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posted on 03 June 2017

Stats Confirm: The Road To Wealth Is Still Paved By Tech

by Michael Robinson, Money Morning

Article of the Week from Money Morniing

I'm writing today to ask you a simple question: Would you like to earn a 49,000% return on your investment?

Please don't think I'm just being rhetorical here.

pile.of.money


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You see, I've been telling just about anyone who will listen for the last four years that the Road to Wealth Is Paved by Tech.

During that period, we've often been met with deep skepticism from the national media. But a there's a powerful new stat that proves what we've been saying all along.

A recent article in The Wall Street Journal showed that the single biggest-gaining stock since 1926 is a tech leader I've recommended many times.

Thanks to its 49,000% return, had you put $10,000 into Amazon.com Inc. (Nasdaq: AMZN) back when it went public in the late 1990s, you would have walked away with $4.9 million.

Clearly those returns are once in a lifetime.

But the fact remains that you must do two things if you want to absolutely crush the market…

  • You must invest in high tech.

  • You must establish the right guide to help you separate the winners from the losers.

And today, we'll figure out how to do both…

Four Years of Smashing Markets with Tech

No matter what the market conditions have been since I founded this service back in March 2013, I've kept the faith about how the right tech investments can change your life.

Just a few days ago, I got a note from a colleague who happened upon a clip of me as a guest on FOX Business News in 2013. There I was pounding the table that investing in tech is the best way to make sure you have enough money to retire. My colleague wrote in the text:

"Everyone should have listened to you then - They would be rich now."

Proof in the Pudding

I felt vindicated by the WSJ's article on Amazon's amazing returns. So let me share some of its key data points about tech's impact on people's portfolios.

Of the five "super stocks" that account for a total of 10% of wealth created in the market from 1926 to 2015, four were tech-centric firms.

Exxon Mobile Corp. (NYSE: XOM) was the leader with 2.96%. It was followed, in order, by Apple Inc. (Nasdaq: AAPL), General Electric Co. (NYSE: GE), Microsoft Corp. (Nasdaq: MSFT), and International Business Machines Corp. (NYSE: IBM).

And that's based on data that don't include the past 17 months, during which tech has gained roughly 20%. Amazon tacked on nearly 40% returns itself.

Since early January 2013, the S&P 500 has gained roughly 65% - no doubt a very good return. But during the same time frame, the tech-centric Nasdaq gained just shy of 100%.

In other words, if all you did was buy a basket of tech shares, you would have not only doubled your money in just four years, but you also would have beaten the broad market by roughly 53%.

But if you had the right tech investing guide - the right guru - to help you along the way, you would have done better - much better.

And I can prove it…

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