From many news and stories concerning the stock market in America, it is evident that many people are shocked by the fact that more than a third of the American usually invest in Stock. This trend is advancing because more than two-thirds of the people who invest their money in savings accounts are receiving low rates of interests hence making such investors look for other options. Investing in stock market is one of the alternatives they are considering.
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— Paul Mampilly (@Paul_M_Guru) November 9, 2017
However, one significant factor that is preventing such investors from investing in stock is the primary risks involved in the stock market. Additionally, many people do not have good knowledge about how to invest in stock market. It because of these reasons that Paul Mampilly, an established and experienced financial expert has given some relevant insights to investors who have a desire to know which stock to purchase.
One area that Paul Mampilly encourages the investors to consider is the field of technology and innovation. He says that people who bought stock shares in companies that manufacture cell phones are now enjoying the marvelous profits from the investment. He also foresees that in future most Americans will prefer owning electric automobiles to the previous ancient cars that utilize gasoline as a source of energy.
Another area that investors should consider is the field of medicine. According to Paul, specific medication is a future technological trend. This field entails use genetic testing as a method of accurately diagnosing diseases such as cancer. The genetic profile of the patients will facilitate the doctors to know and understand the personal DNA code of the patient.
Currently, most Americans are eating in their best restaurants more often than before. Due to this many people are more interested in taking healthy meals than before. But the problem is that it is hard for restaurants to cater for consumers that are conscious about health. Food delivery systems that focus on healthy meals are preferred future investments that will solve the problem.
Paul Mampilly has a master’s degree from the University of Fordham explicitly dealing with business administration. After graduating, Paul became an assistant portfolio manager for the Bankers Trust. As he served in this bank, Paul gained more knowledge and skills in investing. As a result, it made him get into higher positions at law firms such as ING and Deutsche Bank. Since then he has gained more than twenty-five years of experience in investing.
About Paul Mampilly: dailyreckoning.com/author/pmampilly/