Over the course of the semester, Professor Sistrunk has guided us through thinking about the
more practical side of how technology has changed the way businesses and people, respectively,
interact with one another. This has been particularly helpful in making sense of details we may have
otherwise not paid attention to such as the function of an PBX within a small or large business –
nonetheless it has been a great introduction to thinking about how technology will become increasingly
relevant as we progress through our lives as businessmen. Professor Sistrunk has also made it a point to
stress financial responsibility as well as building wealth, so let’s get to the meat of this post – investing in
technology for outsize returns moving forward. Technology is the future, right?
Below: two primers on the stock market and some terminology for you to acquaint yourself with lest
you shake yourself out while discussing the market with your friends.
http://saraserina.hubpages.com/hub/How-The-Stock-Market-Works-An-Easy-Primer-to-Understand-
Stocks-and-the-Market
to explore long-term price charts – and how beneficial it would have been to invest when these
companies and their technologies were still at an early stage. Unlike more opaque industries which we
may not understand (metals & mining, durable goods), technology companies which produce hardware
we use can be easier to understand. Early stage companies are inherently riskier (lack of performance
history, but with more risk comes more reward.
Identifying companies to invest in may be a challenge. Mr. Odebode mentioned 3D Systems (DDD) a 3D
printing company, however there are many, many more. Find below Deloitte’s Technology Fast 500, an
annual ranking of the fastest growing technology companies and a three-year old Forbes article on
choosing technology companies. Happy investing!
This is a great post Izere. The stock market is the best way to make money while you sleep. Any investment strategies that can pinpoint opportunities to increase your portfolio are worth liquid money so I thank you Izere. I definitely will look into the hottest tech companies. That article alone will raise the price.
ReplyDeleteI agree with Mr. Thompson. This post was very informative, and as someone who is not as familiar with the markets as I would like to be, this allowed me to have an idea of what to look for. Also, it's great that a company like Deloitte would provide information on the fastest growing technology companies; what a great firm!
ReplyDeleteI like this blog post.
ReplyDeleteThis was a great post and helped educate me more about some of the companies you listed in the article and how they operate.
ReplyDeleteThis is a good post to think about. The point you made about investing in the tech giants when they were small ties back into discussions earlier in the semester when we talked about risk and reward. With that said, I'm sure many of us are disappointed our parents didn't invest when they were smaller.
ReplyDeleteThis is an interesting article. I'm ineretedin knowg if there are stocks for Morehose
ReplyDeleteI really appreciated this post, mainly because i just wasn't aware of a lot of the information that was provided. And as Mr. Bamgbose mentioned, it is great to see that companies would provide information such as Deloitte have done, that has allowed anyone to access information on the fastest growing companies. Overall this post was very informative.
ReplyDeleteTech is definitely the way to go, and I believe that we [college students] are the demographic that is in the best position to notice the next apple or google. As a nation I believe we should invest in more science, technology, engineering, and mathematic programs to really propel us into the up and coming decades of the century. For instance we would be able to utilize a lot more technologies if we were to have a fiber optic infrastructure for high speed internet.
ReplyDeleteI agree, technology is the next frontier. As technology is becoming more and more involved in our lives it is becoming more and more involved in different investment portfolios. If you look at US companies with the biggest market cap, 4 tech companies are in the top 10: Apple, Google, Microsoft and IBM, which is change from the way it was 50 years ago when industrials lead the top market cap list.
ReplyDeleteI think this is a great post. Investing in technology is probably the safest bet since most of our lives evolves around technology. Especially with a lot of companies collapsing because they are not innovative enough to keep up with the trend of the market due to technology changing it.
ReplyDeleteI have really never looked into investing in a company but this post definitely persuaded me to one day do so. It does look like a hard task to know which companies to invest in. But, technology is not only the "future" but it is the "now", and we need to start taking a real advantage of it and make some money.
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