Who’s the next Apple?

Who’s the next Apple?

And why NOT to ‘bet’ all on it

Who’s the next Apple?

Those who invested in the early stages of companies like Apple, Microsoft, Amazon, and so on have seen their investment multiply over the years. If someone had chosen to invest $1,000 in Apple after its IPO on December 12, 1980, or in Amazon after its IPO on May 15, 1997, they would now be millionaires.

Seen this way, it seems too easy, right? I set aside some money to invest in what will become the Amazon, Google or Apple of the future and after a few years I’m a millionaire. In reality, this is not the case. For a company that grows in value exponentially, there are a hundred, a thousand or ten thousand that do not reach the finish line.

The truth is that identifying many years in advance the companies that will become market leaders is like finding a needle in a haystack. Moreover, you have to consider that if you “bet” on the wrong shares there is the risk that after many years you will find yourself with a fistful of flies in your hand, thwarting all the sacrifices linked to periodic savings.

None of us has a crystal ball to bet with certainty on the single “right” stock

There is, however, something each of us can do to remedy this problem. What? Diversify risk, that is, avoid putting all your eggs in one basket, so as not to run the risk that they will all break when they fall. The same goes for investments concentrated in one instrument: we would expose ourselves more to the risk of suffering high losses.

In order to diversify risk, in essence, it is necessary not to put all our money in a single asset, but to invest it in several financial instruments, possibly with little correlation between them, i.e. that have a trend that does not tend to go in the same direction.

Who’s the next Apple? And which way is best following to maximize profits?

If you’re interested in knowing more about the tools, methods and actions can allow you to reach the financial goal of one million euro, read the book One Million for my Daughter = https://onemillionformydaughter.com/

The volume is divided in three parts:

First, it explains the reasons and strategies that lead to the million through an accumulation plan powered by periodic “intelligent” savings.

The second part analyzes the assets and financial instruments to be used to achieve the goal.

The last part is an insight into the author’s personal finances. Pietro Di Lorenzo shows how, with his personal finances, he is working to pave the way towards one million euros for his daughter, also riding the wave of mega trends.