If you really want to surf the next wave - here's how to do it
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.
Leave a comment
Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.
comments ( 4 )
read review
02 Apr 2014Rattling great information can be found on web blog.
Replyglass top dining table
16 Sep 2013An interesting discussion is worth comment. I do think that you ought to publish more about this topic, it might not be a taboo matter but generally people don't talk about such topics. To the next! Cheers!!
ReplyRaihan
11 May 2012I seem to believe that blogs are the new trendy spots for people to invest in. It's a simple concept that generates tons of followers and advertisors are lining up for bloggers to write up a piece for them. I know a blogger who started her blog as a daily diary and due to her personal flair for writing and dressing up, generated many readers and soon many big companies were paying her to try a product or wear a particular item and review it. It works for both parties and lots of people get exposed to this particular brand or item. All you need as a blogger is a laptop and that's done! No need for office space or employees.
ReplyEllah
08 May 2012It's both exciting and worrying looking at the rate of change/waves in technology over the past 10years. We have definitely come a long way,but there are too many gadgets, apps and social media platforms all happening at the same time.
ReplyI just hope the rate of progress slows down a little so we get time to enjoy the new technology a bit instead of juggling everything at the same time. What's that saying, 'too much of a good thing..'