New Economy Vs. Old Economy: How Can You Maximize Profits as Digital Trends Take Over?
We are collectively holding our breath as Election Day approaches.
There are concerns that even after the ballots are counted, uncertainty, chaos and social turmoil will further rock the country.
Frighteningly, the backdrop to all of this is a worsening pandemic and mounting national debt.
In this special seven-minute video segment, I speak with Senior Analyst Tony Sagami, who says that, from an investment standpoint, none of these issues stand in the way of major profit opportunities, thanks to the “new economy” that has taken hold.
What’s the “new economy”? Well, stay-at-home trends are driving certain tech stocks into the stratosphere. Tony explains:
For every dollar other investors lose in brick-and-mortar, I think you can make at least a dollar, may be double or triple that, in the modern digital economy.
Trillions of dollars are going to flow from the old to the new, and if you try to swim against the tide, you’re going to lose a lot of money. But if you swim with the tide, I think you can make a mountain of money.
In this insightful interview, Tony discusses:
- Stark differences between “old economy” stocks and “new economy” stocks, and their impact on profit potential.
- The soaring tech stocks aligned with stay-at-home measures.
- Why it’s smart to keep a “K”-shaped stock market in mind.
- How options can magnify your profits in a volatile market.
And more!
The information in this seven-minute segment couldn’t be timelier. I suggest you watch it now.
Happy investing!
Jessica Borg
Financial Anchor
