If you really want to surf the next wave - here's how to do it
Learning to surf a wave is not the easiest task in the world to do. It requires a certain amount of skill, some balance and a whole lot of determination. And... it requires practice.
In the dotcom boom, everyone who was not inventing an online business, were buying up shares so that they felt part of it. The problem was, that by the time the publicity hits and consumers are encouraged to buy shares, the fat cats in corporate finance and early investors have already made their dough.
In the dotcom boom, everyone who was not inventing an online business, were buying up shares so that they felt part of it. The problem was, that by the time the publicity hits and consumers are encouraged to buy shares, the fat cats in corporate finance and early investors have already made their dough.
Then there was the property boom. Likewise, if you were already stacking up your property portfolio and had the good sense to sell when people were paying ridiculous prices, then you made a fortune. If you held on to it, chances are that your property is now worth less. For the really unfortunate, who subscribed in the property boom to listening to financial planners who were more interested in the mortgage trail than your ability to repay a loan, then it may have meant a complete disaster.
If you look at some places in the US today like Atlanta, I am sure that the property scene has hit rock bottom, which for any buyer is a good thing. If you want to ride the property wave in Atlanta in 4 or 5 years time, now is the time to invest. I know I will be stacking up my property portfolio there as is many of my smart investor friends. But I am no Einstein, and I am certainly not a fortune teller, so like most things, this is a gamble, albeit, a reasonably sound one.
Of late, there has been alot of talk about social networks and apps. They are going through the roof in terms of valuations for any social network that has more than a million followers or any app that appears to have some 'smarts' in it that a bulk of consumers can use. While Instagram may have been paid $1 billion for its smart technology, don't be expecting ridiculous buys like this to continue past the next 12 months if you look at the dotcom boom as a gauge to go by. At some point, this over hyped market is going to be replaced by a new wave - but at this point few people know what that is.
My money is still on technology and its place in evolving and influencing consuming buying habits.
What do you think will be the next wave? Please share.
Note: On this marketing blog, the picture is from artist April Baker and belongs to her latest collection currently being exhibited in Queensland.
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comments ( 2 )
Brittany
21 May 2012Predicting the market and having that knack to know when to invest in property and shares must be an invaluable skill to have!
ReplyAs, like you said Mellissah, technology is really the fastest developing industry by a mile, why wouldn't you invest if you had a chance?
With the recent news of Facebook being listed at a public company with shares initially going for about US$40, now could be the ideal time to invest, as the company has a market value of abut US$113 billion.
Or is it? Predicting whether this would make or break Facebook is something to consider as the company is now eight years old and new and exciting social media tools like Pinterest and Twitter are the new buzz.
kirsty
09 May 2012Apparently mobile technology is going to boom in the next couple of months. Using m-commerce will allow users to basically use their mobiles phones as their wallet. Being able to pay for items in vending machines, parking permits, public transport and anything with a QR coding. These next few years will be exciting to see new innovations for the consumer with this technology.
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