About a third of Americans have invested in stocks while the remaining two-thirds are socking all their hard earned cash in savings accounts to earn interests which mostly attracts low rates. However, there is another category of people who are more interested in other alternatives such as investments but are faced with the fear of risking all their money. Their fears are as a result of lack of knowledge and know how to invest in the stock market. Paul Mampilly a highly experienced investor, financial guru and a publisher understands well the stock market has been in the industry for decades now and offers advice to potential investors who wish to join the stock market.
Some of the areas to look out for due to the advancement made in technology are the electric vehicle stocks. Mampilly suggests that technology and innovation is the next big thing that investors should focus on. For Example, people who invested in cell phone companies some years ago are now smiling all the way to the bank because they are reaping incredible profits. Paul Mampilly due to issues of climate changes predicts that demand for electric vehicles will increase as opposed to the traditional cars that run on gasoline. Electric cars will be appealing to more people because of low maintenance costs as compared to the old fashion automobiles.
Another technological area that investors should take an interest in is precision medicine. Precision medicine is a method of treatment that involves the use of genes to accurately treat or diagnose a disease including diseases such as cancer. This will be one effective method of combating illnesses as physicians will now be able to have an in-depth understanding of an individual personal DNA Code.
Mampilly has also seen an opportunity in the food industry where there is increased demand for healthy meals. People are becoming more and more health conscious however it has not been easy to find restaurants that are health conscious. Investors who are looking out for investments in the food industry should focus on healthy food delivery systems which are becoming more popular than eating in restaurants, and more information click here.
About Paul Mampilly
Paul Mampilly is a former hedge fund manager and has vast experience spanning decades in the financial sector. Mampilly is currently a senior editor at Banyan Hill Publishing. Mampilly has previously served in a couple of financial institutions which include Bankers Trust, Swiss Bank, Royal Bank, Deutsche Bank and ING among others.
Mampilly holds a BBA in Finance and Accounting from Montclair State University and an MBA in Finance from Fordham School of Business.