When it comes to investing, you need to invest in trends that will be popular in the future. This is sometimes hard to figure out, but smart investors like Paul Mampilly do a lot of research and analysis to figure out which trends will be a passing fad and which ones will be solid and break through. 3D printing is one trend that Paul Mampilly believes will be a thing of the future.
— Paul Mampilly (@Paul_M_Guru) July 27, 2017
The reason this will become more and more popular is that it will change the construction industry in a big way. It will change our lives as well. Until now, it took months or years to build a nice house. 3D printing lets you literally build a house in just a few days or less. Think about how this will affect communities that are often devastated by hurricanes or tornadoes, or any other natural disaster for that matter. Until now, it could cost millions or billions of dollars for these communities to be rebuilt, and there was no telling whether or not there would be another natural disaster in just a few years that would again cause a lot of destruction. However, with 3D printing, rebuilding will be quick and easy. Most of all, it will be affordable.
The prescription drug market is a great opportunity for investors as well. Until now, you had to go to pharmacies in order to get prescription drugs. The process that these pharmacies used to get their drugs was long and arduous, which was why it was not always so profitable. However, there is a belief that Amazon will get involved in the prescription drug market, as it has done with other markets, such as when it bought off Whole Foods. When Amazon gets involved in the prescription drug market, they will make the process much easier and simpler. It will reduce costs. Pharmacies get prescription drugs from middlemen, who charge a large fee, which drives up the costs of drugs and reduces profits. With Amazon in the picture, investors will have a better chance of profiting. For now, Paul Mampilly says to avoid purchasing stocks in those pharmacies, because they will be hit by Amazon and drop.
Paul Mampilly is an investor who has won the Templeton Award for investing. He is the Senior Editor at Banyan Hill Publishing and the Founder of Profits Unlimited.
About Paul Mampilly: twitter.com/MampillyGuru