example: As the holidays come around the corner, I’m seeing reports of automation ramping up at warehouses. After all, online orders can explode tenfold during the winter holidays as consumers race to find the best tech for their families.
In fact, France-based Geodis SA is increasing its robotic workers by 75% to help workers in U.S. warehouses as the holiday rush comes.
I could give you hundreds of other examples.
Machine learning is helping robots figure out on their own how to solve problems on the manufacturing floor.
Gold miners are using driverless vehicles to produce the shiny metal at their mines.
The opportunities for tech to fit seamlessly into our lives are endless.
So no, you haven’t missed your opportunity. That’s why I say…
You Need to Learn More About the Latest Technology
As much as we can do today, this tech phenomenon is in its early stages.
There’s still a lot of money to be made by investing in the companies that are pioneering these advances.
So I encourage you to learn more about them — today. You may not realize how many ways tech affects you.
If you are looking for an investment that supports this boom right now, look no further than the iShares PHLX Semiconductor ETF (Nasdaq: SOXX).
Its performance has been solid. The exchange-traded fund (ETF) is up more than 190% since 2016:
SOXX owns names such as Nvidia, Intel and Broadcom. The semiconductors these companies make power much of the technology that we enjoy today.
The tech stocks this ETF owns just keep growing! So I urge you to invest today, and keep tuning back in for more tech news.
We’re always keeping an eye on this sector for you.
Good investing,
Editor, Profit Line
P.S. My colleague Jeff Yastine is on to this. He has recently spent months researching a tech that’s already making money for his subscribers. Learn more about this incredible tech and the stock spearheading it here.