Just two weeks ago, I released my 2017 Legal Marijuana Forecast.
Despite the many legal victories and the nice returns cannabis investing has already brought in the past year, it was a very bullish report.
However, I've been hearing from some of you.
You're worried about the future of medicinal marijuana investing.
Lean in – I want to let you in on a little secret.
Much of what the technology crowd – the media, marketers, analysts, etc. – tout to you as "disruptive" often isn't.
I have to admit, I even do it myself sometimes in an effort to grab your attention. (Though I hope I always follow up those small bits of of hype with solid, profitable guidance – and that's why you stick around.)
Consider cloud computing.
Many folks think of the cloud as a brand-new innovation. After all, the cloud didn't really get much traction on Wall Street until five years or so ago.
But really, the seeds for software-as-a-service (SaaS) were sown nearly 20 years ago. Back then, most folks logged onto the web using painfully slow dial-up connections – and so delivering and storing data and software on the internet couldn't get much traction.
Well, it's getting traction now: According to IDC, SaaS spending alone will be worth $50.8 billion by the end of next year – and will surpass $112.8 billion by 2019.
In other words, even though cloud computing got started back in the internet's "Stone Age," there's still plenty of money to be made here – if you know where to look.
Of course, you could invest in one of the cloud giants – say, Amazon.com Inc. (Nasdaq: AMZN) or Microsoft Corp. (Nasdaq: MSFT). But I like to dig deeper for you folks.
I like to find under-the-radar, "secretive" companies that can produce bigger and faster profits than those usual suspects. And I've found one that got its start as an SaaS provider of human-resources technology nearly 20 years ago, at the dawning of the "cloud era."
Now, after going public less than three years ago, this firm growing faster than ever – doubling its sales roughly every 2.5 years. (With its share price following closely behind, helping its investors absolutely cream the market.)
That's going to keep happening.
Like many of you, I spent this morning glued to the television, watching the Inauguration Day festivities – and chaos.
And I expect to spend some more time tomorrow checking out whatever protests are going on.
But that's it. No more distractions.
After that, it's back to following Rule No. 2 of Your Tech Wealth Blueprint – the five-part system we use to identify the companies best positioned to yield hefty profits… the ones we want to invest in.
That means it's time to buckle down and "Separate the Signals From the Noise."
Turn off the news for a while and concentrate on following another one of our Tech Wealth Rules – No. 3 – "Ride the Unstoppable Trends."
And one of the biggest tech trends going today has little to nothing to do with the presidential transition or the new administration's goals – but it's still unstoppable, and that means we need to keep watching it.
I'm talking about the need for broadband wireless internet speeds … known in the industry as 5G.
Today, I'll not only show you why 5G is destined to become a vital Singularity Era technology that will change the way we work and live.
I'll also show you how the need for 5G speeds affects me personally – and millions of other Americans.
Better yet, I'll reveal a fast-growing, small-cap company that's already playing an integral role in bringing 5G to "the masses"… and is poised to hand its shareholders market-crushing gains.
Donald Trump promises to create 25 million new jobs over the next decade with his economic plan.
And as we've been discussing over the past few weeks, I think that plan is a good one – and will be very good for tech companies and their investors.
However, there's also this…
Robotics and artificial intelligence – "automation," in a word – will eliminate tens of millions of jobs over that same stretch.
By any measure, 2016 was a great year – a watershed, in fact – for the tech- and pharma-heavy cannabis niche.
For instance, ever since Sept. 2, when I sent my Nova-X Report subscribers the 30 pot stock recommendations in my "weed investors' bible," The Roadmap to Marijuana Millions, we've seen incredible gains all across the market sector.
And what had been a phenomenal year got even better with a massive victory: On Nov. 8, voters in five states (five juicy untapped markets) voted to legalize medical and recreational marijuana. That boosted the cannabis niche's growth prospects immensely. Remember, this is an investing arena that was already expected to grow by more than 31% a year until at least the early 2020s.
But… the buoyant marijuana markets took notice when President-elect Donald Trump tapped U.S. Sen. Jeff Sessions (R-AL) to be the next U.S. Attorney General. The nation's would-be top cop is known for his, shall we say, "retrograde" views on marijuana – legal and otherwise.
Every company is a tech company.
We came to realize this on Aug. 1, when the four most valuable companies in the Standard & Poor's 500, for the first time ever, were all "pure" technology companies.
That was the birth of the Singularity Era – with overlapping "rings" of technology, such as the cloud, mobile, chips, sensors, and software, all interconnected.
The market has had a blistering run since Nov. 8 – with the Dow Jones Industrial Average up 9% – but plenty of the "experts" on Wall Street are pessimistic about Donald Trump's effect on tech stocks.
These folks believe that Trump's tough trade stance will hurt tech because the big global players manufacture many of their products overseas.
"I would avoid [big tech stocks] in a big way," DoubleLine Capital CEO Jeffrey Gundlach said a week after the election. "The basic fundamental underpinnings of [big tech stocks] disappeared one week ago today."
Technology will be the one sector of the economy you can count on for high growth in 2017.
That may sound hard to believe, because tech slightly lagged the broader stock market through the first 11.5 months of 2016. But that was largely because life sciences fizzled.
But tech stocks are going to resume their leadership position in 2017.
Therefore, if you're one of the millions of Americans trying to put together enough money for a stress-free retirment, technology is where your focus should be.
We've been talking a lot about artificial intelligence (AI) over the past few weeks.
About how the big brains at Google's DeepMind AI system say they may have developed a memory system they're calling a "differentiable neural computer" (DNC) and possibly unlocked the path to truly intelligent deep learning.
About how many of Facebook Messenger's 1 billion users are using AI-enhanced "chatbots" for their customer-service needs – chatbots that may soon be handling bill paying, shopping, delivery, and a range of other tasks.
I'm talking about developing an Investment Action Plan.
It can help make you a winner.
In fact, it can help make you rich.
