Self-driving cars, proactive healthcare, grandma is 125 years old, and micro-dosing to manage her mental health. The future is now, and I’m here to guide you in building Indestructible Wealth in the rapidly changing landscape.
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Unstoppable Forces – Profiting From Future Tech That’s Already Here
I’m excited you are back. I’m going to deliver an incredible episode and make up for that lost time and effort. It takes a lot of effort to do a show. I don’t know if you know. It’s not like you get on here and do it. You got to prep. You got to think about what you want to say. You got to outline it. You’ve got to do the research. You’ve got to put in a lot of thought and energy. Sometimes it’s tiring. I feel like I went out and ran 3 miles. I don’t run, but that’s what it would feel like. I don’t like to lose my work. I’m sure you all feel the same way. However, everything’s no problem.
We’re going to take a look at the future here and help you think about positioning yourself in front of trends so that you can, over the next decade, move the needle on your net worth. We need to understand where we are now, where we are going, and what’s the future going to look like. I want to imagine yourself in the year 2030, and you’re sitting in your kitchen. After a brief discussion with your spouse about what’s for dinner tonight, you both decide you had a really long day. You’d like to dine out. You’re like, “F this day. I’m done with it. Let’s go do something together.”Think about positioning yourself in front of trends to move the needle on your net worth over the next decade. We need to understand where we are today and where we are going. Click To Tweet
You both already had a couple of cocktails. It’s 5:00 somewhere. You’d like to have a couple more at dinner, so you don’t want to be driving home. It’s been that kind of day. You grab your smartphone, tap an app, and type in the name of the restaurant. Within five minutes, a driverless car is in your driveway. Within five years, by the year 2035, the government has announced and declared that driving will be phased out and will be illegal.
Humans are too dangerous behind the wheel compared to auto AI-driven cars. That’s Artificial Intelligence. You’re statistically ten times to result in a deadly crash than an AI-driven car. After billions of miles of extremely low accident driverless data, they’re now able to collect all of the data from all the cars that are driving driverless throughout the country and the world, and the conclusion is too clear. Humans can lo no longer be trusted behind the wheel.
The next day, you have your annual DNA sequencing appointment. A couple of decades ago, this procedure would’ve set you back a mere $2.7 billion. Now it’s just $100. The AI-driven machine will scan your body and look for any potential defects in your DNA sequence. That’s your genetic sequence. It will pick up on anything that looks off and alert you. You know nothing is wrong yet, but the machine is flashing a red warning light.
There appears to be a change in your genetic code from your visit a year ago. You ask yourself, “What the heck happened?” You were under quite a bit of stress this past year. That has to be it. Something is developing in your body that in the future could develop into something more serious. The machine kicks out the probability of this developing into a more serious illness down the line. It says, “Forty-seven percent probability. Do you want to fix this right now?” That’s the question you’re being posed with.
You click yes, as that’s too high of a probability to delay it. Within minutes, the gene editing machine goes to work and fixes the issue. Much like you had a bug in your computer, a technical wizard comes in and fixes that bug in the software of your computer. You had a bug in the software of your body. Presto, it’s fixed. No chance of that developing into cancer. You check out paying with your favorite cryptocurrency, click on your home address in the driverless app and walk out the front door to the clinic.
The driverless car pulls up to the curb, and you’re back home within minutes. Later that evening, you realize you haven’t talked to your grandmother in a while. She’s approaching 100, although she will likely live to be 125 with the life expectancy rates nowadays. It wasn’t that long ago when 100 was very rare. Being that you haven’t seen her for a couple of months, you decided to request a hologram call instead of the phone. Just like you would attempt to facetime, you hit the hologram option, and she accepts. Your dear grandmother is in your living room, although her physical body is several hundred miles away.
You catch up on life and have a great convo. She’s having incredible success with microdosing psychedelics, the stuff from the magic mushrooms that used to be highly illegal and classified at the same level as acid and other highly dangerous illegal drugs. It’s done wonders for her depression and anxiety. In fact, the depression pill she used to take actually did more harm than good.
She tells you she can’t believe that natural plant-based therapies have been right here in front of us all along but misunderstood, misclassified, banned, and deemed illegal by our federal government. Before you hang up, she again reminds you what a great move you made to mine Bitcoin all those years ago. It’s now worth $500,000 per coin. The coins you mined and held have created enough wealth that you couldn’t possibly spend it all even if you tried. Lucky kids someday when they get ahold of it.
