Capitalism can and has been a major, world-changing force for good, and also for evil. If you have a big or modest budget doesn't matter. What matters is socking away as much as you can consistently for emergencies, vacations, college, retirement, mad money, etc.
I see the future like this:
- WATER (all you have to do is Google or YouTube "global water crisis" and you'll see for yourself how incredibly valuable this is becoming to the marketplace. Knowing that poor people get screwed throughout history, you'll not want to be among them when water gets scarcer)
- MEDICAL MARIJUANA (screw Jeff Sessions and look to Canada)
- CLEAN ENERGY (we just have to make this work)
- ARTIFICIAL INTELLIGENCE AND ROBOTICS (even the most soulful and socially responsible corporations will have to rely on these more and more to stay in business)
I won't make specific recommendations because that's probably an SEC violation (not that any government institution under 45's administration has any teeth anymore, but I'm a minority. Why run the risk?)
Research those four categories to the best of your ability. If it bores you, find ETFs to diversify your risk. Talk to financial advisers for their professional opinion. Consider starting an investment club with people who have similar time horizons and investment goals (www.betterinvesting.org)
Make someone else's day magical!
Mackenzie
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