identifying opportunities
Economic Opportunity 1: The cryptocurrency crash ( https://www.cnbc.com/2018/02/02/bitcoin-ethereum-ripple-price-falls-over-100-billion-wiped-off-global-cryptocurrency-market.html )
Cryptocurrencies have been a hot topic in our world of late. The initial surge of these currencies such as the notorious Bitcoin made people millionaires in a matter of weeks. As of yesterday, the market for cryptocurrencies has crashed, leaving some people with their pockets empty and scratching their head. With the downward trend of this market, many would suggest that now is a great time to buy because people still expect these currencies to be of use in our future. The prototypical customer would be any willing investors. This opportunity to invest in cryptocurrencies is very easy to exploit. all customers have to do is find a virtual wallet platform and they can buy these currencies online immediately. I saw this opportunity because I have been studying this market for almost an entire year. I am not the only who has read the market this way but I definitely think there is room to make money.
Economic Opportunity 2: Overall Economic Growth ( https://www.wsj.com/articles/u-s-gained-200-000-jobs-in-january-as-wages-picked-up-1517578320 )
Love him, hate him, despise him, it does not matter. President Donald Trump has certainly done some questionable things during his time in office, but the way that the US economy is growing under his leadership cannot go unnoticed. Now is a great time to make riskier financial decisions. The opportunity that I picked for this trend is real estate investments. Real estate is one of the most profitable and sound investments someone can make. With the surging economy, now is the time to buy. The prospective customers would be wealthier people with extra money to invest. This opportunity would be relatively difficult to exploit because you would need knowledge of the real estate market and disposable income. I am not the only person with the idea to invest in real estate during this time but I still think it would be a good idea.
Regulatory Opportunity 1: Decrease in wall street regulations ( http://fortune.com/2017/06/13/donald-trump-steven-mnuchin-treasury-financial-regulation/ )
Trump has freeing up the stock market on his agenda for 2018. This means that there is an opportunity for more profit for investors. With less regulation, there are more opportunities for people to make money. The prospective customers would be investors with some free money to put into the stock market. These opportunities can be seen as fairly easy to exploit for someone with a little disposable income. I think placing money into the stock market when Trump is president is a good idea because the economy has been growing steadily under him and I'm sure others are doing the same.
Regulatory Opportunity 2: Reduction of National Parks ( https://www.nytimes.com/2017/12/04/us/trump-bears-ears.html )
The recent reduction of 2 major US National Monuments leaves room for opportunity. The reduction leaves a vast amount of land to be purchased and developed. With this new land, I propose purchasing some of it and starting a small business that does hiking tours, white water rafting, and rock climbing lessons. I think this will become a destination for thrill seekers and family's looking for an affordable vacation. This business venture will be difficult to start up because there are many steps to starting a small business. I saw this opportunity because I am intersted in outdoor activities and wish I could partake in the ones that this business would offer.
Cryptocurrencies have been a hot topic in our world of late. The initial surge of these currencies such as the notorious Bitcoin made people millionaires in a matter of weeks. As of yesterday, the market for cryptocurrencies has crashed, leaving some people with their pockets empty and scratching their head. With the downward trend of this market, many would suggest that now is a great time to buy because people still expect these currencies to be of use in our future. The prototypical customer would be any willing investors. This opportunity to invest in cryptocurrencies is very easy to exploit. all customers have to do is find a virtual wallet platform and they can buy these currencies online immediately. I saw this opportunity because I have been studying this market for almost an entire year. I am not the only who has read the market this way but I definitely think there is room to make money.
Economic Opportunity 2: Overall Economic Growth ( https://www.wsj.com/articles/u-s-gained-200-000-jobs-in-january-as-wages-picked-up-1517578320 )
Love him, hate him, despise him, it does not matter. President Donald Trump has certainly done some questionable things during his time in office, but the way that the US economy is growing under his leadership cannot go unnoticed. Now is a great time to make riskier financial decisions. The opportunity that I picked for this trend is real estate investments. Real estate is one of the most profitable and sound investments someone can make. With the surging economy, now is the time to buy. The prospective customers would be wealthier people with extra money to invest. This opportunity would be relatively difficult to exploit because you would need knowledge of the real estate market and disposable income. I am not the only person with the idea to invest in real estate during this time but I still think it would be a good idea.
Regulatory Opportunity 1: Decrease in wall street regulations ( http://fortune.com/2017/06/13/donald-trump-steven-mnuchin-treasury-financial-regulation/ )
Trump has freeing up the stock market on his agenda for 2018. This means that there is an opportunity for more profit for investors. With less regulation, there are more opportunities for people to make money. The prospective customers would be investors with some free money to put into the stock market. These opportunities can be seen as fairly easy to exploit for someone with a little disposable income. I think placing money into the stock market when Trump is president is a good idea because the economy has been growing steadily under him and I'm sure others are doing the same.
Regulatory Opportunity 2: Reduction of National Parks ( https://www.nytimes.com/2017/12/04/us/trump-bears-ears.html )
The recent reduction of 2 major US National Monuments leaves room for opportunity. The reduction leaves a vast amount of land to be purchased and developed. With this new land, I propose purchasing some of it and starting a small business that does hiking tours, white water rafting, and rock climbing lessons. I think this will become a destination for thrill seekers and family's looking for an affordable vacation. This business venture will be difficult to start up because there are many steps to starting a small business. I saw this opportunity because I am intersted in outdoor activities and wish I could partake in the ones that this business would offer.
It's really cool that you know so much about the current events of economics. As I was reading your opportunity analyses though, it was hard to keep up with what you're saying because I have very little economic understand or background. Next time, maybe provide some definitions to words like "cryptocurrency" or summarize some reasons why Trump has caused the economy to grow.
ReplyDeleteHey Kerry,
ReplyDeleteThe trends that you have pointed out are actually very well thought out and present an entrepreneur with information that will allow them to mitigate risk and take control of market opportunities. Additionally, I also like how you have mentioned the role of cryptocurrencies in our nation at the moment. This is a revolutionary market and there is a chance that for people to make money if they know how. Best of luck!
Kerry, you certainly had a great variety of opportunities, and I enjoyed reading your post. I really liked how thorough and clear your explanations and descriptions were for each opportunity, as it helped us readers understand the issue better. The structure of your writing was very clear, and it made reading much more enjoyable. I particularly thought your post “Reduction of National Parks” very interesting. I love your opinion on how people can utilize the land! I feel like turning land into something that would encourage people to engage in outdoor activities is much better than completely just turning that land into a mall, a shopping center, or a hotel. Great post!
ReplyDelete