The best performing investors are the investors that can 'predict' the future the best.
Nobody knows how the future will look or how it will change, but it is essential to do research and have your own educated guess on where we are heading, and then invest accordingly with a well-diversified portfolio. A vision of the future is key to success for investors.
My best investment ever was when I invested in Nvidia in April 2016. The share price was then $36, today it is trading at $378 (950% return in 4 years).
The reason why I invested in Nvidia back then was that I knew Nvidia’s products will be in high demand over the coming years (artificial intelligence and graphic processing units used for gaming, professional visualization, and cryptocurrency mining).
Sometimes we guess the future wrong and make bad investment as well. Personally I was highly invested in Steinhoff a few years back and look what happened.
We all make mistakes, but that’s how we learn. Sometimes we win and sometimes we lose, but as long as you are winning more than you are losing, you wealth will grow.
So my personal predictions for the next 5-10 years are:
My team and I believe that there are many more companies that will dominate industries and outperform the market. We are invested in those industries and companies. To view the companies that we like and the companies that we are buying and selling as times goes on, you can download the FinMeUp app on the App Store and Google Play and view our stock picks which are one of the features on the FinMeUp app.
Always keep in mind that you should not just follow someone else’s opinions, research and predictions, but always do your own. Everybody actually knows so little if you look at the big picture. The best we as individuals can do is to learn every single day.