You say, “Grandma, do you need a Bitcoin?” You’re asking her in all seriousness. You have plenty, and grandma’s living longer than she even planned for. This seemingly fictional feature that I described sounds like something out of a science fiction movie, but I can assure you that none of it’s fictional because these things are already here, with the exception of Bitcoin at $500,000 per coin. Although I believe that has a very high probability of happening in the next five years, let alone by the year 2030.
I wasn’t describing anything that doesn’t already exist. It just hasn’t made its way into the mainstream everyday life of us typical Americans, but it will. It’s just a matter of time. Over the next ten years, the advances in technology will bring such fundamental changes to our lives. They’ll make all the progress we’ve made since the great tech revolution that started in the late 1990s pale in comparison. Everything will change.
The ways in which we work, shop, sleep, eat, travel, bank, communicate, entertain ourselves, conduct warfare and maintain our health will be drastically different. As I described in this scenario, the way we maintain our health is going to be more proactive in nature. Now, the way we treat our health is reactive in nature. Only when something goes wrong, do we typically go and address it.
Things That Could Go Wrong In The Future
The medicine of the future will be proactive in terms of looking for things that could go wrong in the future and addressing them right then and there, looking at probabilities and statistics, and using artificial intelligence to go to the core of what things could be causing issues down the road. Although we’ve seen big changes in technology during the last decades, streaming video that comes in a second or two, smartphones are 100,000 times more powerful than the ones that NASA computers used to send the astronauts to the moon. The internet and driverless technology are only incremental.
These are setting the stage for advances that will be exponential. Computing power will surpass human brain power. Artificial intelligence, whether we like it or not, will be everywhere. Millions of self-driving autonomous vehicles will flood our highways, saving lives and gasoline, reducing traffic, car insurance costs, and free enough time. DNA sequencing, which can now be done for less than $1,000, will soon cost less than $100, opening the door for the new preventative and personalized medicine I described.
The average human lifespan for anyone born in the last twenty years will exceed 100 years. Nearly everyone on the planet, even in undeveloped countries, will have smartphones and access to high-speed wireless networks through global satellite networks. 3D printers will be in every home, enabling consumers to buy and instantly create thousands of products.
My oldest son, John, who’s the tech kid of the two boys, got a 3D printer for Christmas. He’s been in the basement where we have it locked away because we’re not sure if there is any toxicity that comes off of this thing. He’s been printing steadily little items out of plastic. He’s learning how to 3D print at age thirteen. In fact, he printed and showed me a little cool little thing he’s going to give his girlfriend that he printed, where it’s like the two hands I’m making the heart type shape. John, it’s pretty solid. You might be keeping this girlfriend around an extra couple of weeks longer than you thought.
If you thought Amazon Prime was fast, wait until you turn on your 3D printer and watch it make your product in 20 to 30 minutes right there. No wait, press the button and tell it what you want. The only way to access these types of companies and trends is through the stock market or the private markets, like in pre-IPO bets, as I have previously taught you in one of my earlier episodes.
Let’s think about why we’d want to invest in smaller, early-stage companies. I want to tell you that there are two ways to go about investing in the markets. You can be completely passive, not even think about it, and buy an index fund, and you’re betting on the entire market or whatever 5,000 companies are there. You’re betting that the market over time will go up. This way of investing is more aggressive, and you’re looking for much larger returns than the 7% to 8% that the stock market historically gets.
Large, Mid, And Small Caps
Let’s talk about why smaller companies and the difference between a large company and a small company. Investors typically place a company in 1 of 3 sizes of categories. There are large caps, mid-caps, and small caps. There’s actually such a thing as microcaps. What does cap mean? My son says all the time. “That’s cap, dad.” I didn’t know what this was. This wasn’t around when I was younger. Essentially when you say that’s cap, you’re saying that’s bullshit. I’d rather he say, “That’s cap,” than say, “That’s bullshit.”
Cap is short for market capitalization. This is the term that’s used to describe the value of a company. For example, Microsoft, large cap. That’s around 2018, with $700 billion. Typically, companies with market caps between $2 billion and $10 billion are said to be mid-caps. The difference between a large cap and a midcap is huge. A mid-cap company worth $5 billion is less than 1% of the size of the giant Microsoft.
