Everyone who invests wishes they could have a crystal ball to figure out what the next hot investment trend is going to be. It’s a good wish, but not a practical one, so it’s down to reading the tea leaves to figure out what is most likely to take off in 2019. Changing attitudes towards marijuana, green energy, and privatizing space exploration are leading the pack for the hottest investment trends and for good reasons. The potential for solid growth is in all of these industries as they mature and become the next wave of sensible products that the world needs.
Image via Flickr by Rick Obst
The decriminalization and legalization of the infamous mind-altering herb is gaining traction even in a political climate that looks askance at the use of recreational marijuana. However, corporations are looking into the concept of marijuana as a potential cash crop as more states flaunt the federal government and legalize. It’s a sure bet that more states will follow the examples of the ten states that currently allow legal marijuana as they seek out new streams of revenue. It’s an industry, albeit an unusual one, that’s poised for explosive growth as people enjoy the end of marijuana prohibition.
Elon Musk may be the most famous person to get his SpaceX program off the ground, but he’s not the only one. NASA and other governments around the world have largely backed off their space exploration programs, leaving a void that private companies are stepping into. Transporting space cargo like satellites is a mature industry and the focus is now bringing the cost down along with getting humans into space. The newer aerospace industry players are worth investing in as they push the limits of technology. Aerospace companies are also a great option to make money with penny stocks as the smaller companies will be lifted along with the major players.
Green energy is another industry that’s poised for growth due to the growing awareness of the need for renewables. Couple that with the fact the technology behind the renewables is getting better by leaps and bounds and you get an industry that’s going to become a serious contender with traditional forms of energy generation. Again, major corporations are starting to invest in renewable technologies such as wind turbines and solar panel fields. This effort is going on around the world as countries are figuring out they can free themselves from dependencies on oil and gas to power their homes and businesses.
It’s important to not dismiss green energy as a fad. The oil crisis of the 70s prompted people to start looking at renewables, but technology wasn’t up to the task. It fell by the wayside as oil prices came down. Nowadays, people are tired of pollution from said industries and want responsible energy generation to have an earth that’s worth living on.
All of these industries require research before investing, but they are the wave of the future in terms of things that become a part of daily life. The potential for them to become hot in 2019 is very strong indeed.
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