The 19th century was the century of chemistry. It was built around oil and steel. The 20th century was dominated by physics with the invention of flight, cars, and electronics. I believe the 21st century is the century of biology.
Why is this important? Because it means significant opportunities for you as an investor. Biology, especially in the healthcare industry, is becoming a money making machine. Think beyond the typical drug market. We are seeing huge advances in medical devices.
From pacemakers to devices which monitor bodily functions, the way we administer care is rapidly changing. This year I was joined on the air by two different leading professionals in the medical development field. It’s a booming industry.
Most recently, Sean MacLeod, President of Stratos Product Development, joined me on About Money. This innovative product development company works primarily in the medical field.
What do these two companies have in common? They are led by forward thinkers who challenge the status quo. I’ll say it time and time again: disruptive technology is the key to success.
For more information on all of these topics, I encourage you to listen to About Money, a weekly podcast and radio show. You can also follow us on Facebook and Twitter for blog updates, podcast news, and more!
I want to hear your opinions; please leave a comment below and let me know your thoughts.