Paul Mampilly Points To One Single Industry As The Best Investment For 2018
Paul Mampilly is a senior editor with Banyan Hill Publishing who left Wall Street in his early forties in order to help aspiring investors to become better investors. Recently, he has been suggesting that people should look into a couple of important investment opportunities. While fintech is trending right now, and is still a good investment, he believes that investors should diversify in order to protect their assets. There is always a good chance that the market will bottom out as many investors are looking for the next bear market to take place.In his investment newsletter, Profits Unlimited, Paul Mampilly guides investors towards investments that have great potential.
He has been correct that 2018 would be a good investment year in the stock market where investors could expect to have gains similar to the gains that took place in 2017. He has been recommending exchange-traded funds (ETFs) as a solid investment opportunity in 2018, and investors would be wise to pay attention to his investment recommendations. Investors who listened to Mampilly previously have seen big gains as the SPDR ETF increased by 13%.Paul Mampilly has also been trying to alert investors to the Internet of Things (IoT). This industry has to do with devices or items that are connected to the internet in order to improve what they have to offer.
Some of these include smart cars, smart homes, tablets, household appliances, and more. Paul Mampilly has pointed out that the IoT is projected to grow as a billion dollar industry into a trillion dollar industry. He is targeting this sector as one of the best potential investments for 2018.Paul Mampilly is a well known investor who has been featured on Bloomberg TV, Fox Business News, and CNBC. He is a former Wall Street professional who decided to semi-retire at a younger age. While he usually makes the correct calls, when it comes to investing, he is humble enough to learn from any mistakes he has made. Paul Mampilly supports the arts and culture in his community and also supports educational initiatives and causes that benefit children. He continues to help regular Americans become better investors.