Boomers had every single opportunity to be rich - so what are the "boomer opportunities today"?
I often hear the younger generation says "the boomers had it easy. You can pick up a job, support a family and easily buy a house with low prices"
Now the market is a lot more difficult
We need degrees, large down payments etc to have the same lifestyle as before
Instead of whining about it, the real question is - what are the boomer type easy opportunities today?
If we look back 40 years from now, what are some obvious opportunities we cannot miss?
Now - answering this question is not so easy, is it? Because we don't have the same hindsight as we attribute to boomers.
But here are my best guesses:
1. Bitcoin - Limited in supply. The anti-government money
2. Semiconductor - The next 10 years of AI race will be based on chips and power
3. Solar / Nuclear power - To fully support the AI race, oil and coal wouldn't be enough. We need solar or nuclear power.
4. SpaceX type company - SpaceX is going IPO soon with a crazy valuation. Likely a ploy for insiders to dump shares at insane prices. But reusable rocket type companies will be the driver of next frontier innovation
5. Robotics / drone - Mostly China developed robots where it would automate manufacturing significant.​
What do you think? ​
Cheers,
Eric
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Eric Seto
Chartered Professional Accountant (CPA)
Chartered Investment Manager (CIM)
Founder of 5MinInvesting.com
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Eric Seto
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Boomers had every single opportunity to be rich - so what are the "boomer opportunities today"?
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