Finally, we have small caps. These are companies with market caps under $2 billion. While the difference between a mid-cap and a large cap is huge, the difference between a small cap and a large cap is incredible. For example, take a small cap with a market value of $500 million. That’s 10% of a mid-cap with a value of $5 billion, but it’s less than 1/10th of 1% the size of a large cap like Microsoft.
Large caps can be good investments. They’re typically stable, established, profitable companies. They often pay dividends. They’re great for conservative investors, but if you’re interested in making 10, 20, even 50 times your money or 734 times your money, like in Netflix, in a single investment, then we got to look at small cap stocks.
They have much greater potential to produce giant returns for their shareholders in a short time than any other company. The reason being is very simple. It’s much easier for a young $500 million small cap to grow ten times than it is for a mature $500 billion giant to grow tenfold. The small cap is operating from a much smaller base and the giant’s super growth days are typically largely behind it.It is much easier for a young 500 million small cap to grow ten times than for a mature 500 billion giant to grow tenfold. Click To Tweet
A $100 million software company creates an amazing new way to collect, manage, and analyze important information like healthcare data, financial data, or marketing data. It can increase revenue by over $1 billion, and its stock can be tenfold. However, if giant Microsoft adds $1 billion to its $100 billion annual revenue, it’s a drop in the bucket that won’t even make the news. Wall Street is not fishing in these ponds yet. The most institutional, which are very large funds, are too big to invest in these small companies.
They have too much capital to deploy, making smaller companies too difficult to buy effectively because they could end up buying half the company and be vastly overweighted in their ownership and risk percentage. These small companies have huge potential for disruption along with huge potential returns. The risk is that they’ll likely have quite a bit of volatility, as any investment still early in the game has, like what we’re seeing in the crypto markets. You got to have more of an appetite to be able to handle that type of up-and-down fast-price action.
You also have the possibility that these small caps can create a powerful technology but then get disrupted by someone else that comes along and does bigger, better, and faster. The biggest challenge with buying small cap trends-setting future growth technology-type stocks is that when you buy them, it’s pretty likely they could instantly drop in price.
They have quick swings and price action, and timing the bottom is very all but impossible. You have to go into this type of investing with the mindset you don’t care what happens in the short run. You’re making a long-term play. You’re making a five-year at minimum play. You’re going to huddle, which means hold on for dear life, let the technology develop, take hold in the marketplace, and get mass adopted. If you buy these stocks and check your brokerage account every day, you’ll be pretty miserable. This type of investing is best done with the buy-it-and-forget-it type mentality.
I’m going to be releasing a service very soon. It’s a private mastermind group where I’m going to be releasing stocks and pre-IPO picks, just like I’ve described that I’m going to be investing into. This is not for the beginning investor. This is for those that are in more of stage four of investing, where they’ve been investing in it themselves. They’ve created some great cashflow in a business or strong income in a job. They have some assets that are producing some cashflow and safer investments, and they’re ready to start adding a mix of stage four more speculative bets into their portfolio.
That’s where I’m also going to cover crypto picks inside of this private mastermind as well. Anything that I’m buying, I’m going to be posting into this group with the research that goes in behind it, why I’m doing it, and what the thoughts are of what we think it could look like in a few years from now. This is going to be an incredible service that I’m going to be offering. Many people come to me and ask me all the time, like, “What crypto are you buying?” A lot of friends do that. I can’t take time out of my day every time I buy crypto to text ten of my friends or whatever. I can’t do that. I can’t remember to tell you when to sell it either because I don’t remember when I told you to buy it.
With this service, you’re going to get all the buys, and then when I’m selling them, if the time comes where I’m going to sell, and it makes sense, the market is showing that it’s time to sell. I’m going to be posting when I sell as well. Get on my email list at MyIndestructibleWealth.com. You’re going to go to that site. Pop-up will happen within a few seconds. Enter your information, get on my email list, and you will get the first crack at being able to join the private mastermind group.
You’re going to want to do this. If you’re looking to do these types of investing, you’re going to want to have some help and some research behind you. There are a lot of different picks that you can choose from and navigate through. I’ve got a lot of incredible research teams behind me that I subscribe to that I’m pouring over to bring you these great picks and only picks that I’m going to be investing in myself. With that, here we go. Thanks for reading again.