Investing for retirement, wealth, or just to get some much-needed experience should always result in gains rather than a loss. Some companies make for solid investments much of the time, but the way that the market goes up and down can still make some trades a bit risky. Dollar Cents offers sound money-saving advice that you can follow at any age, whether you’re about to retire or just starting a career out of college. Here are some of the best business industries that you should be investing in so that your financial future is bright and stable.
Robotics and Artificial Intelligence
In Japan, there are robots that are performing entire surgeries on human beings, virtually unassisted. There are also robots being developed to assist paralyzed people in living independently. Some robots are for learning and others are for research and even pleasure, but it is thought that robots will soon become a much bigger part of the global landscape. Investing in robotics and artificial intelligence is a smart move nowadays.
Hospitals are investing in robots that can be used to safely transport patients and even place them on hospital beds and operating tables. Cozmo is a tiny robotic toy for children. It features artificial intelligence, seemingly having a personality all its own. People are interested in robots because they make life simpler, but they can also be companions and caregivers with the development of artificial intelligence.
Green Energy Solutions
Humanity cannot survive on the widespread use of fossil fuels for much longer. Cars are being developed to run on solar energy and electricity as opposed to gasoline. Homes are becoming more efficient when it comes to heating and cooling. Even manufacturing facilities are becoming more environmentally friendly, as green energy not only seems to be a good way to preserve the environment; it’s also a lot cheaper.
Look at cars that are running on used cooking oil instead of regular fuel. Of course, there are some adjustments for drivers of converted vehicles at first, but it doesn’t take a lot of time for them to get used to paying nothing to fuel their cars up. If you want to have a strong investment portfolio, you need to look into green energy.
In some schools, children are learning secondary languages from kindergarten onwards, through the 12th grade. Businesses from Spain, China, the United Arab Emirates, Taiwan, the Netherlands, and Nigeria have trillions of dollars to spend in the United States and language is no barrier for etching out major deals. Translation services are needed to help business owners communicate in person, as well as to translate written documentation. If you invest in this sector you aren’t going to lose.
Fill up your stock portfolio with companies that belong to the above-mentioned industries and you are going to see the value of your investments go up, up, and up some more. Remember to pay attention to changes in the global and domestic markets, as the best industries for investments can still change. It would be worth it to hold onto stocks in the green energy, translation, and robotics industries until they start to lose popularity.