Posted August 04, 2022
By Ray Blanco
What Makes a Good Tech Investment?
I’ve been a successful tech investor for 30 years.
In that time, I’ve watched tech trends come and go.
And while tech stocks can make you unbelievably rich...
Bad stock-picking can send you to the poorhouse quick.
Especially in today’s volatile markets.
So it begs the question... What makes a good tech investment?
There’s one rule that I follow when investing in tech, and it’s served me well over my entire career…
And today I’m going to share my secret to stock-picking success...
Thirty years ago, investors like you and me could barely scratch the surface of the stock market.
If you wanted to invest in a small company with a big idea for the world, you’d have to call your broker to make the trade.
And the trading fees were enormous.
Doing your homework on these companies back then was even tougher -- without the internet.
Nowadays, research and trading are as simple as two clicks of a button.
But even back then, my rule made it easy for me to choose the right stocks...
I only invest in companies that I believe in.
Companies that are making the world a better place.
And I do well by doing good.
I know it sounds simple, but belief is a powerful thing.
And thanks to technology, it’s easier than ever to invest in innovative companies than ever before.
Think of all the things that have changed the world that you can invest in today…
Space technology has created items like baby formula, cochlear implants and artificial limbs.
Furthermore, companies like Starlink are keeping their promise of bringing broadband to areas of the world in broadband dead zones. And the space program was revived alongside the launch of SpaceX’s Dragon — bringing the launches home from Russia.
Electric vehicle companies are creating a cleaner, cheaper way to travel. And to go even further, Tesla and other companies are using their battery technology to bring backup energy to places like Australia that have had serious issues with fluctuating power outages.
And if that’s not enough, let’s look at what tech companies have done in the wake of COVID-19 — specifically biotech.
The novel coronavirus has eluded scientists for many years before the pandemic, as it was tough to nail down with normal vaccine technology.
And yet, faced with this adversity, we not only have one working vaccine, but nearly half a dozen.
With this too, Moderna and Pfizer have cracked the code on two vaccines that are unlike anything else we’ve developed in human history.
Their mRNA vaccine technologies have the chance to be applied to other debilitating diseases…
Even for targeted cancer cells in patients.
Tech continues to be the best place to put your money because it gives you the chance to do this kind of good for the world.
And when good is done, markets react overwhelmingly positively to the results.
Moderna’s stock, for instance, at the beginning of 2020 was around $20.
By the end of that year it had reached over $150 and would even go as high as $480 earlier this August.
So when it comes to finding these companies, that’s where I come in to help.
Not everyone who invests has the time or effort to do their due diligence researching each and every one of these companies.
You can scour the web for interviews, look at their balance sheets or go on what other talking heads are saying.
But when it comes down to it, what product they deliver in the end is key.
And with me, you get a boots-on-the-ground approach to find out if these companies are legitimate.
My approach is to interview people where I can, do my own research, and if necessary, go to the companies themselves to take tours of the facilities to see them for myself.
If I invest in a company, I want to believe in what they’re doing.
I want to believe that they’re going to do the best for the world around them.
And if I can make a quick buck on the way, that’s even better.